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SHSE:688682's PB Ratio is ranked worse than 77.88% of 2419
companies
in the Hardware industry
Industry Median: 2.31
vs SHSE:688682: 5.18
During the past 12 months, Shanghai Hollywave Electronic System Co'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 -1.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.50% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Hollywave Electronic System Co was 80.90% per year. The lowest was -1.80% per year. And the median was 28.85% per year.
Back to Basics: PB Ratio
Shanghai Hollywave Electronic System Co (SHSE:688682) 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.
Shanghai Hollywave Electronic System Co PB Ratio Related Terms
Shanghai Hollywave Electronic System 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.
Shanghai Hollywave Electronic System Co PB Ratio Chart
Shanghai Hollywave Electronic System Co Annual Data
SHSE:688682 vs CSCO, CIEN, MSI: PB Ratio Comparison
For the Communication Equipment subindustry, Shanghai Hollywave Electronic System 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.
Shanghai Hollywave Electronic System Co PB Ratio vs Hardware Industry
Shanghai Hollywave Electronic System 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.
Shanghai Hollywave Electronic System Co (SHSE:688682) has a PB Ratio of 5.19 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Hollywave Electronic System Co and its competitors. This is 18% below median its historical median of 6.30. Over the past decade, Shanghai Hollywave Electronic System Co's PB Ratio has ranged from 2.77 to 20.67. According to the industry distribution chart, Shanghai Hollywave Electronic System Co ranks #1884 out of 2419 companies in the Hardware industry, placing it in the top 77.9%.
Is Shanghai Hollywave Electronic System Co's PB Ratio too high?
Shanghai Hollywave Electronic System Co's current PB Ratio of 5.19 is 18% below median its 10-year median of 6.30. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 20.67. The Hardware industry median PB Ratio is 2.31. Shanghai Hollywave Electronic System Co's value of 5.19 is 124.7% above this industry median. Based on the distribution chart, Shanghai Hollywave Electronic System Co ranks #1884 out of 2419 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Shanghai Hollywave Electronic System Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Hollywave Electronic System Co's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Shanghai Hollywave Electronic System Co ranks #1884 out of 2419 companies for PB Ratio. This places Shanghai Hollywave Electronic System Co in the lower half of its industry. The industry median PB Ratio is 2.31. Shanghai Hollywave Electronic System Co's value of 5.19 is 124.7% above this benchmark. Historically, Shanghai Hollywave Electronic System Co's own PB Ratio has ranged from 2.77 to 20.67 over the past decade. While the company's 10-year median is 6.30 vs. the industry median of 2.31, Shanghai Hollywave Electronic System 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 2.31, based on 2,419 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. Shanghai Hollywave Electronic System Co's current PB Ratio of 5.19 is 124.7% 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 Shanghai Hollywave Electronic System Co and its competitors. For the Hardware industry, the median PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Hollywave Electronic System Co's current PB Ratio is 5.19, which is 18% below median its own 10-year median of 6.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Hollywave Electronic System Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Hollywave Electronic System Co (SHSE:688682) is currently considered Fairly Valued. The stock's GF Value™ is ¥28.67, compared to a current price of ¥31.47 — trading 9.8% above its estimated fair value. The current PB Ratio is 5.19, which is 18% below median its 10-year median of 6.30 and 124.7% above the Hardware industry median of 2.31. Shanghai Hollywave Electronic System Co's overall GF Score™ is 76/100 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 Shanghai Hollywave Electronic System Co (SHSE:688682), the current PB Ratio is 5.19 as of Jul. 16, 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 Shanghai Hollywave Electronic System Co (SHSE:688682) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Hollywave Electronic System Co stock appears to be overvalued.
The current stock price of ¥31.47 is trading 9.8% above its estimated GF Value™ of ¥28.67.
GuruFocus considers Shanghai Hollywave Electronic System Co to be Fairly Valued.
Key valuation signals for SHSE:688682:
PB Ratio: 5.19 (18% below median its 10-year median of 6.30)
GF Value™: ¥28.67 vs. price of ¥31.47 (9.8% above fair value)
Industry Position: 124.7% above the Hardware median (#1884 of 2419)
No single metric tells the full story. See the SHSE:688682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Hollywave Electronic System Co Business Description
Shanghai Hollywave Electronic System Co Ltd is engaged in providing systems, software and services for testing and simulation in the field of radar and wireless communications.
76GF Score
Get the complete analysis for SHSE:688682
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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