Abocom Systems (TPE:2444) PB Ratio: 1.62 (As of Jul. 08, 2026) — Near Median


TPE:2444 Abocom Systems Inc TPE:2444
54 GF Score
Price NT$12.65
GF Value NT$8.77
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Abocom Systems PB Ratio?

Abocom Systems TPE:2444 +2.02% 54 PB Ratio is 1.62 as of Jul. 08, 2026, which is 3% above its 10-year median of 1.57. GuruFocus rates TPE:2444 with a GF Score™ of 54/100 and a GF Value™ of NT$8.77 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 2,415 Hardware companies, Abocom Systems ranks better than 65.34% 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 (2026-07-08), Abocom Systems's share price is NT$12.65. Abocom Systems's Book Value per Share for the quarter that ended in Dec. 2025 was NT$7.79. Hence, Abocom Systems's PB Ratio of today is 1.62.

Warning Sign:

Abocom Systems Inc stock PB Ratio (=1.66) is close to 1-year high of 1.8.

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

TPE:2444' s PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.57   Max: 3.63
Current: 1.62

During the past 13 years, Abocom Systems's highest PB Ratio was 3.63. The lowest was 0.91. And the median was 1.57.

TPE:2444's PB Ratio is ranked better than
65.34% of 2415 companies
in the Hardware industry
Industry Median: 2.35 vs TPE:2444: 1.62

During the past 12 months, Abocom Systems's average Book Value Per Share Growth Rate was -17.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Abocom Systems was 4.30% per year. The lowest was -9.40% per year. And the median was -3.55% per year.

Back to Basics: PB Ratio


Abocom Systems  (TPE:2444) 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.


Abocom Systems PB Ratio Related Terms


Abocom Systems PB Ratio Historical Data

* Premium members only.

The historical data trend for Abocom 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.

Abocom Systems PB Ratio Chart

Abocom Systems 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 1.68 1.69 1.37 2.01 1.46

Abocom Systems 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 2.01 1.50 1.40 1.46 1.46

TPE:2444 vs CSCO, CIEN, MSI: PB Ratio Comparison

For the Communication Equipment subindustry, Abocom 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.


Abocom Systems PB Ratio vs Hardware Industry

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

* The bar in red indicates where Abocom Systems's PB Ratio falls into.


TPE:2444
54GF Score
Abocom Systems Inc TPE:2444
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Abocom Systems 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.

Abocom Systems's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=12.65/7.789
=1.62

* 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 1.62 mean?
Abocom Systems (TPE:2444) has a PB Ratio of 1.62 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Abocom Systems and its competitors. This is near median its historical median of 1.57. Over the past decade, Abocom Systems' PB Ratio has ranged from 0.91 to 3.63. According to the industry distribution chart, Abocom Systems ranks #837 out of 2415 companies in the Hardware industry, placing it in the top 34.7%.
Is Abocom Systems' PB Ratio too high?
Abocom Systems' current PB Ratio of 1.62 is near median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 3.63. The Hardware industry median PB Ratio is 2.35. Abocom Systems' value of 1.62 is 31.1% below this industry median. Based on the distribution chart, Abocom Systems ranks #837 out of 2415 companies in the Hardware industry, which is above the industry midpoint. Overall, Abocom Systems has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Abocom Systems' PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Abocom Systems ranks #837 out of 2415 companies for PB Ratio. This puts Abocom Systems in the upper half of its industry. The industry median PB Ratio is 2.35. Abocom Systems' value of 1.62 is 31.1% below this benchmark. Historically, Abocom Systems' own PB Ratio has ranged from 0.91 to 3.63 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 2.35, Abocom Systems 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 Hardware company?
The median PB Ratio among Hardware companies is 2.35, 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. Abocom Systems's current PB Ratio of 1.62 is 31.1% 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 Abocom Systems and its competitors. For the Hardware industry, the median PB Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abocom Systems's current PB Ratio is 1.62, which is near median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abocom Systems stock overvalued right now?
Based on GuruFocus' analysis, Abocom Systems (TPE:2444) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.77, compared to a current price of NT$12.65 — trading 44.2% above its estimated fair value. The current PB Ratio is 1.62, which is near median its 10-year median of 1.57 and 31.1% below the Hardware industry median of 2.35. Abocom Systems' overall GF Score™ is 54/100 with 11 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 Abocom Systems (TPE:2444), the current PB Ratio is 1.62 as of Jul. 08, 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 Abocom Systems (TPE:2444) Overvalued in 2026?

Based on GuruFocus' analysis, Abocom Systems stock appears to be overvalued. The current stock price of NT$12.65 is trading 44.2% above its estimated GF Value™ of NT$8.77. GuruFocus considers Abocom Systems to be Significantly Overvalued.

Key valuation signals for TPE:2444:

  • PB Ratio: 1.62 (near median its 10-year median of 1.57)
  • GF Value™: NT$8.77 vs. price of NT$12.65 (44.2% above fair value)
  • GF Score™: 54/100 with 11 warning signs
  • Industry Position: 31.1% below the Hardware median (#837 of 2415)

No single metric tells the full story. See the TPE:2444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Abocom Systems Business Description

Address No. 50-8, Keyan Road, 2nd Floor, Hsinchu Science Park, Zhunan Township, Miaoli County, TWN
Abocom Systems Inc is a tele-communication company engaged in research, development, production, manufacturing and sale of various digital and data network communication and information, audio-video electronic products, memory products, and peripherals of laptop computers. The segments of the company are Network Communications Business Unit, and Memory Business Unit, out of which maximum revenue is derived from Network Communications Business Unit. Its products include vMicro SD memory card, SSD solid state drive, Laser chip, WIFI Wireless products, and others.
54GF Score

Get the complete analysis for TPE:2444

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

NT$12.65
Price
NT$8.77
GF Value