Advanced Energy IndustriesAEIS -7.21%76 PB Ratio is 9.56 as of Jun. 28, 2026, which is 152% above its 10-year median of 3.80. GuruFocus rates AEIS with a GF Score™ of 76/100 and a GF Value™ of $134.18 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,986 Industrial Products companies, Advanced Energy Industries ranks worse than 92.13% on this metric.
The historical rank and industry rank for Advanced Energy Industries's PB Ratio or its related term are showing as below:
AEIS'
s PB Ratio Range Over the Past 10 Years
Min: 2.04 Med: 3.8 Max: 10.69
Current: 9.56
During the past 13 years, Advanced Energy Industries's highest PB Ratio was 10.69. The lowest was 2.04. And the median was 3.80.
AEIS's PB Ratio is ranked worse than 92.13% of 2986
companies
in the Industrial Products industry
Industry Median: 2.27
vs AEIS: 9.56
During the past 12 months, Advanced Energy Industries's average Book Value Per Share Growth Rate was 12.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Advanced Energy Industries was 36.50% per year. The lowest was -14.90% per year. And the median was 12.15% per year.
Back to Basics: PB Ratio
Advanced Energy Industries (NAS:AEIS) 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.
Advanced Energy Industries PB Ratio Related Terms
Advanced Energy Industries 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, Advanced Energy Industries'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.
Advanced Energy Industries PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Advanced Energy Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Advanced Energy Industries'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.
Advanced Energy Industries (AEIS) has a PB Ratio of 9.56 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Advanced Energy Industries and its competitors. This is 152% above median its historical median of 3.80. Over the past decade, Advanced Energy Industries' PB Ratio has ranged from 2.04 to 10.69. According to the industry distribution chart, Advanced Energy Industries ranks #2751 out of 2986 companies in the Industrial Products industry, placing it in the top 92.1%.
Is Advanced Energy Industries' PB Ratio too high?
Advanced Energy Industries' current PB Ratio of 9.56 is 152% above median its 10-year median of 3.80. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 10.69. The Industrial Products industry median PB Ratio is 2.27. Advanced Energy Industries' value of 9.56 is 321.1% above this industry median. Based on the distribution chart, Advanced Energy Industries ranks #2751 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Advanced Energy Industries has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Energy Industries' PB Ratio compare to FPS and POWL?
According to the Industrial Products industry distribution chart, Advanced Energy Industries ranks #2751 out of 2986 companies for PB Ratio. This places Advanced Energy Industries in the lower half of its industry. The industry median PB Ratio is 2.27. Advanced Energy Industries' value of 9.56 is 321.1% above this benchmark. Historically, Advanced Energy Industries' own PB Ratio has ranged from 2.04 to 10.69 over the past decade. While the company's 10-year median is 3.80 vs. the industry median of 2.27, Advanced Energy Industries 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 2.27, based on 2,986 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. Advanced Energy Industries's current PB Ratio of 9.56 is 321.1% 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 Advanced Energy Industries and its competitors. For the Industrial Products industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Energy Industries's current PB Ratio is 9.56, which is 152% above median its own 10-year median of 3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Energy Industries stock overvalued right now?
Based on GuruFocus' analysis, Advanced Energy Industries (AEIS) is currently considered Significantly Overvalued. The stock's GF Value™ is $134.18, compared to a current price of $348.12 — trading 159.4% above its estimated fair value. The current PB Ratio is 9.56, which is 152% above median its 10-year median of 3.80 and 321.1% above the Industrial Products industry median of 2.27. Advanced Energy Industries' overall GF Score™ is 76/100 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 Advanced Energy Industries (AEIS), the current PB Ratio is 9.56 as of Jun. 28, 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 Advanced Energy Industries (AEIS) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Energy Industries stock appears to be overvalued.
The current stock price of $348.12 is trading 159.4% above its estimated GF Value™ of $134.18.
GuruFocus considers Advanced Energy Industries to be Significantly Overvalued.
Key valuation signals for AEIS:
PB Ratio: 9.56 (152% above median its 10-year median of 3.80)
GF Value™: $134.18 vs. price of $348.12 (159.4% above fair value)
Industry Position: 321.1% above the Industrial Products median (#2751 of 2986)
No single metric tells the full story. See the AEIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advanced Energy Industries Inc provides precision power conversion, measurement, and control solutions. The company designs, manufactures, sells, and services power electronics conversion products that transform raw electrical power into controllable, usable power for complex equipment. It operates in one reporting segment, Power Electronics Conversion Products, serving the Semiconductor Equipment, Data Center Computing, Industrial and Medical, and Telecom and Networking markets. Its products include Plasma Power Products, AC-DC Power Supply Units, DC-DC Converters, High Voltage solutions, SCR Power Controllers, and Sense and Measurement solutions. The company operates in the United States, Asia, Europe, and other regions.
76GF Score
Get the complete analysis for AEIS
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AEIS has been successfully added to your 
