Lingsen Precision Industries (TPE:2369) PB Ratio: 3.11 (As of Jul. 17, 2026) — 211% Above Median

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TPE:2369 Lingsen Precision Industries Ltd TPE:2369
59 GF Score
Price NT$39.85
GF Value NT$19.03
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Lingsen Precision Industries PB Ratio?

Lingsen Precision Industries TPE:2369 -2.57% 59 PB Ratio is 3.11 as of Jul. 17, 2026, which is 211% above its 10-year median of 1.00. GuruFocus rates TPE:2369 with a GF Score™ of 59/100 and a GF Value™ of NT$19.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 998 Semiconductors companies, Lingsen Precision Industries ranks better than 53.01% 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 (2026-07-17), Lingsen Precision Industries's share price is NT$39.85. Lingsen Precision Industries's Book Value per Share for the quarter that ended in Dec. 2025 was NT$12.82. Hence, Lingsen Precision Industries's PB Ratio of today is 3.11.

Warning Sign:

Lingsen Precision Industries Ltd stock PB Ratio (=3.31) is close to 10-year high of 3.31.

The historical rank and industry rank for Lingsen Precision Industries's PB Ratio or its related term are showing as below:

TPE:2369' s PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1   Max: 3.31
Current: 3.1

During the past 13 years, Lingsen Precision Industries's highest PB Ratio was 3.31. The lowest was 0.53. And the median was 1.00.

TPE:2369's PB Ratio is ranked better than
53.01% of 998 companies
in the Semiconductors industry
Industry Median: 3.295 vs TPE:2369: 3.10

During the past 12 months, Lingsen Precision Industries's average Book Value Per Share Growth Rate was -9.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lingsen Precision Industries was 3.70% per year. The lowest was -6.70% per year. And the median was -0.40% per year.

Back to Basics: PB Ratio


Lingsen Precision Industries  (TPE:2369) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Lingsen Precision Industries PB Ratio Related Terms


Lingsen Precision Industries PB Ratio Historical Data

* Premium members only.

The historical data trend for Lingsen Precision Industries'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.

Lingsen Precision Industries PB Ratio Chart

Lingsen Precision Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 0.85 1.57 1.26 1.77

Lingsen Precision Industries Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 1.05 1.15 1.49 1.77

TPE:2369 vs AMAT, LRCX, KLAC: PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Lingsen Precision Industries'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.


Lingsen Precision Industries PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Lingsen Precision Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lingsen Precision Industries's PB Ratio falls into.


TPE:2369
59GF Score
Lingsen Precision Industries Ltd TPE:2369
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lingsen Precision Industries 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.

Lingsen Precision Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=39.85/12.822
=3.11

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 3.11 mean?
Lingsen Precision Industries (TPE:2369) has a PB Ratio of 3.11 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lingsen Precision Industries and its competitors. This is 211% above median its historical median of 1.00. Over the past decade, Lingsen Precision Industries' PB Ratio has ranged from 0.53 to 3.31. According to the industry distribution chart, Lingsen Precision Industries ranks #469 out of 998 companies in the Semiconductors industry, placing it in the top 47%.
Is Lingsen Precision Industries' PB Ratio too high?
Lingsen Precision Industries' current PB Ratio of 3.11 is 211% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 3.31. The Semiconductors industry median PB Ratio is 3.30. Lingsen Precision Industries' value of 3.11 is 5.6% below this industry median. Based on the distribution chart, Lingsen Precision Industries ranks #469 out of 998 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Lingsen Precision Industries has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lingsen Precision Industries' PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Lingsen Precision Industries ranks #469 out of 998 companies for PB Ratio. This puts Lingsen Precision Industries in the upper half of its industry. The industry median PB Ratio is 3.30. Lingsen Precision Industries' value of 3.11 is 5.6% below this benchmark. Historically, Lingsen Precision Industries' own PB Ratio has ranged from 0.53 to 3.31 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 3.30, Lingsen Precision Industries 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.30, 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. Lingsen Precision Industries's current PB Ratio of 3.11 is 5.6% 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 Lingsen Precision Industries and its competitors. For the Semiconductors industry, the median PB Ratio is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lingsen Precision Industries's current PB Ratio is 3.11, which is 211% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lingsen Precision Industries stock overvalued right now?
Based on GuruFocus' analysis, Lingsen Precision Industries (TPE:2369) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.03, compared to a current price of NT$39.85 — trading 109.4% above its estimated fair value. The current PB Ratio is 3.11, which is 211% above median its 10-year median of 1.00 and 5.6% below the Semiconductors industry median of 3.30. Lingsen Precision Industries' overall GF Score™ is 59/100 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 Lingsen Precision Industries (TPE:2369), the current PB Ratio is 3.11 as of Jul. 17, 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 Lingsen Precision Industries (TPE:2369) Overvalued in 2026?

Based on GuruFocus' analysis, Lingsen Precision Industries stock appears to be overvalued. The current stock price of NT$39.85 is trading 109.4% above its estimated GF Value™ of NT$19.03. GuruFocus considers Lingsen Precision Industries to be Significantly Overvalued.

Key valuation signals for TPE:2369:

  • PB Ratio: 3.11 (211% above median its 10-year median of 1.00)
  • GF Value™: NT$19.03 vs. price of NT$39.85 (109.4% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 5.6% below the Semiconductors median (#469 of 998)

No single metric tells the full story. See the TPE:2369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lingsen Precision Industries Business Description

Address No. 5-1, Nan\'er Road, Tanzi District, Taichung, TWN, 427058
Lingsen Precision Industries Ltd operates in the semiconductor industry. The company is engaged in the packaging, processing, testing, and distribution of integrated circuits and various semiconductor components. The main business is IC packaging and testing as well as optoelectronic devices.
59GF Score

Get the complete analysis for TPE:2369

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$39.85
Price
NT$19.03
GF Value