Shenzhen Newway Photomask Making Co (SHSE:688401) PB Ratio: 7.67 (As of Jul. 21, 2026) — 72% Above Median

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SHSE:688401 Shenzhen Newway Photomask Making Co Ltd SHSE:688401
82 GF Score
Price ¥68.65
GF Value ¥53.78
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Shenzhen Newway Photomask Making Co PB Ratio?

Shenzhen Newway Photomask Making Co SHSE:688401 +15.77% 82 PB Ratio is 7.67 as of Jul. 21, 2026, which is 72% above its 10-year median of 4.47. GuruFocus rates SHSE:688401 with a GF Score™ of 82/100 and a GF Value™ of ¥53.78 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 998 Semiconductors companies, Shenzhen Newway Photomask Making Co ranks worse than 81.26% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-21), Shenzhen Newway Photomask Making Co's share price is ¥68.65. Shenzhen Newway Photomask Making Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥8.95. Hence, Shenzhen Newway Photomask Making Co's PB Ratio of today is 7.67.

The historical rank and industry rank for Shenzhen Newway Photomask Making Co's PB Ratio or its related term are showing as below:

SHSE:688401' s PB Ratio Range Over the Past 10 Years
Min: 2.86   Med: 4.47   Max: 12.45
Current: 7.67

During the past 13 years, Shenzhen Newway Photomask Making Co's highest PB Ratio was 12.45. The lowest was 2.86. And the median was 4.47.

SHSE:688401's PB Ratio is ranked worse than
81.26% of 998 companies
in the Semiconductors industry
Industry Median: 3.19 vs SHSE:688401: 7.67

During the past 12 months, Shenzhen Newway Photomask Making Co's average Book Value Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 26.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shenzhen Newway Photomask Making Co was 125.70% per year. The lowest was -0.10% per year. And the median was 24.35% per year.

Back to Basics: PB Ratio


Shenzhen Newway Photomask Making Co  (SHSE:688401) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Shenzhen Newway Photomask Making Co PB Ratio Related Terms


Shenzhen Newway Photomask Making Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Shenzhen Newway Photomask Making Co's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shenzhen Newway Photomask Making Co PB Ratio Chart

Shenzhen Newway Photomask Making Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 4.33 4.06 3.67 5.68

Shenzhen Newway Photomask Making Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.46 4.41 5.96 5.68 5.37

SHSE:688401 vs AMAT, LRCX, KLAC: PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Shenzhen Newway Photomask Making Co's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shenzhen Newway Photomask Making Co PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shenzhen Newway Photomask Making Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Newway Photomask Making Co's PB Ratio falls into.


SHSE:688401
82GF Score
Shenzhen Newway Photomask Making Co Ltd SHSE:688401
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Newway Photomask Making Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Shenzhen Newway Photomask Making Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=68.65/8.95
=7.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 7.67 mean?
Shenzhen Newway Photomask Making Co (SHSE:688401) has a PB Ratio of 7.67 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shenzhen Newway Photomask Making Co and its competitors. This is 72% above median its historical median of 4.47. Over the past decade, Shenzhen Newway Photomask Making Co's PB Ratio has ranged from 2.86 to 12.45. According to the industry distribution chart, Shenzhen Newway Photomask Making Co ranks #811 out of 998 companies in the Semiconductors industry, placing it in the top 81.3%.
Is Shenzhen Newway Photomask Making Co's PB Ratio too high?
Shenzhen Newway Photomask Making Co's current PB Ratio of 7.67 is 72% above median its 10-year median of 4.47. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 12.45. The Semiconductors industry median PB Ratio is 3.19. Shenzhen Newway Photomask Making Co's value of 7.67 is 140.4% above this industry median. Based on the distribution chart, Shenzhen Newway Photomask Making Co ranks #811 out of 998 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Shenzhen Newway Photomask Making Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Newway Photomask Making Co's PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Shenzhen Newway Photomask Making Co ranks #811 out of 998 companies for PB Ratio. This places Shenzhen Newway Photomask Making Co in the lower half of its industry. The industry median PB Ratio is 3.19. Shenzhen Newway Photomask Making Co's value of 7.67 is 140.4% above this benchmark. Historically, Shenzhen Newway Photomask Making Co's own PB Ratio has ranged from 2.86 to 12.45 over the past decade. While the company's 10-year median is 4.47 vs. the industry median of 3.19, Shenzhen Newway Photomask Making Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.19, based on 998 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shenzhen Newway Photomask Making Co's current PB Ratio of 7.67 is 140.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shenzhen Newway Photomask Making Co and its competitors. For the Semiconductors industry, the median PB Ratio is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Newway Photomask Making Co's current PB Ratio is 7.67, which is 72% above median its own 10-year median of 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Newway Photomask Making Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Newway Photomask Making Co (SHSE:688401) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥53.78, compared to a current price of ¥68.65 — trading 27.6% above its estimated fair value. The current PB Ratio is 7.67, which is 72% above median its 10-year median of 4.47 and 140.4% above the Semiconductors industry median of 3.19. Shenzhen Newway Photomask Making Co's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Shenzhen Newway Photomask Making Co (SHSE:688401), the current PB Ratio is 7.67 as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shenzhen Newway Photomask Making Co (SHSE:688401) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Newway Photomask Making Co stock appears to be overvalued. The current stock price of ¥68.65 is trading 27.6% above its estimated GF Value™ of ¥53.78. GuruFocus considers Shenzhen Newway Photomask Making Co to be Modestly Overvalued.

Key valuation signals for SHSE:688401:

  • PB Ratio: 7.67 (72% above median its 10-year median of 4.47)
  • GF Value™: ¥53.78 vs. price of ¥68.65 (27.6% above fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 140.4% above the Semiconductors median (#811 of 998)

No single metric tells the full story. See the SHSE:688401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Newway Photomask Making Co Business Description

Address No. 16, Langshan Road, oom 102, Block D, Office Building, Huahan Innovation Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Shenzhen Newway Photomask Making Co Ltd is engage research and development, production and sales of photomasks used in industries such as integrated circuits and displays; research and development, production and sales of photomask materials; technology development and sales of electronic products and software; research and development, production and sales of electronic equipment; engage in the import and export of goods and technology (excluding distribution and state-monopolized and controlled commodities).
82GF Score

Get the complete analysis for SHSE:688401

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥68.65
Price
¥53.78
GF Value