Ningbo Water Meter(Group)Co.603700.SHValuation Analysis

As of Oct 19, 2026, Ningbo Water Meter(Group)Co. (603700.SH) trades at a P/E of 33.60x, P/B of 1.42x, P/S of 1.34x, and a dividend yield of 2.62%.
Longitudinal percentile comparison: P/E sits at the 88th percentile over the trailing 10Y window (vs. 76th percentile over 3Y); P/B sits at the 17th percentile over the trailing 10Y window (vs. 43rd percentile over 3Y); P/S sits at the 4th percentile over the trailing 10Y window (vs. 9th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 38th percentile within its industry and the 46th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 3.21%, ranking at the 74th percentile over the trailing 20Y window.
Notably, P/E and P/B aren't telling quite the same story, 71.1 points apart — worth checking the full percentile matrix on this page for the complete picture. Its P/E percentile is roughly the same whether measured against the industry or the broader market. Of the 3.21% total shareholder yield, 2.62% is paid out as dividends and roughly 0.59% is implied to come from buybacks — both channels are meaningfully in play. Ningbo Water Meter(Group)Co. operates in the Machine sector. Data refreshes weekly and is for reference only, not investment advice.