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CMC MagneticsTPE:2323 -6.39%63 PB Ratio is 0.58 as of Jul. 20, 2026, which is at its 10-year median of 0.58. GuruFocus rates TPE:2323 with a GF Score™ of 63/100 and a GF Value™ of NT$10.83 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,419 Hardware companies, CMC Magnetics ranks better than 90.16% 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 (2026-07-20), CMC Magnetics's share price is NT$10.25. CMC Magnetics's Book Value per Share for the quarter that ended in Dec. 2025 was NT$17.67. Hence, CMC Magnetics's PB Ratio of today is 0.58.
The historical rank and industry rank for CMC Magnetics's PB Ratio or its related term are showing as below:
TPE:2323'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.58 Max: 1.22
Current: 0.58
During the past 13 years, CMC Magnetics's highest PB Ratio was 1.22. The lowest was 0.29. And the median was 0.58.
TPE:2323's PB Ratio is ranked better than 90.16% of 2419
companies
in the Hardware industry
Industry Median: 2.18
vs TPE:2323: 0.58
During the past 12 months, CMC Magnetics's average Book Value Per Share Growth Rate was 8.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CMC Magnetics was 3.00% per year. The lowest was -10.90% per year. And the median was -4.10% 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.
CMC Magnetics PB Ratio Related Terms
CMC Magnetics PB Ratio Historical Data
* Premium members only.
The historical data trend for CMC Magnetics'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 Computer Hardware subindustry, CMC Magnetics'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.
CMC Magnetics PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, CMC Magnetics's PB Ratio distribution charts can be found below:
* The bar in red indicates where CMC Magnetics'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.
CMC Magnetics'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.
CMC Magnetics (TPE:2323) has a PB Ratio of 0.58 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CMC Magnetics and its competitors. This is near median its historical median of 0.58. Over the past decade, CMC Magnetics' PB Ratio has ranged from 0.29 to 1.22. According to the industry distribution chart, CMC Magnetics ranks #238 out of 2419 companies in the Hardware industry, placing it in the top 9.8%.
Is CMC Magnetics' PB Ratio too high?
CMC Magnetics' current PB Ratio of 0.58 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.22. The Hardware industry median PB Ratio is 2.18. CMC Magnetics' value of 0.58 is 73.4% below this industry median. Based on the distribution chart, CMC Magnetics ranks #238 out of 2419 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, CMC Magnetics has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMC Magnetics' PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, CMC Magnetics ranks #238 out of 2419 companies for PB Ratio. This places CMC Magnetics in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.18. CMC Magnetics' value of 0.58 is 73.4% below this benchmark. Historically, CMC Magnetics' own PB Ratio has ranged from 0.29 to 1.22 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 2.18, CMC Magnetics has consistently been below 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 2.18, 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. CMC Magnetics's current PB Ratio of 0.58 is 73.4% below 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 CMC Magnetics and its competitors. For the Hardware industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC Magnetics's current PB Ratio is 0.58, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC Magnetics stock overvalued right now?
Based on GuruFocus' analysis, CMC Magnetics (TPE:2323) is currently considered Fairly Valued. The stock's GF Value™ is NT$10.83, compared to a current price of NT$10.25 — trading 5.4% below its estimated fair value. The current PB Ratio is 0.58, which is near median its 10-year median of 0.58 and 73.4% below the Hardware industry median of 2.18. CMC Magnetics' overall GF Score™ is 63/100 with 5 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 CMC Magnetics (TPE:2323), the current PB Ratio is 0.58 as of Jul. 20, 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 CMC Magnetics (TPE:2323) Overvalued in 2026?
Based on GuruFocus' analysis, CMC Magnetics stock appears to be undervalued.
The current stock price of NT$10.25 is trading 5.4% below its estimated GF Value™ of NT$10.83.
GuruFocus considers CMC Magnetics to be Fairly Valued.
Key valuation signals for TPE:2323:
PB Ratio: 0.58 (near median its 10-year median of 0.58)
GF Value™: NT$10.83 vs. price of NT$10.25 (5.4% below fair value)
Industry Position: 73.4% below the Hardware median (#238 of 2419)
No single metric tells the full story. See the TPE:2323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMC Magnetics Corp is mainly engaged in the manufacturing and sale of consumer electronic products, including optical discs, as well as the acquisition of film agency rights and the production and distribution of digital discs and Blu-ray discs for sales. Its products include M-disc, CMC Pro, HP CD, and data storage products. Its segments are: the Storage Media segment, which generates the maximum revenue and is engaged in the manufacturing and sale of consumer electronic products, including optical discs; the Other Optoelectronic segment, which manufactures and sells panels; the Investment segment, which invests in various businesses; and the Other Segment. Europe generates the maximum revenue for the Group.
63GF Score
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