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Espressif Systems (Shanghai) Co Ltd stock PB Ratio (=5.12) is close to 2-year low of 5.12.
The historical rank and industry rank for Espressif Systems (Shanghai) Co's PB Ratio or its related term are showing as below:
SHSE:688018'
s PB Ratio Range Over the Past 10 Years
Min: 3.32 Med: 6.59 Max: 37.68
Current: 5.11
During the past 10 years, Espressif Systems (Shanghai) Co's highest PB Ratio was 37.68. The lowest was 3.32. And the median was 6.59.
SHSE:688018's PB Ratio is ranked worse than 71.97% of 999
companies
in the Semiconductors industry
Industry Median: 2.99
vs SHSE:688018: 5.11
During the past 12 months, Espressif Systems (Shanghai) Co's average Book Value Per Share Growth Rate was 81.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 32.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Espressif Systems (Shanghai) Co was 115.20% per year. The lowest was 4.10% per year. And the median was 32.10% 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.
Espressif Systems (Shanghai) Co PB Ratio Related Terms
Espressif Systems (Shanghai) 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.
SHSE:688018 vs NVDA, AVGO, MU: PB Ratio Comparison
For the Semiconductors subindustry, Espressif Systems (Shanghai) 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.
Espressif Systems (Shanghai) Co PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Espressif Systems (Shanghai) Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Espressif Systems (Shanghai) Co's PB Ratio falls into.
Espressif Systems (Shanghai) Co PB Ratio Calculation
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.
Espressif Systems (Shanghai) Co (SHSE:688018) has a PB Ratio of 5.12 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Espressif Systems (Shanghai) Co and its competitors. This is 22% below median its historical median of 6.59. Over the past decade, Espressif Systems (Shanghai) Co's PB Ratio has ranged from 3.32 to 37.68. According to the industry distribution chart, Espressif Systems (Shanghai) Co ranks #719 out of 999 companies in the Semiconductors industry, placing it in the top 72%.
Is Espressif Systems (Shanghai) Co's PB Ratio too high?
Espressif Systems (Shanghai) Co's current PB Ratio of 5.12 is 22% below median its 10-year median of 6.59. Over the past 10 years, this metric has ranged from a low of 3.32 to a high of 37.68. The Semiconductors industry median PB Ratio is 2.99. Espressif Systems (Shanghai) Co's value of 5.12 is 71.2% above this industry median. Based on the distribution chart, Espressif Systems (Shanghai) Co ranks #719 out of 999 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Espressif Systems (Shanghai) Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Espressif Systems (Shanghai) Co's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Espressif Systems (Shanghai) Co ranks #719 out of 999 companies for PB Ratio. This places Espressif Systems (Shanghai) Co in the lower half of its industry. The industry median PB Ratio is 2.99. Espressif Systems (Shanghai) Co's value of 5.12 is 71.2% above this benchmark. Historically, Espressif Systems (Shanghai) Co's own PB Ratio has ranged from 3.32 to 37.68 over the past decade. While the company's 10-year median is 6.59 vs. the industry median of 2.99, Espressif Systems (Shanghai) 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 2.99, 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. Espressif Systems (Shanghai) Co's current PB Ratio of 5.12 is 71.2% 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 Espressif Systems (Shanghai) Co and its competitors. For the Semiconductors industry, the median PB Ratio is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Espressif Systems (Shanghai) Co's current PB Ratio is 5.12, which is 22% below median its own 10-year median of 6.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Espressif Systems (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Espressif Systems (Shanghai) Co (SHSE:688018) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥116.42, compared to a current price of ¥102.69 — trading 11.8% below its estimated fair value. The current PB Ratio is 5.12, which is 22% below median its 10-year median of 6.59 and 71.2% above the Semiconductors industry median of 2.99. Espressif Systems (Shanghai) Co's overall GF Score™ is 98/100 with 4 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 Espressif Systems (Shanghai) Co (SHSE:688018), the current PB Ratio is 5.12 as of Aug. 02, 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 Espressif Systems (Shanghai) Co (SHSE:688018) Overvalued in 2026?
Based on GuruFocus' analysis, Espressif Systems (Shanghai) Co stock appears to be undervalued.
The current stock price of ¥102.69 is trading 11.8% below its estimated GF Value™ of ¥116.42.
GuruFocus considers Espressif Systems (Shanghai) Co to be Modestly Undervalued.
Key valuation signals for SHSE:688018:
PB Ratio: 5.12 (22% below median its 10-year median of 6.59)
GF Value™: ¥116.42 vs. price of ¥102.69 (11.8% below fair value)
Industry Position: 71.2% above the Semiconductors median (#719 of 999)
No single metric tells the full story. See the SHSE:688018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Espressif Systems (Shanghai) Co Ltd is primarily engaged in development, design and sales of Wi-Fi MCU communication chips and their modules from the internet of things.
98GF Score
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