Goodwe Technologies688390.SHValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Deeply Undervalued” zone.
As of Oct 19, 2026, Goodwe Technologies (688390.SH) trades at a P/E of 27.30x, P/B of 3.91x, P/S of 0.96x, and a dividend yield of 0.00%.
Longitudinal percentile comparison: P/E sits at the 15th percentile over the trailing 10Y window (vs. 22nd percentile over 3Y); P/B sits at the 10th percentile over the trailing 10Y window (vs. 20th percentile over 3Y); P/S sits at the 1st percentile over the trailing 10Y window (vs. 1st percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 33rd percentile within its industry and the 38th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 1.25%, ranking at the 100th percentile over the trailing 20Y window.
Cross-checking P/E against P/B, the two percentiles sit within 4.4 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 lean heavily on buybacks rather than cash dividends. Goodwe Technologies operates in the Power Equipment and New Energy sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: SHA: 688390 · SSE: 688390 · 688390
Want the full picture on whether Goodwe Technologies (688390.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) | 27.30 | ||||||
| P/B (MRQ) | 3.91 | ||||||
| P/S (TTM) | 0.96 | ||||||
| Dividend Yield | 0.00% | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback + Div Yield | 1.25% |