Credo Technology Group HoldingCRDO -2.96%84 PB Ratio is 23.16 as of Jul. 11, 2026, which is 189% above its 10-year median of 8.02. GuruFocus rates CRDO with a GF Score™ of 84/100 and a GF Value™ of $210.37 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 996 Semiconductors companies, Credo Technology Group Holding ranks worse than 95.28% on this metric.
The historical rank and industry rank for Credo Technology Group Holding's PB Ratio or its related term are showing as below:
CRDO'
s PB Ratio Range Over the Past 10 Years
Min: 3.26 Med: 8.02 Max: 37.52
Current: 23.16
During the past 7 years, Credo Technology Group Holding's highest PB Ratio was 37.52. The lowest was 3.26. And the median was 8.02.
CRDO's PB Ratio is ranked worse than 95.28% of 996
companies
in the Semiconductors industry
Industry Median: 3.615
vs CRDO: 23.16
During the past 12 months, Credo Technology Group Holding's average Book Value Per Share Growth Rate was 179.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 68.20% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Credo Technology Group Holding was 68.20% per year. The lowest was 19.90% per year. And the median was 44.05% per year.
Back to Basics: PB Ratio
Credo Technology Group Holding (NAS:CRDO) 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.
Credo Technology Group Holding PB Ratio Related Terms
Credo Technology Group Holding 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 Semiconductors subindustry, Credo Technology Group Holding'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.
Credo Technology Group Holding PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Credo Technology Group Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where Credo Technology Group Holding's PB Ratio falls into.
Credo Technology Group Holding PB Ratio Calculation
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.
Credo Technology Group Holding (CRDO) has a PB Ratio of 23.16 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Credo Technology Group Holding and its competitors. This is 189% above median its historical median of 8.02. Over the past decade, Credo Technology Group Holding's PB Ratio has ranged from 3.26 to 37.52. According to the industry distribution chart, Credo Technology Group Holding ranks #949 out of 996 companies in the Semiconductors industry, placing it in the top 95.3%.
Is Credo Technology Group Holding's PB Ratio too high?
Credo Technology Group Holding's current PB Ratio of 23.16 is 189% above median its 10-year median of 8.02. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 37.52. The Semiconductors industry median PB Ratio is 3.62. Credo Technology Group Holding's value of 23.16 is 540.7% above this industry median. Based on the distribution chart, Credo Technology Group Holding ranks #949 out of 996 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Credo Technology Group Holding has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Credo Technology Group Holding's PB Ratio compare to GFS and MCHP?
According to the Semiconductors industry distribution chart, Credo Technology Group Holding ranks #949 out of 996 companies for PB Ratio. This places Credo Technology Group Holding in the lower half of its industry. The industry median PB Ratio is 3.62. Credo Technology Group Holding's value of 23.16 is 540.7% above this benchmark. Historically, Credo Technology Group Holding's own PB Ratio has ranged from 3.26 to 37.52 over the past decade. While the company's 10-year median is 8.02 vs. the industry median of 3.62, Credo Technology Group Holding 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 3.62, based on 996 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. Credo Technology Group Holding's current PB Ratio of 23.16 is 540.7% 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 Credo Technology Group Holding and its competitors. For the Semiconductors industry, the median PB Ratio is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credo Technology Group Holding's current PB Ratio is 23.16, which is 189% above median its own 10-year median of 8.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credo Technology Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Credo Technology Group Holding (CRDO) is currently considered Modestly Overvalued. The stock's GF Value™ is $210.37, compared to a current price of $257.79 — trading 22.5% above its estimated fair value. The current PB Ratio is 23.16, which is 189% above median its 10-year median of 8.02 and 540.7% above the Semiconductors industry median of 3.62. Credo Technology Group Holding's overall GF Score™ is 84/100 with 4 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 Credo Technology Group Holding (CRDO), the current PB Ratio is 23.16 as of Jul. 11, 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 Credo Technology Group Holding (CRDO) Overvalued in 2026?
Based on GuruFocus' analysis, Credo Technology Group Holding stock appears to be overvalued.
The current stock price of $257.79 is trading 22.5% above its estimated GF Value™ of $210.37.
GuruFocus considers Credo Technology Group Holding to be Modestly Overvalued.
Key valuation signals for CRDO:
PB Ratio: 23.16 (189% above median its 10-year median of 8.02)
GF Value™: $210.37 vs. price of $257.79 (22.5% above fair value)
Industry Position: 540.7% above the Semiconductors median (#949 of 996)
No single metric tells the full story. See the CRDO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Credo Technology Group Holding Business Description
Credo Technology Group Holding Ltd provides connectivity solutions for AI-driven applications, cloud computing, and hyperscale networks. Its high-speed copper and optical interconnect products support data infrastructure demands. The Company's product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs), ZF optical transceivers, OmniConnect memory solutions, and retimers and DSPs for optical and copper Ethernet and PCIe, leveraging the PILOT diagnostic and analytics software platform. Its products are based on Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies and include integrated circuits (ICs), Active Electrical Cables (AECs), SerDes Chiplets, and SerDes IP licensing solutions. The United States generates the maximum revenue.
84GF Score
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