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Focuslight TechnologiesSHSE:688167 -16.81%64 PB Ratio is 12.67 as of Jul. 17, 2026, which is 214% above its 10-year median of 4.03. GuruFocus rates SHSE:688167 with a GF Score™ of 64/100 and a GF Value™ of ¥104.77 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 998 Semiconductors companies, Focuslight Technologies ranks worse than 89.78% on this metric.
The historical rank and industry rank for Focuslight Technologies's PB Ratio or its related term are showing as below:
SHSE:688167'
s PB Ratio Range Over the Past 10 Years
Min: 1.58 Med: 4.03 Max: 25.68
Current: 12.67
During the past 13 years, Focuslight Technologies's highest PB Ratio was 25.68. The lowest was 1.58. And the median was 4.03.
SHSE:688167's PB Ratio is ranked worse than 89.78% of 998
companies
in the Semiconductors industry
Industry Median: 3.295
vs SHSE:688167: 12.67
During the past 12 months, Focuslight Technologies's average Book Value Per Share Growth Rate was 6.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 25.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Focuslight Technologies was 57.80% per year. The lowest was -3.30% per year. And the median was 28.95% per year.
Back to Basics: PB Ratio
Focuslight Technologies (SHSE:688167) 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.
* 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:688167 vs AMAT, LRCX, KLAC: PB Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Focuslight Technologies'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.
Focuslight Technologies PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Focuslight Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where Focuslight Technologies'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.
Focuslight Technologies (SHSE:688167) has a PB Ratio of 12.67 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Focuslight Technologies and its competitors. This is 214% above median its historical median of 4.03. Over the past decade, Focuslight Technologies' PB Ratio has ranged from 1.58 to 25.68. According to the industry distribution chart, Focuslight Technologies ranks #896 out of 998 companies in the Semiconductors industry, placing it in the top 89.8%.
Is Focuslight Technologies' PB Ratio too high?
Focuslight Technologies' current PB Ratio of 12.67 is 214% above median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 25.68. The Semiconductors industry median PB Ratio is 3.30. Focuslight Technologies' value of 12.67 is 284.5% above this industry median. Based on the distribution chart, Focuslight Technologies ranks #896 out of 998 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Focuslight Technologies has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Focuslight Technologies' PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Focuslight Technologies ranks #896 out of 998 companies for PB Ratio. This places Focuslight Technologies in the lower half of its industry. The industry median PB Ratio is 3.30. Focuslight Technologies' value of 12.67 is 284.5% above this benchmark. Historically, Focuslight Technologies' own PB Ratio has ranged from 1.58 to 25.68 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 3.30, Focuslight Technologies 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 3.30, based on 998 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. Focuslight Technologies's current PB Ratio of 12.67 is 284.5% 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 Focuslight Technologies and its competitors. For the Semiconductors industry, the median PB Ratio is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focuslight Technologies's current PB Ratio is 12.67, which is 214% above median its own 10-year median of 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focuslight Technologies stock overvalued right now?
Based on GuruFocus' analysis, Focuslight Technologies (SHSE:688167) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥104.77, compared to a current price of ¥217.54 — trading 107.6% above its estimated fair value. The current PB Ratio is 12.67, which is 214% above median its 10-year median of 4.03 and 284.5% above the Semiconductors industry median of 3.30. Focuslight Technologies' overall GF Score™ is 64/100 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 Focuslight Technologies (SHSE:688167), the current PB Ratio is 12.67 as of Jul. 17, 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 Focuslight Technologies (SHSE:688167) Overvalued in 2026?
Based on GuruFocus' analysis, Focuslight Technologies stock appears to be overvalued.
The current stock price of ¥217.54 is trading 107.6% above its estimated GF Value™ of ¥104.77.
GuruFocus considers Focuslight Technologies to be Significantly Overvalued.
Key valuation signals for SHSE:688167:
PB Ratio: 12.67 (214% above median its 10-year median of 4.03)
GF Value™: ¥104.77 vs. price of ¥217.54 (107.6% above fair value)
Industry Position: 284.5% above the Semiconductors median (#896 of 998)
No single metric tells the full story. See the SHSE:688167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Focuslight Technologies Inc is engaged in the research and development, production and sales of high-power semiconductor laser components and laser optical components upstream of the laser industry.
64GF Score
Get the complete analysis for SHSE:688167
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