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APCBTPE:6108 -0.82%57 Debt-to-Equity is 0.73 as of Jun. 2026, which is 36% below its 10-year median of 1.14. GuruFocus rates TPE:6108 with a GF Score™ of 57/100 and a GF Value™ of NT$15.41 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,229 Hardware companies, APCB ranks worse than 77.66% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for APCB's Debt-to-Equity or its related term are showing as below:
TPE:6108'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 1.14 Max: 1.36
Current: 0.73
During the past 13 years, the highest Debt-to-Equity Ratio of APCB was 1.36. The lowest was 0.59. And the median was 1.14.
TPE:6108's Debt-to-Equity is ranked worse than 77.66% of 2229
companies
in the Hardware industry
Industry Median: 0.28
vs TPE:6108: 0.73
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
APCB Debt-to-Equity Related Terms
APCB Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for APCB's Debt-to-Equity can be seen below:
* 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.
TPE:6108 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, APCB's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
APCB Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, APCB's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where APCB's Debt-to-Equity 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.
APCB (TPE:6108) has a Debt-to-Equity of 0.73 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on APCB and its competitors. This is 36% below median its historical median of 1.14. Over the past decade, APCB's Debt-to-Equity has ranged from 0.59 to 1.36. According to the industry distribution chart, APCB ranks #1731 out of 2229 companies in the Hardware industry, placing it in the top 77.7%.
Is APCB's Debt-to-Equity too high?
APCB's current Debt-to-Equity of 0.73 is 36% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.36. The Hardware industry median Debt-to-Equity is 0.28. APCB's value of 0.73 is 160.7% above this industry median. Based on the distribution chart, APCB ranks #1731 out of 2229 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, APCB has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APCB's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, APCB ranks #1731 out of 2229 companies for Debt-to-Equity. This places APCB in the lower half of its industry. The industry median Debt-to-Equity is 0.28. APCB's value of 0.73 is 160.7% above this benchmark. Historically, APCB's own Debt-to-Equity has ranged from 0.59 to 1.36 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.28, APCB 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 Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,229 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. APCB's current Debt-to-Equity of 0.73 is 160.7% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on APCB and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APCB's current Debt-to-Equity is 0.73, which is 36% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APCB stock overvalued right now?
Based on GuruFocus' analysis, APCB (TPE:6108) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.41, compared to a current price of NT$24.10 — trading 56.4% above its estimated fair value. The current Debt-to-Equity is 0.73, which is 36% below median its 10-year median of 1.14 and 160.7% above the Hardware industry median of 0.28. APCB's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For APCB (TPE:6108), the current Debt-to-Equity is 0.73 as of Jun. 2026. 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 APCB (TPE:6108) Overvalued in 2026?
Based on GuruFocus' analysis, APCB stock appears to be overvalued.
The current stock price of NT$24.10 is trading 56.4% above its estimated GF Value™ of NT$15.41.
GuruFocus considers APCB to be Significantly Overvalued.
Key valuation signals for TPE:6108:
Debt-to-Equity: 0.73 (36% below median its 10-year median of 1.14)
GF Value™: NT$15.41 vs. price of NT$24.10 (56.4% above fair value)
Industry Position: 160.7% above the Hardware median (#1731 of 2229)
No single metric tells the full story. See the TPE:6108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APCB Inc engages in the production and sale of printed circuit boards in Taiwan and internationally. The company products include double-sided printed circuit boards and multi-layer printed circuit boards. It offers NB boards for memory modules, notebook computers, and network cards; TFT/LCDs. The Group consists of three reporting segments: Taiwan, Mainland China, and Thailand, of which majority revenue is derived from China.
57GF Score
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