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AP Memory TechnologyTPE:6531 -9.90%82 PB Ratio is 10.88 as of Jul. 17, 2026, which is 153% above its 10-year median of 4.30. GuruFocus rates TPE:6531 with a GF Score™ of 82/100 and a GF Value™ of NT$607.83 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 998 Semiconductors companies, AP Memory Technology ranks worse than 88.78% on this metric.
The historical rank and industry rank for AP Memory Technology's PB Ratio or its related term are showing as below:
TPE:6531'
s PB Ratio Range Over the Past 10 Years
Min: 1.11 Med: 4.3 Max: 20.79
Current: 10.88
During the past 13 years, AP Memory Technology's highest PB Ratio was 20.79. The lowest was 1.11. And the median was 4.30.
TPE:6531's PB Ratio is ranked worse than 88.78% of 998
companies
in the Semiconductors industry
Industry Median: 3.295
vs TPE:6531: 10.88
During the past 12 months, AP Memory Technology's average Book Value Per Share Growth Rate was 2.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 28.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 22.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AP Memory Technology was 64.20% per year. The lowest was -3.80% per year. And the median was 19.50% per year.
Back to Basics: PB Ratio
AP Memory Technology (TPE:6531) 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.
AP Memory Technology PB Ratio Related Terms
AP Memory Technology PB Ratio Historical Data
* Premium members only.
The historical data trend for AP Memory 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.
For the Semiconductors subindustry, AP Memory 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.
AP Memory Technology PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, AP Memory Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where AP Memory 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.
AP Memory Technology (TPE:6531) has a PB Ratio of 10.88 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 AP Memory Technology and its competitors. This is 153% above median its historical median of 4.30. Over the past decade, AP Memory Technology's PB Ratio has ranged from 1.11 to 20.79. According to the industry distribution chart, AP Memory Technology ranks #886 out of 998 companies in the Semiconductors industry, placing it in the top 88.8%.
Is AP Memory Technology's PB Ratio too high?
AP Memory Technology's current PB Ratio of 10.88 is 153% above median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 20.79. The Semiconductors industry median PB Ratio is 3.30. AP Memory Technology's value of 10.88 is 230.2% above this industry median. Based on the distribution chart, AP Memory Technology ranks #886 out of 998 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, AP Memory Technology has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AP Memory Technology's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, AP Memory Technology ranks #886 out of 998 companies for PB Ratio. This places AP Memory Technology in the lower half of its industry. The industry median PB Ratio is 3.30. AP Memory Technology's value of 10.88 is 230.2% above this benchmark. Historically, AP Memory Technology's own PB Ratio has ranged from 1.11 to 20.79 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 3.30, AP Memory 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 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. AP Memory Technology's current PB Ratio of 10.88 is 230.2% 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 AP Memory 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. AP Memory Technology's current PB Ratio is 10.88, which is 153% above median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AP Memory Technology stock overvalued right now?
Based on GuruFocus' analysis, AP Memory Technology (TPE:6531) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$607.83, compared to a current price of NT$819.00 — trading 34.7% above its estimated fair value. The current PB Ratio is 10.88, which is 153% above median its 10-year median of 4.30 and 230.2% above the Semiconductors industry median of 3.30. AP Memory Technology's overall GF Score™ is 82/100 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 AP Memory Technology (TPE:6531), the current PB Ratio is 10.88 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 AP Memory Technology (TPE:6531) Overvalued in 2026?
Based on GuruFocus' analysis, AP Memory Technology stock appears to be overvalued.
The current stock price of NT$819.00 is trading 34.7% above its estimated GF Value™ of NT$607.83.
GuruFocus considers AP Memory Technology to be Significantly Overvalued.
Key valuation signals for TPE:6531:
PB Ratio: 10.88 (153% above median its 10-year median of 4.30)
GF Value™: NT$607.83 vs. price of NT$819.00 (34.7% above fair value)
Industry Position: 230.2% above the Semiconductors median (#886 of 998)
No single metric tells the full story. See the TPE:6531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AP Memory Technology Corp is a memory IC design company. The company is engaged in the research, development, production, and sale of various integrated circuit (IC) products, and provides technical services related to the product design, research, and development. The company has two reportable segments: IOT Business Unit, which generates maximum revenue, is involved in the design, sales, and licensing of customized memory solutions; and the AI Business Unit, which is involved in the design, sales, and licensing of heterogeneous integrated chip solutions. Geographically, the company derives its key revenue from China, Taiwan, America, Europe, Singapore, Japan, and other regions.
82GF Score
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