Hangzhou First Applied Material603806.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, Hangzhou First Applied Material (603806.SH) trades at a P/E of 30.30x, P/B of 2.08x, P/S of 2.42x, and a dividend yield of 1.15%.
Longitudinal percentile comparison: P/E sits at the 50th percentile over the trailing 10Y window (vs. 48th percentile over 3Y); P/B sits at the 3rd percentile over the trailing 10Y window (vs. 8th percentile over 3Y); P/S sits at the 20th percentile over the trailing 10Y window (vs. 62nd percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 40th percentile within its industry and the 42nd percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 1.15%, ranking at the 53rd percentile over the trailing 20Y window.
The P/E and P/B percentiles diverge here, differing by 47.9 points — relying on either metric alone could be misleading. 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. Hangzhou First Applied Material operates in the Power Equipment and New Energy sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: SHA: 603806 · SSE: 603806 · 603806
Want the full picture on whether Hangzhou First Applied Material (603806.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) | 30.30 | ||||||
| P/B (MRQ) | 2.08 | ||||||
| P/S (TTM) | 2.42 | ||||||
| Dividend Yield | 1.15% | ||||||
| Buyback + Div Yield | 1.15% |