Acer Gadget (TPE:2432) PB Ratio: 1.49 (As of Jul. 20, 2026) — 16% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2432 Acer Gadget Inc TPE:2432
57 GF Score
Price NT$28.05
GF Value NT$51.15
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Acer Gadget PB Ratio?

Acer Gadget TPE:2432 -1.75% 57 PB Ratio is 1.49 as of Jul. 20, 2026, which is 16% below its 10-year median of 1.78. GuruFocus rates TPE:2432 with a GF Score™ of 57/100 and a GF Value™ of NT$51.15 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,419 Hardware companies, Acer Gadget ranks better than 65.69% 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), Acer Gadget's share price is NT$28.05. Acer Gadget's Book Value per Share for the quarter that ended in Dec. 2025 was NT$18.84. Hence, Acer Gadget's PB Ratio of today is 1.49.

The historical rank and industry rank for Acer Gadget's PB Ratio or its related term are showing as below:

TPE:2432' s PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.78   Max: 3.07
Current: 1.49

During the past 7 years, Acer Gadget's highest PB Ratio was 3.07. The lowest was 1.27. And the median was 1.78.

TPE:2432's PB Ratio is ranked better than
65.69% of 2419 companies
in the Hardware industry
Industry Median: 2.18 vs TPE:2432: 1.49

During the past 12 months, Acer Gadget's average Book Value Per Share Growth Rate was -7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 28.90% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Acer Gadget was 50.70% per year. The lowest was 2.40% per year. And the median was 45.60% per year.

Back to Basics: PB Ratio


Acer Gadget  (TPE:2432) 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.


Acer Gadget PB Ratio Related Terms


Acer Gadget PB Ratio Historical Data

* Premium members only.

The historical data trend for Acer Gadget'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.

Acer Gadget PB Ratio Chart

Acer Gadget Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 1.95 1.43 1.36

Acer Gadget Quarterly Data
Dec19 Dec20 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 1.43 1.90 1.65 1.48 1.35

TPE:2432 vs SNDK, DELL, STX: PB Ratio Comparison

For the Computer Hardware subindustry, Acer Gadget'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.


Acer Gadget PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Acer Gadget's PB Ratio distribution charts can be found below:

* The bar in red indicates where Acer Gadget's PB Ratio falls into.


TPE:2432
57GF Score
Acer Gadget Inc TPE:2432
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acer Gadget 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.

Acer Gadget's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=28.05/18.841
=1.49

* 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 1.49 mean?
Acer Gadget (TPE:2432) has a PB Ratio of 1.49 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 Acer Gadget and its competitors. This is 16% below median its historical median of 1.78. Over the past decade, Acer Gadget's PB Ratio has ranged from 1.27 to 3.07. According to the industry distribution chart, Acer Gadget ranks #830 out of 2419 companies in the Hardware industry, placing it in the top 34.3%.
Is Acer Gadget's PB Ratio too high?
Acer Gadget's current PB Ratio of 1.49 is 16% below median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 3.07. The Hardware industry median PB Ratio is 2.18. Acer Gadget's value of 1.49 is 31.7% below this industry median. Based on the distribution chart, Acer Gadget ranks #830 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, Acer Gadget has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Acer Gadget's PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Acer Gadget ranks #830 out of 2419 companies for PB Ratio. This puts Acer Gadget in the upper half of its industry. The industry median PB Ratio is 2.18. Acer Gadget's value of 1.49 is 31.7% below this benchmark. Historically, Acer Gadget's own PB Ratio has ranged from 1.27 to 3.07 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 2.18, Acer Gadget 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. Acer Gadget's current PB Ratio of 1.49 is 31.7% 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 Acer Gadget 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. Acer Gadget's current PB Ratio is 1.49, which is 16% below median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acer Gadget stock overvalued right now?
Based on GuruFocus' analysis, Acer Gadget (TPE:2432) is currently considered Possible Value Trap. The stock's GF Value™ is NT$51.15, compared to a current price of NT$28.05 — trading 45.2% below its estimated fair value. The current PB Ratio is 1.49, which is 16% below median its 10-year median of 1.78 and 31.7% below the Hardware industry median of 2.18. Acer Gadget's overall GF Score™ is 57/100 with 3 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 Acer Gadget (TPE:2432), the current PB Ratio is 1.49 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 Acer Gadget (TPE:2432) Overvalued in 2026?

Based on GuruFocus' analysis, Acer Gadget stock appears to be undervalued. The current stock price of NT$28.05 is trading 45.2% below its estimated GF Value™ of NT$51.15. GuruFocus considers Acer Gadget to be Possible Value Trap.

Key valuation signals for TPE:2432:

  • PB Ratio: 1.49 (16% below median its 10-year median of 1.78)
  • GF Value™: NT$51.15 vs. price of NT$28.05 (45.2% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 31.7% below the Hardware median (#830 of 2419)

No single metric tells the full story. See the TPE:2432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acer Gadget Business Description

Address No. 369, Fuxing North Road, 5th Floor, 7th Floor, Songshan District, Taipei City, TWN, 10541
Acer Gadget Inc mainly engages in telecom value-added network business, the design, sales, and lease of computer software and hardware application systems, and the sales of computer peripherals and smart life products. Its segments include the Smart Devices and Value-Added Trading Division, which generates maximum revenue and mainly engages in gaming and non-gaming products, computer peripherals, and smart life products, the Fashion Division, which engages in bags, apparel, luggage, and accessories, the Smart Mobility Division, which engages in e-Scooters and e-Bikes, and the Solutions Division, which engages in system planning, development, maintenance, operation, and service promotion. The company generates maximum revenue from China.
57GF Score

Get the complete analysis for TPE:2432

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

NT$28.05
Price
NT$51.15
GF Value