Aces Electronic CoTPE:3605 -2.11%77 PB Ratio is 1.82 as of Jul. 06, 2026, which is 117% above its 10-year median of 0.84. GuruFocus rates TPE:3605 with a GF Score™ of 77/100 and a GF Value™ of NT$55.69 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,414 Hardware companies, Aces Electronic Co ranks better than 61.31% on this metric.
Aces Electronic Co Ltd stock PB Ratio (=1.82) is close to 10-year high of 1.9.
The historical rank and industry rank for Aces Electronic Co's PB Ratio or its related term are showing as below:
TPE:3605'
s PB Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.84 Max: 1.9
Current: 1.82
During the past 13 years, Aces Electronic Co's highest PB Ratio was 1.90. The lowest was 0.46. And the median was 0.84.
TPE:3605's PB Ratio is ranked better than 61.31% of 2414
companies
in the Hardware industry
Industry Median: 2.43
vs TPE:3605: 1.82
During the past 12 months, Aces Electronic Co's average Book Value Per Share Growth Rate was 7.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aces Electronic Co was 7.10% per year. The lowest was -0.50% per year. And the median was 3.15% per year.
Back to Basics: PB Ratio
Aces Electronic Co (TPE:3605) 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.
Aces Electronic Co PB Ratio Related Terms
Aces Electronic Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Aces Electronic 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.
For the Electronic Components subindustry, Aces Electronic 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.
Aces Electronic Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Aces Electronic Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Aces Electronic Co'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.
Aces Electronic Co (TPE:3605) has a PB Ratio of 1.82 as of Jul. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aces Electronic Co and its competitors. This is 117% above median its historical median of 0.84. Over the past decade, Aces Electronic Co's PB Ratio has ranged from 0.46 to 1.90. According to the industry distribution chart, Aces Electronic Co ranks #934 out of 2414 companies in the Hardware industry, placing it in the top 38.7%.
Is Aces Electronic Co's PB Ratio too high?
Aces Electronic Co's current PB Ratio of 1.82 is 117% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.90. The Hardware industry median PB Ratio is 2.43. Aces Electronic Co's value of 1.82 is 25.1% below this industry median. Based on the distribution chart, Aces Electronic Co ranks #934 out of 2414 companies in the Hardware industry, which is above the industry midpoint. Overall, Aces Electronic Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aces Electronic Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Aces Electronic Co ranks #934 out of 2414 companies for PB Ratio. This puts Aces Electronic Co in the upper half of its industry. The industry median PB Ratio is 2.43. Aces Electronic Co's value of 1.82 is 25.1% below this benchmark. Historically, Aces Electronic Co's own PB Ratio has ranged from 0.46 to 1.90 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 2.43, Aces Electronic 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 Hardware company?
The median PB Ratio among Hardware companies is 2.43, based on 2,414 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. Aces Electronic Co's current PB Ratio of 1.82 is 25.1% 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 Aces Electronic Co and its competitors. For the Hardware industry, the median PB Ratio is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aces Electronic Co's current PB Ratio is 1.82, which is 117% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aces Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Aces Electronic Co (TPE:3605) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$55.69, compared to a current price of NT$88.20 — trading 58.4% above its estimated fair value. The current PB Ratio is 1.82, which is 117% above median its 10-year median of 0.84 and 25.1% below the Hardware industry median of 2.43. Aces Electronic Co's overall GF Score™ is 77/100 with 10 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 Aces Electronic Co (TPE:3605), the current PB Ratio is 1.82 as of Jul. 06, 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 Aces Electronic Co (TPE:3605) Overvalued in 2026?
Based on GuruFocus' analysis, Aces Electronic Co stock appears to be overvalued.
The current stock price of NT$88.20 is trading 58.4% above its estimated GF Value™ of NT$55.69.
GuruFocus considers Aces Electronic Co to be Significantly Overvalued.
Key valuation signals for TPE:3605:
PB Ratio: 1.82 (117% above median its 10-year median of 0.84)
GF Value™: NT$55.69 vs. price of NT$88.20 (58.4% above fair value)
Industry Position: 25.1% below the Hardware median (#934 of 2414)
No single metric tells the full story. See the TPE:3605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aces Electronic Co Ltd is engaged in the electronic components business sector. It is mainly engaged in processing, manufacturing, and selling connectors, connector cable sets, metal stamping parts, and other electronic components. Its segments include Connectors which derives key revenue, Cables, Metal stamping, and others. Geographically, the majority of the company's revenue is generated from China and the rest from Taiwan, Philippines, the United States of America, and other countries.
77GF Score
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