Elite Advanced LaserTPE:3450 -4.81%75 PB Ratio is 14.24 as of Jul. 07, 2026, which is 439% above its 10-year median of 2.64. GuruFocus rates TPE:3450 with a GF Score™ of 75/100 and a GF Value™ of NT$246.45 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 997 Semiconductors companies, Elite Advanced Laser ranks worse than 89.67% on this metric.
Elite Advanced Laser Corp stock PB Ratio (=15.25) is close to 10-year high of 16.26.
The historical rank and industry rank for Elite Advanced Laser's PB Ratio or its related term are showing as below:
TPE:3450'
s PB Ratio Range Over the Past 10 Years
Min: 1.25 Med: 2.64 Max: 16.26
Current: 14.96
During the past 13 years, Elite Advanced Laser's highest PB Ratio was 16.26. The lowest was 1.25. And the median was 2.64.
TPE:3450's PB Ratio is ranked worse than 89.67% of 997
companies
in the Semiconductors industry
Industry Median: 3.7
vs TPE:3450: 14.96
During the past 12 months, Elite Advanced Laser's average Book Value Per Share Growth Rate was 14.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Elite Advanced Laser was 24.80% per year. The lowest was -4.90% per year. And the median was 3.10% per year.
Back to Basics: PB Ratio
Elite Advanced Laser (TPE:3450) 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.
Elite Advanced Laser PB Ratio Related Terms
Elite Advanced Laser PB Ratio Historical Data
* Premium members only.
The historical data trend for Elite Advanced Laser'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 Semiconductor Equipment & Materials subindustry, Elite Advanced Laser'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.
Elite Advanced Laser PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Elite Advanced Laser's PB Ratio distribution charts can be found below:
* The bar in red indicates where Elite Advanced Laser'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.
Elite Advanced Laser (TPE:3450) has a PB Ratio of 14.24 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 Elite Advanced Laser and its competitors. This is 439% above median its historical median of 2.64. Over the past decade, Elite Advanced Laser's PB Ratio has ranged from 1.25 to 16.26. According to the industry distribution chart, Elite Advanced Laser ranks #894 out of 997 companies in the Semiconductors industry, placing it in the top 89.7%.
Is Elite Advanced Laser's PB Ratio too high?
Elite Advanced Laser's current PB Ratio of 14.24 is 439% above median its 10-year median of 2.64. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 16.26. The Semiconductors industry median PB Ratio is 3.70. Elite Advanced Laser's value of 14.24 is 284.9% above this industry median. Based on the distribution chart, Elite Advanced Laser ranks #894 out of 997 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Elite Advanced Laser has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elite Advanced Laser's PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Elite Advanced Laser ranks #894 out of 997 companies for PB Ratio. This places Elite Advanced Laser in the lower half of its industry. The industry median PB Ratio is 3.70. Elite Advanced Laser's value of 14.24 is 284.9% above this benchmark. Historically, Elite Advanced Laser's own PB Ratio has ranged from 1.25 to 16.26 over the past decade. While the company's 10-year median is 2.64 vs. the industry median of 3.70, Elite Advanced Laser 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 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. Elite Advanced Laser's current PB Ratio of 14.24 is 284.9% 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 Elite Advanced Laser 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. Elite Advanced Laser's current PB Ratio is 14.24, which is 439% above median its own 10-year median of 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Advanced Laser stock overvalued right now?
Based on GuruFocus' analysis, Elite Advanced Laser (TPE:3450) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$246.45, compared to a current price of NT$495.00 — trading 100.9% above its estimated fair value. The current PB Ratio is 14.24, which is 439% above median its 10-year median of 2.64 and 284.9% above the Semiconductors industry median of 3.70. Elite Advanced Laser's overall GF Score™ is 75/100 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 Elite Advanced Laser (TPE:3450), the current PB Ratio is 14.24 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 Elite Advanced Laser (TPE:3450) Overvalued in 2026?
Based on GuruFocus' analysis, Elite Advanced Laser stock appears to be overvalued.
The current stock price of NT$495.00 is trading 100.9% above its estimated GF Value™ of NT$246.45.
GuruFocus considers Elite Advanced Laser to be Significantly Overvalued.
Key valuation signals for TPE:3450:
PB Ratio: 14.24 (439% above median its 10-year median of 2.64)
GF Value™: NT$246.45 vs. price of NT$495.00 (100.9% above fair value)
Industry Position: 284.9% above the Semiconductors median (#894 of 997)
No single metric tells the full story. See the TPE:3450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elite Advanced Laser Corp is engaged in optical information and optical communication products. The reportable segments of the company are the Optoelectronics industry, the Semiconductor segment, and the Silicon Photonics segment. The company generates the majority of its revenue from the Semiconductor segment.
75GF Score
Get the complete analysis for TPE:3450
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:3450 has been successfully added to your 
