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Bel FuseBELFA -4.14%73 PB Ratio is 6.41 as of Jul. 13, 2026, which is 266% above its 10-year median of 1.75. GuruFocus rates BELFA with a GF Score™ of 73/100 and a GF Value™ of $90.26 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,421 Hardware companies, Bel Fuse ranks worse than 86.08% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-13), Bel Fuse's share price is $221.01. Bel Fuse's Book Value per Share for the quarter that ended in Mar. 2026 was $34.50. Hence, Bel Fuse's PB Ratio of today is 6.41.
The historical rank and industry rank for Bel Fuse's PB Ratio or its related term are showing as below:
BELFA'
s PB Ratio Range Over the Past 10 Years
Min: 0.5 Med: 1.75 Max: 9
Current: 7.58
During the past 13 years, Bel Fuse's highest PB Ratio was 9.00. The lowest was 0.50. And the median was 1.75.
BELFA's PB Ratio is ranked worse than 86.08% of 2421
companies
in the Hardware industry
Industry Median: 2.31
vs BELFA: 7.58
During the past 12 months, Bel Fuse's average Book Value Per Share Growth Rate was 15.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bel Fuse was 52.50% per year. The lowest was -12.80% per year. And the median was 7.00% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Bel Fuse PB Ratio Related Terms
Bel Fuse PB Ratio Historical Data
* Premium members only.
The historical data trend for Bel Fuse's PB Ratio 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.
For the Electronic Components subindustry, Bel Fuse's PB Ratio, along with its competitors' market caps and PB 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.
Bel Fuse PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Bel Fuse's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bel Fuse's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Bel Fuse's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Bel Fuse (BELFA) has a PB Ratio of 6.41 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bel Fuse and its competitors. This is 266% above median its historical median of 1.75. Over the past decade, Bel Fuse's PB Ratio has ranged from 0.50 to 9.00. According to the industry distribution chart, Bel Fuse ranks #2084 out of 2421 companies in the Hardware industry, placing it in the top 86.1%.
Is Bel Fuse's PB Ratio too high?
Bel Fuse's current PB Ratio of 6.41 is 266% above median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 9.00. The Hardware industry median PB Ratio is 2.31. Bel Fuse's value of 6.41 is 177.5% above this industry median. Based on the distribution chart, Bel Fuse ranks #2084 out of 2421 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Bel Fuse has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bel Fuse's PB Ratio compare to OLED and OSIS?
According to the Hardware industry distribution chart, Bel Fuse ranks #2084 out of 2421 companies for PB Ratio. This places Bel Fuse in the lower half of its industry. The industry median PB Ratio is 2.31. Bel Fuse's value of 6.41 is 177.5% above this benchmark. Historically, Bel Fuse's own PB Ratio has ranged from 0.50 to 9.00 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 2.31, Bel Fuse 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 PB Ratio for a Hardware company?
The median PB Ratio among Hardware companies is 2.31, based on 2,421 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bel Fuse's current PB Ratio of 6.41 is 177.5% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bel Fuse and its competitors. For the Hardware industry, the median PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bel Fuse's current PB Ratio is 6.41, which is 266% above median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bel Fuse stock overvalued right now?
Based on GuruFocus' analysis, Bel Fuse (BELFA) is currently considered Significantly Overvalued. The stock's GF Value™ is $90.26, compared to a current price of $221.01 — trading 144.9% above its estimated fair value. The current PB Ratio is 6.41, which is 266% above median its 10-year median of 1.75 and 177.5% above the Hardware industry median of 2.31. Bel Fuse's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Bel Fuse (BELFA), the current PB Ratio is 6.41 as of Jul. 13, 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 Bel Fuse (BELFA) Overvalued in 2026?
Based on GuruFocus' analysis, Bel Fuse stock appears to be overvalued.
The current stock price of $221.01 is trading 144.9% above its estimated GF Value™ of $90.26.
GuruFocus considers Bel Fuse to be Significantly Overvalued.
Key valuation signals for BELFA:
PB Ratio: 6.41 (266% above median its 10-year median of 1.75)
GF Value™: $90.26 vs. price of $221.01 (144.9% above fair value)
Industry Position: 177.5% above the Hardware median (#2084 of 2421)
No single metric tells the full story. See the BELFA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.
73GF Score
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