KYE SystemsTPE:2365 -2.43%75 PB Ratio is 2.48 as of Jul. 07, 2026, which is 214% above its 10-year median of 0.79. GuruFocus rates TPE:2365 with a GF Score™ of 75/100 and a GF Value™ of NT$35.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,415 Hardware companies, KYE Systems ranks worse than 52.01% 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 (2026-07-07), KYE Systems's share price is NT$34.20. KYE Systems's Book Value per Share for the quarter that ended in Dec. 2025 was NT$13.77. Hence, KYE Systems's PB Ratio of today is 2.48.
The historical rank and industry rank for KYE Systems's PB Ratio or its related term are showing as below:
TPE:2365'
s PB Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.79 Max: 4.66
Current: 2.49
During the past 13 years, KYE Systems's highest PB Ratio was 4.66. The lowest was 0.43. And the median was 0.79.
TPE:2365's PB Ratio is ranked worse than 52.01% of 2415
companies
in the Hardware industry
Industry Median: 2.41
vs TPE:2365: 2.49
During the past 12 months, KYE Systems's average Book Value Per Share Growth Rate was -1.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of KYE Systems was 2.60% per year. The lowest was -5.10% per year. And the median was 0.55% 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.
KYE Systems PB Ratio Related Terms
KYE Systems PB Ratio Historical Data
* Premium members only.
The historical data trend for KYE Systems'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.
For the Computer Hardware subindustry, KYE Systems'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.
KYE Systems PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, KYE Systems's PB Ratio distribution charts can be found below:
* The bar in red indicates where KYE Systems'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.
KYE Systems's PB Ratio for today is calculated as follows:
* 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.
KYE Systems (TPE:2365) has a PB Ratio of 2.48 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on KYE Systems and its competitors. This is 214% above median its historical median of 0.79. Over the past decade, KYE Systems' PB Ratio has ranged from 0.43 to 4.66. According to the industry distribution chart, KYE Systems ranks #1256 out of 2415 companies in the Hardware industry, placing it in the top 52%.
Is KYE Systems' PB Ratio too high?
KYE Systems' current PB Ratio of 2.48 is 214% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 4.66. The Hardware industry median PB Ratio is 2.41. KYE Systems' value of 2.48 is 2.9% above this industry median. Based on the distribution chart, KYE Systems ranks #1256 out of 2415 companies in the Hardware industry, which is below the industry midpoint. Overall, KYE Systems has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KYE Systems' PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, KYE Systems ranks #1256 out of 2415 companies for PB Ratio. This places KYE Systems in the lower half of its industry. The industry median PB Ratio is 2.41. KYE Systems' value of 2.48 is 2.9% above this benchmark. Historically, KYE Systems' own PB Ratio has ranged from 0.43 to 4.66 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 2.41, KYE Systems 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 2.41, based on 2,415 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. KYE Systems's current PB Ratio of 2.48 is 2.9% 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 KYE Systems and its competitors. For the Hardware industry, the median PB Ratio is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KYE Systems's current PB Ratio is 2.48, which is 214% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KYE Systems stock overvalued right now?
Based on GuruFocus' analysis, KYE Systems (TPE:2365) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.42, compared to a current price of NT$34.20 — trading 3.4% below its estimated fair value. The current PB Ratio is 2.48, which is 214% above median its 10-year median of 0.79 and 2.9% above the Hardware industry median of 2.41. KYE Systems' overall GF Score™ is 75/100 with 3 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 KYE Systems (TPE:2365), the current PB Ratio is 2.48 as of Jul. 07, 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 KYE Systems (TPE:2365) Overvalued in 2026?
Based on GuruFocus' analysis, KYE Systems stock appears to be undervalued.
The current stock price of NT$34.20 is trading 3.4% below its estimated GF Value™ of NT$35.42.
GuruFocus considers KYE Systems to be Fairly Valued.
Key valuation signals for TPE:2365:
PB Ratio: 2.48 (214% above median its 10-year median of 0.79)
GF Value™: NT$35.42 vs. price of NT$34.20 (3.4% below fair value)
Industry Position: 2.9% above the Hardware median (#1256 of 2415)
No single metric tells the full story. See the TPE:2365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KYE Systems Corp is a Taiwan-based company mainly engaged in the manufacturing, processing and trading of computer peripheral products such as computer mice, keyboards, video image products such as network and security cameras, and consumer electronic products such as headphone speakers and game console peripherals. The operating segments of the company are Electronic Products and Others. The majority of revenue is derived from the Electronic Products segment. Geographically, the company operates in Asia, America, Europe and Taiwan. The maximum revenue is generated from America.
75GF Score
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