Danen Technology (TPE:3686) PB Ratio: 1.84 (As of Jul. 17, 2026) — 23% 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:3686 Danen Technology Corp TPE:3686
60 GF Score
Price NT$16.10
GF Value NT$31.14
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Danen Technology PB Ratio?

Danen Technology TPE:3686 -0.62% 60 PB Ratio is 1.84 as of Jul. 17, 2026, which is 23% above its 10-year median of 1.50. GuruFocus rates TPE:3686 with a GF Score™ of 60/100 and a GF Value™ of NT$31.14 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 998 Semiconductors companies, Danen Technology ranks better than 71.14% 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 (2026-07-17), Danen Technology's share price is NT$16.10. Danen Technology's Book Value per Share for the quarter that ended in Dec. 2025 was NT$8.74. Hence, Danen Technology's PB Ratio of today is 1.84.

Good Sign:

Danen Technology Corp stock PB Ratio (=1.88) is close to 1-year low of 1.73.

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

TPE:3686' s PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.5   Max: 4.06
Current: 1.84

During the past 13 years, Danen Technology's highest PB Ratio was 4.06. The lowest was 0.35. And the median was 1.50.

TPE:3686's PB Ratio is ranked better than
71.14% of 998 companies
in the Semiconductors industry
Industry Median: 3.295 vs TPE:3686: 1.84

During the past 12 months, Danen Technology's average Book Value Per Share Growth Rate was -4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -17.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Danen Technology was 21.70% per year. The lowest was -36.60% per year. And the median was -12.80% per year.

Back to Basics: PB Ratio


Danen Technology  (TPE:3686) 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.


Danen Technology PB Ratio Related Terms


Danen Technology PB Ratio Historical Data

* Premium members only.

The historical data trend for Danen 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.

Danen Technology PB Ratio Chart

Danen 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 2.35 1.58 1.47 2.18 2.08

Danen 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 2.18 1.61 1.78 2.14 2.08

TPE:3686 vs FSLR, NXT, ENPH: PB Ratio Comparison

For the Solar subindustry, Danen 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.


Danen Technology PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Danen Technology's PB Ratio distribution charts can be found below:

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


TPE:3686
60GF Score
Danen Technology Corp TPE:3686
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Danen 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=16.10/8.739
=1.84

* 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 1.84 mean?
Danen Technology (TPE:3686) has a PB Ratio of 1.84 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Danen Technology and its competitors. This is 23% above median its historical median of 1.50. Over the past decade, Danen Technology's PB Ratio has ranged from 0.35 to 4.06. According to the industry distribution chart, Danen Technology ranks #288 out of 998 companies in the Semiconductors industry, placing it in the top 28.9%.
Is Danen Technology's PB Ratio too high?
Danen Technology's current PB Ratio of 1.84 is 23% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 4.06. The Semiconductors industry median PB Ratio is 3.30. Danen Technology's value of 1.84 is 44.2% below this industry median. Based on the distribution chart, Danen Technology ranks #288 out of 998 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Danen Technology has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Danen Technology's PB Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Danen Technology ranks #288 out of 998 companies for PB Ratio. This puts Danen Technology in the upper half of its industry. The industry median PB Ratio is 3.30. Danen Technology's value of 1.84 is 44.2% below this benchmark. Historically, Danen Technology's own PB Ratio has ranged from 0.35 to 4.06 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 3.30, Danen 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 a Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.30, based on 998 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. Danen Technology's current PB Ratio of 1.84 is 44.2% 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 Danen Technology and its competitors. For the Semiconductors industry, the median PB Ratio is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danen Technology's current PB Ratio is 1.84, which is 23% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danen Technology stock overvalued right now?
Based on GuruFocus' analysis, Danen Technology (TPE:3686) is currently considered Possible Value Trap. The stock's GF Value™ is NT$31.14, compared to a current price of NT$16.10 — trading 48.3% below its estimated fair value. The current PB Ratio is 1.84, which is 23% above median its 10-year median of 1.50 and 44.2% below the Semiconductors industry median of 3.30. Danen Technology's overall GF Score™ is 60/100 with 1 warning sign 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 Danen Technology (TPE:3686), the current PB Ratio is 1.84 as of Jul. 17, 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 Danen Technology (TPE:3686) Overvalued in 2026?

Based on GuruFocus' analysis, Danen Technology stock appears to be undervalued. The current stock price of NT$16.10 is trading 48.3% below its estimated GF Value™ of NT$31.14. GuruFocus considers Danen Technology to be Possible Value Trap.

Key valuation signals for TPE:3686:

  • PB Ratio: 1.84 (23% above median its 10-year median of 1.50)
  • GF Value™: NT$31.14 vs. price of NT$16.10 (48.3% below fair value)
  • GF Score™: 60/100 with 1 warning sign
  • Industry Position: 44.2% below the Semiconductors median (#288 of 998)

No single metric tells the full story. See the TPE:3686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Danen Technology Business Description

Address No. 118, Ciyun Road, 19th Floor-8, East District, Hsinchu City, TWN, 300
Danen Technology Corp is mainly engaged in renewable energy equipment power generating and energy technology consulting services. The company is a manufacturer of alternative energy components with specialized technology, initially producing solar silicon wafers for the solar photovoltaic industry. Currently, the company's main source of short-term revenue is the trading of electronic materials, with products mainly including memory chips and DIMMs from manufacturers. Its electronic materials sales projects include DRAM CHIP Original & Re-ball from Hynix, Samsung and Micro DRAM Chip, and Long DIMM & SODIMM from Hynix, Samsung, and Hsin Keung Green Edition. The company generates revenue from Taiwan.
60GF Score

Get the complete analysis for TPE:3686

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

NT$16.10
Price
NT$31.14
GF Value