XiaomiFRA:3CP -3.40%84 Price-to-Tangible-Book is 2.08 as of Jun. 24, 2026, which is 31% below its 10-year median of 3.01. GuruFocus rates FRA:3CP with a GF Score™ of 84/100 and a GF Value™ of €3.66 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,311 Hardware companies, Xiaomi ranks better than 59.8% on this metric.
As of today (2026-06-24), Xiaomi's share price is €2.5695. Xiaomi's Tangible Book per Share of Mar. 2026 for the quarter that ended in Mar. 2026 was €1.23. Hence, Xiaomi's Price to Tangible Book Ratio of today is 2.08.
The historical rank and industry rank for Xiaomi's Price-to-Tangible-Book or its related term are showing as below:
FRA:3CP'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.46 Med: 3.01 Max: 6.11
Current: 2.06
During the past 11 years, Xiaomi's highest Price to Tangible Book Ratio was 6.11. The lowest was 1.46. And the median was 3.01.
FRA:3CP's Price-to-Tangible-Book is ranked better than 59.8% of 2311
companies
in the Hardware industry
Industry Median: 2.65
vs FRA:3CP: 2.06
A closely related ratio is called PB Ratio. As of today, Xiaomi's share price is €2.5695. Xiaomi's Book Value per Sharefor the quarter that ended in Mar. 2026 was €1.29. Hence, Xiaomi's P/B Ratio of today is 1.99.
Be Aware
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.
Xiaomi Price-to-Tangible-Book Related Terms
Xiaomi Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Xiaomi'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.
FRA:3CP vs AAPL: Price-to-Tangible-Book Comparison
For the Consumer Electronics subindustry, Xiaomi'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.
Xiaomi Price-to-Tangible-Book vs Hardware Industry
For the Hardware industry and Technology sector, Xiaomi's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Xiaomi'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.
Xiaomi (FRA:3CP) has a Price-to-Tangible-Book of 2.08 as of Jun. 24, 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 Xiaomi and its competitors. This is 31% below median its historical median of 3.01. Over the past decade, Xiaomi's Price-to-Tangible-Book has ranged from 1.46 to 6.11. According to the industry distribution chart, Xiaomi ranks #929 out of 2311 companies in the Hardware industry, placing it in the top 40.2%.
Is Xiaomi's Price-to-Tangible-Book too high?
Xiaomi's current Price-to-Tangible-Book of 2.08 is 31% below median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 6.11. The Hardware industry median Price-to-Tangible-Book is 2.65. Xiaomi's value of 2.08 is 21.5% below this industry median. Based on the distribution chart, Xiaomi ranks #929 out of 2311 companies in the Hardware industry, which is above the industry midpoint. Overall, Xiaomi has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Xiaomi's Price-to-Tangible-Book compare to AAPL?
According to the Hardware industry distribution chart, Xiaomi ranks #929 out of 2311 companies for Price-to-Tangible-Book. This puts Xiaomi in the upper half of its industry. The industry median Price-to-Tangible-Book is 2.65. Xiaomi's value of 2.08 is 21.5% below this benchmark. Historically, Xiaomi's own Price-to-Tangible-Book has ranged from 1.46 to 6.11 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 2.65, Xiaomi 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 Price-to-Tangible-Book for a Hardware company?
The median Price-to-Tangible-Book among Hardware companies is 2.65, based on 2,311 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. Xiaomi's current Price-to-Tangible-Book of 2.08 is 21.5% 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 Xiaomi and its competitors. For the Hardware industry, the median Price-to-Tangible-Book is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiaomi's current Price-to-Tangible-Book is 2.08, which is 31% below median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiaomi stock overvalued right now?
Based on GuruFocus' analysis, Xiaomi (FRA:3CP) is currently considered Possible Value Trap. The stock's GF Value™ is €3.66, compared to a current price of €2.57 — trading 29.8% below its estimated fair value. The current Price-to-Tangible-Book is 2.08, which is 31% below median its 10-year median of 3.01 and 21.5% below the Hardware industry median of 2.65. Xiaomi's overall GF Score™ is 84/100 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 Xiaomi (FRA:3CP), the current Price-to-Tangible-Book is 2.08 as of Jun. 24, 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 Xiaomi (FRA:3CP) Overvalued in 2026?
Based on GuruFocus' analysis, Xiaomi stock appears to be undervalued.
The current stock price of €2.57 is trading 29.8% below its estimated GF Value™ of €3.66.
GuruFocus considers Xiaomi to be Possible Value Trap.
Key valuation signals for FRA:3CP:
Price-to-Tangible-Book: 2.08 (31% below median its 10-year median of 3.01)
GF Value™: €3.66 vs. price of €2.57 (29.8% below fair value)
Industry Position: 21.5% below the Hardware median (#929 of 2311)
No single metric tells the full story. See the FRA:3CP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xiaomi is a technology company providing products and services, founded in early 2010, focusing mainly on smartphones, Internet of Things products, and related internet services. An early adopter of online smartphone sales, Xiaomi uses a customized Android operating system called HyperOS and has recently designed its own system-on-chip. As competition in its home Chinese smartphone market intensified and growth has slowed, it has expanded into other markets and has become the smartphone market leader in India, and is gaining market share in Europe. In 2025, from a country perspective, around 67% of its overall revenue was generated in mainland China, but this should reduce when it sells EVs overseas. The company was listed on the Hong Kong market at the beginning of July 2018.
84GF Score
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