Union Semiconductor (Hefei) Co (SHSE:688403) PB Ratio: 6.95 (As of Jul. 15, 2026) — 135% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688403 Union Semiconductor (Hefei) Co Ltd SHSE:688403
45 GF Score
Price ¥30.07
GF Value ¥11.10
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Union Semiconductor (Hefei) Co PB Ratio?

Union Semiconductor (Hefei) Co SHSE:688403 -7.70% 45 PB Ratio is 6.95 as of Jul. 15, 2026, which is 135% above its 10-year median of 2.96. GuruFocus rates SHSE:688403 with a GF Score™ of 45/100 and a GF Value™ of ¥11.10 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 997 Semiconductors companies, Union Semiconductor (Hefei) Co ranks worse than 77.33% 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 (2026-07-15), Union Semiconductor (Hefei) Co's share price is ¥30.07. Union Semiconductor (Hefei) Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥4.32. Hence, Union Semiconductor (Hefei) Co's PB Ratio of today is 6.95.

Warning Sign:

Union Semiconductor (Hefei) Co Ltd stock PB Ratio (=8.23) is close to 3-year high of 9.09.

The historical rank and industry rank for Union Semiconductor (Hefei) Co's PB Ratio or its related term are showing as below:

SHSE:688403' s PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 2.96   Max: 9.79
Current: 6.96

During the past 8 years, Union Semiconductor (Hefei) Co's highest PB Ratio was 9.79. The lowest was 1.80. And the median was 2.96.

SHSE:688403's PB Ratio is ranked worse than
77.33% of 997 companies
in the Semiconductors industry
Industry Median: 3.49 vs SHSE:688403: 6.96

During the past 12 months, Union Semiconductor (Hefei) Co's average Book Value Per Share Growth Rate was 11.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Union Semiconductor (Hefei) Co was 22.30% per year. The lowest was 5.50% per year. And the median was 13.90% per year.

Back to Basics: PB Ratio


Union Semiconductor (Hefei) Co  (SHSE:688403) 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.


Union Semiconductor (Hefei) Co PB Ratio Related Terms


Union Semiconductor (Hefei) Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Union Semiconductor (Hefei) 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.

Union Semiconductor (Hefei) Co PB Ratio Chart

Union Semiconductor (Hefei) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 3.02 2.81 2.35 4.01

Union Semiconductor (Hefei) 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 2.52 2.69 4.78 4.01 3.30

SHSE:688403 vs NVDA, AVGO, MU: PB Ratio Comparison

For the Semiconductors subindustry, Union Semiconductor (Hefei) 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.


Union Semiconductor (Hefei) Co PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Union Semiconductor (Hefei) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Union Semiconductor (Hefei) Co's PB Ratio falls into.


SHSE:688403
45GF Score
Union Semiconductor (Hefei) Co Ltd SHSE:688403
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Semiconductor (Hefei) 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.

Union Semiconductor (Hefei) Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=30.07/4.324
=6.95

* 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 6.95 mean?
Union Semiconductor (Hefei) Co (SHSE:688403) has a PB Ratio of 6.95 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Union Semiconductor (Hefei) Co and its competitors. This is 135% above median its historical median of 2.96. Over the past decade, Union Semiconductor (Hefei) Co's PB Ratio has ranged from 1.80 to 9.79. According to the industry distribution chart, Union Semiconductor (Hefei) Co ranks #771 out of 997 companies in the Semiconductors industry, placing it in the top 77.3%.
Is Union Semiconductor (Hefei) Co's PB Ratio too high?
Union Semiconductor (Hefei) Co's current PB Ratio of 6.95 is 135% above median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 9.79. The Semiconductors industry median PB Ratio is 3.49. Union Semiconductor (Hefei) Co's value of 6.95 is 99.1% above this industry median. Based on the distribution chart, Union Semiconductor (Hefei) Co ranks #771 out of 997 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Union Semiconductor (Hefei) Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Semiconductor (Hefei) Co's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Union Semiconductor (Hefei) Co ranks #771 out of 997 companies for PB Ratio. This places Union Semiconductor (Hefei) Co in the lower half of its industry. The industry median PB Ratio is 3.49. Union Semiconductor (Hefei) Co's value of 6.95 is 99.1% above this benchmark. Historically, Union Semiconductor (Hefei) Co's own PB Ratio has ranged from 1.80 to 9.79 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 3.49, Union Semiconductor (Hefei) 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 3.49, based on 997 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. Union Semiconductor (Hefei) Co's current PB Ratio of 6.95 is 99.1% 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 Union Semiconductor (Hefei) Co and its competitors. For the Semiconductors industry, the median PB Ratio is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Semiconductor (Hefei) Co's current PB Ratio is 6.95, which is 135% above median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Semiconductor (Hefei) Co stock overvalued right now?
Based on GuruFocus' analysis, Union Semiconductor (Hefei) Co (SHSE:688403) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.10, compared to a current price of ¥30.07 — trading 170.9% above its estimated fair value. The current PB Ratio is 6.95, which is 135% above median its 10-year median of 2.96 and 99.1% above the Semiconductors industry median of 3.49. Union Semiconductor (Hefei) Co's overall GF Score™ is 45/100 with 10 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 Union Semiconductor (Hefei) Co (SHSE:688403), the current PB Ratio is 6.95 as of Jul. 15, 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 Union Semiconductor (Hefei) Co (SHSE:688403) Overvalued in 2026?

Based on GuruFocus' analysis, Union Semiconductor (Hefei) Co stock appears to be overvalued. The current stock price of ¥30.07 is trading 170.9% above its estimated GF Value™ of ¥11.10. GuruFocus considers Union Semiconductor (Hefei) Co to be Significantly Overvalued.

Key valuation signals for SHSE:688403:

  • PB Ratio: 6.95 (135% above median its 10-year median of 2.96)
  • GF Value™: ¥11.10 vs. price of ¥30.07 (170.9% above fair value)
  • GF Score™: 45/100 with 10 warning signs
  • Industry Position: 99.1% above the Semiconductors median (#771 of 997)

No single metric tells the full story. See the SHSE:688403 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Semiconductor (Hefei) Co Business Description

Address Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230012
Union Semiconductor (Hefei) Co Ltd is a high-end packaging and testing service provider for integrated circuits. It focuses on the field of display driver chips. The company's main business is the front-end gold bumping manufacturing as the core, and integrates wafer testing, back-end chip-on-glass, and chip-on-film links to form a full range of display driver chips.
45GF Score

Get the complete analysis for SHSE:688403

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

¥30.07
Price
¥11.10
GF Value