Good Will Instrument CoTPE:2423 75 PEG Ratio is 2.93 as of Jul. 11, 2026, which is 77% above its 10-year median of 1.66. GuruFocus rates TPE:2423 with a GF Score™ of 75/100 and a GF Value™ of NT$41.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 855 Hardware companies, Good Will Instrument Co ranks worse than 57.78% on this metric.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Good Will Instrument Co's PEG Ratio or its related term are showing as below:
TPE:2423'
s PEG Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.66 Max: 43.93
Current: 2.93
During the past 13 years, Good Will Instrument Co's highest PEG Ratio was 43.93. The lowest was 0.61. And the median was 1.66.
TPE:2423's PEG Ratio is ranked worse than 57.78% of 855
companies
in the Hardware industry
Industry Median: 2.18
vs TPE:2423: 2.93
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Good Will Instrument Co (TPE:2423) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
* 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.
TPE:2423 vs COHR, KEYS, GRMN: PEG Ratio Comparison
For the Scientific & Technical Instruments subindustry, Good Will Instrument Co's PEG Ratio, along with its competitors' market caps and PEG 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.
Good Will Instrument Co PEG Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Good Will Instrument Co's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Good Will Instrument Co's PEG Ratio falls into.
* 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Good Will Instrument Co (TPE:2423) has a PEG Ratio of 2.93 as of Jul. 11, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Good Will Instrument Co and its competitors. This is 77% above median its historical median of 1.66. Over the past decade, Good Will Instrument Co's PEG Ratio has ranged from 0.61 to 43.93. According to the industry distribution chart, Good Will Instrument Co ranks #494 out of 855 companies in the Hardware industry, placing it in the top 57.8%.
Is Good Will Instrument Co's PEG Ratio too high?
Good Will Instrument Co's current PEG Ratio of 2.93 is 77% above median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 43.93. The Hardware industry median PEG Ratio is 2.18. Good Will Instrument Co's value of 2.93 is 34.4% above this industry median. Based on the distribution chart, Good Will Instrument Co ranks #494 out of 855 companies in the Hardware industry, which is below the industry midpoint. Overall, Good Will Instrument Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Will Instrument Co's PEG Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Good Will Instrument Co ranks #494 out of 855 companies for PEG Ratio. This places Good Will Instrument Co in the lower half of its industry. The industry median PEG Ratio is 2.18. Good Will Instrument Co's value of 2.93 is 34.4% above this benchmark. Historically, Good Will Instrument Co's own PEG Ratio has ranged from 0.61 to 43.93 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 2.18, Good Will Instrument Co 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 PEG Ratio for a Hardware company?
The median PEG Ratio among Hardware companies is 2.18, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Good Will Instrument Co's current PEG Ratio of 2.93 is 34.4% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Good Will Instrument Co and its competitors. For the Hardware industry, the median PEG Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Will Instrument Co's current PEG Ratio is 2.93, which is 77% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Will Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Good Will Instrument Co (TPE:2423) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.46, compared to a current price of NT$79.70 — trading 92.2% above its estimated fair value. The current PEG Ratio is 2.93, which is 77% above median its 10-year median of 1.66 and 34.4% above the Hardware industry median of 2.18. Good Will Instrument Co's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Good Will Instrument Co (TPE:2423), the current PEG Ratio is 2.93 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 Good Will Instrument Co (TPE:2423) Overvalued in 2026?
Based on GuruFocus' analysis, Good Will Instrument Co stock appears to be overvalued.
The current stock price of NT$79.70 is trading 92.2% above its estimated GF Value™ of NT$41.46.
GuruFocus considers Good Will Instrument Co to be Significantly Overvalued.
Key valuation signals for TPE:2423:
PEG Ratio: 2.93 (77% above median its 10-year median of 1.66)
GF Value™: NT$41.46 vs. price of NT$79.70 (92.2% above fair value)
Industry Position: 34.4% above the Hardware median (#494 of 855)
No single metric tells the full story. See the TPE:2423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Good Will Instrument Co Ltd manufactures and sells electrical testing instruments, communication equipment, and related products. Its products include oscilloscopes, spectrum analyzers, signal sources, power supplies, public broadcasting and video monitoring systems, environmental testing equipment, constant temperature and humidity equipment, and vibration test equipment, among others. Geographically, the company generates a majority of its revenue from China and the rest from Japan, Taiwan, America, Europe, and other countries.
75GF Score
Get the complete analysis for TPE:2423
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