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SemiLEDsLEDS -7.70%50 Price-to-Tangible-Book is 4.99 as of Jul. 28, 2026, which is 15% above its 10-year median of 4.34. GuruFocus rates LEDS with a GF Score™ of 50/100 and a GF Value™ of $3.88 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 970 Semiconductors companies, SemiLEDs ranks worse than 68.04% on this metric.
As of today (2026-07-28), SemiLEDs's share price is $1.7907. SemiLEDs's Tangible Book per Share of May. 2026 for the quarter that ended in May. 2026 was $0.36. Hence, SemiLEDs's Price to Tangible Book Ratio of today is 4.99.
The historical rank and industry rank for SemiLEDs's Price-to-Tangible-Book or its related term are showing as below:
LEDS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79 Med: 4.34 Max: 40.17
Current: 4.97
During the past 13 years, SemiLEDs's highest Price to Tangible Book Ratio was 40.17. The lowest was 0.79. And the median was 4.34.
LEDS's Price-to-Tangible-Book is ranked worse than 68.04% of 970
companies
in the Semiconductors industry
Industry Median: 3.41
vs LEDS: 4.97
A closely related ratio is called PB Ratio. As of today, SemiLEDs's share price is $1.7907. SemiLEDs's Book Value per Sharefor the quarter that ended in May. 2026 was $0.37. Hence, SemiLEDs's P/B Ratio of today is 4.81.
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.
SemiLEDs Price-to-Tangible-Book Related Terms
SemiLEDs Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for SemiLEDs'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.
LEDS vs PRKR, PRSO, MOBX: Price-to-Tangible-Book Comparison
For the Semiconductors subindustry, SemiLEDs'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.
SemiLEDs Price-to-Tangible-Book vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SemiLEDs's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where SemiLEDs'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.
SemiLEDs (LEDS) has a Price-to-Tangible-Book of 4.99 as of Jul. 28, 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 SemiLEDs and its competitors. This is 15% above median its historical median of 4.34. Over the past decade, SemiLEDs' Price-to-Tangible-Book has ranged from 0.79 to 40.17. According to the industry distribution chart, SemiLEDs ranks #660 out of 970 companies in the Semiconductors industry, placing it in the top 68%.
Is SemiLEDs' Price-to-Tangible-Book too high?
SemiLEDs' current Price-to-Tangible-Book of 4.99 is 15% above median its 10-year median of 4.34. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 40.17. The Semiconductors industry median Price-to-Tangible-Book is 3.41. SemiLEDs' value of 4.99 is 46.3% above this industry median. Based on the distribution chart, SemiLEDs ranks #660 out of 970 companies in the Semiconductors industry, which is below the industry midpoint. Overall, SemiLEDs has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SemiLEDs' Price-to-Tangible-Book compare to PRKR and PRSO?
According to the Semiconductors industry distribution chart, SemiLEDs ranks #660 out of 970 companies for Price-to-Tangible-Book. This places SemiLEDs in the lower half of its industry. The industry median Price-to-Tangible-Book is 3.41. SemiLEDs' value of 4.99 is 46.3% above this benchmark. Historically, SemiLEDs' own Price-to-Tangible-Book has ranged from 0.79 to 40.17 over the past decade. While the company's 10-year median is 4.34 vs. the industry median of 3.41, SemiLEDs 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 Semiconductors company?
The median Price-to-Tangible-Book among Semiconductors companies is 3.41, based on 970 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. SemiLEDs's current Price-to-Tangible-Book of 4.99 is 46.3% 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 SemiLEDs and its competitors. For the Semiconductors industry, the median Price-to-Tangible-Book is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SemiLEDs's current Price-to-Tangible-Book is 4.99, which is 15% above median its own 10-year median of 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SemiLEDs stock overvalued right now?
Based on GuruFocus' analysis, SemiLEDs (LEDS) is currently considered Possible Value Trap. The stock's GF Value™ is $3.88, compared to a current price of $1.79 — trading 53.8% below its estimated fair value. The current Price-to-Tangible-Book is 4.99, which is 15% above median its 10-year median of 4.34 and 46.3% above the Semiconductors industry median of 3.41. SemiLEDs' overall GF Score™ is 50/100 with 5 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 SemiLEDs (LEDS), the current Price-to-Tangible-Book is 4.99 as of Jul. 28, 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 SemiLEDs (LEDS) Overvalued in 2026?
Based on GuruFocus' analysis, SemiLEDs stock appears to be undervalued.
The current stock price of $1.79 is trading 53.8% below its estimated GF Value™ of $3.88.
GuruFocus considers SemiLEDs to be Possible Value Trap.
Key valuation signals for LEDS:
Price-to-Tangible-Book: 4.99 (15% above median its 10-year median of 4.34)
GF Value™: $3.88 vs. price of $1.79 (53.8% below fair value)
Industry Position: 46.3% above the Semiconductors median (#660 of 970)
No single metric tells the full story. See the LEDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SemiLEDs Corp develops, manufactures, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, including street lights and commercial, industrial, system, and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from Japan.
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