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SHSE:688518'
s PB Ratio Range Over the Past 10 Years
Min: 1.3 Med: 2.88 Max: 10.37
Current: 1.8
During the past 13 years, Shenzhen United Winners Laser Co's highest PB Ratio was 10.37. The lowest was 1.30. And the median was 2.88.
SHSE:688518's PB Ratio is ranked better than 56.51% of 2980
companies
in the Industrial Products industry
Industry Median: 2.1
vs SHSE:688518: 1.80
During the past 12 months, Shenzhen United Winners Laser Co's average Book Value Per Share Growth Rate was 3.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 20.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shenzhen United Winners Laser Co was 38.50% per year. The lowest was 12.40% per year. And the median was 22.35% per year.
Back to Basics: PB Ratio
Shenzhen United Winners Laser Co (SHSE:688518) PB Ratio Explanation
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 United Winners Laser Co PB Ratio Related Terms
Shenzhen United Winners Laser Co PB Ratio Historical Data
* 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.
For the Specialty Industrial Machinery subindustry, Shenzhen United Winners Laser 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 United Winners Laser Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shenzhen United Winners Laser Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shenzhen United Winners Laser Co's PB Ratio falls into.
Shenzhen United Winners Laser 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.
* 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.
Shenzhen United Winners Laser Co (SHSE:688518) has a PB Ratio of 1.80 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shenzhen United Winners Laser Co and its competitors. This is 38% below median its historical median of 2.88. Over the past decade, Shenzhen United Winners Laser Co's PB Ratio has ranged from 1.30 to 10.37. According to the industry distribution chart, Shenzhen United Winners Laser Co ranks #1296 out of 2980 companies in the Industrial Products industry, placing it in the top 43.5%.
Is Shenzhen United Winners Laser Co's PB Ratio too high?
Shenzhen United Winners Laser Co's current PB Ratio of 1.80 is 38% below median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 10.37. The Industrial Products industry median PB Ratio is 2.10. Shenzhen United Winners Laser Co's value of 1.80 is 14.3% below this industry median. Based on the distribution chart, Shenzhen United Winners Laser Co ranks #1296 out of 2980 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shenzhen United Winners Laser Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen United Winners Laser Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shenzhen United Winners Laser Co ranks #1296 out of 2980 companies for PB Ratio. This puts Shenzhen United Winners Laser Co in the upper half of its industry. The industry median PB Ratio is 2.10. Shenzhen United Winners Laser Co's value of 1.80 is 14.3% below this benchmark. Historically, Shenzhen United Winners Laser Co's own PB Ratio has ranged from 1.30 to 10.37 over the past decade. While the company's 10-year median is 2.88 vs. the industry median of 2.10, Shenzhen United Winners Laser Co has consistently been below 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.10, based on 2,980 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 United Winners Laser Co's current PB Ratio of 1.80 is 14.3% below 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 United Winners Laser Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen United Winners Laser Co's current PB Ratio is 1.80, which is 38% below median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen United Winners Laser Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen United Winners Laser Co (SHSE:688518) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.82, compared to a current price of ¥17.48 — trading 11.8% below its estimated fair value. The current PB Ratio is 1.80, which is 38% below median its 10-year median of 2.88 and 14.3% below the Industrial Products industry median of 2.10. Shenzhen United Winners Laser Co's overall GF Score™ is 91/100 with 8 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 United Winners Laser Co (SHSE:688518), the current PB Ratio is 1.80 as of Jul. 22, 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 United Winners Laser Co (SHSE:688518) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen United Winners Laser Co stock appears to be undervalued.
The current stock price of ¥17.48 is trading 11.8% below its estimated GF Value™ of ¥19.82.
GuruFocus considers Shenzhen United Winners Laser Co to be Modestly Undervalued.
Key valuation signals for SHSE:688518:
PB Ratio: 1.80 (38% below median its 10-year median of 2.88)
GF Value™: ¥19.82 vs. price of ¥17.48 (11.8% below fair value)
Industry Position: 14.3% below the Industrial Products median (#1296 of 2980)
No single metric tells the full story. See the SHSE:688518 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen United Winners Laser Co Business Description
Shenzhen United Winners Laser Co Ltd is engaged in production and sales of precision laser welding machines and laser welding automation equipment. The company's laser welding machine and related automation is used in automobile, battery, consumer electronics, sensor, hardware & home appliance, optical communication, flat plate solar energy collectors, mold repair welding machine, laser welding for plastic, laser soldering & brazing, software, among others.
91GF Score
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