First Tractor Company601038.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, First Tractor Company (601038.SH) trades at a P/E of 17.10x, P/B of 1.72x, P/S of 0.90x, and a dividend yield of 2.52%.
Longitudinal percentile comparison: P/E sits at the 18th percentile over the trailing 10Y window (vs. 39th percentile over 3Y); P/B sits at the 25th percentile over the trailing 10Y window (vs. 6th percentile over 3Y); P/S sits at the 31st percentile over the trailing 10Y window (vs. 23rd percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 12th percentile within its industry and the 18th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 2.52%, ranking at the 85th percentile over the trailing 20Y window.
Cross-checking P/E against P/B, the two percentiles sit within 6.6 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. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. First Tractor Company operates in the Machine sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: SHA: 601038 · SSE: 601038 · 601038
Want the full picture on whether First Tractor Company (601038.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) | 17.10 | ||||||
| P/B (MRQ) | 1.72 | ||||||
| P/S (TTM) | 0.90 | ||||||
| Dividend Yield | 2.52% | ||||||
| Buyback + Div Yield | 2.52% |