Focused Photonics(Hangzhou)300203.SZValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 19, 2026, Focused Photonics(Hangzhou) (300203.SZ) trades at a negative P/E (-19.57x, due to a recent net loss), P/B of 2.04x, P/S of 2.11x, and a dividend yield of 0.00%.
Longitudinal percentile comparison: P/E historical percentile is still accumulating data over the trailing long-term window (vs. the short-term percentile still accumulating data); P/B sits at the 20th percentile over the trailing 10Y window (vs. 21st percentile over 3Y); P/S sits at the 16th percentile over the trailing 10Y window (vs. 20th percentile over 3Y).
Cross-sectional valuation: its P/B ranks at the 62nd percentile within its industry and the 38th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 2.04%, ranking at the 93rd percentile over the trailing 20Y window.
The P/B percentile sits lower across the market than within its own industry — relatively cheaper next to the market as a whole. Shareholder returns here lean heavily on buybacks rather than cash dividends. Focused Photonics(Hangzhou) operates in the Electricity and Public Utilities sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: SHE: 300203 · SZSE: 300203 · 300203
Want the full picture on whether Focused Photonics(Hangzhou) (300203.SZ) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | -19.57 | Negative | Negative | Negative | Negative | Negative | Negative |
| P/B (MRQ) | 2.04 | ||||||
| P/S (TTM) | 2.11 | ||||||
| Dividend Yield | 0.00% | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback + Div Yield | 2.04% |