Fsp Technology (TPE:3015) PB Ratio: 0.84 (As of Jul. 19, 2026) — 38% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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TPE:3015 Fsp Technology Inc TPE:3015
75 GF Score
Price NT$55.90
GF Value NT$55.43
Valuation Fairly Valued
! 6 Warning Signs
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What is Fsp Technology PB Ratio?

Fsp Technology TPE:3015 -5.41% 75 PB Ratio is 0.84 as of Jul. 19, 2026, which is 38% above its 10-year median of 0.61. GuruFocus rates TPE:3015 with a GF Score™ of 75/100 and a GF Value™ of NT$55.43 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,981 Industrial Products companies, Fsp Technology ranks better than 82.46% 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 (2026-07-19), Fsp Technology's share price is NT$55.90. Fsp Technology's Book Value per Share for the quarter that ended in Dec. 2025 was NT$66.89. Hence, Fsp Technology's PB Ratio of today is 0.84.

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

TPE:3015' s PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.61   Max: 1.03
Current: 0.84

During the past 13 years, Fsp Technology's highest PB Ratio was 1.03. The lowest was 0.35. And the median was 0.61.

TPE:3015's PB Ratio is ranked better than
82.46% of 2981 companies
in the Industrial Products industry
Industry Median: 2.11 vs TPE:3015: 0.84

During the past 12 months, Fsp Technology's average Book Value Per Share Growth Rate was -18.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fsp Technology was 19.30% per year. The lowest was -2.10% per year. And the median was 6.70% per year.

Back to Basics: PB Ratio


Fsp Technology  (TPE:3015) 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.


Fsp Technology PB Ratio Related Terms


Fsp Technology PB Ratio Historical Data

* Premium members only.

The historical data trend for Fsp Technology'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.

Fsp Technology PB Ratio Chart

Fsp Technology 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 0.65 0.53 0.67 0.74 0.79

Fsp Technology 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 0.74 0.80 0.81 0.81 0.79

TPE:3015 vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Fsp Technology'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.


Fsp Technology PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fsp Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where Fsp Technology's PB Ratio falls into.


TPE:3015
75GF Score
Fsp Technology Inc TPE:3015
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fsp Technology 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.

Fsp Technology's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=55.90/66.891
=0.84

* 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 0.84 mean?
Fsp Technology (TPE:3015) has a PB Ratio of 0.84 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 Fsp Technology and its competitors. This is 38% above median its historical median of 0.61. Over the past decade, Fsp Technology's PB Ratio has ranged from 0.35 to 1.03. According to the industry distribution chart, Fsp Technology ranks #523 out of 2981 companies in the Industrial Products industry, placing it in the top 17.5%.
Is Fsp Technology's PB Ratio too high?
Fsp Technology's current PB Ratio of 0.84 is 38% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.03. The Industrial Products industry median PB Ratio is 2.11. Fsp Technology's value of 0.84 is 60.2% below this industry median. Based on the distribution chart, Fsp Technology ranks #523 out of 2981 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Fsp Technology has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fsp Technology's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Fsp Technology ranks #523 out of 2981 companies for PB Ratio. This places Fsp Technology in the top 18% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.11. Fsp Technology's value of 0.84 is 60.2% below this benchmark. Historically, Fsp Technology's own PB Ratio has ranged from 0.35 to 1.03 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 2.11, Fsp Technology 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.11, based on 2,981 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. Fsp Technology's current PB Ratio of 0.84 is 60.2% 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 Fsp Technology and its competitors. For the Industrial Products industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fsp Technology's current PB Ratio is 0.84, which is 38% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fsp Technology stock overvalued right now?
Based on GuruFocus' analysis, Fsp Technology (TPE:3015) is currently considered Fairly Valued. The stock's GF Value™ is NT$55.43, compared to a current price of NT$55.90 — trading 0.8% above its estimated fair value. The current PB Ratio is 0.84, which is 38% above median its 10-year median of 0.61 and 60.2% below the Industrial Products industry median of 2.11. Fsp Technology's overall GF Score™ is 75/100 with 6 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 Fsp Technology (TPE:3015), the current PB Ratio is 0.84 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 Fsp Technology (TPE:3015) Overvalued in 2026?

Based on GuruFocus' analysis, Fsp Technology stock appears to be overvalued. The current stock price of NT$55.90 is trading 0.8% above its estimated GF Value™ of NT$55.43. GuruFocus considers Fsp Technology to be Fairly Valued.

Key valuation signals for TPE:3015:

  • PB Ratio: 0.84 (38% above median its 10-year median of 0.61)
  • GF Value™: NT$55.43 vs. price of NT$55.90 (0.8% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 60.2% below the Industrial Products median (#523 of 2981)

No single metric tells the full story. See the TPE:3015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fsp Technology Business Description

Address No.22, Jianguo East Road, Taoyuan District, Taoyuan City, TWN, 330
Fsp Technology Inc is a Taiwan-based power supply manufacturer. The company is mainly engaged in the manufacturing, processing and trading of power supplies and various electronic components. Its product portfolio comprises PC PSU, adapter, open frame, IPC PSU, medical PSU, PV inverter, UPS, and energy storage system. The company has an operational footprint across Taiwan, China, the United States of America, Germany, and other countries.
75GF Score

Get the complete analysis for TPE:3015

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

NT$55.90
Price
NT$55.43
GF Value