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Alps Alpine CoAPELY 74 Price-to-Tangible-Book is 1.09 as of Sep. 16, 2026. GuruFocus rates APELY with a GF Score™ of 74/100 and a GF Value™ of $22.01 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,312 Hardware companies, Alps Alpine Co ranks better than 79.37% 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.
Alps Alpine Co Price-to-Tangible-Book Related Terms
Alps Alpine Co Price-to-Tangible-Book Historical Data
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The historical data trend for Alps Alpine Co'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.
APELY vs APH, GLW, TEL: Price-to-Tangible-Book Comparison
For the Electronic Components subindustry, Alps Alpine Co'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.
Alps Alpine Co Price-to-Tangible-Book vs Hardware Industry
For the Hardware industry and Technology sector, Alps Alpine Co's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Alps Alpine Co'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.
Alps Alpine Co (APELY) has a Price-to-Tangible-Book of 1.09 as of Sep. 16, 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 Alps Alpine Co and its competitors. According to the industry distribution chart, Alps Alpine Co ranks #477 out of 2312 companies in the Hardware industry, placing it in the top 20.6%.
Is Alps Alpine Co's Price-to-Tangible-Book too high?
Alps Alpine Co's current Price-to-Tangible-Book is 1.09. The Hardware industry median Price-to-Tangible-Book is 2.50. Alps Alpine Co's value of 1.09 is 56.3% below this industry median. Based on the distribution chart, Alps Alpine Co ranks #477 out of 2312 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Alps Alpine Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alps Alpine Co's Price-to-Tangible-Book compare to APH and GLW?
According to the Hardware industry distribution chart, Alps Alpine Co ranks #477 out of 2312 companies for Price-to-Tangible-Book. This places Alps Alpine Co in the top 21% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.50. Alps Alpine Co's value of 1.09 is 56.3% below this benchmark. 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 2.50, based on 2,312 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. Alps Alpine Co's current Price-to-Tangible-Book of 1.09 is 56.3% 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 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 Alps Alpine Co and its competitors. For the Hardware industry, the median Price-to-Tangible-Book is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alps Alpine Co's current Price-to-Tangible-Book is 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alps Alpine Co stock overvalued right now?
Based on GuruFocus' analysis, Alps Alpine Co (APELY) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.01, compared to a current price of $29.36 — trading 33.4% above its estimated fair value. The current Price-to-Tangible-Book is 1.09 and 56.3% below the Hardware industry median of 2.50. Alps Alpine Co's overall GF Score™ is 74/100 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 Alps Alpine Co (APELY), the current Price-to-Tangible-Book is 1.09 as of Sep. 16, 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 Alps Alpine Co (APELY) Overvalued in 2026?
Based on GuruFocus' analysis, Alps Alpine Co stock appears to be overvalued.
The current stock price of $29.36 is trading 33.4% above its estimated GF Value™ of $22.01.
GuruFocus considers Alps Alpine Co to be Significantly Overvalued.
Key valuation signals for APELY:
Price-to-Tangible-Book: 1.09
GF Value™: $22.01 vs. price of $29.36 (33.4% above fair value)
Industry Position: 56.3% below the Hardware median (#477 of 2312)
No single metric tells the full story. See the APELY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alps Alpine Co Ltd is a Japan-based company mainly engaged in businesses related to the components, sensors and communications, and modules and systems businesses. The company operates through three segments. The Component segment manufactures and sells electronic components such as switches, actuators, and haptics. The Module/System segment provides automotive modules, infotainment systems, displays, and related services. The Sensor Communication segment handles sensors and communication devices. The Others segment includes system development, office services, screws, as well as finance and leasing businesses. It generates the majority of its revenue from the Module/System business segment.
74GF Score
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