Bright Led ElectronicsTPE:3031 64 Current Ratio is 4.50 as of Dec. 2025, which is 13% above its 10-year median of 3.99. GuruFocus rates TPE:3031 with a GF Score™ of 64/100 and a GF Value™ of NT$18.77 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,499 Hardware companies, Bright Led Electronics ranks better than 84.07% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Bright Led Electronics's current ratio for the quarter that ended in Dec. 2025 was 4.50.
Bright Led Electronics has a current ratio of 4.50. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Bright Led Electronics's Current Ratio or its related term are showing as below:
TPE:3031'
s Current Ratio Range Over the Past 10 Years
Min: 3.19 Med: 3.99 Max: 4.73
Current: 4.5
During the past 13 years, Bright Led Electronics's highest Current Ratio was 4.73. The lowest was 3.19. And the median was 3.99.
TPE:3031's Current Ratio is ranked better than 84.07% of 2499
companies
in the Hardware industry
Industry Median: 1.97
vs TPE:3031: 4.50
Bright Led Electronics (TPE:3031) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Bright Led Electronics Current Ratio Related Terms
Bright Led Electronics Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electronic Components subindustry, Bright Led Electronics's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bright Led Electronics Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Bright Led Electronics's Current Ratio distribution charts can be found below:
* The bar in red indicates where Bright Led Electronics's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bright Led Electronics (TPE:3031) has a Current Ratio of 4.50 as of Dec. 2025. This is 13% above median its historical median of 3.99. Over the past decade, Bright Led Electronics' Current Ratio has ranged from 3.19 to 4.73. According to the industry distribution chart, Bright Led Electronics ranks #398 out of 2499 companies in the Hardware industry, placing it in the top 15.9%.
Is Bright Led Electronics' Current Ratio too high?
Bright Led Electronics' current Current Ratio of 4.50 is 13% above median its 10-year median of 3.99. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 4.73. The Hardware industry median Current Ratio is 1.97. Bright Led Electronics' value of 4.50 is 128.4% above this industry median. Based on the distribution chart, Bright Led Electronics ranks #398 out of 2499 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Bright Led Electronics has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Led Electronics' Current Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Bright Led Electronics ranks #398 out of 2499 companies for Current Ratio. This places Bright Led Electronics in the top 16% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.97. Bright Led Electronics' value of 4.50 is 128.4% above this benchmark. Historically, Bright Led Electronics' own Current Ratio has ranged from 3.19 to 4.73 over the past decade. While the company's 10-year median is 3.99 vs. the industry median of 1.97, Bright Led Electronics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Hardware company?
The median Current Ratio among Hardware companies is 1.97, based on 2,499 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bright Led Electronics's current Current Ratio of 4.50 is 128.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median Current Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Led Electronics's current Current Ratio is 4.50, which is 13% above median its own 10-year median of 3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Led Electronics stock overvalued right now?
Based on GuruFocus' analysis, Bright Led Electronics (TPE:3031) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.77, compared to a current price of NT$30.85 — trading 64.4% above its estimated fair value. The current Current Ratio is 4.50, which is 13% above median its 10-year median of 3.99 and 128.4% above the Hardware industry median of 1.97. Bright Led Electronics' overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Bright Led Electronics (TPE:3031), the current Current Ratio is 4.50 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bright Led Electronics (TPE:3031) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Led Electronics stock appears to be overvalued.
The current stock price of NT$30.85 is trading 64.4% above its estimated GF Value™ of NT$18.77.
GuruFocus considers Bright Led Electronics to be Significantly Overvalued.
Key valuation signals for TPE:3031:
Current Ratio: 4.50 (13% above median its 10-year median of 3.99)
GF Value™: NT$18.77 vs. price of NT$30.85 (64.4% above fair value)
Industry Position: 128.4% above the Hardware median (#398 of 2499)
No single metric tells the full story. See the TPE:3031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bright Led Electronics Corp is engaged in the engaged in the manufacturing and sales of light-emitting diode, indicator lights, displays and other extended products and undertaking engineering projects that provide indicator lights, displays and related supporting engineering projects. The company operates in four principal geographical areas - the United States, China, Taiwan, Korea and others, where majority revenue is from the Chinese segment.
64GF Score
Get the complete analysis for TPE:3031
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