Advanced Micro-fabrication Equipment (SHSE:688012) PB Ratio: 16.70 (As of Jul. 11, 2026) — 151% Above Median


SHSE:688012 Advanced Micro-fabrication Equipment Inc SHSE:688012
86 GF Score
Price ¥434.51
GF Value ¥230.86
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Advanced Micro-fabrication Equipment PB Ratio?

Advanced Micro-fabrication Equipment SHSE:688012 -7.86% 86 PB Ratio is 16.70 as of Jul. 11, 2026, which is 151% above its 10-year median of 6.66. GuruFocus rates SHSE:688012 with a GF Score™ of 86/100 and a GF Value™ of ¥230.86 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 996 Semiconductors companies, Advanced Micro-fabrication Equipment ranks worse than 91.16% 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 (2026-07-11), Advanced Micro-fabrication Equipment's share price is ¥434.51. Advanced Micro-fabrication Equipment's Book Value per Share for the quarter that ended in Mar. 2026 was ¥26.02. Hence, Advanced Micro-fabrication Equipment's PB Ratio of today is 16.70.

Warning Sign:

Advanced Micro-fabrication Equipment Inc stock PB Ratio (=16.7) is close to 5-year high of 18.12.

The historical rank and industry rank for Advanced Micro-fabrication Equipment's PB Ratio or its related term are showing as below:

SHSE:688012' s PB Ratio Range Over the Past 10 Years
Min: 3.37   Med: 6.66   Max: 37.09
Current: 16.7

During the past 10 years, Advanced Micro-fabrication Equipment's highest PB Ratio was 37.09. The lowest was 3.37. And the median was 6.66.

SHSE:688012's PB Ratio is ranked worse than
91.16% of 996 companies
in the Semiconductors industry
Industry Median: 3.615 vs SHSE:688012: 16.70

During the past 12 months, Advanced Micro-fabrication Equipment's average Book Value Per Share Growth Rate was 19.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 27.90% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Advanced Micro-fabrication Equipment was 145.40% per year. The lowest was 11.90% per year. And the median was 52.60% per year.

Back to Basics: PB Ratio


Advanced Micro-fabrication Equipment  (SHSE:688012) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Advanced Micro-fabrication Equipment PB Ratio Related Terms


Advanced Micro-fabrication Equipment PB Ratio Historical Data

* Premium members only.

The historical data trend for Advanced Micro-fabrication Equipment'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.

Advanced Micro-fabrication Equipment PB Ratio Chart

Advanced Micro-fabrication Equipment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.60 3.90 5.34 5.96 7.52

Advanced Micro-fabrication Equipment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.70 5.47 8.72 7.52 7.90

SHSE:688012 vs AMAT, LRCX, KLAC: PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Advanced Micro-fabrication Equipment'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.


Advanced Micro-fabrication Equipment PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Advanced Micro-fabrication Equipment's PB Ratio distribution charts can be found below:

* The bar in red indicates where Advanced Micro-fabrication Equipment's PB Ratio falls into.


SHSE:688012
86GF Score
Advanced Micro-fabrication Equipment Inc SHSE:688012
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advanced Micro-fabrication Equipment 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.

Advanced Micro-fabrication Equipment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=434.51/26.024
=16.70

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 16.70 mean?
Advanced Micro-fabrication Equipment (SHSE:688012) has a PB Ratio of 16.70 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 Advanced Micro-fabrication Equipment and its competitors. This is 151% above median its historical median of 6.66. Over the past decade, Advanced Micro-fabrication Equipment's PB Ratio has ranged from 3.37 to 37.09. According to the industry distribution chart, Advanced Micro-fabrication Equipment ranks #908 out of 996 companies in the Semiconductors industry, placing it in the top 91.2%.
Is Advanced Micro-fabrication Equipment's PB Ratio too high?
Advanced Micro-fabrication Equipment's current PB Ratio of 16.70 is 151% above median its 10-year median of 6.66. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 37.09. The Semiconductors industry median PB Ratio is 3.62. Advanced Micro-fabrication Equipment's value of 16.70 is 362% above this industry median. Based on the distribution chart, Advanced Micro-fabrication Equipment ranks #908 out of 996 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Advanced Micro-fabrication Equipment has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Micro-fabrication Equipment's PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Advanced Micro-fabrication Equipment ranks #908 out of 996 companies for PB Ratio. This places Advanced Micro-fabrication Equipment in the lower half of its industry. The industry median PB Ratio is 3.62. Advanced Micro-fabrication Equipment's value of 16.70 is 362% above this benchmark. Historically, Advanced Micro-fabrication Equipment's own PB Ratio has ranged from 3.37 to 37.09 over the past decade. While the company's 10-year median is 6.66 vs. the industry median of 3.62, Advanced Micro-fabrication Equipment 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. Advanced Micro-fabrication Equipment's current PB Ratio of 16.70 is 362% 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 Advanced Micro-fabrication Equipment 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. Advanced Micro-fabrication Equipment's current PB Ratio is 16.70, which is 151% above median its own 10-year median of 6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Micro-fabrication Equipment stock overvalued right now?
Based on GuruFocus' analysis, Advanced Micro-fabrication Equipment (SHSE:688012) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥230.86, compared to a current price of ¥434.51 — trading 88.2% above its estimated fair value. The current PB Ratio is 16.70, which is 151% above median its 10-year median of 6.66 and 362% above the Semiconductors industry median of 3.62. Advanced Micro-fabrication Equipment's overall GF Score™ is 86/100 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 Advanced Micro-fabrication Equipment (SHSE:688012), the current PB Ratio is 16.70 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 Advanced Micro-fabrication Equipment (SHSE:688012) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Micro-fabrication Equipment stock appears to be overvalued. The current stock price of ¥434.51 is trading 88.2% above its estimated GF Value™ of ¥230.86. GuruFocus considers Advanced Micro-fabrication Equipment to be Significantly Overvalued.

Key valuation signals for SHSE:688012:

  • PB Ratio: 16.70 (151% above median its 10-year median of 6.66)
  • GF Value™: ¥230.86 vs. price of ¥434.51 (88.2% above fair value)
  • GF Score™: 86/100 with 9 warning signs
  • Industry Position: 362% above the Semiconductors median (#908 of 996)

No single metric tells the full story. See the SHSE:688012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Micro-fabrication Equipment Business Description

Address No. 188, Taihua Road, Jinqiao Export Processing Zone (South District), Pudong New Area, Shanghai, CHN, 201201
Advanced Micro-fabrication Equipment Inc is engaged in the development, production, and sales of equipment such as plasma etching equipment, deep silicon etching equipment, and metal organic chemical vapor deposition (MOCVD) equipment for microelectronic devices such as integrated circuits and LED chips.
86GF Score

Get the complete analysis for SHSE:688012

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥434.51
Price
¥230.86
GF Value