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SHSE:688586's PB Ratio is ranked better than 53.37% of 341
companies
in the Aerospace & Defense industry
Industry Median: 3.44
vs SHSE:688586: 3.19
During the past 12 months, Hefei Jianghang Aircraft Equipment Co's average Book Value Per Share Growth Rate was -1.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Hefei Jianghang Aircraft Equipment Co was 49.40% per year. The lowest was 1.10% per year. And the median was 8.70% per year.
Back to Basics: PB Ratio
Hefei Jianghang Aircraft Equipment Co (SHSE:688586) 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.
Hefei Jianghang Aircraft Equipment Co PB Ratio Related Terms
Hefei Jianghang Aircraft Equipment 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.
Hefei Jianghang Aircraft Equipment Co PB Ratio Chart
For the Aerospace & Defense subindustry, Hefei Jianghang Aircraft Equipment 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.
Hefei Jianghang Aircraft Equipment Co PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Hefei Jianghang Aircraft Equipment Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hefei Jianghang Aircraft Equipment Co's PB Ratio falls into.
Hefei Jianghang Aircraft Equipment 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.
Hefei Jianghang Aircraft Equipment Co (SHSE:688586) has a PB Ratio of 3.19 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 Hefei Jianghang Aircraft Equipment Co and its competitors. This is 23% below median its historical median of 4.16. Over the past decade, Hefei Jianghang Aircraft Equipment Co's PB Ratio has ranged from 2.38 to 20.35. According to the industry distribution chart, Hefei Jianghang Aircraft Equipment Co ranks #159 out of 341 companies in the Aerospace & Defense industry, placing it in the top 46.6%.
Is Hefei Jianghang Aircraft Equipment Co's PB Ratio too high?
Hefei Jianghang Aircraft Equipment Co's current PB Ratio of 3.19 is 23% below median its 10-year median of 4.16. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 20.35. The Aerospace & Defense industry median PB Ratio is 3.44. Hefei Jianghang Aircraft Equipment Co's value of 3.19 is 7.3% below this industry median. Based on the distribution chart, Hefei Jianghang Aircraft Equipment Co ranks #159 out of 341 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Hefei Jianghang Aircraft Equipment Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hefei Jianghang Aircraft Equipment Co's PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Hefei Jianghang Aircraft Equipment Co ranks #159 out of 341 companies for PB Ratio. This puts Hefei Jianghang Aircraft Equipment Co in the upper half of its industry. The industry median PB Ratio is 3.44. Hefei Jianghang Aircraft Equipment Co's value of 3.19 is 7.3% below this benchmark. Historically, Hefei Jianghang Aircraft Equipment Co's own PB Ratio has ranged from 2.38 to 20.35 over the past decade. While the company's 10-year median is 4.16 vs. the industry median of 3.44, Hefei Jianghang Aircraft Equipment 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 Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.44, based on 341 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. Hefei Jianghang Aircraft Equipment Co's current PB Ratio of 3.19 is 7.3% 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 Hefei Jianghang Aircraft Equipment Co and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hefei Jianghang Aircraft Equipment Co's current PB Ratio is 3.19, which is 23% below median its own 10-year median of 4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hefei Jianghang Aircraft Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Hefei Jianghang Aircraft Equipment Co (SHSE:688586) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.86, compared to a current price of ¥10.05 — trading 1.9% above its estimated fair value. The current PB Ratio is 3.19, which is 23% below median its 10-year median of 4.16 and 7.3% below the Aerospace & Defense industry median of 3.44. Hefei Jianghang Aircraft Equipment Co's overall GF Score™ is 74/100 with 9 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 Hefei Jianghang Aircraft Equipment Co (SHSE:688586), the current PB Ratio is 3.19 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 Hefei Jianghang Aircraft Equipment Co (SHSE:688586) Overvalued in 2026?
Based on GuruFocus' analysis, Hefei Jianghang Aircraft Equipment Co stock appears to be overvalued.
The current stock price of ¥10.05 is trading 1.9% above its estimated GF Value™ of ¥9.86.
GuruFocus considers Hefei Jianghang Aircraft Equipment Co to be Fairly Valued.
Key valuation signals for SHSE:688586:
PB Ratio: 3.19 (23% below median its 10-year median of 4.16)
GF Value™: ¥9.86 vs. price of ¥10.05 (1.9% above fair value)
Industry Position: 7.3% below the Aerospace & Defense median (#159 of 341)
No single metric tells the full story. See the SHSE:688586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hefei Jianghang Aircraft Equipment Co Business Description
Hefei Jianghang Aircraft Equipment Co Ltd is engaged in production of aviation equipments and special refrigeration. The company produces aviation oxygen system, air service oxygen system, aircraft cabin equipment facilities, emergency oxygen supply device, engine oxygen supplement system, inert protection system, aviation fuel tank system, landing gear, aerospace environmental control life support equipment, aerospace individual protective device, ground oxygen protection device, plug-in pod, aviation ground equipment, non-standard testing equipment, non-standard training equipment, oxygen generator, sensitive element, sensor, refrigeration equipment, civil oxygen generator, medical oxygen generator, air purifier, and water purification.
74GF Score
Get the complete analysis for SHSE:688586
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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