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ASML Holding NVXSWX:ASML -1.44%89 Price-to-Tangible-Book is 33.68 as of Aug. 04, 2026, which is 63% above its 10-year median of 20.66. GuruFocus rates XSWX:ASML with a GF Score™ of 89/100 and a GF Value™ of CHF938.80 (Significantly Overvalued). Among 971 Semiconductors companies, ASML Holding NV ranks worse than 96.81% on this metric.
The historical rank and industry rank for ASML Holding NV's Price-to-Tangible-Book or its related term are showing as below:
XSWX:ASML'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 8 Med: 20.66 Max: 82.42
Current: 32.62
During the past 13 years, ASML Holding NV's highest Price to Tangible Book Ratio was 82.42. The lowest was 8.00. And the median was 20.66.
XSWX:ASML's Price-to-Tangible-Book is ranked worse than 96.81% of 971
companies
in the Semiconductors industry
Industry Median: 3.22
vs XSWX:ASML: 32.62
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.
ASML Holding NV Price-to-Tangible-Book Related Terms
ASML Holding NV Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for ASML Holding NV'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.
XSWX:ASML vs AMAT, LRCX, KLAC: Price-to-Tangible-Book Comparison
For the Semiconductor Equipment & Materials subindustry, ASML Holding NV'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.
ASML Holding NV Price-to-Tangible-Book vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ASML Holding NV's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ASML Holding NV'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.
ASML Holding NV (XSWX:ASML) has a Price-to-Tangible-Book of 33.68 as of Aug. 04, 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 ASML Holding NV and its competitors. This is 63% above median its historical median of 20.66. Over the past decade, ASML Holding NV's Price-to-Tangible-Book has ranged from 8.00 to 82.42. According to the industry distribution chart, ASML Holding NV ranks #940 out of 971 companies in the Semiconductors industry, placing it in the top 96.8%.
Is ASML Holding NV's Price-to-Tangible-Book too high?
ASML Holding NV's current Price-to-Tangible-Book of 33.68 is 63% above median its 10-year median of 20.66. Over the past 10 years, this metric has ranged from a low of 8.00 to a high of 82.42. The Semiconductors industry median Price-to-Tangible-Book is 3.22. ASML Holding NV's value of 33.68 is 946% above this industry median. Based on the distribution chart, ASML Holding NV ranks #940 out of 971 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, ASML Holding NV has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASML Holding NV's Price-to-Tangible-Book compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, ASML Holding NV ranks #940 out of 971 companies for Price-to-Tangible-Book. This places ASML Holding NV in the lower half of its industry. The industry median Price-to-Tangible-Book is 3.22. ASML Holding NV's value of 33.68 is 946% above this benchmark. Historically, ASML Holding NV's own Price-to-Tangible-Book has ranged from 8.00 to 82.42 over the past decade. While the company's 10-year median is 20.66 vs. the industry median of 3.22, ASML Holding NV 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 3.22, based on 971 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. ASML Holding NV's current Price-to-Tangible-Book of 33.68 is 946% 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 ASML Holding NV and its competitors. For the Semiconductors industry, the median Price-to-Tangible-Book is 3.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASML Holding NV's current Price-to-Tangible-Book is 33.68, which is 63% above median its own 10-year median of 20.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASML Holding NV stock overvalued right now?
Based on GuruFocus' analysis, ASML Holding NV (XSWX:ASML) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF938.80, compared to a current price of CHF1,344.40 — trading 43.2% above its estimated fair value. The current Price-to-Tangible-Book is 33.68, which is 63% above median its 10-year median of 20.66 and 946% above the Semiconductors industry median of 3.22. ASML Holding NV's overall GF Score™ is 89/100. 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 ASML Holding NV (XSWX:ASML), the current Price-to-Tangible-Book is 33.68 as of Aug. 04, 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 ASML Holding NV (XSWX:ASML) Overvalued in 2026?
Based on GuruFocus' analysis, ASML Holding NV stock appears to be overvalued.
The current stock price of CHF1,344.40 is trading 43.2% above its estimated GF Value™ of CHF938.80.
GuruFocus considers ASML Holding NV to be Significantly Overvalued.
Key valuation signals for XSWX:ASML:
Price-to-Tangible-Book: 33.68 (63% above median its 10-year median of 20.66)
GF Value™: CHF938.80 vs. price of CHF1,344.40 (43.2% above fair value)
Industry Position: 946% above the Semiconductors median (#940 of 971)
No single metric tells the full story. See the XSWX:ASML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASML is the leader in lithography systems for manufacturing semiconductors with 90% market share. Lithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. Lithography allows chipmakers to increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's largest clients are TSMC, Samsung, Intel, SK Hynix, and Micron.
89GF Score
Get the complete analysis for XSWX:ASML
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