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CETC Lantian Technology CoSHSE:688818 +4.40%18 PB Ratio is 13.73 as of Aug. 02, 2026, which is 42% below its 10-year median of 23.61. GuruFocus rates SHSE:688818 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 2,418 Hardware companies, CETC Lantian Technology Co ranks worse than 94.95% on this metric.
CETC Lantian Technology Co Ltd stock PB Ratio (=14.5) is close to 1-year low of 14.5.
The historical rank and industry rank for CETC Lantian Technology Co's PB Ratio or its related term are showing as below:
SHSE:688818'
s PB Ratio Range Over the Past 10 Years
Min: 13.15 Med: 23.61 Max: 28.48
Current: 13.75
During the past 4 years, CETC Lantian Technology Co's highest PB Ratio was 28.48. The lowest was 13.15. And the median was 23.61.
SHSE:688818's PB Ratio is ranked worse than 94.95% of 2418
companies
in the Hardware industry
Industry Median: 2.11
vs SHSE:688818: 13.75
During the past 3 years, the average Book Value Per Share Growth Rate was 6.30% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of CETC Lantian Technology Co was 6.30% per year. The lowest was 6.30% per year. And the median was 6.30% per year.
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.
CETC Lantian Technology Co PB Ratio Related Terms
CETC Lantian Technology 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.
For the Electronic Components subindustry, CETC Lantian Technology 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.
CETC Lantian Technology Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, CETC Lantian Technology Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where CETC Lantian Technology Co'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.
CETC Lantian Technology Co (SHSE:688818) has a PB Ratio of 13.73 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CETC Lantian Technology Co and its competitors. This is 42% below median its historical median of 23.61. Over the past decade, CETC Lantian Technology Co's PB Ratio has ranged from 13.15 to 28.48. According to the industry distribution chart, CETC Lantian Technology Co ranks #2296 out of 2418 companies in the Hardware industry, placing it in the top 95%.
Is CETC Lantian Technology Co's PB Ratio too high?
CETC Lantian Technology Co's current PB Ratio of 13.73 is 42% below median its 10-year median of 23.61. Over the past 10 years, this metric has ranged from a low of 13.15 to a high of 28.48. The Hardware industry median PB Ratio is 2.11. CETC Lantian Technology Co's value of 13.73 is 550.7% above this industry median. Based on the distribution chart, CETC Lantian Technology Co ranks #2296 out of 2418 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, CETC Lantian Technology Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does CETC Lantian Technology Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, CETC Lantian Technology Co ranks #2296 out of 2418 companies for PB Ratio. This places CETC Lantian Technology Co in the lower half of its industry. The industry median PB Ratio is 2.11. CETC Lantian Technology Co's value of 13.73 is 550.7% above this benchmark. Historically, CETC Lantian Technology Co's own PB Ratio has ranged from 13.15 to 28.48 over the past decade. While the company's 10-year median is 23.61 vs. the industry median of 2.11, CETC Lantian Technology 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 2.11, based on 2,418 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. CETC Lantian Technology Co's current PB Ratio of 13.73 is 550.7% 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 CETC Lantian Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CETC Lantian Technology Co's current PB Ratio is 13.73, which is 42% below median its own 10-year median of 23.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CETC Lantian Technology Co stock overvalued right now?
CETC Lantian Technology Co (SHSE:688818) has a current PB Ratio of 13.73. The current PB Ratio is 13.73, which is 42% below median its 10-year median of 23.61 and 550.7% above the Hardware industry median of 2.11. CETC Lantian Technology Co's overall GF Score™ is 18/100 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 CETC Lantian Technology Co (SHSE:688818), the current PB Ratio is 13.73 as of Aug. 02, 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.
CETC Lantian Technology Co Ltd is mainly engaged in the research and development, production, sales, and services of electrical energy materials, products, and systems. Its business areas include physical power supplies, chemical power supplies, power supply systems, and other upstream and downstream products in the power supply chain.
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