Darwin Precisions (TPE:6120) PB Ratio: 0.88 (As of Jul. 27, 2026) — Near Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:6120 Darwin Precisions Corp TPE:6120
76 GF Score
Price NT$13.00
GF Value NT$13.18
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Darwin Precisions PB Ratio?

Darwin Precisions TPE:6120 -1.89% 76 PB Ratio is 0.88 as of Jul. 27, 2026, which is 3% below its 10-year median of 0.91. GuruFocus rates TPE:6120 with a GF Score™ of 76/100 and a GF Value™ of NT$13.18 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,420 Hardware companies, Darwin Precisions ranks better than 81.53% 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 (2026-07-27), Darwin Precisions's share price is NT$13.00. Darwin Precisions's Book Value per Share for the quarter that ended in Dec. 2025 was NT$14.71. Hence, Darwin Precisions's PB Ratio of today is 0.88.

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

TPE:6120' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.91   Max: 2.46
Current: 0.88

During the past 13 years, Darwin Precisions's highest PB Ratio was 2.46. The lowest was 0.48. And the median was 0.91.

TPE:6120's PB Ratio is ranked better than
81.53% of 2420 companies
in the Hardware industry
Industry Median: 2.2 vs TPE:6120: 0.88

During the past 12 months, Darwin Precisions's average Book Value Per Share Growth Rate was -8.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Darwin Precisions was 4.60% per year. The lowest was -7.90% per year. And the median was -2.70% per year.

Back to Basics: PB Ratio


Darwin Precisions  (TPE:6120) 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.


Darwin Precisions PB Ratio Related Terms


Darwin Precisions PB Ratio Historical Data

* Premium members only.

The historical data trend for Darwin Precisions'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.

Darwin Precisions PB Ratio Chart

Darwin Precisions 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 1.16 0.63 0.97 0.88 0.83

Darwin Precisions 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 0.88 0.81 0.82 0.74 0.83

TPE:6120 vs APH, GLW, TEL: PB Ratio Comparison

For the Electronic Components subindustry, Darwin Precisions'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.


Darwin Precisions PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Darwin Precisions's PB Ratio distribution charts can be found below:

* The bar in red indicates where Darwin Precisions's PB Ratio falls into.


TPE:6120
76GF Score
Darwin Precisions Corp TPE:6120
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Darwin Precisions 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.

Darwin Precisions's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=13.00/14.708
=0.88

* 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 0.88 mean?
Darwin Precisions (TPE:6120) has a PB Ratio of 0.88 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Darwin Precisions and its competitors. This is near median its historical median of 0.91. Over the past decade, Darwin Precisions' PB Ratio has ranged from 0.48 to 2.46. According to the industry distribution chart, Darwin Precisions ranks #447 out of 2420 companies in the Hardware industry, placing it in the top 18.5%.
Is Darwin Precisions' PB Ratio too high?
Darwin Precisions' current PB Ratio of 0.88 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 2.46. The Hardware industry median PB Ratio is 2.20. Darwin Precisions' value of 0.88 is 60% below this industry median. Based on the distribution chart, Darwin Precisions ranks #447 out of 2420 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Darwin Precisions has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Darwin Precisions' PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Darwin Precisions ranks #447 out of 2420 companies for PB Ratio. This places Darwin Precisions in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.20. Darwin Precisions' value of 0.88 is 60% below this benchmark. Historically, Darwin Precisions' own PB Ratio has ranged from 0.48 to 2.46 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 2.20, Darwin Precisions 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 2.20, based on 2,420 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. Darwin Precisions's current PB Ratio of 0.88 is 60% 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 Darwin Precisions and its competitors. For the Hardware industry, the median PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Darwin Precisions's current PB Ratio is 0.88, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Darwin Precisions stock overvalued right now?
Based on GuruFocus' analysis, Darwin Precisions (TPE:6120) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.18, compared to a current price of NT$13.00 — trading 1.4% below its estimated fair value. The current PB Ratio is 0.88, which is near median its 10-year median of 0.91 and 60% below the Hardware industry median of 2.20. Darwin Precisions' overall GF Score™ is 76/100 with 3 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 Darwin Precisions (TPE:6120), the current PB Ratio is 0.88 as of Jul. 27, 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 Darwin Precisions (TPE:6120) Overvalued in 2026?

Based on GuruFocus' analysis, Darwin Precisions stock appears to be undervalued. The current stock price of NT$13.00 is trading 1.4% below its estimated GF Value™ of NT$13.18. GuruFocus considers Darwin Precisions to be Fairly Valued.

Key valuation signals for TPE:6120:

  • PB Ratio: 0.88 (near median its 10-year median of 0.91)
  • GF Value™: NT$13.18 vs. price of NT$13.00 (1.4% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 60% below the Hardware median (#447 of 2420)

No single metric tells the full story. See the TPE:6120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Darwin Precisions Business Description

Address No.20-1, Guangfu North Road, Hukou Township, Hsinchu County, Hsinchu, TWN, 303036
Darwin Precisions Corp is a Taiwanese company engaged in the manufacturing, assembling, processing, and trading of backlight modules, computer peripherals, and communication equipment. The company's product users are manufacturers of liquid crystal displays, or LCDs, panels, and scanners, among others. The company's geographical markets include Korea, Taiwan, China, Japan, and Others, with the majority of revenue from China.
76GF Score

Get the complete analysis for TPE:6120

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

NT$13.00
Price
NT$13.18
GF Value