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Leader ElectronicsTSE:6867 +1.21%61 PB Ratio is 0.50 as of Jul. 22, 2026, which is 15% below its 10-year median of 0.59. GuruFocus rates TSE:6867 with a GF Score™ of 61/100 and a GF Value™ of 円510.58 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,418 Hardware companies, Leader Electronics ranks better than 92.68% on this metric.
The historical rank and industry rank for Leader Electronics's PB Ratio or its related term are showing as below:
TSE:6867'
s PB Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.59 Max: 1.66
Current: 0.5
During the past 13 years, Leader Electronics's highest PB Ratio was 1.66. The lowest was 0.28. And the median was 0.59.
TSE:6867's PB Ratio is ranked better than 92.68% of 2418
companies
in the Hardware industry
Industry Median: 2.205
vs TSE:6867: 0.50
During the past 12 months, Leader Electronics's average Book Value Per Share Growth Rate was -10.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Leader Electronics was 7.40% per year. The lowest was -17.40% per year. And the median was -1.75% per year.
Back to Basics: PB Ratio
Leader Electronics (TSE:6867) 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.
Leader Electronics PB Ratio Related Terms
Leader Electronics PB Ratio Historical Data
* Premium members only.
The historical data trend for Leader Electronics'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 Scientific & Technical Instruments subindustry, Leader Electronics'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.
Leader Electronics PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Leader Electronics's PB Ratio distribution charts can be found below:
* The bar in red indicates where Leader Electronics'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.
Leader Electronics (TSE:6867) has a PB Ratio of 0.50 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Leader Electronics and its competitors. This is 15% below median its historical median of 0.59. Over the past decade, Leader Electronics' PB Ratio has ranged from 0.28 to 1.66. According to the industry distribution chart, Leader Electronics ranks #177 out of 2418 companies in the Hardware industry, placing it in the top 7.3%.
Is Leader Electronics' PB Ratio too high?
Leader Electronics' current PB Ratio of 0.50 is 15% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.66. The Hardware industry median PB Ratio is 2.21. Leader Electronics' value of 0.50 is 77.3% below this industry median. Based on the distribution chart, Leader Electronics ranks #177 out of 2418 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Leader Electronics has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leader Electronics' PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Leader Electronics ranks #177 out of 2418 companies for PB Ratio. This places Leader Electronics in the top 7% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.21. Leader Electronics' value of 0.50 is 77.3% below this benchmark. Historically, Leader Electronics' own PB Ratio has ranged from 0.28 to 1.66 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 2.21, Leader Electronics 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 2.21, 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. Leader Electronics's current PB Ratio of 0.50 is 77.3% 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 Leader Electronics 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. Leader Electronics's current PB Ratio is 0.50, which is 15% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Electronics stock overvalued right now?
Based on GuruFocus' analysis, Leader Electronics (TSE:6867) is currently considered Modestly Undervalued. The stock's GF Value™ is 円510.58, compared to a current price of 円419.00 — trading 17.9% below its estimated fair value. The current PB Ratio is 0.50, which is 15% below median its 10-year median of 0.59 and 77.3% below the Hardware industry median of 2.21. Leader Electronics' overall GF Score™ is 61/100 with 5 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 Leader Electronics (TSE:6867), the current PB Ratio is 0.50 as of Jul. 22, 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 Leader Electronics (TSE:6867) Overvalued in 2026?
Based on GuruFocus' analysis, Leader Electronics stock appears to be undervalued.
The current stock price of 円419.00 is trading 17.9% below its estimated GF Value™ of 円510.58.
GuruFocus considers Leader Electronics to be Modestly Undervalued.
Key valuation signals for TSE:6867:
PB Ratio: 0.50 (15% below median its 10-year median of 0.59)
GF Value™: 円510.58 vs. price of 円419.00 (17.9% below fair value)
Industry Position: 77.3% below the Hardware median (#177 of 2418)
No single metric tells the full story. See the TSE:6867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leader Electronics Corp is engaged in the research, development, manufacturing, and sales of electronic measuring instruments, including those for broadcasting stations, manufacturers of professional video-related equipment, and signal monitoring during live broadcasts of sporting events.
61GF Score
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