Chroma Ate (TPE:2360) PB Ratio: 27.80 (As of Jul. 11, 2026) — 519% Above Median


TPE:2360 Chroma Ate Inc TPE:2360
75 GF Score
Price NT$1,820.00
GF Value NT$639.30
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Chroma Ate PB Ratio?

Chroma Ate TPE:2360 75 PB Ratio is 27.80 as of Jul. 11, 2026, which is 519% above its 10-year median of 4.49. GuruFocus rates TPE:2360 with a GF Score™ of 75/100 and a GF Value™ of NT$639.30 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,416 Hardware companies, Chroma Ate ranks worse than 97.97% 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), Chroma Ate's share price is NT$1820.00. Chroma Ate's Book Value per Share for the quarter that ended in Mar. 2026 was NT$65.47. Hence, Chroma Ate's PB Ratio of today is 27.80.

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

TPE:2360' s PB Ratio Range Over the Past 10 Years
Min: 2.85   Med: 4.49   Max: 39.18
Current: 27.8

During the past 13 years, Chroma Ate's highest PB Ratio was 39.18. The lowest was 2.85. And the median was 4.49.

TPE:2360's PB Ratio is ranked worse than
97.97% of 2416 companies
in the Hardware industry
Industry Median: 2.34 vs TPE:2360: 27.80

During the past 12 months, Chroma Ate's average Book Value Per Share Growth Rate was 17.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chroma Ate was 14.30% per year. The lowest was 3.20% per year. And the median was 7.20% per year.

Back to Basics: PB Ratio


Chroma Ate  (TPE:2360) 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.


Chroma Ate PB Ratio Related Terms


Chroma Ate PB Ratio Historical Data

* Premium members only.

The historical data trend for Chroma Ate'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.

Chroma Ate PB Ratio Chart

Chroma Ate 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 4.54 3.59 4.11 6.97 10.29

Chroma Ate 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 5.13 7.82 8.32 10.29 22.38

TPE:2360 vs COHR, KEYS, GRMN: PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Chroma Ate'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.


Chroma Ate PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Chroma Ate's PB Ratio distribution charts can be found below:

* The bar in red indicates where Chroma Ate's PB Ratio falls into.


TPE:2360
75GF Score
Chroma Ate Inc TPE:2360
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chroma Ate 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.

Chroma Ate's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1820.00/65.474
=27.80

* 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 27.80 mean?
Chroma Ate (TPE:2360) has a PB Ratio of 27.80 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 Chroma Ate and its competitors. This is 519% above median its historical median of 4.49. Over the past decade, Chroma Ate's PB Ratio has ranged from 2.85 to 39.18. According to the industry distribution chart, Chroma Ate ranks #2367 out of 2416 companies in the Hardware industry, placing it in the top 98%.
Is Chroma Ate's PB Ratio too high?
Chroma Ate's current PB Ratio of 27.80 is 519% above median its 10-year median of 4.49. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 39.18. The Hardware industry median PB Ratio is 2.34. Chroma Ate's value of 27.80 is 1088% above this industry median. Based on the distribution chart, Chroma Ate ranks #2367 out of 2416 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Chroma Ate has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chroma Ate's PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Chroma Ate ranks #2367 out of 2416 companies for PB Ratio. This places Chroma Ate in the lower half of its industry. The industry median PB Ratio is 2.34. Chroma Ate's value of 27.80 is 1088% above this benchmark. Historically, Chroma Ate's own PB Ratio has ranged from 2.85 to 39.18 over the past decade. While the company's 10-year median is 4.49 vs. the industry median of 2.34, Chroma Ate 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 Hardware company?
The median PB Ratio among Hardware companies is 2.34, based on 2,416 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. Chroma Ate's current PB Ratio of 27.80 is 1088% 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 Chroma Ate and its competitors. For the Hardware industry, the median PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chroma Ate's current PB Ratio is 27.80, which is 519% above median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chroma Ate stock overvalued right now?
Based on GuruFocus' analysis, Chroma Ate (TPE:2360) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$639.30, compared to a current price of NT$1,820.00 — trading 184.7% above its estimated fair value. The current PB Ratio is 27.80, which is 519% above median its 10-year median of 4.49 and 1088% above the Hardware industry median of 2.34. Chroma Ate's overall GF Score™ is 75/100 with 2 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 Chroma Ate (TPE:2360), the current PB Ratio is 27.80 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 Chroma Ate (TPE:2360) Overvalued in 2026?

Based on GuruFocus' analysis, Chroma Ate stock appears to be overvalued. The current stock price of NT$1,820.00 is trading 184.7% above its estimated GF Value™ of NT$639.30. GuruFocus considers Chroma Ate to be Significantly Overvalued.

Key valuation signals for TPE:2360:

  • PB Ratio: 27.80 (519% above median its 10-year median of 4.49)
  • GF Value™: NT$639.30 vs. price of NT$1,820.00 (184.7% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 1088% above the Hardware median (#2367 of 2416)

No single metric tells the full story. See the TPE:2360 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chroma Ate Business Description

Address No. 88, Wenmao Road, Guishan District, Taoyuan, TWN
Chroma Ate Inc manufactures and sells automated testing systems, electronic testing instruments, signal generators, and power supplies. The reportable segments of the company are the Test Instrument Department, the Automatic Equipment Department, and Others. The company generates maximum revenue from the Test Instrument Department segment. The Corporation designs, assembles, calibrates, manufactures, sells, repairs, and maintains software/hardware for computers and peripherals, computerized automatic test systems, electronic test instruments, signal generators, power supplies, telecom power supplies, and others.
75GF Score

Get the complete analysis for TPE:2360

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

NT$1,820.00
Price
NT$639.30
GF Value