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Wuhan Yifi LaserSHSE:688646 -6.21%60 PB Ratio is 3.72 as of Jul. 30, 2026, which is 75% above its 10-year median of 2.13. GuruFocus rates SHSE:688646 with a GF Score™ of 60/100 and a GF Value™ of ¥31.47 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,981 Industrial Products companies, Wuhan Yifi Laser ranks worse than 73.36% 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 (2026-07-30), Wuhan Yifi Laser's share price is ¥55.90. Wuhan Yifi Laser's Book Value per Share for the quarter that ended in Mar. 2026 was ¥15.02. Hence, Wuhan Yifi Laser's PB Ratio of today is 3.72.
The historical rank and industry rank for Wuhan Yifi Laser's PB Ratio or its related term are showing as below:
SHSE:688646'
s PB Ratio Range Over the Past 10 Years
Min: 1.34 Med: 2.13 Max: 6.64
Current: 3.72
During the past 7 years, Wuhan Yifi Laser's highest PB Ratio was 6.64. The lowest was 1.34. And the median was 2.13.
SHSE:688646's PB Ratio is ranked worse than 73.36% of 2981
companies
in the Industrial Products industry
Industry Median: 2.05
vs SHSE:688646: 3.72
During the past 12 months, Wuhan Yifi Laser's average Book Value Per Share Growth Rate was -7.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 34.40% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Wuhan Yifi Laser was 65.40% per year. The lowest was 23.70% per year. And the median was 32.55% per year.
Back to Basics: PB Ratio
Wuhan Yifi Laser (SHSE:688646) 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.
Wuhan Yifi Laser PB Ratio Related Terms
Wuhan Yifi Laser PB Ratio Historical Data
* Premium members only.
The historical data trend for Wuhan Yifi Laser'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.
For the Specialty Industrial Machinery subindustry, Wuhan Yifi Laser'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 Yifi Laser PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Wuhan Yifi Laser's PB Ratio distribution charts can be found below:
* The bar in red indicates where Wuhan Yifi Laser's PB Ratio falls into.
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 Yifi Laser (SHSE:688646) has a PB Ratio of 3.72 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Wuhan Yifi Laser and its competitors. This is 75% above median its historical median of 2.13. Over the past decade, Wuhan Yifi Laser's PB Ratio has ranged from 1.34 to 6.64. According to the industry distribution chart, Wuhan Yifi Laser ranks #2187 out of 2981 companies in the Industrial Products industry, placing it in the top 73.4%.
Is Wuhan Yifi Laser's PB Ratio too high?
Wuhan Yifi Laser's current PB Ratio of 3.72 is 75% above median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 6.64. The Industrial Products industry median PB Ratio is 2.05. Wuhan Yifi Laser's value of 3.72 is 81.5% above this industry median. Based on the distribution chart, Wuhan Yifi Laser ranks #2187 out of 2981 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Wuhan Yifi Laser has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wuhan Yifi Laser's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Wuhan Yifi Laser ranks #2187 out of 2981 companies for PB Ratio. This places Wuhan Yifi Laser in the lower half of its industry. The industry median PB Ratio is 2.05. Wuhan Yifi Laser's value of 3.72 is 81.5% above this benchmark. Historically, Wuhan Yifi Laser's own PB Ratio has ranged from 1.34 to 6.64 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 2.05, Wuhan Yifi Laser 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 2.05, based on 2,981 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 Yifi Laser's current PB Ratio of 3.72 is 81.5% 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 Yifi Laser and its competitors. For the Industrial Products industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuhan Yifi Laser's current PB Ratio is 3.72, which is 75% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuhan Yifi Laser stock overvalued right now?
Based on GuruFocus' analysis, Wuhan Yifi Laser (SHSE:688646) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥31.47, compared to a current price of ¥55.90 — trading 77.6% above its estimated fair value. The current PB Ratio is 3.72, which is 75% above median its 10-year median of 2.13 and 81.5% above the Industrial Products industry median of 2.05. Wuhan Yifi Laser's overall GF Score™ is 60/100 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 Wuhan Yifi Laser (SHSE:688646), the current PB Ratio is 3.72 as of Jul. 30, 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 Wuhan Yifi Laser (SHSE:688646) Overvalued in 2026?
Based on GuruFocus' analysis, Wuhan Yifi Laser stock appears to be overvalued.
The current stock price of ¥55.90 is trading 77.6% above its estimated GF Value™ of ¥31.47.
GuruFocus considers Wuhan Yifi Laser to be Significantly Overvalued.
Key valuation signals for SHSE:688646:
PB Ratio: 3.72 (75% above median its 10-year median of 2.13)
GF Value™: ¥31.47 vs. price of ¥55.90 (77.6% above fair value)
Industry Position: 81.5% above the Industrial Products median (#2187 of 2981)
No single metric tells the full story. See the SHSE:688646 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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