BroadcomAVGO -3.67%96 PB Ratio is 19.81 as of Jun. 27, 2026, which is 143% above its 10-year median of 8.14. GuruFocus rates AVGO with a GF Score™ of 96/100 and a GF Value™ of $309.45 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,000 Semiconductors companies, Broadcom ranks worse than 93.3% 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 (2026-06-27), Broadcom's share price is $365.02. Broadcom's Book Value per Share for the quarter that ended in Apr. 2026 was $18.43. Hence, Broadcom's PB Ratio of today is 19.81.
Good Sign:
Broadcom Inc stock PB Ratio (=19.81) is close to 1-year low of 17.83.
The historical rank and industry rank for Broadcom's PB Ratio or its related term are showing as below:
AVGO'
s PB Ratio Range Over the Past 10 Years
Min: 2.75 Med: 8.14 Max: 25.07
Current: 19.81
During the past 13 years, Broadcom's highest PB Ratio was 25.07. The lowest was 2.75. And the median was 8.14.
AVGO's PB Ratio is ranked worse than 93.3% of 1000
companies
in the Semiconductors industry
Industry Median: 3.765
vs AVGO: 19.81
During the past 12 months, Broadcom's average Book Value Per Share Growth Rate was 24.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 46.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 25.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Broadcom was 60.00% per year. The lowest was -4.60% per year. And the median was 25.70% 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.
Broadcom PB Ratio Related Terms
Broadcom PB Ratio Historical Data
* Premium members only.
The historical data trend for Broadcom'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, Broadcom'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.
Broadcom PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Broadcom's PB Ratio distribution charts can be found below:
* The bar in red indicates where Broadcom'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.
Broadcom'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.
Broadcom (AVGO) has a PB Ratio of 19.81 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Broadcom and its competitors. This is 143% above median its historical median of 8.14. Over the past decade, Broadcom's PB Ratio has ranged from 2.75 to 25.07. According to the industry distribution chart, Broadcom ranks #933 out of 1000 companies in the Semiconductors industry, placing it in the top 93.3%.
Is Broadcom's PB Ratio too high?
Broadcom's current PB Ratio of 19.81 is 143% above median its 10-year median of 8.14. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 25.07. The Semiconductors industry median PB Ratio is 3.77. Broadcom's value of 19.81 is 426.2% above this industry median. Based on the distribution chart, Broadcom ranks #933 out of 1000 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Broadcom has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Broadcom's PB Ratio compare to MU and AMD?
According to the Semiconductors industry distribution chart, Broadcom ranks #933 out of 1000 companies for PB Ratio. This places Broadcom in the lower half of its industry. The industry median PB Ratio is 3.77. Broadcom's value of 19.81 is 426.2% above this benchmark. Historically, Broadcom's own PB Ratio has ranged from 2.75 to 25.07 over the past decade. While the company's 10-year median is 8.14 vs. the industry median of 3.77, Broadcom 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 3.77, based on 1,000 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. Broadcom's current PB Ratio of 19.81 is 426.2% 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 Broadcom and its competitors. For the Semiconductors industry, the median PB Ratio is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadcom's current PB Ratio is 19.81, which is 143% above median its own 10-year median of 8.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadcom stock overvalued right now?
Based on GuruFocus' analysis, Broadcom (AVGO) is currently considered Modestly Overvalued. The stock's GF Value™ is $309.45, compared to a current price of $365.02 — trading 18% above its estimated fair value. The current PB Ratio is 19.81, which is 143% above median its 10-year median of 8.14 and 426.2% above the Semiconductors industry median of 3.77. Broadcom's overall GF Score™ is 96/100 with 2 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 Broadcom (AVGO), the current PB Ratio is 19.81 as of Jun. 27, 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 Broadcom (AVGO) Overvalued in 2026?
Based on GuruFocus' analysis, Broadcom stock appears to be overvalued.
The current stock price of $365.02 is trading 18% above its estimated GF Value™ of $309.45.
GuruFocus considers Broadcom to be Modestly Overvalued.
Key valuation signals for AVGO:
PB Ratio: 19.81 (143% above median its 10-year median of 8.14)
GF Value™: $309.45 vs. price of $365.02 (18% above fair value)
Industry Position: 426.2% above the Semiconductors median (#933 of 1000)
No single metric tells the full story. See the AVGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Broadcom is one of the largest semiconductor companies in the world and has also expanded into infrastructure software. Its semiconductors primarily serve computing and networking, with custom AI accelerators now accounting for the bulk of the business. It is primarily a fabless designer, but holds some manufacturing in-house, such as for its best-of-breed film bulk acoustic resonator filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments. Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as VMware, Brocade, CA Technologies, and Symantec in software.
96GF Score
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