Alps Alpine CoAPELY +0.58%65 PB Ratio is 0.90 as of Jun. 25, 2026, which is 1% above its 10-year median of 0.89. GuruFocus rates APELY with a GF Score™ of 65/100 and a GF Value™ of $21.80 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,412 Hardware companies, Alps Alpine Co ranks better than 81.63% on this metric.
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. As of today (2026-06-25), Alps Alpine Co's share price is $25.90. Alps Alpine Co's Book Value per Share for the quarter that ended in Dec. 2025 was $28.91. Hence, Alps Alpine Co's PB Ratio of today is 0.90.
Warning Sign:
Alps Alpine Co Ltd stock PB Ratio (=0.95) is close to 5-year high of 1.04.
The historical rank and industry rank for Alps Alpine Co's PB Ratio or its related term are showing as below:
APELY'
s PB Ratio Range Over the Past 10 Years
Min: 0.5 Med: 0.89 Max: 2.75
Current: 0.94
During the past 13 years, Alps Alpine Co's highest PB Ratio was 2.75. The lowest was 0.50. And the median was 0.89.
APELY's PB Ratio is ranked better than 81.63% of 2412
companies
in the Hardware industry
Industry Median: 2.42
vs APELY: 0.94
During the past 12 months, Alps Alpine Co's average Book Value Per Share Growth Rate was 13.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alps Alpine Co was 21.40% per year. The lowest was -17.70% per year. And the median was 5.90% per year.
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.
Alps Alpine Co PB Ratio Related Terms
Alps Alpine Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Alps Alpine Co'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 Electronic Components subindustry, Alps Alpine 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.
Alps Alpine Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Alps Alpine Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Alps Alpine 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.
Alps Alpine Co's PB Ratio for today is calculated as follows:
* 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.
Alps Alpine Co (APELY) has a PB Ratio of 0.90 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Alps Alpine Co and its competitors. This is near median its historical median of 0.89. Over the past decade, Alps Alpine Co's PB Ratio has ranged from 0.50 to 2.75. According to the industry distribution chart, Alps Alpine Co ranks #443 out of 2412 companies in the Hardware industry, placing it in the top 18.4%.
Is Alps Alpine Co's PB Ratio too high?
Alps Alpine Co's current PB Ratio of 0.90 is near median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 2.75. The Hardware industry median PB Ratio is 2.42. Alps Alpine Co's value of 0.90 is 62.8% below this industry median. Based on the distribution chart, Alps Alpine Co ranks #443 out of 2412 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Alps Alpine Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alps Alpine Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Alps Alpine Co ranks #443 out of 2412 companies for PB Ratio. This places Alps Alpine Co in the top 18% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.42. Alps Alpine Co's value of 0.90 is 62.8% below this benchmark. Historically, Alps Alpine Co's own PB Ratio has ranged from 0.50 to 2.75 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 2.42, Alps Alpine 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 2.42, based on 2,412 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. Alps Alpine Co's current PB Ratio of 0.90 is 62.8% 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 Alps Alpine Co and its competitors. For the Hardware industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alps Alpine Co's current PB Ratio is 0.90, which is near median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alps Alpine Co stock overvalued right now?
Based on GuruFocus' analysis, Alps Alpine Co (APELY) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.80, compared to a current price of $25.90 — trading 18.8% above its estimated fair value. The current PB Ratio is 0.90, which is near median its 10-year median of 0.89 and 62.8% below the Hardware industry median of 2.42. Alps Alpine Co's overall GF Score™ is 65/100 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 Alps Alpine Co (APELY), the current PB Ratio is 0.90 as of Jun. 25, 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 Alps Alpine Co (APELY) Overvalued in 2026?
Based on GuruFocus' analysis, Alps Alpine Co stock appears to be overvalued.
The current stock price of $25.90 is trading 18.8% above its estimated GF Value™ of $21.80.
GuruFocus considers Alps Alpine Co to be Modestly Overvalued.
Key valuation signals for APELY:
PB Ratio: 0.90 (near median its 10-year median of 0.89)
GF Value™: $21.80 vs. price of $25.90 (18.8% above fair value)
Industry Position: 62.8% below the Hardware median (#443 of 2412)
No single metric tells the full story. See the APELY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alps Alpine Co Ltd is a Japan-based company mainly engaged in businesses related to the components, sensors and communications, and modules and systems businesses. The company operates through three segments. The Component segment manufactures and sells electronic components such as switches, actuators, and haptics. The Module/System segment provides automotive modules, infotainment systems, displays, and related services. The Sensor Communication segment handles sensors and communication devices. The Others segment includes system development, office services, screws, as well as finance and leasing businesses. It generates the majority of its revenue from the Module/System business segment.
65GF Score
Get the complete analysis for APELY
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
APELY has been successfully added to your 
