LasertecLSRCY -2.93%94 PB Ratio is 19.55 as of Jun. 25, 2026, which is 40% above its 10-year median of 13.96. GuruFocus rates LSRCY with a GF Score™ of 94/100 and a GF Value™ of $38.02 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,000 Semiconductors companies, Lasertec 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 (2026-06-25), Lasertec's share price is $62.00. Lasertec's Book Value per Share for the quarter that ended in Mar. 2026 was $3.17. Hence, Lasertec's PB Ratio of today is 19.55.
Warning Sign:
Lasertec Corp stock PB Ratio (=21.9) is close to 1-year high of 21.9.
The historical rank and industry rank for Lasertec's PB Ratio or its related term are showing as below:
LSRCY'
s PB Ratio Range Over the Past 10 Years
Min: 1.29 Med: 13.96 Max: 60.17
Current: 19.08
During the past 13 years, Lasertec's highest PB Ratio was 60.17. The lowest was 1.29. And the median was 13.96.
LSRCY's PB Ratio is ranked worse than 93.3% of 1000
companies
in the Semiconductors industry
Industry Median: 3.835
vs LSRCY: 19.08
During the past 12 months, Lasertec's average Book Value Per Share Growth Rate was 27.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 42.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 40.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 27.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lasertec was 42.40% per year. The lowest was 0.50% per year. And the median was 11.90% 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.
Lasertec PB Ratio Related Terms
Lasertec PB Ratio Historical Data
* Premium members only.
The historical data trend for Lasertec'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 Semiconductor Equipment & Materials subindustry, Lasertec'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.
Lasertec PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Lasertec's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lasertec'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.
Lasertec'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.
Lasertec (LSRCY) has a PB Ratio of 19.55 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 Lasertec and its competitors. This is 40% above median its historical median of 13.96. Over the past decade, Lasertec's PB Ratio has ranged from 1.29 to 60.17. According to the industry distribution chart, Lasertec ranks #933 out of 1000 companies in the Semiconductors industry, placing it in the top 93.3%.
Is Lasertec's PB Ratio too high?
Lasertec's current PB Ratio of 19.55 is 40% above median its 10-year median of 13.96. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 60.17. The Semiconductors industry median PB Ratio is 3.84. Lasertec's value of 19.55 is 409.8% above this industry median. Based on the distribution chart, Lasertec ranks #933 out of 1000 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Lasertec has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lasertec's PB Ratio compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Lasertec ranks #933 out of 1000 companies for PB Ratio. This places Lasertec in the lower half of its industry. The industry median PB Ratio is 3.84. Lasertec's value of 19.55 is 409.8% above this benchmark. Historically, Lasertec's own PB Ratio has ranged from 1.29 to 60.17 over the past decade. While the company's 10-year median is 13.96 vs. the industry median of 3.84, Lasertec 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 3.84, 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. Lasertec's current PB Ratio of 19.55 is 409.8% 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 Lasertec and its competitors. For the Semiconductors industry, the median PB Ratio is 3.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lasertec's current PB Ratio is 19.55, which is 40% above median its own 10-year median of 13.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lasertec stock overvalued right now?
Based on GuruFocus' analysis, Lasertec (LSRCY) is currently considered Significantly Overvalued. The stock's GF Value™ is $38.02, compared to a current price of $62.00 — trading 63.1% above its estimated fair value. The current PB Ratio is 19.55, which is 40% above median its 10-year median of 13.96 and 409.8% above the Semiconductors industry median of 3.84. Lasertec's overall GF Score™ is 94/100 with 6 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 Lasertec (LSRCY), the current PB Ratio is 19.55 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 Lasertec (LSRCY) Overvalued in 2026?
Based on GuruFocus' analysis, Lasertec stock appears to be overvalued.
The current stock price of $62.00 is trading 63.1% above its estimated GF Value™ of $38.02.
GuruFocus considers Lasertec to be Significantly Overvalued.
Key valuation signals for LSRCY:
PB Ratio: 19.55 (40% above median its 10-year median of 13.96)
GF Value™: $38.02 vs. price of $62.00 (63.1% above fair value)
Industry Position: 409.8% above the Semiconductors median (#933 of 1000)
No single metric tells the full story. See the LSRCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lasertec Corp is a Japan-based company mainly engaged in the design, manufacture, and sale of inspection and measurement equipment. The company focuses on providing optical inspection systems and related technologies. The company's main products include semiconductor-related equipment such as photomasks and wafer inspection or measurement systems, SiC wafer inspection equipment for the energy and environment sector, FPD photomask inspection systems, and hybrid laser microscopes.
94GF Score
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