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SHSE:688635's PB Ratio is ranked worse than 99% of 2412
companies
in the Hardware industry
Industry Median: 2.3
vs SHSE:688635: 18.24
During the past 3 years, the average Book Value Per Share Growth Rate was 31.80% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Wuhan Changjin Photonics Technology Co was 31.80% per year. The lowest was 31.80% per year. And the median was 31.80% per year.
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.
Wuhan Changjin Photonics Technology Co PB Ratio Related Terms
Wuhan Changjin Photonics Technology 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.
Wuhan Changjin Photonics Technology Co PB Ratio Chart
Wuhan Changjin Photonics Technology Co Annual Data
Trend
Dec22
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PB Ratio
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Wuhan Changjin Photonics Technology Co Quarterly Data
SHSE:688635 vs CSCO, MSI, HPE: PB Ratio Comparison
For the Communication Equipment subindustry, Wuhan Changjin Photonics Technology 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.
Wuhan Changjin Photonics Technology Co PB Ratio vs Hardware Industry
Wuhan Changjin Photonics Technology 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.
Wuhan Changjin Photonics Technology Co (SHSE:688635) has a PB Ratio of 18.24 as of Aug. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Wuhan Changjin Photonics Technology Co and its competitors. This is 21% below median its historical median of 23.17. Over the past decade, Wuhan Changjin Photonics Technology Co's PB Ratio has ranged from 13.04 to 104.16. According to the industry distribution chart, Wuhan Changjin Photonics Technology Co ranks #2388 out of 2412 companies in the Hardware industry, placing it in the top 99%.
Is Wuhan Changjin Photonics Technology Co's PB Ratio too high?
Wuhan Changjin Photonics Technology Co's current PB Ratio of 18.24 is 21% below median its 10-year median of 23.17. Over the past 10 years, this metric has ranged from a low of 13.04 to a high of 104.16. The Hardware industry median PB Ratio is 2.30. Wuhan Changjin Photonics Technology Co's value of 18.24 is 693% above this industry median. Based on the distribution chart, Wuhan Changjin Photonics Technology Co ranks #2388 out of 2412 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Wuhan Changjin Photonics Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Wuhan Changjin Photonics Technology Co's PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Wuhan Changjin Photonics Technology Co ranks #2388 out of 2412 companies for PB Ratio. This places Wuhan Changjin Photonics Technology Co in the lower half of its industry. The industry median PB Ratio is 2.30. Wuhan Changjin Photonics Technology Co's value of 18.24 is 693% above this benchmark. Historically, Wuhan Changjin Photonics Technology Co's own PB Ratio has ranged from 13.04 to 104.16 over the past decade. While the company's 10-year median is 23.17 vs. the industry median of 2.30, Wuhan Changjin Photonics Technology 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 Hardware company?
The median PB Ratio among Hardware companies is 2.30, based on 2,412 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. Wuhan Changjin Photonics Technology Co's current PB Ratio of 18.24 is 693% 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 Wuhan Changjin Photonics Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuhan Changjin Photonics Technology Co's current PB Ratio is 18.24, which is 21% below median its own 10-year median of 23.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuhan Changjin Photonics Technology Co stock overvalued right now?
Wuhan Changjin Photonics Technology Co (SHSE:688635) has a current PB Ratio of 18.24. The current PB Ratio is 18.24, which is 21% below median its 10-year median of 23.17 and 693% above the Hardware industry median of 2.30. Wuhan Changjin Photonics Technology Co's overall GF Score™ is 20/100 with 2 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 Wuhan Changjin Photonics Technology Co (SHSE:688635), the current PB Ratio is 18.24 as of Aug. 29, 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.
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