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Largan Precision CoTPE:3008 +3.50%81 PB Ratio is 2.93 as of Jul. 23, 2026, which is 1% above its 10-year median of 2.90. GuruFocus rates TPE:3008 with a GF Score™ of 81/100 and a GF Value™ of NT$2,857.57 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,419 Hardware companies, Largan Precision Co ranks worse than 59.61% on this metric.
The historical rank and industry rank for Largan Precision Co's PB Ratio or its related term are showing as below:
TPE:3008'
s PB Ratio Range Over the Past 10 Years
Min: 1.48 Med: 2.9 Max: 10.53
Current: 2.93
During the past 13 years, Largan Precision Co's highest PB Ratio was 10.53. The lowest was 1.48. And the median was 2.90.
TPE:3008's PB Ratio is ranked worse than 59.61% of 2419
companies
in the Hardware industry
Industry Median: 2.22
vs TPE:3008: 2.93
During the past 12 months, Largan Precision Co's average Book Value Per Share Growth Rate was 4.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Largan Precision Co was 40.20% per year. The lowest was 5.30% per year. And the median was 17.90% per year.
Back to Basics: PB Ratio
Largan Precision Co (TPE:3008) 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.
Largan Precision Co PB Ratio Related Terms
Largan Precision Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Largan Precision Co'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 Electronic Components subindustry, Largan Precision 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.
Largan Precision Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Largan Precision Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Largan Precision 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.
Largan Precision Co (TPE:3008) has a PB Ratio of 2.93 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Largan Precision Co and its competitors. This is near median its historical median of 2.90. Over the past decade, Largan Precision Co's PB Ratio has ranged from 1.48 to 10.53. According to the industry distribution chart, Largan Precision Co ranks #1442 out of 2419 companies in the Hardware industry, placing it in the top 59.6%.
Is Largan Precision Co's PB Ratio too high?
Largan Precision Co's current PB Ratio of 2.93 is near median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 10.53. The Hardware industry median PB Ratio is 2.22. Largan Precision Co's value of 2.93 is 32% above this industry median. Based on the distribution chart, Largan Precision Co ranks #1442 out of 2419 companies in the Hardware industry, which is below the industry midpoint. Overall, Largan Precision Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Largan Precision Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Largan Precision Co ranks #1442 out of 2419 companies for PB Ratio. This places Largan Precision Co in the lower half of its industry. The industry median PB Ratio is 2.22. Largan Precision Co's value of 2.93 is 32% above this benchmark. Historically, Largan Precision Co's own PB Ratio has ranged from 1.48 to 10.53 over the past decade. While the company's 10-year median is 2.90 vs. the industry median of 2.22, Largan Precision 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 Hardware company?
The median PB Ratio among Hardware companies is 2.22, 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. Largan Precision Co's current PB Ratio of 2.93 is 32% 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 Largan Precision Co and its competitors. For the Hardware industry, the median PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Largan Precision Co's current PB Ratio is 2.93, which is near median its own 10-year median of 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Largan Precision Co stock overvalued right now?
Based on GuruFocus' analysis, Largan Precision Co (TPE:3008) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2,857.57, compared to a current price of NT$4,140.00 — trading 44.9% above its estimated fair value. The current PB Ratio is 2.93, which is near median its 10-year median of 2.90 and 32% above the Hardware industry median of 2.22. Largan Precision Co's overall GF Score™ is 81/100 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 Largan Precision Co (TPE:3008), the current PB Ratio is 2.93 as of Jul. 23, 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 Largan Precision Co (TPE:3008) Overvalued in 2026?
Based on GuruFocus' analysis, Largan Precision Co stock appears to be overvalued.
The current stock price of NT$4,140.00 is trading 44.9% above its estimated GF Value™ of NT$2,857.57.
GuruFocus considers Largan Precision Co to be Significantly Overvalued.
Key valuation signals for TPE:3008:
PB Ratio: 2.93 (near median its 10-year median of 2.90)
GF Value™: NT$2,857.57 vs. price of NT$4,140.00 (44.9% above fair value)
Industry Position: 32% above the Hardware median (#1442 of 2419)
No single metric tells the full story. See the TPE:3008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Largan Precision is the leader in optical lens technology and the world's largest handset lensmaker by value. The company boasts almost three decades of experience in the production of optical lenses, namely plastic aspherical lenses, which are widely used to manufacture smartphone cameras. It is a major supplier of high-end handset camera lenses to global smartphone brands such as Apple and Samsung. The firm also produces optical lenses for various applications, such as for automobiles, digital cameras, and extended reality headsets. Largan was co-founded in 1987 by Scott Lin, whose son Adam Lin serves as the current CEO and chair. Largan is headquartered and mainly operates in Taichung City, Taiwan, and employs around 8,000 people.
81GF Score
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