Sunplus Technology Co (TPE:2401) PB Ratio: 2.24 (As of Jul. 07, 2026) — 56% Above Median


TPE:2401 Sunplus Technology Co Ltd TPE:2401
66 GF Score
Price NT$31.25
GF Value NT$27.78
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Sunplus Technology Co PB Ratio?

Sunplus Technology Co TPE:2401 -4.43% 66 PB Ratio is 2.24 as of Jul. 07, 2026, which is 56% above its 10-year median of 1.44. GuruFocus rates TPE:2401 with a GF Score™ of 66/100 and a GF Value™ of NT$27.78 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 997 Semiconductors companies, Sunplus Technology Co ranks better than 66.3% 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), Sunplus Technology Co's share price is NT$31.25. Sunplus Technology Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$13.96. Hence, Sunplus Technology Co's PB Ratio of today is 2.24.

Warning Sign:

Sunplus Technology Co Ltd stock PB Ratio (=2.4) is close to 3-year high of 2.59.

The historical rank and industry rank for Sunplus Technology Co's PB Ratio or its related term are showing as below:

TPE:2401' s PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.44   Max: 2.97
Current: 2.25

During the past 13 years, Sunplus Technology Co's highest PB Ratio was 2.97. The lowest was 0.57. And the median was 1.44.

TPE:2401's PB Ratio is ranked better than
66.3% of 997 companies
in the Semiconductors industry
Industry Median: 3.7 vs TPE:2401: 2.25

During the past 12 months, Sunplus Technology Co's average Book Value Per Share Growth Rate was -4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sunplus Technology Co was 6.10% per year. The lowest was -14.10% per year. And the median was -2.65% per year.

Back to Basics: PB Ratio


Sunplus Technology Co  (TPE:2401) 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.


Sunplus Technology Co PB Ratio Related Terms


Sunplus Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Sunplus Technology Co'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.

Sunplus Technology Co PB Ratio Chart

Sunplus Technology Co 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 2.26 1.42 2.38 2.09 1.43

Sunplus Technology Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 2.09 1.66 1.37 1.67 1.43

TPE:2401 vs NVDA, AVGO, MU: PB Ratio Comparison

For the Semiconductors subindustry, Sunplus Technology Co'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.


Sunplus Technology Co PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Sunplus Technology Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sunplus Technology Co's PB Ratio falls into.


TPE:2401
66GF Score
Sunplus Technology Co Ltd TPE:2401
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunplus Technology Co 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.

Sunplus Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=31.25/13.955
=2.24

* 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 2.24 mean?
Sunplus Technology Co (TPE:2401) has a PB Ratio of 2.24 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 Sunplus Technology Co and its competitors. This is 56% above median its historical median of 1.44. Over the past decade, Sunplus Technology Co's PB Ratio has ranged from 0.57 to 2.97. According to the industry distribution chart, Sunplus Technology Co ranks #336 out of 997 companies in the Semiconductors industry, placing it in the top 33.7%.
Is Sunplus Technology Co's PB Ratio too high?
Sunplus Technology Co's current PB Ratio of 2.24 is 56% above median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 2.97. The Semiconductors industry median PB Ratio is 3.70. Sunplus Technology Co's value of 2.24 is 39.5% below this industry median. Based on the distribution chart, Sunplus Technology Co ranks #336 out of 997 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Sunplus Technology Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunplus Technology Co's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Sunplus Technology Co ranks #336 out of 997 companies for PB Ratio. This puts Sunplus Technology Co in the upper half of its industry. The industry median PB Ratio is 3.70. Sunplus Technology Co's value of 2.24 is 39.5% below this benchmark. Historically, Sunplus Technology Co's own PB Ratio has ranged from 0.57 to 2.97 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 3.70, Sunplus Technology Co has consistently been below 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 3.70, based on 997 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. Sunplus Technology Co's current PB Ratio of 2.24 is 39.5% below 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 Sunplus Technology Co and its competitors. For the Semiconductors industry, the median PB Ratio is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunplus Technology Co's current PB Ratio is 2.24, which is 56% above median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunplus Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sunplus Technology Co (TPE:2401) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$27.78, compared to a current price of NT$31.25 — trading 12.5% above its estimated fair value. The current PB Ratio is 2.24, which is 56% above median its 10-year median of 1.44 and 39.5% below the Semiconductors industry median of 3.70. Sunplus Technology Co's overall GF Score™ is 66/100 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 Sunplus Technology Co (TPE:2401), the current PB Ratio is 2.24 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 Sunplus Technology Co (TPE:2401) Overvalued in 2026?

Based on GuruFocus' analysis, Sunplus Technology Co stock appears to be overvalued. The current stock price of NT$31.25 is trading 12.5% above its estimated GF Value™ of NT$27.78. GuruFocus considers Sunplus Technology Co to be Modestly Overvalued.

Key valuation signals for TPE:2401:

  • PB Ratio: 2.24 (56% above median its 10-year median of 1.44)
  • GF Value™: NT$27.78 vs. price of NT$31.25 (12.5% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 39.5% below the Semiconductors median (#336 of 997)

No single metric tells the full story. See the TPE:2401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunplus Technology Co Business Description

Address 19, Innovation 1st Road, Hsinchu Science Park, Hsinchu, TWN
Sunplus Technology Co Ltd designs, produces, tests, and sells integrated circuits (ICs). Additionally, the company researches, develops, and sells various software applications and silicon intellectual property, and is also involved in the trading and agency business of integrated circuits. Its product offerings include digital audio-visual and intelligent acoustic chips for automotive applications, smart system-on-chip solutions for driver assistance systems, AIoT SoC development platforms, and open-source software to create efficient AI computing cores. The company's reportable segments are: IC design, which derives key revenue, Income from lease of property, and Other income. Geographically, it derives maximum revenue from Asia (excluding Taiwan), followed by Taiwan and other markets.
66GF Score

Get the complete analysis for TPE:2401

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

NT$31.25
Price
NT$27.78
GF Value