Nari Technology600406.SHValuation 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, Nari Technology (600406.SH) trades at a P/E of 21.70x, P/B of 3.51x, P/S of 3.29x, and a dividend yield of 2.72%.
Longitudinal percentile comparison: P/E sits at the 20th percentile over the trailing 10Y window (vs. 9th percentile over 3Y); P/B sits at the 27th percentile over the trailing 10Y window (vs. 16th percentile over 3Y); P/S sits at the 15th percentile over the trailing 10Y window (vs. 21st percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 24th percentile within its industry and the 28th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 2.97%, ranking at the 99th percentile over the trailing 20Y window.
Cross-checking P/E against P/B, the two percentiles sit within 7.3 points of each other — a consistent signal from both angles. Its P/E percentile is roughly the same whether measured against the industry or the broader market. Of the 2.97% total shareholder yield, 2.72% is paid out as dividends and roughly 0.25% is implied to come from buybacks — both channels are meaningfully in play. Nari Technology operates in the Power Equipment and New Energy sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: SHA: 600406 · SSE: 600406 · 600406
Want the full picture on whether Nari Technology (600406.SH) 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) | 21.70 | ||||||
| P/B (MRQ) | 3.51 | ||||||
| P/S (TTM) | 3.29 | ||||||
| Dividend Yield | 2.72% | ||||||
| Buyback + Div Yield | 2.97% |