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The historical rank and industry rank for Polytronics Technology's PB Ratio or its related term are showing as below:
TPE:6224'
s PB Ratio Range Over the Past 10 Years
Min: 1.52 Med: 2.33 Max: 5.84
Current: 2.26
During the past 13 years, Polytronics Technology's highest PB Ratio was 5.84. The lowest was 1.52. And the median was 2.33.
TPE:6224's PB Ratio is ranked better than 50.37% of 2418
companies
in the Hardware industry
Industry Median: 2.205
vs TPE:6224: 2.26
During the past 12 months, Polytronics Technology's average Book Value Per Share Growth Rate was -2.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Polytronics Technology was 13.20% per year. The lowest was -6.80% per year. And the median was 3.70% per year.
Back to Basics: PB Ratio
Polytronics Technology (TPE:6224) 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.
* 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, Polytronics 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.
Polytronics Technology PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Polytronics Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Polytronics Technology'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.
Polytronics Technology (TPE:6224) has a PB Ratio of 2.26 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Polytronics Technology and its competitors. This is near median its historical median of 2.33. Over the past decade, Polytronics Technology's PB Ratio has ranged from 1.52 to 5.84. According to the industry distribution chart, Polytronics Technology ranks #1200 out of 2418 companies in the Hardware industry, placing it in the top 49.6%.
Is Polytronics Technology's PB Ratio too high?
Polytronics Technology's current PB Ratio of 2.26 is near median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 5.84. The Hardware industry median PB Ratio is 2.21. Polytronics Technology's value of 2.26 is 2.5% above this industry median. Based on the distribution chart, Polytronics Technology ranks #1200 out of 2418 companies in the Hardware industry, which is above the industry midpoint. Overall, Polytronics Technology has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Polytronics Technology's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Polytronics Technology ranks #1200 out of 2418 companies for PB Ratio. This puts Polytronics Technology in the upper half of its industry. The industry median PB Ratio is 2.21. Polytronics Technology's value of 2.26 is 2.5% above this benchmark. Historically, Polytronics Technology's own PB Ratio has ranged from 1.52 to 5.84 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 2.21, Polytronics Technology 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 a Hardware company?
The median PB Ratio among Hardware companies is 2.21, based on 2,418 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. Polytronics Technology's current PB Ratio of 2.26 is 2.5% 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 Polytronics Technology and its competitors. For the Hardware industry, the median PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polytronics Technology's current PB Ratio is 2.26, which is near median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polytronics Technology stock overvalued right now?
Based on GuruFocus' analysis, Polytronics Technology (TPE:6224) is currently considered Fairly Valued. The stock's GF Value™ is NT$56.59, compared to a current price of NT$58.30 — trading 3% above its estimated fair value. The current PB Ratio is 2.26, which is near median its 10-year median of 2.33 and 2.5% above the Hardware industry median of 2.21. Polytronics Technology's overall GF Score™ is 82/100 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 Polytronics Technology (TPE:6224), the current PB Ratio is 2.26 as of Jul. 23, 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 Polytronics Technology (TPE:6224) Overvalued in 2026?
Based on GuruFocus' analysis, Polytronics Technology stock appears to be overvalued.
The current stock price of NT$58.30 is trading 3% above its estimated GF Value™ of NT$56.59.
GuruFocus considers Polytronics Technology to be Fairly Valued.
Key valuation signals for TPE:6224:
PB Ratio: 2.26 (near median its 10-year median of 2.33)
GF Value™: NT$56.59 vs. price of NT$58.30 (3% above fair value)
Industry Position: 2.5% above the Hardware median (#1200 of 2418)
No single metric tells the full story. See the TPE:6224 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polytronics Technology Corp, along with its subsidiaries, is a company that specializes in the research, development, manufacturing, and sale of polymeric positive temperature coefficient thermistors and overvoltage protection elements, as well as production-related semi-finished goods, modules, heat conductive substrates, thermal modules, heat dispersing materials, light emitting diode lighting, and modules. Geographically, the company operates in Taiwan, China (including Hong Kong) and America, and Others, of which it derives maximum revenue from China.
82GF Score
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