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The historical rank and industry rank for Voltronic Power Technology's PB Ratio or its related term are showing as below:
TPE:6409'
s PB Ratio Range Over the Past 10 Years
Min: 5.75 Med: 13.78 Max: 33.02
Current: 9.17
During the past 13 years, Voltronic Power Technology's highest PB Ratio was 33.02. The lowest was 5.75. And the median was 13.78.
TPE:6409's PB Ratio is ranked worse than 91.51% of 2981
companies
in the Industrial Products industry
Industry Median: 2.17
vs TPE:6409: 9.17
During the past 12 months, Voltronic Power Technology's average Book Value Per Share Growth Rate was -5.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Voltronic Power Technology was 34.80% per year. The lowest was 2.80% per year. And the median was 16.00% per year.
Back to Basics: PB Ratio
Voltronic Power Technology (TPE:6409) 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.
Voltronic Power Technology PB Ratio Related Terms
Voltronic Power Technology 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 Electrical Equipment & Parts subindustry, Voltronic Power 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.
Voltronic Power Technology PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Voltronic Power Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Voltronic Power 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.
Voltronic Power Technology (TPE:6409) has a PB Ratio of 9.17 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Voltronic Power Technology and its competitors. This is 33% below median its historical median of 13.78. Over the past decade, Voltronic Power Technology's PB Ratio has ranged from 5.75 to 33.02. According to the industry distribution chart, Voltronic Power Technology ranks #2728 out of 2981 companies in the Industrial Products industry, placing it in the top 91.5%.
Is Voltronic Power Technology's PB Ratio too high?
Voltronic Power Technology's current PB Ratio of 9.17 is 33% below median its 10-year median of 13.78. Over the past 10 years, this metric has ranged from a low of 5.75 to a high of 33.02. The Industrial Products industry median PB Ratio is 2.17. Voltronic Power Technology's value of 9.17 is 322.6% above this industry median. Based on the distribution chart, Voltronic Power Technology ranks #2728 out of 2981 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Voltronic Power Technology has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Voltronic Power Technology's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Voltronic Power Technology ranks #2728 out of 2981 companies for PB Ratio. This places Voltronic Power Technology in the lower half of its industry. The industry median PB Ratio is 2.17. Voltronic Power Technology's value of 9.17 is 322.6% above this benchmark. Historically, Voltronic Power Technology's own PB Ratio has ranged from 5.75 to 33.02 over the past decade. While the company's 10-year median is 13.78 vs. the industry median of 2.17, Voltronic Power 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.17, based on 2,981 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. Voltronic Power Technology's current PB Ratio of 9.17 is 322.6% 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 Voltronic Power Technology and its competitors. For the Industrial Products industry, the median PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voltronic Power Technology's current PB Ratio is 9.17, which is 33% below median its own 10-year median of 13.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voltronic Power Technology stock overvalued right now?
Based on GuruFocus' analysis, Voltronic Power Technology (TPE:6409) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$1,442.10, compared to a current price of NT$1,080.00 — trading 25.1% below its estimated fair value. The current PB Ratio is 9.17, which is 33% below median its 10-year median of 13.78 and 322.6% above the Industrial Products industry median of 2.17. Voltronic Power Technology's overall GF Score™ is 100/100 with 2 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 Voltronic Power Technology (TPE:6409), the current PB Ratio is 9.17 as of Jul. 15, 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 Voltronic Power Technology (TPE:6409) Overvalued in 2026?
Based on GuruFocus' analysis, Voltronic Power Technology stock appears to be undervalued.
The current stock price of NT$1,080.00 is trading 25.1% below its estimated GF Value™ of NT$1,442.10.
GuruFocus considers Voltronic Power Technology to be Modestly Undervalued.
Key valuation signals for TPE:6409:
PB Ratio: 9.17 (33% below median its 10-year median of 13.78)
GF Value™: NT$1,442.10 vs. price of NT$1,080.00 (25.1% below fair value)
Industry Position: 322.6% above the Industrial Products median (#2728 of 2981)
No single metric tells the full story. See the TPE:6409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Voltronic Power Technology Corp mainly manufactures and sells power electronics products, including uninterruptible power supply systems and inverters. Its product portfolio also includes photovoltaic inverters, energy storage systems, variable frequency drives, and electric vehicle chargers.
100GF Score
Get the complete analysis for TPE:6409
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