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Adtran Networks SEADVOF 55 Price-to-Tangible-Book is 5.59 as of Aug. 06, 2026, which is 1% above its 10-year median of 5.53. GuruFocus rates ADVOF with a GF Score™ of 55/100 and a GF Value™ of $20.98. The stock has 4 warning signs investors should review. Among 2,316 Hardware companies, Adtran Networks SE ranks worse than 79.49% on this metric.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Adtran Networks SE Price-to-Tangible-Book Related Terms
Adtran Networks SE Price-to-Tangible-Book Historical Data
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The historical data trend for Adtran Networks SE's Price-to-Tangible-Book 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.
ADVOF vs CSCO, MSI, HPE: Price-to-Tangible-Book Comparison
For the Communication Equipment subindustry, Adtran Networks SE's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Adtran Networks SE Price-to-Tangible-Book vs Hardware Industry
For the Hardware industry and Technology sector, Adtran Networks SE's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Adtran Networks SE's Price-to-Tangible-Book 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Adtran Networks SE (ADVOF) has a Price-to-Tangible-Book of 5.59 as of Aug. 06, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Adtran Networks SE and its competitors. This is near median its historical median of 5.53. Over the past decade, Adtran Networks SE's Price-to-Tangible-Book has ranged from 3.65 to 8.11. According to the industry distribution chart, Adtran Networks SE ranks #1841 out of 2316 companies in the Hardware industry, placing it in the top 79.5%.
Is Adtran Networks SE's Price-to-Tangible-Book too high?
Adtran Networks SE's current Price-to-Tangible-Book of 5.59 is near median its 10-year median of 5.53. Over the past 10 years, this metric has ranged from a low of 3.65 to a high of 8.11. The Hardware industry median Price-to-Tangible-Book is 2.53. Adtran Networks SE's value of 5.59 is 120.9% above this industry median. Based on the distribution chart, Adtran Networks SE ranks #1841 out of 2316 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Adtran Networks SE has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Adtran Networks SE's Price-to-Tangible-Book compare to CSCO and MSI?
According to the Hardware industry distribution chart, Adtran Networks SE ranks #1841 out of 2316 companies for Price-to-Tangible-Book. This places Adtran Networks SE in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.53. Adtran Networks SE's value of 5.59 is 120.9% above this benchmark. Historically, Adtran Networks SE's own Price-to-Tangible-Book has ranged from 3.65 to 8.11 over the past decade. While the company's 10-year median is 5.53 vs. the industry median of 2.53, Adtran Networks SE 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 Price-to-Tangible-Book for a Hardware company?
The median Price-to-Tangible-Book among Hardware companies is 2.53, based on 2,316 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adtran Networks SE's current Price-to-Tangible-Book of 5.59 is 120.9% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Adtran Networks SE and its competitors. For the Hardware industry, the median Price-to-Tangible-Book is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adtran Networks SE's current Price-to-Tangible-Book is 5.59, which is near median its own 10-year median of 5.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adtran Networks SE stock overvalued right now?
Adtran Networks SE (ADVOF) has a current Price-to-Tangible-Book of 5.59. The stock's GF Value™ is $20.98, compared to a current price of $24.19 — trading 15.3% above its estimated fair value. The current Price-to-Tangible-Book is 5.59, which is near median its 10-year median of 5.53 and 120.9% above the Hardware industry median of 2.53. Adtran Networks SE's overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Adtran Networks SE (ADVOF), the current Price-to-Tangible-Book is 5.59 as of Aug. 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 Adtran Networks SE (ADVOF) Overvalued in 2026?
Based on GuruFocus' analysis, Adtran Networks SE stock appears to be overvalued.
The current stock price of $24.19 is trading 15.3% above its estimated GF Value™ of $20.98.
Key valuation signals for ADVOF:
Price-to-Tangible-Book: 5.59 (near median its 10-year median of 5.53)
GF Value™: $20.98 vs. price of $24.19 (15.3% above fair value)
Industry Position: 120.9% above the Hardware median (#1841 of 2316)
No single metric tells the full story. See the ADVOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adtran Networks SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises to deliver data, storage, voice, and video services. Company segment includes: Network Solutions; and Services and Support,These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are United States, United Kingdom, Germany and Other international generating key revenue from United States.
55GF Score
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