ASE Technology Holding CoMEX:ASEH N 56 PB Ratio is 7.73 as of Jul. 04, 2026, which is 332% above its 10-year median of 1.79. GuruFocus rates MEX:ASEH N with a GF Score™ of 56/100 and a GF Value™ of MXN173.88 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 999 Semiconductors companies, ASE Technology Holding Co ranks worse than 80.68% on this metric.
ASE Technology Holding Co Ltd stock PB Ratio (=9.1) is close to 10-year high of 9.1.
The historical rank and industry rank for ASE Technology Holding Co's PB Ratio or its related term are showing as below:
MEX:ASEH N'
s PB Ratio Range Over the Past 10 Years
Min: 1.13 Med: 1.79 Max: 9.1
Current: 9.1
During the past 13 years, ASE Technology Holding Co's highest PB Ratio was 9.10. The lowest was 1.13. And the median was 1.79.
MEX:ASEH N's PB Ratio is ranked worse than 80.68% of 999
companies
in the Semiconductors industry
Industry Median: 3.67
vs MEX:ASEH N: 9.10
During the past 12 months, ASE Technology Holding Co's average Book Value Per Share Growth Rate was 11.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ASE Technology Holding Co was 14.20% per year. The lowest was -2.80% per year. And the median was 7.65% per year.
Back to Basics: PB Ratio
ASE Technology Holding Co (MEX:ASEH N) PB Ratio Explanation
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.
ASE Technology Holding Co PB Ratio Related Terms
ASE Technology Holding Co PB 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 Semiconductors subindustry, ASE Technology Holding Co'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.
ASE Technology Holding Co PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ASE Technology Holding Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where ASE Technology Holding Co'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.
* 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.
ASE Technology Holding Co (MEX:ASEH N) has a PB Ratio of 7.73 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ASE Technology Holding Co and its competitors. This is 332% above median its historical median of 1.79. Over the past decade, ASE Technology Holding Co's PB Ratio has ranged from 1.13 to 9.10. According to the industry distribution chart, ASE Technology Holding Co ranks #806 out of 999 companies in the Semiconductors industry, placing it in the top 80.7%.
Is ASE Technology Holding Co's PB Ratio too high?
ASE Technology Holding Co's current PB Ratio of 7.73 is 332% above median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 9.10. The Semiconductors industry median PB Ratio is 3.67. ASE Technology Holding Co's value of 7.73 is 110.6% above this industry median. Based on the distribution chart, ASE Technology Holding Co ranks #806 out of 999 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, ASE Technology Holding Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASE Technology Holding Co's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ASE Technology Holding Co ranks #806 out of 999 companies for PB Ratio. This places ASE Technology Holding Co in the lower half of its industry. The industry median PB Ratio is 3.67. ASE Technology Holding Co's value of 7.73 is 110.6% above this benchmark. Historically, ASE Technology Holding Co's own PB Ratio has ranged from 1.13 to 9.10 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 3.67, ASE Technology Holding Co 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.67, based on 999 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. ASE Technology Holding Co's current PB Ratio of 7.73 is 110.6% 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 ASE Technology Holding Co and its competitors. For the Semiconductors industry, the median PB Ratio is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASE Technology Holding Co's current PB Ratio is 7.73, which is 332% above median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASE Technology Holding Co stock overvalued right now?
Based on GuruFocus' analysis, ASE Technology Holding Co (MEX:ASEH N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN173.88, compared to a current price of MXN699.00 — trading 302% above its estimated fair value. The current PB Ratio is 7.73, which is 332% above median its 10-year median of 1.79 and 110.6% above the Semiconductors industry median of 3.67. ASE Technology Holding Co's overall GF Score™ is 56/100 with 10 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 ASE Technology Holding Co (MEX:ASEH N), the current PB Ratio is 7.73 as of Jul. 04, 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 ASE Technology Holding Co (MEX:ASEH N) Overvalued in 2026?
Based on GuruFocus' analysis, ASE Technology Holding Co stock appears to be overvalued.
The current stock price of MXN699.00 is trading 302% above its estimated GF Value™ of MXN173.88.
GuruFocus considers ASE Technology Holding Co to be Significantly Overvalued.
Key valuation signals for MEX:ASEH N:
PB Ratio: 7.73 (332% above median its 10-year median of 1.79)
GF Value™: MXN173.88 vs. price of MXN699.00 (302% above fair value)
Industry Position: 110.6% above the Semiconductors median (#806 of 999)
No single metric tells the full story. See the MEX:ASEH N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, Electronic Manufacturing Services and others. Of these, Packaging segment contribute the maximum revenue. The packaging segment involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufactures, and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but generates over half its sales from firms in the United States.
56GF Score
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