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WebRAY Tech GroupSHSE:688651 +0.75%80 PB Ratio is 2.26 as of Jul. 23, 2026, which is 23% below its 10-year median of 2.95. GuruFocus rates SHSE:688651 with a GF Score™ of 80/100 and a GF Value™ of ¥30.24 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,634 Software companies, WebRAY Tech Group ranks better than 52.09% on this metric.
WebRAY Tech Group Inc stock PB Ratio (=2.26) is close to 1-year low of 2.24.
The historical rank and industry rank for WebRAY Tech Group's PB Ratio or its related term are showing as below:
SHSE:688651'
s PB Ratio Range Over the Past 10 Years
Min: 1.85 Med: 2.95 Max: 14.29
Current: 2.26
During the past 12 years, WebRAY Tech Group's highest PB Ratio was 14.29. The lowest was 1.85. And the median was 2.95.
SHSE:688651's PB Ratio is ranked better than 52.09% of 2634
companies
in the Software industry
Industry Median: 2.36
vs SHSE:688651: 2.26
During the past 12 months, WebRAY Tech Group's average Book Value Per Share Growth Rate was -5.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 37.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 37.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 50.80% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of WebRAY Tech Group was 66.30% per year. The lowest was 37.30% per year. And the median was 52.80% per year.
Back to Basics: PB Ratio
WebRAY Tech Group (SHSE:688651) 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.
WebRAY Tech Group PB Ratio Related Terms
WebRAY Tech Group PB Ratio Historical Data
* Premium members only.
The historical data trend for WebRAY Tech Group'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.
SHSE:688651 vs MSFT, ORCL, PLTR: PB Ratio Comparison
For the Software - Infrastructure subindustry, WebRAY Tech Group'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.
WebRAY Tech Group PB Ratio vs Software Industry
For the Software industry and Technology sector, WebRAY Tech Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where WebRAY Tech Group'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.
WebRAY Tech Group (SHSE:688651) has a PB Ratio of 2.26 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on WebRAY Tech Group and its competitors. This is 23% below median its historical median of 2.95. Over the past decade, WebRAY Tech Group's PB Ratio has ranged from 1.85 to 14.29. According to the industry distribution chart, WebRAY Tech Group ranks #1262 out of 2634 companies in the Software industry, placing it in the top 47.9%.
Is WebRAY Tech Group's PB Ratio too high?
WebRAY Tech Group's current PB Ratio of 2.26 is 23% below median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 14.29. The Software industry median PB Ratio is 2.36. WebRAY Tech Group's value of 2.26 is 4.2% below this industry median. Based on the distribution chart, WebRAY Tech Group ranks #1262 out of 2634 companies in the Software industry, which is above the industry midpoint. Overall, WebRAY Tech Group has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WebRAY Tech Group's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, WebRAY Tech Group ranks #1262 out of 2634 companies for PB Ratio. This puts WebRAY Tech Group in the upper half of its industry. The industry median PB Ratio is 2.36. WebRAY Tech Group's value of 2.26 is 4.2% below this benchmark. Historically, WebRAY Tech Group's own PB Ratio has ranged from 1.85 to 14.29 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 2.36, WebRAY Tech Group 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 a Software company?
The median PB Ratio among Software companies is 2.36, based on 2,634 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. WebRAY Tech Group's current PB Ratio of 2.26 is 4.2% 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 WebRAY Tech Group and its competitors. For the Software industry, the median PB Ratio is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WebRAY Tech Group's current PB Ratio is 2.26, which is 23% below median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WebRAY Tech Group stock overvalued right now?
Based on GuruFocus' analysis, WebRAY Tech Group (SHSE:688651) is currently considered Possible Value Trap. The stock's GF Value™ is ¥30.24, compared to a current price of ¥20.11 — trading 33.5% below its estimated fair value. The current PB Ratio is 2.26, which is 23% below median its 10-year median of 2.95 and 4.2% below the Software industry median of 2.36. WebRAY Tech Group's overall GF Score™ is 80/100 with 3 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 WebRAY Tech Group (SHSE:688651), the current PB Ratio is 2.26 as of Jul. 23, 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 WebRAY Tech Group (SHSE:688651) Overvalued in 2026?
Based on GuruFocus' analysis, WebRAY Tech Group stock appears to be undervalued.
The current stock price of ¥20.11 is trading 33.5% below its estimated GF Value™ of ¥30.24.
GuruFocus considers WebRAY Tech Group to be Possible Value Trap.
Key valuation signals for SHSE:688651:
PB Ratio: 2.26 (23% below median its 10-year median of 2.95)
GF Value™: ¥30.24 vs. price of ¥20.11 (33.5% below fair value)
Industry Position: 4.2% below the Software median (#1262 of 2634)
No single metric tells the full story. See the SHSE:688651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WebRAY Tech Group Inc is engaged in Research and development, production and sales of network security products. The company is focused on the field of cyberspace security, with the mission of making cyberspace more orderly, providing customers with basic network security, business scene security, and cyberspace map security products and services.
80GF Score
Get the complete analysis for SHSE:688651
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