Hiwin MikrosystemTPE:4576 68 PB Ratio is 6.37 as of Jul. 13, 2026, which is 103% above its 10-year median of 3.14. GuruFocus rates TPE:4576 with a GF Score™ of 68/100 and a GF Value™ of NT$126.33 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,985 Industrial Products companies, Hiwin Mikrosystem ranks worse than 85.7% 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 (2026-07-13), Hiwin Mikrosystem's share price is NT$218.00. Hiwin Mikrosystem's Book Value per Share for the quarter that ended in Dec. 2025 was NT$34.25. Hence, Hiwin Mikrosystem's PB Ratio of today is 6.37.
The historical rank and industry rank for Hiwin Mikrosystem's PB Ratio or its related term are showing as below:
TPE:4576'
s PB Ratio Range Over the Past 10 Years
Min: 1.84 Med: 3.14 Max: 7.78
Current: 6.37
During the past 11 years, Hiwin Mikrosystem's highest PB Ratio was 7.78. The lowest was 1.84. And the median was 3.14.
TPE:4576's PB Ratio is ranked worse than 85.7% of 2985
companies
in the Industrial Products industry
Industry Median: 2.18
vs TPE:4576: 6.37
During the past 12 months, Hiwin Mikrosystem's average Book Value Per Share Growth Rate was 6.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.80% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Hiwin Mikrosystem was 13.00% per year. The lowest was 1.50% per year. And the median was 6.60% per year.
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.
Hiwin Mikrosystem PB Ratio Related Terms
Hiwin Mikrosystem PB Ratio Historical Data
* Premium members only.
The historical data trend for Hiwin Mikrosystem'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 Electrical Equipment & Parts subindustry, Hiwin Mikrosystem'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.
Hiwin Mikrosystem PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hiwin Mikrosystem's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hiwin Mikrosystem'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.
Hiwin Mikrosystem (TPE:4576) has a PB Ratio of 6.37 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hiwin Mikrosystem and its competitors. This is 103% above median its historical median of 3.14. Over the past decade, Hiwin Mikrosystem's PB Ratio has ranged from 1.84 to 7.78. According to the industry distribution chart, Hiwin Mikrosystem ranks #2558 out of 2985 companies in the Industrial Products industry, placing it in the top 85.7%.
Is Hiwin Mikrosystem's PB Ratio too high?
Hiwin Mikrosystem's current PB Ratio of 6.37 is 103% above median its 10-year median of 3.14. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 7.78. The Industrial Products industry median PB Ratio is 2.18. Hiwin Mikrosystem's value of 6.37 is 192.2% above this industry median. Based on the distribution chart, Hiwin Mikrosystem ranks #2558 out of 2985 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hiwin Mikrosystem has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiwin Mikrosystem's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hiwin Mikrosystem ranks #2558 out of 2985 companies for PB Ratio. This places Hiwin Mikrosystem in the lower half of its industry. The industry median PB Ratio is 2.18. Hiwin Mikrosystem's value of 6.37 is 192.2% above this benchmark. Historically, Hiwin Mikrosystem's own PB Ratio has ranged from 1.84 to 7.78 over the past decade. While the company's 10-year median is 3.14 vs. the industry median of 2.18, Hiwin Mikrosystem 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.18, based on 2,985 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. Hiwin Mikrosystem's current PB Ratio of 6.37 is 192.2% 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 Hiwin Mikrosystem and its competitors. For the Industrial Products 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. Hiwin Mikrosystem's current PB Ratio is 6.37, which is 103% above median its own 10-year median of 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiwin Mikrosystem stock overvalued right now?
Based on GuruFocus' analysis, Hiwin Mikrosystem (TPE:4576) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$126.33, compared to a current price of NT$218.00 — trading 72.6% above its estimated fair value. The current PB Ratio is 6.37, which is 103% above median its 10-year median of 3.14 and 192.2% above the Industrial Products industry median of 2.18. Hiwin Mikrosystem's overall GF Score™ is 68/100 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 Hiwin Mikrosystem (TPE:4576), the current PB Ratio is 6.37 as of Jul. 13, 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 Hiwin Mikrosystem (TPE:4576) Overvalued in 2026?
Based on GuruFocus' analysis, Hiwin Mikrosystem stock appears to be overvalued.
The current stock price of NT$218.00 is trading 72.6% above its estimated GF Value™ of NT$126.33.
GuruFocus considers Hiwin Mikrosystem to be Significantly Overvalued.
Key valuation signals for TPE:4576:
PB Ratio: 6.37 (103% above median its 10-year median of 3.14)
GF Value™: NT$126.33 vs. price of NT$218.00 (72.6% above fair value)
Industry Position: 192.2% above the Industrial Products median (#2558 of 2985)
No single metric tells the full story. See the TPE:4576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiwin Mikrosystem Corp is engaged in manufacturing, repairing, and selling a variety of motors, drives, and automation systems. Its product offerings include ballscrews, rolled ballscrews, precision linear guideways, rotary motors, and single-axis motors, among others. Its products can be applied in semiconductor equipment, optical component manufacturing equipment, automation equipment, Medicare and healthcare equipment, rehabilitation equipment, and transportation. The company's reportable segments are precision motion and control parts, micro and nano-positioning systems and others. The majority of revenue is derived from the micro and nano-positioning systems segment. Geographically, the maximum revenue is generated from Taiwan.
68GF Score
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