Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
What is Ningbo Jansen Superconducting Technologies Co PB Ratio?
Ningbo Jansen Superconducting Technologies CoSHSE:688805 +4.77%14 PB Ratio is 5.40 as of Jul. 24, 2026, which is 16% below its 10-year median of 6.45. GuruFocus rates SHSE:688805 with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 786 Medical Devices & Instruments companies, Ningbo Jansen Superconducting Technologies Co ranks worse than 82.06% on this metric.
SHSE:688805's PB Ratio is ranked worse than 82.06% of 786
companies
in the Medical Devices & Instruments industry
Industry Median: 2
vs SHSE:688805: 5.41
During the past 3 years, the average Book Value Per Share Growth Rate was 35.50% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Ningbo Jansen Superconducting Technologies Co was 35.50% per year. The lowest was 35.50% per year. And the median was 35.50% per year.
Back to Basics: PB Ratio
Ningbo Jansen Superconducting Technologies Co (SHSE:688805) 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.
Ningbo Jansen Superconducting Technologies Co PB Ratio Related Terms
Ningbo Jansen Superconducting Technologies 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.
Ningbo Jansen Superconducting Technologies Co PB Ratio Chart
Ningbo Jansen Superconducting Technologies Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
PB Ratio
0.00
0.00
0.00
5.78
Ningbo Jansen Superconducting Technologies Co Quarterly Data
* 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.
Ningbo Jansen Superconducting Technologies Co PB Ratio vs Medical Devices & Instruments Industry
Ningbo Jansen Superconducting Technologies 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.
Ningbo Jansen Superconducting Technologies Co (SHSE:688805) has a PB Ratio of 5.40 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ningbo Jansen Superconducting Technologies Co and its competitors. This is 16% below median its historical median of 6.45. Over the past decade, Ningbo Jansen Superconducting Technologies Co's PB Ratio has ranged from 4.68 to 16.90. According to the industry distribution chart, Ningbo Jansen Superconducting Technologies Co ranks #645 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 82.1%.
Is Ningbo Jansen Superconducting Technologies Co's PB Ratio too high?
Ningbo Jansen Superconducting Technologies Co's current PB Ratio of 5.40 is 16% below median its 10-year median of 6.45. Over the past 10 years, this metric has ranged from a low of 4.68 to a high of 16.90. The Medical Devices & Instruments industry median PB Ratio is 2.00. Ningbo Jansen Superconducting Technologies Co's value of 5.40 is 170% above this industry median. Based on the distribution chart, Ningbo Jansen Superconducting Technologies Co ranks #645 out of 786 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Ningbo Jansen Superconducting Technologies Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Ningbo Jansen Superconducting Technologies Co's PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Ningbo Jansen Superconducting Technologies Co ranks #645 out of 786 companies for PB Ratio. This places Ningbo Jansen Superconducting Technologies Co in the lower half of its industry. The industry median PB Ratio is 2.00. Ningbo Jansen Superconducting Technologies Co's value of 5.40 is 170% above this benchmark. Historically, Ningbo Jansen Superconducting Technologies Co's own PB Ratio has ranged from 4.68 to 16.90 over the past decade. While the company's 10-year median is 6.45 vs. the industry median of 2.00, Ningbo Jansen Superconducting Technologies 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.00, based on 786 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. Ningbo Jansen Superconducting Technologies Co's current PB Ratio of 5.40 is 170% 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 Ningbo Jansen Superconducting Technologies Co and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Jansen Superconducting Technologies Co's current PB Ratio is 5.40, which is 16% below median its own 10-year median of 6.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Jansen Superconducting Technologies Co stock overvalued right now?
Ningbo Jansen Superconducting Technologies Co (SHSE:688805) has a current PB Ratio of 5.40. The current PB Ratio is 5.40, which is 16% below median its 10-year median of 6.45 and 170% above the Medical Devices & Instruments industry median of 2.00. Ningbo Jansen Superconducting Technologies Co's overall GF Score™ is 14/100 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 Ningbo Jansen Superconducting Technologies Co (SHSE:688805), the current PB Ratio is 5.40 as of Jul. 24, 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.
Ningbo Jansen Superconducting Technologies Co Business Description
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688805 has been successfully added to your 
