Oxford InstrumentsOXINF +4.75%80 PB Ratio is 5.01 as of Jun. 29, 2026, which is 37% above its 10-year median of 3.67. GuruFocus rates OXINF with a GF Score™ of 80/100 and a GF Value™ of $27.12 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,417 Hardware companies, Oxford Instruments ranks worse than 74.14% on this metric.
Oxford Instruments PLC stock PB Ratio (=4.83) is close to 3-year high of 5.34.
The historical rank and industry rank for Oxford Instruments's PB Ratio or its related term are showing as below:
OXINF'
s PB Ratio Range Over the Past 10 Years
Min: 2.42 Med: 3.67 Max: 5.78
Current: 5.06
During the past 13 years, Oxford Instruments's highest PB Ratio was 5.78. The lowest was 2.42. And the median was 3.67.
OXINF's PB Ratio is ranked worse than 74.14% of 2417
companies
in the Hardware industry
Industry Median: 2.34
vs OXINF: 5.06
During the past 12 months, Oxford Instruments's average Book Value Per Share Growth Rate was -5.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Oxford Instruments was 31.90% per year. The lowest was -20.00% per year. And the median was 7.60% per year.
Back to Basics: PB Ratio
Oxford Instruments (OTCPK:OXINF) 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.
Oxford Instruments PB Ratio Related Terms
Oxford Instruments PB Ratio Historical Data
* Premium members only.
The historical data trend for Oxford Instruments'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 Scientific & Technical Instruments subindustry, Oxford Instruments'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.
Oxford Instruments PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Oxford Instruments's PB Ratio distribution charts can be found below:
* The bar in red indicates where Oxford Instruments'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.
Oxford Instruments (OXINF) has a PB Ratio of 5.01 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Oxford Instruments and its competitors. This is 37% above median its historical median of 3.67. Over the past decade, Oxford Instruments' PB Ratio has ranged from 2.42 to 5.78. According to the industry distribution chart, Oxford Instruments ranks #1792 out of 2417 companies in the Hardware industry, placing it in the top 74.1%.
Is Oxford Instruments' PB Ratio too high?
Oxford Instruments' current PB Ratio of 5.01 is 37% above median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 5.78. The Hardware industry median PB Ratio is 2.34. Oxford Instruments' value of 5.01 is 114.1% above this industry median. Based on the distribution chart, Oxford Instruments ranks #1792 out of 2417 companies in the Hardware industry, which is below the industry midpoint. Overall, Oxford Instruments has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oxford Instruments' PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Oxford Instruments ranks #1792 out of 2417 companies for PB Ratio. This places Oxford Instruments in the lower half of its industry. The industry median PB Ratio is 2.34. Oxford Instruments' value of 5.01 is 114.1% above this benchmark. Historically, Oxford Instruments' own PB Ratio has ranged from 2.42 to 5.78 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 2.34, Oxford Instruments 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 Hardware company?
The median PB Ratio among Hardware companies is 2.34, based on 2,417 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. Oxford Instruments's current PB Ratio of 5.01 is 114.1% 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 Oxford Instruments and its competitors. For the Hardware industry, the median PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oxford Instruments's current PB Ratio is 5.01, which is 37% above median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oxford Instruments stock overvalued right now?
Based on GuruFocus' analysis, Oxford Instruments (OXINF) is currently considered Significantly Overvalued. The stock's GF Value™ is $27.12, compared to a current price of $41.00 — trading 51.2% above its estimated fair value. The current PB Ratio is 5.01, which is 37% above median its 10-year median of 3.67 and 114.1% above the Hardware industry median of 2.34. Oxford Instruments' overall GF Score™ is 80/100 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 Oxford Instruments (OXINF), the current PB Ratio is 5.01 as of Jun. 29, 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 Oxford Instruments (OXINF) Overvalued in 2026?
Based on GuruFocus' analysis, Oxford Instruments stock appears to be overvalued.
The current stock price of $41.00 is trading 51.2% above its estimated GF Value™ of $27.12.
GuruFocus considers Oxford Instruments to be Significantly Overvalued.
Key valuation signals for OXINF:
PB Ratio: 5.01 (37% above median its 10-year median of 3.67)
GF Value™: $27.12 vs. price of $41.00 (51.2% above fair value)
Industry Position: 114.1% above the Hardware median (#1792 of 2417)
No single metric tells the full story. See the OXINF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oxford Instruments PLC is engaged in researching, developing, manufacturing, renting, selling, and servicing high-technology tools and systems. The company's operating segment includes Materials and Characterisation; Research and Discovery and Service and Healthcare. It generates maximum revenue from the Materials and Characterisation segment. The Materials and Characterisation segment focuses on applied R&D and commercial customers, enabling the fabrication and characterization of materials and devices down to the atomic scale. Geographically, it derives a majority of its revenue from Asia and also has a presence in Europe, North America, and the Rest of the World.
80GF Score
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