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Richardson ElectronicsRELL -4.90%62 PB Ratio is 1.61 as of Aug. 19, 2026, which is 83% above its 10-year median of 0.88. GuruFocus rates RELL with a GF Score™ of 62/100 and a GF Value™ of $11.80 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,418 Hardware companies, Richardson Electronics ranks better than 61.87% on this metric.
Richardson Electronics Ltd stock PB Ratio (=1.69) is close to 3-year high of 1.85.
The historical rank and industry rank for Richardson Electronics's PB Ratio or its related term are showing as below:
RELL'
s PB Ratio Range Over the Past 10 Years
Min: 0.39 Med: 0.88 Max: 2.62
Current: 1.61
During the past 13 years, Richardson Electronics's highest PB Ratio was 2.62. The lowest was 0.39. And the median was 0.88.
RELL's PB Ratio is ranked better than 61.87% of 2418
companies
in the Hardware industry
Industry Median: 2.295
vs RELL: 1.61
During the past 12 months, Richardson Electronics's average Book Value Per Share Growth Rate was 3.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Richardson Electronics was 23.70% per year. The lowest was -11.10% per year. And the median was -0.10% 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.
* 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, Richardson Electronics'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.
Richardson Electronics PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Richardson Electronics's PB Ratio distribution charts can be found below:
* The bar in red indicates where Richardson Electronics'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.
Richardson Electronics (RELL) has a PB Ratio of 1.61 as of Aug. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Richardson Electronics and its competitors. This is 83% above median its historical median of 0.88. Over the past decade, Richardson Electronics' PB Ratio has ranged from 0.39 to 2.62. According to the industry distribution chart, Richardson Electronics ranks #922 out of 2418 companies in the Hardware industry, placing it in the top 38.1%.
Is Richardson Electronics' PB Ratio too high?
Richardson Electronics' current PB Ratio of 1.61 is 83% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.62. The Hardware industry median PB Ratio is 2.30. Richardson Electronics' value of 1.61 is 29.8% below this industry median. Based on the distribution chart, Richardson Electronics ranks #922 out of 2418 companies in the Hardware industry, which is above the industry midpoint. Overall, Richardson Electronics has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Richardson Electronics' PB Ratio compare to OPTX and MPTI?
According to the Hardware industry distribution chart, Richardson Electronics ranks #922 out of 2418 companies for PB Ratio. This puts Richardson Electronics in the upper half of its industry. The industry median PB Ratio is 2.30. Richardson Electronics' value of 1.61 is 29.8% below this benchmark. Historically, Richardson Electronics' own PB Ratio has ranged from 0.39 to 2.62 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 2.30, Richardson Electronics 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 2.30, based on 2,418 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. Richardson Electronics's current PB Ratio of 1.61 is 29.8% 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 Richardson Electronics and its competitors. For the Hardware industry, the median PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Richardson Electronics's current PB Ratio is 1.61, which is 83% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Richardson Electronics stock overvalued right now?
Based on GuruFocus' analysis, Richardson Electronics (RELL) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.80, compared to a current price of $18.00 — trading 52.5% above its estimated fair value. The current PB Ratio is 1.61, which is 83% above median its 10-year median of 0.88 and 29.8% below the Hardware industry median of 2.30. Richardson Electronics' overall GF Score™ is 62/100 with 9 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 Richardson Electronics (RELL), the current PB Ratio is 1.61 as of Aug. 19, 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 Richardson Electronics (RELL) Overvalued in 2026?
Based on GuruFocus' analysis, Richardson Electronics stock appears to be overvalued.
The current stock price of $18.00 is trading 52.5% above its estimated GF Value™ of $11.80.
GuruFocus considers Richardson Electronics to be Significantly Overvalued.
Key valuation signals for RELL:
PB Ratio: 1.61 (83% above median its 10-year median of 0.88)
GF Value™: $11.80 vs. price of $18.00 (52.5% above fair value)
Industry Position: 29.8% below the Hardware median (#922 of 2418)
No single metric tells the full story. See the RELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Richardson Electronics Ltd provides engineered solutions, power grid, and microwave tubes and related consumables, power conversion, RF and microwave components, high-value flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment and customized display solutions. The company's segment includes Power and Microwave Technologies, Green Energy Solutions, Canvys, and Healthcare. The company generates the majority of its revenue from the Power and Microwave Technologies segment, which includes the power grid and microwave tube business and RF, Wireless and Power technologies.
62GF Score
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