XP Power (STU:4XP) PB Ratio: 2.96 (As of Jul. 13, 2026) — 17% Below Median

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Director of Data and Quant Analytics at GuruFocus
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STU:4XP XP Power Ltd STU:4XP
59 GF Score
Price €20.80
GF Value €9.68
! 7 Warning Signs
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What is XP Power PB Ratio?

XP Power STU:4XP +4.00% 59 PB Ratio is 2.96 as of Jul. 13, 2026, which is 17% below its 10-year median of 3.55. GuruFocus rates STU:4XP with a GF Score™ of 59/100 and a GF Value™ of €9.68. The stock has 7 warning signs investors should review. Among 2,985 Industrial Products companies, XP Power ranks worse than 62.65% 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 (2026-07-13), XP Power's share price is €20.80. XP Power's Book Value per Share for the quarter that ended in Dec. 2025 was €7.02. Hence, XP Power's PB Ratio of today is 2.96.

Warning Sign:

XP Power Ltd stock PB Ratio (=2.95) is close to 2-year high of 3.18.

The historical rank and industry rank for XP Power's PB Ratio or its related term are showing as below:

STU:4XP' s PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 3.55   Max: 6.73
Current: 2.95

During the past 13 years, XP Power's highest PB Ratio was 6.73. The lowest was 1.04. And the median was 3.55.

STU:4XP's PB Ratio is ranked worse than
62.65% of 2985 companies
in the Industrial Products industry
Industry Median: 2.18 vs STU:4XP: 2.95

During the past 3 years, the average Book Value Per Share Growth Rate was -4.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of XP Power was 24.50% per year. The lowest was -11.10% per year. And the median was 12.90% per year.

Back to Basics: PB Ratio


XP Power  (STU:4XP) 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.


XP Power PB Ratio Related Terms


XP Power PB Ratio Historical Data

* Premium members only.

The historical data trend for XP Power'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.

XP Power PB Ratio Chart

XP Power 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 6.42 2.68 2.05 2.24 1.40

XP Power Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.05 2.19 2.24 1.48 1.40

STU:4XP vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, XP Power'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.


XP Power PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, XP Power's PB Ratio distribution charts can be found below:

* The bar in red indicates where XP Power's PB Ratio falls into.


STU:4XP
59GF Score
XP Power Ltd STU:4XP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

XP Power 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.

XP Power's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=20.80/7.019
=2.96

* 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 2.96 mean?
XP Power (STU:4XP) has a PB Ratio of 2.96 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on XP Power and its competitors. This is 17% below median its historical median of 3.55. Over the past decade, XP Power's PB Ratio has ranged from 1.04 to 6.73. According to the industry distribution chart, XP Power ranks #1870 out of 2985 companies in the Industrial Products industry, placing it in the top 62.6%.
Is XP Power's PB Ratio too high?
XP Power's current PB Ratio of 2.96 is 17% below median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 6.73. The Industrial Products industry median PB Ratio is 2.18. XP Power's value of 2.96 is 35.8% above this industry median. Based on the distribution chart, XP Power ranks #1870 out of 2985 companies in the Industrial Products industry, which is below the industry midpoint. Overall, XP Power has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does XP Power's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, XP Power ranks #1870 out of 2985 companies for PB Ratio. This places XP Power in the lower half of its industry. The industry median PB Ratio is 2.18. XP Power's value of 2.96 is 35.8% above this benchmark. Historically, XP Power's own PB Ratio has ranged from 1.04 to 6.73 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 2.18, XP Power 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.18, based on 2,985 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. XP Power's current PB Ratio of 2.96 is 35.8% 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 XP Power and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XP Power's current PB Ratio is 2.96, which is 17% below median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XP Power stock overvalued right now?
XP Power (STU:4XP) has a current PB Ratio of 2.96. The stock's GF Value™ is €9.68, compared to a current price of €20.80 — trading 114.9% above its estimated fair value. The current PB Ratio is 2.96, which is 17% below median its 10-year median of 3.55 and 35.8% above the Industrial Products industry median of 2.18. XP Power's overall GF Score™ is 59/100 with 7 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 XP Power (STU:4XP), the current PB Ratio is 2.96 as of Jul. 13, 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 XP Power (STU:4XP) Overvalued in 2026?

Based on GuruFocus' analysis, XP Power stock appears to be overvalued. The current stock price of €20.80 is trading 114.9% above its estimated GF Value™ of €9.68.

Key valuation signals for STU:4XP:

  • PB Ratio: 2.96 (17% below median its 10-year median of 3.55)
  • GF Value™: €9.68 vs. price of €20.80 (114.9% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 35.8% above the Industrial Products median (#1870 of 2985)

No single metric tells the full story. See the STU:4XP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XP Power Business Description

Other Exchanges XPPLF:USAXPPl:UKXPP:UK
Address 19 Tai Seng Avenue, No. 07-01, Singapore, SGP, 534054
XP Power Ltd is a developer and manufacturer of critical power control components. The company provides power solutions, including alternating current (AC)-direct current (DC) power supplies, and DC-DC converters. Its products serve markets in multiple sectors and across market regions such as Semiconductor Manufacturing Equipment, Industrial Technology, Custom Power, and Healthcare. Its product categories include AC to DC power supplies, DC-DC converters, High-voltage power supplies, Radio Frequency (RF) power systems, and EMI Filters, among others. The geographical segments of the company are North America, which generates the maximum revenue, Europe, and Asia.
59GF Score

Get the complete analysis for STU:4XP

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

€20.80
Price
€9.68
GF Value