Shenzhen Qingyi Photomask (SHSE:688138) PEG Ratio: 1.96 (As of Jul. 18, 2026) — 29% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:688138 Shenzhen Qingyi Photomask Ltd SHSE:688138
86 GF Score
Price ¥33.54
GF Value ¥31.40
Valuation Fairly Valued
! 5 Warning Signs
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What is Shenzhen Qingyi Photomask PEG Ratio?

Shenzhen Qingyi Photomask SHSE:688138 -8.73% 86 PEG Ratio is 1.96 as of Jul. 18, 2026, which is 29% below its 10-year median of 2.78. GuruFocus rates SHSE:688138 with a GF Score™ of 86/100 and a GF Value™ of ¥31.40 (Fairly Valued). The stock has 5 warning signs investors should review. Among 856 Hardware companies, Shenzhen Qingyi Photomask ranks better than 53.04% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Shenzhen Qingyi Photomask's PE Ratio without NRI is 48.61. Shenzhen Qingyi Photomask's 5-Year EBITDA growth rate is 24.80%. Therefore, Shenzhen Qingyi Photomask's PEG Ratio for today is 1.96.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Shenzhen Qingyi Photomask's PEG Ratio or its related term are showing as below:

SHSE:688138' s PEG Ratio Range Over the Past 10 Years
Min: 1.08   Med: 2.78   Max: 42.65
Current: 1.96


During the past 13 years, Shenzhen Qingyi Photomask's highest PEG Ratio was 42.65. The lowest was 1.08. And the median was 2.78.


SHSE:688138's PEG Ratio is ranked better than
53.04% of 856 companies
in the Hardware industry
Industry Median: 2.155 vs SHSE:688138: 1.96

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Shenzhen Qingyi Photomask  (SHSE:688138) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Shenzhen Qingyi Photomask PEG Ratio Related Terms


Shenzhen Qingyi Photomask PEG Ratio Historical Data

* Premium members only.

The historical data trend for Shenzhen Qingyi Photomask's PEG 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.

Shenzhen Qingyi Photomask PEG Ratio Chart

Shenzhen Qingyi Photomask Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.81 0.00 7.52 2.04 1.49

Shenzhen Qingyi Photomask Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.65 1.51 1.43 1.49 1.08

SHSE:688138 vs APH, GLW: PEG Ratio Comparison

For the Electronic Components subindustry, Shenzhen Qingyi Photomask's PEG Ratio, along with its competitors' market caps and PEG 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.


Shenzhen Qingyi Photomask PEG Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Qingyi Photomask's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Qingyi Photomask's PEG Ratio falls into.


SHSE:688138
86GF Score
Shenzhen Qingyi Photomask Ltd SHSE:688138
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Qingyi Photomask PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Shenzhen Qingyi Photomask's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=48.608695652174/24.80
=1.96

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 1.96 mean?
Shenzhen Qingyi Photomask (SHSE:688138) has a PEG Ratio of 1.96 as of Jul. 18, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Shenzhen Qingyi Photomask and its competitors. This is 29% below median its historical median of 2.78. Over the past decade, Shenzhen Qingyi Photomask's PEG Ratio has ranged from 1.08 to 42.65. According to the industry distribution chart, Shenzhen Qingyi Photomask ranks #402 out of 856 companies in the Hardware industry, placing it in the top 47%.
Is Shenzhen Qingyi Photomask's PEG Ratio too high?
Shenzhen Qingyi Photomask's current PEG Ratio of 1.96 is 29% below median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 42.65. The Hardware industry median PEG Ratio is 2.16. Shenzhen Qingyi Photomask's value of 1.96 is 9% below this industry median. Based on the distribution chart, Shenzhen Qingyi Photomask ranks #402 out of 856 companies in the Hardware industry, which is above the industry midpoint. Overall, Shenzhen Qingyi Photomask has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Qingyi Photomask's PEG Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Shenzhen Qingyi Photomask ranks #402 out of 856 companies for PEG Ratio. This puts Shenzhen Qingyi Photomask in the upper half of its industry. The industry median PEG Ratio is 2.16. Shenzhen Qingyi Photomask's value of 1.96 is 9% below this benchmark. Historically, Shenzhen Qingyi Photomask's own PEG Ratio has ranged from 1.08 to 42.65 over the past decade. While the company's 10-year median is 2.78 vs. the industry median of 2.16, Shenzhen Qingyi Photomask 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 PEG Ratio for a Hardware company?
The median PEG Ratio among Hardware companies is 2.16, based on 856 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shenzhen Qingyi Photomask's current PEG Ratio of 1.96 is 9% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Shenzhen Qingyi Photomask and its competitors. For the Hardware industry, the median PEG Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Qingyi Photomask's current PEG Ratio is 1.96, which is 29% below median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Qingyi Photomask stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask (SHSE:688138) is currently considered Fairly Valued. The stock's GF Value™ is ¥31.40, compared to a current price of ¥33.54 — trading 6.8% above its estimated fair value. The current PEG Ratio is 1.96, which is 29% below median its 10-year median of 2.78 and 9% below the Hardware industry median of 2.16. Shenzhen Qingyi Photomask's overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Shenzhen Qingyi Photomask (SHSE:688138), the current PEG Ratio is 1.96 as of Jul. 18, 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 Shenzhen Qingyi Photomask (SHSE:688138) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Qingyi Photomask stock appears to be overvalued. The current stock price of ¥33.54 is trading 6.8% above its estimated GF Value™ of ¥31.40. GuruFocus considers Shenzhen Qingyi Photomask to be Fairly Valued.

Key valuation signals for SHSE:688138:

  • PEG Ratio: 1.96 (29% below median its 10-year median of 2.78)
  • GF Value™: ¥31.40 vs. price of ¥33.54 (6.8% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 9% below the Hardware median (#402 of 856)

No single metric tells the full story. See the SHSE:688138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Qingyi Photomask Business Description

Address Road Langshang two, North of High-tech Park, Building QingYi Photoelectric, Shenzhen, CHN
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
86GF Score

Get the complete analysis for SHSE:688138

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥33.54
Price
¥31.40
GF Value