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Top Bright Holding CoTPE:8499 +5.23%88 PB Ratio is 1.52 as of Jul. 16, 2026, which is 19% below its 10-year median of 1.88. GuruFocus rates TPE:8499 with a GF Score™ of 88/100 and a GF Value™ of NT$221.12 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,419 Hardware companies, Top Bright Holding Co ranks better than 66.76% on this metric.
The historical rank and industry rank for Top Bright Holding Co's PB Ratio or its related term are showing as below:
TPE:8499'
s PB Ratio Range Over the Past 10 Years
Min: 0.59 Med: 1.88 Max: 8.37
Current: 1.52
During the past 13 years, Top Bright Holding Co's highest PB Ratio was 8.37. The lowest was 0.59. And the median was 1.88.
TPE:8499's PB Ratio is ranked better than 66.76% of 2419
companies
in the Hardware industry
Industry Median: 2.31
vs TPE:8499: 1.52
During the past 12 months, Top Bright Holding Co's average Book Value Per Share Growth Rate was 1.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 24.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 26.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Top Bright Holding Co was 58.50% per year. The lowest was 3.60% per year. And the median was 23.90% per year.
Back to Basics: PB Ratio
Top Bright Holding Co (TPE:8499) 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, Top Bright Holding Co'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.
Top Bright Holding Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Top Bright Holding Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Top Bright Holding Co'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.
Top Bright Holding Co (TPE:8499) has a PB Ratio of 1.52 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Top Bright Holding Co and its competitors. This is 19% below median its historical median of 1.88. Over the past decade, Top Bright Holding Co's PB Ratio has ranged from 0.59 to 8.37. According to the industry distribution chart, Top Bright Holding Co ranks #804 out of 2419 companies in the Hardware industry, placing it in the top 33.2%.
Is Top Bright Holding Co's PB Ratio too high?
Top Bright Holding Co's current PB Ratio of 1.52 is 19% below median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 8.37. The Hardware industry median PB Ratio is 2.31. Top Bright Holding Co's value of 1.52 is 34.2% below this industry median. Based on the distribution chart, Top Bright Holding Co ranks #804 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, Top Bright Holding Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Top Bright Holding Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Top Bright Holding Co ranks #804 out of 2419 companies for PB Ratio. This puts Top Bright Holding Co in the upper half of its industry. The industry median PB Ratio is 2.31. Top Bright Holding Co's value of 1.52 is 34.2% below this benchmark. Historically, Top Bright Holding Co's own PB Ratio has ranged from 0.59 to 8.37 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 2.31, Top Bright Holding Co 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 2.31, based on 2,419 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. Top Bright Holding Co's current PB Ratio of 1.52 is 34.2% 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 Top Bright Holding Co and its competitors. For the Hardware industry, the median PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Bright Holding Co's current PB Ratio is 1.52, which is 19% below median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Bright Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Top Bright Holding Co (TPE:8499) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$221.12, compared to a current price of NT$302.00 — trading 36.6% above its estimated fair value. The current PB Ratio is 1.52, which is 19% below median its 10-year median of 1.88 and 34.2% below the Hardware industry median of 2.31. Top Bright Holding Co's overall GF Score™ is 88/100 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 Top Bright Holding Co (TPE:8499), the current PB Ratio is 1.52 as of Jul. 16, 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 Top Bright Holding Co (TPE:8499) Overvalued in 2026?
Based on GuruFocus' analysis, Top Bright Holding Co stock appears to be overvalued.
The current stock price of NT$302.00 is trading 36.6% above its estimated GF Value™ of NT$221.12.
GuruFocus considers Top Bright Holding Co to be Significantly Overvalued.
Key valuation signals for TPE:8499:
PB Ratio: 1.52 (19% below median its 10-year median of 1.88)
GF Value™: NT$221.12 vs. price of NT$302.00 (36.6% above fair value)
Industry Position: 34.2% below the Hardware median (#804 of 2419)
No single metric tells the full story. See the TPE:8499 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top Bright Holding Co Ltd is a Taiwan-based company engaged in the research, manufacture, and sale of electronic weighing and electronic materials. The company operates through two segments namely Electronic Materials Department and The Scales Department. It generates maximum revenue from the Electronic Material segment. The company's products include Conductive tape, Conductive foam, Conductive film, Insulation Tape, Shock-absorbing sealing material, Thermal interface material, Smart Barcode Scale, Smart weighing instrument, Traceability scale, and others. Geographically, it derives a majority of its revenue from China and also has a presence in Asia, Europe, America, Africa, and Oceania.
88GF Score
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