Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
LasertecLSRCF 97 Price-to-Tangible-Book is 13.31 as of Sep. 11, 2026. GuruFocus rates LSRCF with a GF Score™ of 97/100 and a GF Value™ of $206.21 (Fairly Valued). The stock has 1 warning sign investors should review. Among 981 Semiconductors companies, Lasertec ranks worse than 89.19% on this metric.
As of today (2026-09-11), Lasertec's share price is $226.89. Lasertec's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $17.04. Hence, Lasertec's Price to Tangible Book Ratio of today is 13.31.
The historical rank and industry rank for Lasertec's Price-to-Tangible-Book or its related term are showing as below:
LSRCF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.9 Med: 18.52 Max: 37.36
Current: 13.31
During the past 13 years, Lasertec's highest Price to Tangible Book Ratio was 37.36. The lowest was 2.90. And the median was 18.52.
LSRCF's Price-to-Tangible-Book is ranked worse than 89.19% of 981
companies
in the Semiconductors industry
Industry Median: 3.4
vs LSRCF: 13.31
A closely related ratio is called PB Ratio. As of today, Lasertec's share price is $226.89. Lasertec's Book Value per Sharefor the quarter that ended in Jun. 2026 was $17.13. Hence, Lasertec's P/B Ratio of today is 13.25.
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.
Lasertec Price-to-Tangible-Book Related Terms
Lasertec Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Lasertec'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.
LSRCF vs LRCX, AMAT, KLAC: Price-to-Tangible-Book Comparison
For the Semiconductor Equipment & Materials subindustry, Lasertec'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.
Lasertec Price-to-Tangible-Book vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Lasertec's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Lasertec'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.
Lasertec (LSRCF) has a Price-to-Tangible-Book of 13.31 as of Sep. 11, 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 Lasertec and its competitors. According to the industry distribution chart, Lasertec ranks #875 out of 981 companies in the Semiconductors industry, placing it in the top 89.2%.
Is Lasertec's Price-to-Tangible-Book too high?
Lasertec's current Price-to-Tangible-Book is 13.31. The Semiconductors industry median Price-to-Tangible-Book is 3.40. Lasertec's value of 13.31 is 291.5% above this industry median. Based on the distribution chart, Lasertec ranks #875 out of 981 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Lasertec has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lasertec's Price-to-Tangible-Book compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Lasertec ranks #875 out of 981 companies for Price-to-Tangible-Book. This places Lasertec in the lower half of its industry. The industry median Price-to-Tangible-Book is 3.40. Lasertec's value of 13.31 is 291.5% above 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 Semiconductors company?
The median Price-to-Tangible-Book among Semiconductors companies is 3.40, based on 981 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. Lasertec's current Price-to-Tangible-Book of 13.31 is 291.5% 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 Lasertec and its competitors. For the Semiconductors industry, the median Price-to-Tangible-Book is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lasertec's current Price-to-Tangible-Book is 13.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lasertec stock overvalued right now?
Based on GuruFocus' analysis, Lasertec (LSRCF) is currently considered Fairly Valued. The stock's GF Value™ is $206.21, compared to a current price of $226.89 — trading 10% above its estimated fair value. The current Price-to-Tangible-Book is 13.31 and 291.5% above the Semiconductors industry median of 3.40. Lasertec's overall GF Score™ is 97/100 with 1 warning sign 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 Lasertec (LSRCF), the current Price-to-Tangible-Book is 13.31 as of Sep. 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 Lasertec (LSRCF) Overvalued in 2026?
Based on GuruFocus' analysis, Lasertec stock appears to be overvalued.
The current stock price of $226.89 is trading 10% above its estimated GF Value™ of $206.21.
GuruFocus considers Lasertec to be Fairly Valued.
Key valuation signals for LSRCF:
Price-to-Tangible-Book: 13.31
GF Value™: $206.21 vs. price of $226.89 (10% above fair value)
Industry Position: 291.5% above the Semiconductors median (#875 of 981)
No single metric tells the full story. See the LSRCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lasertec Corp is a Japan-based company mainly engaged in the design, manufacture, and sale of inspection and measurement equipment. The company focuses on providing optical inspection systems and related technologies. The company's main products include semiconductor-related equipment such as photomasks and wafer inspection or measurement systems, SiC wafer inspection equipment for the energy and environment sector, FPD photomask inspection systems, and hybrid laser microscopes.
97GF Score
Get the complete analysis for LSRCF
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSRCF has been successfully added to your 
