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NetlistSTU:XAB -1.12%54 PB Ratio is 18.28 as of Jul. 16, 2026, which is 26% below its 10-year median of 24.87. GuruFocus rates STU:XAB with a GF Score™ of 54/100 and a GF Value™ of €0.46. The stock has 6 warning signs investors should review. Among 2,419 Hardware companies, Netlist ranks worse than 99.63% 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 (2026-07-16), Netlist's share price is €0.53. Netlist's Book Value per Share for the quarter that ended in Mar. 2026 was €0.03. Hence, Netlist's PB Ratio of today is 18.28.
The historical rank and industry rank for Netlist's PB Ratio or its related term are showing as below:
STU:XAB'
s PB Ratio Range Over the Past 10 Years
Min: 6.89 Med: 24.87 Max: 92.83
Current: 80.3
During the past 13 years, Netlist's highest PB Ratio was 92.83. The lowest was 6.89. And the median was 24.87.
STU:XAB's PB Ratio is ranked worse than 99.63% of 2419
companies
in the Hardware industry
Industry Median: 2.31
vs STU:XAB: 80.30
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Netlist was 225.90% per year. The lowest was -75.90% per year. And the median was -20.80% 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.
Netlist PB Ratio Related Terms
Netlist PB Ratio Historical Data
* Premium members only.
The historical data trend for Netlist'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 Electronics & Computer Distribution subindustry, Netlist'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.
Netlist PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Netlist's PB Ratio distribution charts can be found below:
* The bar in red indicates where Netlist'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.
Netlist'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.
Netlist (STU:XAB) has a PB Ratio of 18.28 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Netlist and its competitors. This is 26% below median its historical median of 24.87. Over the past decade, Netlist's PB Ratio has ranged from 6.89 to 92.83. According to the industry distribution chart, Netlist ranks #2410 out of 2419 companies in the Hardware industry, placing it in the top 99.6%.
Is Netlist's PB Ratio too high?
Netlist's current PB Ratio of 18.28 is 26% below median its 10-year median of 24.87. Over the past 10 years, this metric has ranged from a low of 6.89 to a high of 92.83. The Hardware industry median PB Ratio is 2.31. Netlist's value of 18.28 is 691.3% above this industry median. Based on the distribution chart, Netlist ranks #2410 out of 2419 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Netlist has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Netlist's PB Ratio compare to SCSC and CLMB?
According to the Hardware industry distribution chart, Netlist ranks #2410 out of 2419 companies for PB Ratio. This places Netlist in the lower half of its industry. The industry median PB Ratio is 2.31. Netlist's value of 18.28 is 691.3% above this benchmark. Historically, Netlist's own PB Ratio has ranged from 6.89 to 92.83 over the past decade. While the company's 10-year median is 24.87 vs. the industry median of 2.31, Netlist 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 2,419 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. Netlist's current PB Ratio of 18.28 is 691.3% 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 Netlist 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. Netlist's current PB Ratio is 18.28, which is 26% below median its own 10-year median of 24.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netlist stock overvalued right now?
Netlist (STU:XAB) has a current PB Ratio of 18.28. The stock's GF Value™ is €0.46, compared to a current price of €0.53 — trading 15.2% above its estimated fair value. The current PB Ratio is 18.28, which is 26% below median its 10-year median of 24.87 and 691.3% above the Hardware industry median of 2.31. Netlist's overall GF Score™ is 54/100 with 6 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 Netlist (STU:XAB), the current PB Ratio is 18.28 as of Jul. 16, 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 Netlist (STU:XAB) Overvalued in 2026?
Based on GuruFocus' analysis, Netlist stock appears to be overvalued.
The current stock price of €0.53 is trading 15.2% above its estimated GF Value™ of €0.46.
Key valuation signals for STU:XAB:
PB Ratio: 18.28 (26% below median its 10-year median of 24.87)
GF Value™: €0.46 vs. price of €0.53 (15.2% above fair value)
Industry Position: 691.3% above the Hardware median (#2410 of 2419)
No single metric tells the full story. See the STU:XAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netlist Inc is involved in the business of designing and manufacturing modular memory subsystems and also cloud service providers. Its products include Storage class memory, nonvolatile memory, enterprise SSD and embedded flash. The company's products are based on its proprietary technologies such as Presight technology, Distributed buffer architecture, IC design, PCB designs, Thermal management designs. Company has consistently driven innovation in the field of cutting-edge enterprise memory and storage, empowering businesses and industries to thrive in the digital age.
54GF Score
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