Global Lighting Technologies (TPE:4935) PB Ratio: 0.59 (As of Jul. 07, 2026) — 39% Below Median


TPE:4935 Global Lighting Technologies Inc TPE:4935
76 GF Score
Price NT$36.10
GF Value NT$35.31
Valuation Fairly Valued
! 7 Warning Signs
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What is Global Lighting Technologies PB Ratio?

Global Lighting Technologies TPE:4935 -2.17% 76 PB Ratio is 0.59 as of Jul. 07, 2026, which is 39% below its 10-year median of 0.96. GuruFocus rates TPE:4935 with a GF Score™ of 76/100 and a GF Value™ of NT$35.31 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,415 Hardware companies, Global Lighting Technologies ranks better than 90.1% 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), Global Lighting Technologies's share price is NT$36.10. Global Lighting Technologies's Book Value per Share for the quarter that ended in Dec. 2025 was NT$61.68. Hence, Global Lighting Technologies's PB Ratio of today is 0.59.

Good Sign:

Global Lighting Technologies Inc stock PB Ratio (=0.61) is close to 10-year low of 0.56.

The historical rank and industry rank for Global Lighting Technologies's PB Ratio or its related term are showing as below:

TPE:4935' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.96   Max: 3.18
Current: 0.59

During the past 13 years, Global Lighting Technologies's highest PB Ratio was 3.18. The lowest was 0.56. And the median was 0.96.

TPE:4935's PB Ratio is ranked better than
90.1% of 2415 companies
in the Hardware industry
Industry Median: 2.4 vs TPE:4935: 0.59

During the past 12 months, Global Lighting Technologies's average Book Value Per Share Growth Rate was -7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Global Lighting Technologies was 21.40% per year. The lowest was -1.20% per year. And the median was 6.05% per year.

Back to Basics: PB Ratio


Global Lighting Technologies  (TPE:4935) 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.


Global Lighting Technologies PB Ratio Related Terms


Global Lighting Technologies PB Ratio Historical Data

* Premium members only.

The historical data trend for Global Lighting Technologies'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.

Global Lighting Technologies PB Ratio Chart

Global Lighting Technologies 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 1.41 0.86 0.84 0.92 0.66

Global Lighting Technologies 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 0.92 0.76 0.67 0.77 0.66

TPE:4935 vs APH, GLW: PB Ratio Comparison

For the Electronic Components subindustry, Global Lighting Technologies'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.


Global Lighting Technologies PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Global Lighting Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Global Lighting Technologies's PB Ratio falls into.


TPE:4935
76GF Score
Global Lighting Technologies Inc TPE:4935
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Lighting Technologies 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.

Global Lighting Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=36.10/61.678
=0.59

* 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 0.59 mean?
Global Lighting Technologies (TPE:4935) has a PB Ratio of 0.59 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 Global Lighting Technologies and its competitors. This is 39% below median its historical median of 0.96. Over the past decade, Global Lighting Technologies' PB Ratio has ranged from 0.56 to 3.18. According to the industry distribution chart, Global Lighting Technologies ranks #239 out of 2415 companies in the Hardware industry, placing it in the top 9.9%.
Is Global Lighting Technologies' PB Ratio too high?
Global Lighting Technologies' current PB Ratio of 0.59 is 39% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 3.18. The Hardware industry median PB Ratio is 2.40. Global Lighting Technologies' value of 0.59 is 75.4% below this industry median. Based on the distribution chart, Global Lighting Technologies ranks #239 out of 2415 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Global Lighting Technologies has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Lighting Technologies' PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Global Lighting Technologies ranks #239 out of 2415 companies for PB Ratio. This places Global Lighting Technologies in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.40. Global Lighting Technologies' value of 0.59 is 75.4% below this benchmark. Historically, Global Lighting Technologies' own PB Ratio has ranged from 0.56 to 3.18 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 2.40, Global Lighting Technologies 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 2.40, 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. Global Lighting Technologies's current PB Ratio of 0.59 is 75.4% 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 Global Lighting Technologies and its competitors. For the Hardware industry, the median PB Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Lighting Technologies's current PB Ratio is 0.59, which is 39% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Lighting Technologies stock overvalued right now?
Based on GuruFocus' analysis, Global Lighting Technologies (TPE:4935) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.31, compared to a current price of NT$36.10 — trading 2.2% above its estimated fair value. The current PB Ratio is 0.59, which is 39% below median its 10-year median of 0.96 and 75.4% below the Hardware industry median of 2.40. Global Lighting Technologies' overall GF Score™ is 76/100 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 Global Lighting Technologies (TPE:4935), the current PB Ratio is 0.59 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 Global Lighting Technologies (TPE:4935) Overvalued in 2026?

Based on GuruFocus' analysis, Global Lighting Technologies stock appears to be overvalued. The current stock price of NT$36.10 is trading 2.2% above its estimated GF Value™ of NT$35.31. GuruFocus considers Global Lighting Technologies to be Fairly Valued.

Key valuation signals for TPE:4935:

  • PB Ratio: 0.59 (39% below median its 10-year median of 0.96)
  • GF Value™: NT$35.31 vs. price of NT$36.10 (2.2% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 75.4% below the Hardware median (#239 of 2415)

No single metric tells the full story. See the TPE:4935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Lighting Technologies Business Description

Address No. 1149, Minquan Road, Section 3, Zhongli District, Taoyuan, TWN
Global Lighting Technologies Inc is engaged in the design, manufacturing, and sales of applications of light guide plates, the development of optical molds, and the manufacturing and sales of plastic components. The company has two reportable segments: the Department of light guide plates applications, which derives key revenue, provides the service of manufacturing and sales of related application products such as light guide plates; and the Department of plastic components, which provides the service of design, manufacturing, and sales of plastic components. Geographically, the company operates in Asia, America, and other regions, out of which it earns maximum revenue from Asia.
76GF Score

Get the complete analysis for TPE:4935

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

NT$36.10
Price
NT$35.31
GF Value