LEM HoldingXSWX:LEHN -0.22%65 PB Ratio is 3.78 as of Jun. 27, 2026, which is 71% below its 10-year median of 13.01. GuruFocus rates XSWX:LEHN with a GF Score™ of 65/100 and a GF Value™ of CHF818.58 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,413 Hardware companies, LEM Holding ranks worse than 66.02% 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 (2026-06-27), LEM Holding's share price is CHF447.50. LEM Holding's Book Value per Share for the quarter that ended in Mar. 2026 was CHF118.34. Hence, LEM Holding's PB Ratio of today is 3.78.
The historical rank and industry rank for LEM Holding's PB Ratio or its related term are showing as below:
XSWX:LEHN'
s PB Ratio Range Over the Past 10 Years
Min: 2.44 Med: 13.01 Max: 22.47
Current: 3.78
During the past 13 years, LEM Holding's highest PB Ratio was 22.47. The lowest was 2.44. And the median was 13.01.
XSWX:LEHN's PB Ratio is ranked worse than 66.02% of 2413
companies
in the Hardware industry
Industry Median: 2.4
vs XSWX:LEHN: 3.78
During the past 12 months, LEM Holding's average Book Value Per Share Growth Rate was 7.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -8.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of LEM Holding was 13.90% per year. The lowest was -8.10% per year. And the median was 4.70% per year.
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.
LEM Holding PB Ratio Related Terms
LEM Holding PB Ratio Historical Data
* Premium members only.
The historical data trend for LEM Holding'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, LEM Holding'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.
LEM Holding PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, LEM Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where LEM Holding'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.
LEM Holding's PB Ratio for today is calculated as follows:
* 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.
LEM Holding (XSWX:LEHN) has a PB Ratio of 3.78 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on LEM Holding and its competitors. This is 71% below median its historical median of 13.01. Over the past decade, LEM Holding's PB Ratio has ranged from 2.44 to 22.47. According to the industry distribution chart, LEM Holding ranks #1593 out of 2413 companies in the Hardware industry, placing it in the top 66%.
Is LEM Holding's PB Ratio too high?
LEM Holding's current PB Ratio of 3.78 is 71% below median its 10-year median of 13.01. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 22.47. The Hardware industry median PB Ratio is 2.40. LEM Holding's value of 3.78 is 57.5% above this industry median. Based on the distribution chart, LEM Holding ranks #1593 out of 2413 companies in the Hardware industry, which is below the industry midpoint. Overall, LEM Holding has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LEM Holding's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, LEM Holding ranks #1593 out of 2413 companies for PB Ratio. This places LEM Holding in the lower half of its industry. The industry median PB Ratio is 2.40. LEM Holding's value of 3.78 is 57.5% above this benchmark. Historically, LEM Holding's own PB Ratio has ranged from 2.44 to 22.47 over the past decade. While the company's 10-year median is 13.01 vs. the industry median of 2.40, LEM Holding 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 2.40, based on 2,413 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. LEM Holding's current PB Ratio of 3.78 is 57.5% 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 LEM Holding 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. LEM Holding's current PB Ratio is 3.78, which is 71% below median its own 10-year median of 13.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEM Holding stock overvalued right now?
Based on GuruFocus' analysis, LEM Holding (XSWX:LEHN) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF818.58, compared to a current price of CHF447.50 — trading 45.3% below its estimated fair value. The current PB Ratio is 3.78, which is 71% below median its 10-year median of 13.01 and 57.5% above the Hardware industry median of 2.40. LEM Holding's overall GF Score™ is 65/100 with 6 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 LEM Holding (XSWX:LEHN), the current PB Ratio is 3.78 as of Jun. 27, 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 LEM Holding (XSWX:LEHN) Overvalued in 2026?
Based on GuruFocus' analysis, LEM Holding stock appears to be undervalued.
The current stock price of CHF447.50 is trading 45.3% below its estimated GF Value™ of CHF818.58.
GuruFocus considers LEM Holding to be Significantly Undervalued.
Key valuation signals for XSWX:LEHN:
PB Ratio: 3.78 (71% below median its 10-year median of 13.01)
GF Value™: CHF818.58 vs. price of CHF447.50 (45.3% below fair value)
Industry Position: 57.5% above the Hardware median (#1593 of 2413)
No single metric tells the full story. See the XSWX:LEHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LEM Holding SA develops electrical measurement solutions for energy and mobility applications. Its products are used in customer systems for measurement, monitoring, and control purposes. Its product portfolio includes Energy meters, Rogowski coils, Voltage sensors, Current sensors, and Integrated current sensors. The company's operations are organized in two reportable segments, namely, i) Region of Asia which includes China, Japan, South Korea, India, Southeast Asia; ii) Region of Europe/Americas which includes Europe, the Middle East, Africa, NAFTA and Latin America. The majority of revenue is derived from the Asia segment.
65GF Score
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