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GigaDevice SemiconductorSHSE:603986 +2.02%83 PB Ratio is 10.50 as of Aug. 01, 2026, which is 21% above its 10-year median of 8.70. GuruFocus rates SHSE:603986 with a GF Score™ of 83/100 and a GF Value™ of ¥254.18 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 999 Semiconductors companies, GigaDevice Semiconductor ranks worse than 89.49% on this metric.
The historical rank and industry rank for GigaDevice Semiconductor's PB Ratio or its related term are showing as below:
SHSE:603986'
s PB Ratio Range Over the Past 10 Years
Min: 2.64 Med: 8.7 Max: 24.33
Current: 10.5
During the past 13 years, GigaDevice Semiconductor's highest PB Ratio was 24.33. The lowest was 2.64. And the median was 8.70.
SHSE:603986's PB Ratio is ranked worse than 89.49% of 999
companies
in the Semiconductors industry
Industry Median: 2.84
vs SHSE:603986: 10.50
During the past 12 months, GigaDevice Semiconductor's average Book Value Per Share Growth Rate was 42.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 37.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of GigaDevice Semiconductor was 81.00% per year. The lowest was 7.10% per year. And the median was 37.45% 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.
SHSE:603986 vs NVDA, AVGO, MU: PB Ratio Comparison
For the Semiconductors subindustry, GigaDevice Semiconductor'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.
GigaDevice Semiconductor PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, GigaDevice Semiconductor's PB Ratio distribution charts can be found below:
* The bar in red indicates where GigaDevice Semiconductor'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.
GigaDevice Semiconductor (SHSE:603986) has a PB Ratio of 10.50 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on GigaDevice Semiconductor and its competitors. This is 21% above median its historical median of 8.70. Over the past decade, GigaDevice Semiconductor's PB Ratio has ranged from 2.64 to 24.33. According to the industry distribution chart, GigaDevice Semiconductor ranks #894 out of 999 companies in the Semiconductors industry, placing it in the top 89.5%.
Is GigaDevice Semiconductor's PB Ratio too high?
GigaDevice Semiconductor's current PB Ratio of 10.50 is 21% above median its 10-year median of 8.70. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 24.33. The Semiconductors industry median PB Ratio is 2.84. GigaDevice Semiconductor's value of 10.50 is 269.7% above this industry median. Based on the distribution chart, GigaDevice Semiconductor ranks #894 out of 999 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, GigaDevice Semiconductor has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GigaDevice Semiconductor's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, GigaDevice Semiconductor ranks #894 out of 999 companies for PB Ratio. This places GigaDevice Semiconductor in the lower half of its industry. The industry median PB Ratio is 2.84. GigaDevice Semiconductor's value of 10.50 is 269.7% above this benchmark. Historically, GigaDevice Semiconductor's own PB Ratio has ranged from 2.64 to 24.33 over the past decade. While the company's 10-year median is 8.70 vs. the industry median of 2.84, GigaDevice Semiconductor 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 2.84, based on 999 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. GigaDevice Semiconductor's current PB Ratio of 10.50 is 269.7% 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 GigaDevice Semiconductor and its competitors. For the Semiconductors industry, the median PB Ratio is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GigaDevice Semiconductor's current PB Ratio is 10.50, which is 21% above median its own 10-year median of 8.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GigaDevice Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, GigaDevice Semiconductor (SHSE:603986) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥254.18, compared to a current price of ¥378.60 — trading 48.9% above its estimated fair value. The current PB Ratio is 10.50, which is 21% above median its 10-year median of 8.70 and 269.7% above the Semiconductors industry median of 2.84. GigaDevice Semiconductor's overall GF Score™ is 83/100 with 5 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 GigaDevice Semiconductor (SHSE:603986), the current PB Ratio is 10.50 as of Aug. 01, 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 GigaDevice Semiconductor (SHSE:603986) Overvalued in 2026?
Based on GuruFocus' analysis, GigaDevice Semiconductor stock appears to be overvalued.
The current stock price of ¥378.60 is trading 48.9% above its estimated GF Value™ of ¥254.18.
GuruFocus considers GigaDevice Semiconductor to be Significantly Overvalued.
Key valuation signals for SHSE:603986:
PB Ratio: 10.50 (21% above median its 10-year median of 8.70)
GF Value™: ¥254.18 vs. price of ¥378.60 (48.9% above fair value)
Industry Position: 269.7% above the Semiconductors median (#894 of 999)
No single metric tells the full story. See the SHSE:603986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GigaDevice Semiconductor Inc is engaged in the domestic storage and Internet of Things (IoT) chip industry. Its product portfolio comprises of flash memories and microcontrollers. Some of its products are SPI NOR flash, SPI NAND flash, and ARM Cortex-M3, among others. The products are for use in embedded, consumer, and mobile communications applications.
83GF Score
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