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The historical rank and industry rank for Micro-Star International Co's PB Ratio or its related term are showing as below:
TPE:2377'
s PB Ratio Range Over the Past 10 Years
Min: 1.37 Med: 2.6 Max: 4.11
Current: 2.22
During the past 13 years, Micro-Star International Co's highest PB Ratio was 4.11. The lowest was 1.37. And the median was 2.60.
TPE:2377's PB Ratio is ranked worse than 50.43% of 2419
companies
in the Hardware industry
Industry Median: 2.25
vs TPE:2377: 2.22
During the past 12 months, Micro-Star International Co's average Book Value Per Share Growth Rate was 2.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Micro-Star International Co was 16.30% per year. The lowest was -0.20% per year. And the median was 5.20% per year.
Back to Basics: PB Ratio
Micro-Star International Co (TPE:2377) 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.
Micro-Star International Co PB Ratio Related Terms
Micro-Star 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 Computer Hardware subindustry, Micro-Star 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.
Micro-Star International Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Micro-Star International Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Micro-Star 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.
Micro-Star International Co (TPE:2377) has a PB Ratio of 2.22 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Micro-Star International Co and its competitors. This is 15% below median its historical median of 2.60. Over the past decade, Micro-Star International Co's PB Ratio has ranged from 1.37 to 4.11. According to the industry distribution chart, Micro-Star International Co ranks #1220 out of 2419 companies in the Hardware industry, placing it in the top 50.4%.
Is Micro-Star International Co's PB Ratio too high?
Micro-Star International Co's current PB Ratio of 2.22 is 15% below median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 4.11. The Hardware industry median PB Ratio is 2.25. Micro-Star International Co's value of 2.22 is 1.3% below this industry median. Based on the distribution chart, Micro-Star International Co ranks #1220 out of 2419 companies in the Hardware industry, which is below the industry midpoint. Overall, Micro-Star International Co has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Micro-Star International Co's PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Micro-Star International Co ranks #1220 out of 2419 companies for PB Ratio. This places Micro-Star International Co in the lower half of its industry. The industry median PB Ratio is 2.25. Micro-Star International Co's value of 2.22 is 1.3% below this benchmark. Historically, Micro-Star International Co's own PB Ratio has ranged from 1.37 to 4.11 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 2.25, Micro-Star International Co 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 2.25, 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. Micro-Star International Co's current PB Ratio of 2.22 is 1.3% 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 Micro-Star International Co and its competitors. For the Hardware industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micro-Star International Co's current PB Ratio is 2.22, which is 15% below median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro-Star International Co stock overvalued right now?
Based on GuruFocus' analysis, Micro-Star International Co (TPE:2377) is currently considered Possible Value Trap. The stock's GF Value™ is NT$203.56, compared to a current price of NT$141.50 — trading 30.5% below its estimated fair value. The current PB Ratio is 2.22, which is 15% below median its 10-year median of 2.60 and 1.3% below the Hardware industry median of 2.25. Micro-Star International Co's overall GF Score™ is 86/100 with 7 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 Micro-Star International Co (TPE:2377), the current PB Ratio is 2.22 as of Jul. 18, 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 Micro-Star International Co (TPE:2377) Overvalued in 2026?
Based on GuruFocus' analysis, Micro-Star International Co stock appears to be undervalued.
The current stock price of NT$141.50 is trading 30.5% below its estimated GF Value™ of NT$203.56.
GuruFocus considers Micro-Star International Co to be Possible Value Trap.
Key valuation signals for TPE:2377:
PB Ratio: 2.22 (15% below median its 10-year median of 2.60)
GF Value™: NT$203.56 vs. price of NT$141.50 (30.5% below fair value)
Industry Position: 1.3% below the Hardware median (#1220 of 2419)
No single metric tells the full story. See the TPE:2377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Micro-Star International Co Ltd is a manufacturer and distributor of computer hardware products, particularly gaming laptops and hardware. The company has single reportable segment which is Computer and IT segment. Its other products include laptops, motherboards, graphics cards, all-in-one PCs, mobile workstations, barebone computers, servers, multimedia peripherals to vehicle infotainment solutions, smart cleaning robots, and Wi-Fi cameras. Geographically, it generates revenue from Asia, Europe, America and others.
86GF Score
Get the complete analysis for TPE:2377
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