Shenzhen UTIMES Intelligent Equipment Co (SHSE:688638) PB Ratio: 2.48 (As of Sep. 08, 2026) — 15% Above Median

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SHSE:688638 Shenzhen UTIMES Intelligent Equipment Co Ltd SHSE:688638
75 GF Score
Price ¥32.80
GF Value ¥27.18
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Shenzhen UTIMES Intelligent Equipment Co PB Ratio?

Shenzhen UTIMES Intelligent Equipment Co SHSE:688638 -0.91% 75 PB Ratio is 2.48 as of Sep. 08, 2026, which is 15% above its 10-year median of 2.16. GuruFocus rates SHSE:688638 with a GF Score™ of 75/100 and a GF Value™ of ¥27.18 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,990 Industrial Products companies, Shenzhen UTIMES Intelligent Equipment Co ranks worse than 54.82% 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 (2026-09-08), Shenzhen UTIMES Intelligent Equipment Co's share price is ¥32.80. Shenzhen UTIMES Intelligent Equipment Co's Book Value per Share for the quarter that ended in Jun. 2026 was ¥13.21. Hence, Shenzhen UTIMES Intelligent Equipment Co's PB Ratio of today is 2.48.

The historical rank and industry rank for Shenzhen UTIMES Intelligent Equipment Co's PB Ratio or its related term are showing as below:

SHSE:688638' s PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 2.16   Max: 8.73
Current: 2.48

During the past 7 years, Shenzhen UTIMES Intelligent Equipment Co's highest PB Ratio was 8.73. The lowest was 1.11. And the median was 2.16.

SHSE:688638's PB Ratio is ranked worse than
54.82% of 2990 companies
in the Industrial Products industry
Industry Median: 2.22 vs SHSE:688638: 2.48

During the past 12 months, Shenzhen UTIMES Intelligent Equipment Co's average Book Value Per Share Growth Rate was -18.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 49.20% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Shenzhen UTIMES Intelligent Equipment Co was 108.60% per year. The lowest was 26.10% per year. And the median was 56.65% per year.

Back to Basics: PB Ratio


Shenzhen UTIMES Intelligent Equipment Co  (SHSE:688638) 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 UTIMES Intelligent Equipment Co PB Ratio Related Terms


Shenzhen UTIMES Intelligent Equipment Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Shenzhen UTIMES Intelligent Equipment 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 UTIMES Intelligent Equipment Co PB Ratio Chart

Shenzhen UTIMES Intelligent Equipment Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 2.15 1.61 2.51

Shenzhen UTIMES Intelligent Equipment Co Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.41 2.93 2.51 2.90 2.36

SHSE:688638 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Shenzhen UTIMES Intelligent 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.


Shenzhen UTIMES Intelligent Equipment Co PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen UTIMES Intelligent Equipment Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen UTIMES Intelligent Equipment Co's PB Ratio falls into.


SHSE:688638
75GF Score
Shenzhen UTIMES Intelligent Equipment Co Ltd SHSE:688638
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen UTIMES Intelligent 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.

Shenzhen UTIMES Intelligent Equipment Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=32.80/13.206
=2.48

* 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 2.48 mean?
Shenzhen UTIMES Intelligent Equipment Co (SHSE:688638) has a PB Ratio of 2.48 as of Sep. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shenzhen UTIMES Intelligent Equipment Co and its competitors. This is 15% above median its historical median of 2.16. Over the past decade, Shenzhen UTIMES Intelligent Equipment Co's PB Ratio has ranged from 1.11 to 8.73. According to the industry distribution chart, Shenzhen UTIMES Intelligent Equipment Co ranks #1639 out of 2990 companies in the Industrial Products industry, placing it in the top 54.8%.
Is Shenzhen UTIMES Intelligent Equipment Co's PB Ratio too high?
Shenzhen UTIMES Intelligent Equipment Co's current PB Ratio of 2.48 is 15% above median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 8.73. The Industrial Products industry median PB Ratio is 2.22. Shenzhen UTIMES Intelligent Equipment Co's value of 2.48 is 11.7% above this industry median. Based on the distribution chart, Shenzhen UTIMES Intelligent Equipment Co ranks #1639 out of 2990 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shenzhen UTIMES Intelligent Equipment Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen UTIMES Intelligent Equipment Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shenzhen UTIMES Intelligent Equipment Co ranks #1639 out of 2990 companies for PB Ratio. This places Shenzhen UTIMES Intelligent Equipment Co in the lower half of its industry. The industry median PB Ratio is 2.22. Shenzhen UTIMES Intelligent Equipment Co's value of 2.48 is 11.7% above this benchmark. Historically, Shenzhen UTIMES Intelligent Equipment Co's own PB Ratio has ranged from 1.11 to 8.73 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 2.22, Shenzhen UTIMES Intelligent Equipment 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.22, based on 2,990 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 UTIMES Intelligent Equipment Co's current PB Ratio of 2.48 is 11.7% 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 UTIMES Intelligent Equipment Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen UTIMES Intelligent Equipment Co's current PB Ratio is 2.48, which is 15% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen UTIMES Intelligent Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen UTIMES Intelligent Equipment Co (SHSE:688638) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥27.18, compared to a current price of ¥32.80 — trading 20.7% above its estimated fair value. The current PB Ratio is 2.48, which is 15% above median its 10-year median of 2.16 and 11.7% above the Industrial Products industry median of 2.22. Shenzhen UTIMES Intelligent Equipment Co's overall GF Score™ is 75/100 with 6 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 UTIMES Intelligent Equipment Co (SHSE:688638), the current PB Ratio is 2.48 as of Sep. 08, 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 UTIMES Intelligent Equipment Co (SHSE:688638) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen UTIMES Intelligent Equipment Co stock appears to be overvalued. The current stock price of ¥32.80 is trading 20.7% above its estimated GF Value™ of ¥27.18. GuruFocus considers Shenzhen UTIMES Intelligent Equipment Co to be Modestly Overvalued.

Key valuation signals for SHSE:688638:

  • PB Ratio: 2.48 (15% above median its 10-year median of 2.16)
  • GF Value™: ¥27.18 vs. price of ¥32.80 (20.7% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 11.7% above the Industrial Products median (#1639 of 2990)

No single metric tells the full story. See the SHSE:688638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen UTIMES Intelligent Equipment Co Business Description

Address Xixiang Street, 17th Floor, Huafeng International Business Building, Baoan, Guangdong, Shenzhen, CHN, 518000
Shenzhen UTIMES Intelligent Equipment Co Ltd is engaged in research & development, production and sales of non-standard automated intelligent assembly equipment and testing equipment. The company's main products are lithium-ion battery intelligent equipment and consumer electronics intelligent manufacturing equipment, which can be widely used in the intelligent production and manufacturing of products in multiple fields such as new energy, automotive electronics, and consumer electronics.
75GF Score

Get the complete analysis for SHSE:688638

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

¥32.80
Price
¥27.18
GF Value