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Emerging Display Technologies Corp stock PB Ratio (=1.17) is close to 5-year low of 1.17.
The historical rank and industry rank for Emerging Display Technologies's PB Ratio or its related term are showing as below:
TPE:3038'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 1.39 Max: 2.7
Current: 1.17
During the past 13 years, Emerging Display Technologies's highest PB Ratio was 2.70. The lowest was 0.77. And the median was 1.39.
TPE:3038's PB Ratio is ranked better than 74.2% of 2419
companies
in the Hardware industry
Industry Median: 2.19
vs TPE:3038: 1.17
During the past 12 months, Emerging Display Technologies's average Book Value Per Share Growth Rate was -2.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Emerging Display Technologies was 10.10% per year. The lowest was -0.60% per year. And the median was 5.75% per year.
Back to Basics: PB Ratio
Emerging Display Technologies (TPE:3038) 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.
Emerging Display Technologies PB Ratio Related Terms
Emerging Display Technologies 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 Electronic Components subindustry, Emerging Display Technologies'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.
Emerging Display Technologies PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Emerging Display Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where Emerging Display Technologies's PB Ratio falls into.
Emerging Display Technologies 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.
* 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.
Emerging Display Technologies (TPE:3038) has a PB Ratio of 1.17 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 Emerging Display Technologies and its competitors. This is 16% below median its historical median of 1.39. Over the past decade, Emerging Display Technologies' PB Ratio has ranged from 0.77 to 2.70. According to the industry distribution chart, Emerging Display Technologies ranks #624 out of 2419 companies in the Hardware industry, placing it in the top 25.8%.
Is Emerging Display Technologies' PB Ratio too high?
Emerging Display Technologies' current PB Ratio of 1.17 is 16% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 2.70. The Hardware industry median PB Ratio is 2.19. Emerging Display Technologies' value of 1.17 is 46.6% below this industry median. Based on the distribution chart, Emerging Display Technologies ranks #624 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, Emerging Display Technologies has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emerging Display Technologies' PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Emerging Display Technologies ranks #624 out of 2419 companies for PB Ratio. This puts Emerging Display Technologies in the upper half of its industry. The industry median PB Ratio is 2.19. Emerging Display Technologies' value of 1.17 is 46.6% below this benchmark. Historically, Emerging Display Technologies' own PB Ratio has ranged from 0.77 to 2.70 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 2.19, Emerging Display Technologies 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 2.19, 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. Emerging Display Technologies's current PB Ratio of 1.17 is 46.6% 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 Emerging Display Technologies and its competitors. For the Hardware industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerging Display Technologies's current PB Ratio is 1.17, which is 16% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerging Display Technologies stock overvalued right now?
Based on GuruFocus' analysis, Emerging Display Technologies (TPE:3038) is currently considered Fairly Valued. The stock's GF Value™ is NT$18.94, compared to a current price of NT$20.55 — trading 8.5% above its estimated fair value. The current PB Ratio is 1.17, which is 16% below median its 10-year median of 1.39 and 46.6% below the Hardware industry median of 2.19. Emerging Display Technologies' overall GF Score™ is 78/100 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 Emerging Display Technologies (TPE:3038), the current PB Ratio is 1.17 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 Emerging Display Technologies (TPE:3038) Overvalued in 2026?
Based on GuruFocus' analysis, Emerging Display Technologies stock appears to be overvalued.
The current stock price of NT$20.55 is trading 8.5% above its estimated GF Value™ of NT$18.94.
GuruFocus considers Emerging Display Technologies to be Fairly Valued.
Key valuation signals for TPE:3038:
PB Ratio: 1.17 (16% below median its 10-year median of 1.39)
GF Value™: NT$18.94 vs. price of NT$20.55 (8.5% above fair value)
Industry Position: 46.6% below the Hardware median (#624 of 2419)
No single metric tells the full story. See the TPE:3038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emerging Display Technologies Business Description
Emerging Display Technologies Corp is engaged in manufacturing and selling Capacity Touch Panels and Liquid Crystal Displays (LCDs). Its operating segments include the Domestic segment, the North America segment, and the Mainland China segment. The Domestic segment engages in designing, manufacturing, and selling liquid crystal display modules and capacitive touch panels. The North America segment mainly expands the North American trading business and deals with the sale of liquid crystal displays provided by the domestic segment. The Mainland China segment engages in the manufacture of processing raw materials and supplies provided by the domestic segment. Geographically, the company derives key revenue from Europe and the rest from America, and other regions.
78GF Score
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