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Transcend InformationTPE:2451 -2.17%79 PB Ratio is 4.63 as of Jul. 17, 2026, which is 165% above its 10-year median of 1.75. GuruFocus rates TPE:2451 with a GF Score™ of 79/100 and a GF Value™ of NT$162.42 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,419 Hardware companies, Transcend Information ranks worse than 76.23% on this metric.
The historical rank and industry rank for Transcend Information's PB Ratio or its related term are showing as below:
TPE:2451'
s PB Ratio Range Over the Past 10 Years
Min: 1.33 Med: 1.75 Max: 6.32
Current: 4.63
During the past 13 years, Transcend Information's highest PB Ratio was 6.32. The lowest was 1.33. And the median was 1.75.
TPE:2451's PB Ratio is ranked worse than 76.23% of 2419
companies
in the Hardware industry
Industry Median: 2.25
vs TPE:2451: 4.63
During the past 12 months, Transcend Information's average Book Value Per Share Growth Rate was 15.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Transcend Information was 24.60% per year. The lowest was -2.90% per year. And the median was 1.10% per year.
Back to Basics: PB Ratio
Transcend Information (TPE:2451) PB Ratio Explanation
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.
* 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, Transcend Information'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.
Transcend Information PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Transcend Information's PB Ratio distribution charts can be found below:
* The bar in red indicates where Transcend Information'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.
* 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.
Transcend Information (TPE:2451) has a PB Ratio of 4.63 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Transcend Information and its competitors. This is 165% above median its historical median of 1.75. Over the past decade, Transcend Information's PB Ratio has ranged from 1.33 to 6.32. According to the industry distribution chart, Transcend Information ranks #1844 out of 2419 companies in the Hardware industry, placing it in the top 76.2%.
Is Transcend Information's PB Ratio too high?
Transcend Information's current PB Ratio of 4.63 is 165% above median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 6.32. The Hardware industry median PB Ratio is 2.25. Transcend Information's value of 4.63 is 105.8% above this industry median. Based on the distribution chart, Transcend Information ranks #1844 out of 2419 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Transcend Information has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transcend Information's PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Transcend Information ranks #1844 out of 2419 companies for PB Ratio. This places Transcend Information in the lower half of its industry. The industry median PB Ratio is 2.25. Transcend Information's value of 4.63 is 105.8% above this benchmark. Historically, Transcend Information's own PB Ratio has ranged from 1.33 to 6.32 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 2.25, Transcend Information 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 2.25, based on 2,419 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. Transcend Information's current PB Ratio of 4.63 is 105.8% 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 Transcend Information and its competitors. For the Hardware industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transcend Information's current PB Ratio is 4.63, which is 165% above median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transcend Information stock overvalued right now?
Based on GuruFocus' analysis, Transcend Information (TPE:2451) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$162.42, compared to a current price of NT$247.50 — trading 52.4% above its estimated fair value. The current PB Ratio is 4.63, which is 165% above median its 10-year median of 1.75 and 105.8% above the Hardware industry median of 2.25. Transcend Information's overall GF Score™ is 79/100 with 1 warning sign 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 Transcend Information (TPE:2451), the current PB Ratio is 4.63 as of Jul. 17, 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 Transcend Information (TPE:2451) Overvalued in 2026?
Based on GuruFocus' analysis, Transcend Information stock appears to be overvalued.
The current stock price of NT$247.50 is trading 52.4% above its estimated GF Value™ of NT$162.42.
GuruFocus considers Transcend Information to be Significantly Overvalued.
Key valuation signals for TPE:2451:
PB Ratio: 4.63 (165% above median its 10-year median of 1.75)
GF Value™: NT$162.42 vs. price of NT$247.50 (52.4% above fair value)
Industry Position: 105.8% above the Hardware median (#1844 of 2419)
No single metric tells the full story. See the TPE:2451 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transcend Information Inc is engaged in manufacturing, processing and sales of computer software and hardware, peripheral equipment and other computer components. Its product portfolio includes solid-state drives, body cameras, personal cloud storage, memory cards, USB flash drives, memory modules, card readers, and multimedia products. The company generates revenue in the Americas, Europe, Taiwan, and other countries in the Asia-Pacific region.
79GF Score
Get the complete analysis for TPE:2451
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