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Macronix International CoTPE:2337 -8.42%54 PB Ratio is 5.06 as of Jul. 19, 2026, which is 235% above its 10-year median of 1.51. GuruFocus rates TPE:2337 with a GF Score™ of 54/100 and a GF Value™ of NT$51.62 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 998 Semiconductors companies, Macronix International Co ranks worse than 67.33% on this metric.
The historical rank and industry rank for Macronix International Co's PB Ratio or its related term are showing as below:
TPE:2337'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 1.51 Max: 6.85
Current: 5.06
During the past 13 years, Macronix International Co's highest PB Ratio was 6.85. The lowest was 0.77. And the median was 1.51.
TPE:2337's PB Ratio is ranked worse than 67.33% of 998
companies
in the Semiconductors industry
Industry Median: 3.225
vs TPE:2337: 5.06
During the past 12 months, Macronix International Co's average Book Value Per Share Growth Rate was 4.10% 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 2.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Macronix International Co was 20.50% per year. The lowest was -30.00% per year. And the median was 1.40% per year.
Back to Basics: PB Ratio
Macronix International Co (TPE:2337) 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.
Macronix International Co PB Ratio Related Terms
Macronix International 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, Macronix International 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.
Macronix International Co PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Macronix International Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Macronix International 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.
Macronix International Co (TPE:2337) has a PB Ratio of 5.06 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Macronix International Co and its competitors. This is 235% above median its historical median of 1.51. Over the past decade, Macronix International Co's PB Ratio has ranged from 0.77 to 6.85. According to the industry distribution chart, Macronix International Co ranks #672 out of 998 companies in the Semiconductors industry, placing it in the top 67.3%.
Is Macronix International Co's PB Ratio too high?
Macronix International Co's current PB Ratio of 5.06 is 235% above median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 6.85. The Semiconductors industry median PB Ratio is 3.23. Macronix International Co's value of 5.06 is 56.9% above this industry median. Based on the distribution chart, Macronix International Co ranks #672 out of 998 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Macronix International Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macronix International Co's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Macronix International Co ranks #672 out of 998 companies for PB Ratio. This places Macronix International Co in the lower half of its industry. The industry median PB Ratio is 3.23. Macronix International Co's value of 5.06 is 56.9% above this benchmark. Historically, Macronix International Co's own PB Ratio has ranged from 0.77 to 6.85 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 3.23, Macronix International 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 3.23, based on 998 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. Macronix International Co's current PB Ratio of 5.06 is 56.9% 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 Macronix International Co and its competitors. For the Semiconductors industry, the median PB Ratio is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macronix International Co's current PB Ratio is 5.06, which is 235% above median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macronix International Co stock overvalued right now?
Based on GuruFocus' analysis, Macronix International Co (TPE:2337) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$51.62, compared to a current price of NT$125.00 — trading 142.2% above its estimated fair value. The current PB Ratio is 5.06, which is 235% above median its 10-year median of 1.51 and 56.9% above the Semiconductors industry median of 3.23. Macronix International Co's overall GF Score™ is 54/100 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 Macronix International Co (TPE:2337), the current PB Ratio is 5.06 as of Jul. 19, 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 Macronix International Co (TPE:2337) Overvalued in 2026?
Based on GuruFocus' analysis, Macronix International Co stock appears to be overvalued.
The current stock price of NT$125.00 is trading 142.2% above its estimated GF Value™ of NT$51.62.
GuruFocus considers Macronix International Co to be Significantly Overvalued.
Key valuation signals for TPE:2337:
PB Ratio: 5.06 (235% above median its 10-year median of 1.51)
GF Value™: NT$51.62 vs. price of NT$125.00 (142.2% above fair value)
Industry Position: 56.9% above the Semiconductors median (#672 of 998)
No single metric tells the full story. See the TPE:2337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macronix International Co Ltd designs, manufactures, and supplies integrated circuits and memory chips. It specializes in nonvolatile memory devices, including NOR Flash, NAND Flash, and read-only memory products. The Company also performs design, research and development, consultation and trade of relevant products. The company operates as a single reportable segment: the memory products and wafer fabrication segment. The firm operates in four Products: Flash, ROM, Foundry, and Others. The majority of revenue is from Flash Product. The company operates in Taiwan, China, and other countries generating key revenue from Taiwan region.
54GF Score
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