Hannstar Display (TPE:6116) PB Ratio: 1.46 (As of Jul. 11, 2026) — 106% Above Median


TPE:6116 Hannstar Display Corp TPE:6116
57 GF Score
Price NT$17.20
GF Value NT$8.99
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Hannstar Display PB Ratio?

Hannstar Display TPE:6116 57 PB Ratio is 1.46 as of Jul. 11, 2026, which is 106% above its 10-year median of 0.71. GuruFocus rates TPE:6116 with a GF Score™ of 57/100 and a GF Value™ of NT$8.99 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,416 Hardware companies, Hannstar Display ranks better than 68.38% 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 (2026-07-11), Hannstar Display's share price is NT$17.20. Hannstar Display's Book Value per Share for the quarter that ended in Mar. 2026 was NT$11.81. Hence, Hannstar Display's PB Ratio of today is 1.46.

Warning Sign:

Hannstar Display Corp stock PB Ratio (=1.46) is close to 5-year high of 1.59.

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

TPE:6116' s PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.71   Max: 1.86
Current: 1.46

During the past 13 years, Hannstar Display's highest PB Ratio was 1.86. The lowest was 0.39. And the median was 0.71.

TPE:6116's PB Ratio is ranked better than
68.38% of 2416 companies
in the Hardware industry
Industry Median: 2.34 vs TPE:6116: 1.46

During the past 12 months, Hannstar Display's average Book Value Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hannstar Display was 9.60% per year. The lowest was -22.20% per year. And the median was 2.70% per year.

Back to Basics: PB Ratio


Hannstar Display  (TPE:6116) 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.


Hannstar Display PB Ratio Related Terms


Hannstar Display PB Ratio Historical Data

* Premium members only.

The historical data trend for Hannstar Display'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.

Hannstar Display PB Ratio Chart

Hannstar Display 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 1.05 0.68 0.82 0.71 0.66

Hannstar Display Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.65 0.64 0.70 0.66 0.67

TPE:6116 vs APH, GLW: PB Ratio Comparison

For the Electronic Components subindustry, Hannstar Display'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.


Hannstar Display PB Ratio vs Hardware Industry

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

* The bar in red indicates where Hannstar Display's PB Ratio falls into.


TPE:6116
57GF Score
Hannstar Display Corp TPE:6116
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hannstar Display 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.

Hannstar Display's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=17.20/11.808
=1.46

* 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 1.46 mean?
Hannstar Display (TPE:6116) has a PB Ratio of 1.46 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hannstar Display and its competitors. This is 106% above median its historical median of 0.71. Over the past decade, Hannstar Display's PB Ratio has ranged from 0.39 to 1.86. According to the industry distribution chart, Hannstar Display ranks #764 out of 2416 companies in the Hardware industry, placing it in the top 31.6%.
Is Hannstar Display's PB Ratio too high?
Hannstar Display's current PB Ratio of 1.46 is 106% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.86. The Hardware industry median PB Ratio is 2.34. Hannstar Display's value of 1.46 is 37.6% below this industry median. Based on the distribution chart, Hannstar Display ranks #764 out of 2416 companies in the Hardware industry, which is above the industry midpoint. Overall, Hannstar Display has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hannstar Display's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Hannstar Display ranks #764 out of 2416 companies for PB Ratio. This puts Hannstar Display in the upper half of its industry. The industry median PB Ratio is 2.34. Hannstar Display's value of 1.46 is 37.6% below this benchmark. Historically, Hannstar Display's own PB Ratio has ranged from 0.39 to 1.86 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 2.34, Hannstar Display 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 2.34, based on 2,416 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. Hannstar Display's current PB Ratio of 1.46 is 37.6% 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 Hannstar Display and its competitors. For the Hardware industry, the median PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hannstar Display's current PB Ratio is 1.46, which is 106% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannstar Display stock overvalued right now?
Based on GuruFocus' analysis, Hannstar Display (TPE:6116) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.99, compared to a current price of NT$17.20 — trading 91.3% above its estimated fair value. The current PB Ratio is 1.46, which is 106% above median its 10-year median of 0.71 and 37.6% below the Hardware industry median of 2.34. Hannstar Display's overall GF Score™ is 57/100 with 5 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 Hannstar Display (TPE:6116), the current PB Ratio is 1.46 as of Jul. 11, 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 Hannstar Display (TPE:6116) Overvalued in 2026?

Based on GuruFocus' analysis, Hannstar Display stock appears to be overvalued. The current stock price of NT$17.20 is trading 91.3% above its estimated GF Value™ of NT$8.99. GuruFocus considers Hannstar Display to be Significantly Overvalued.

Key valuation signals for TPE:6116:

  • PB Ratio: 1.46 (106% above median its 10-year median of 0.71)
  • GF Value™: NT$8.99 vs. price of NT$17.20 (91.3% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 37.6% below the Hardware median (#764 of 2416)

No single metric tells the full story. See the TPE:6116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hannstar Display Business Description

Address Lane 168, Xingshan Road, 4Floor, No.15, Neihu District, Taipei, TWN, 11469
Hannstar Display Corp is engaged in research and development, design, manufacturing, sale and repairs of TFT-LCDs. The company has only one reportable segment, production and sale of TFT-LCD panels, flat-panel displays and CCTV. The firm has operations in Mainland China, Asia, Taiwan, Europe and Others, with the majority of its revenue from China.
57GF Score

Get the complete analysis for TPE:6116

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

NT$17.20
Price
NT$8.99
GF Value