Friday 6 November 2026 Export AXTI’s income statement to Excel — free account

AXT Inc

AXTI Technology Semiconductor Equipment & Materials

AXT Inc’s revenue for fiscal 2025 (year ended December 2025) was $88.3 million, down 11.1% from fiscal 2024.

Revenue: +162.6%
EPS: +1,265.3%
Free cash flow: +173.3%
Total debt: +17.7%

Quarter to September 2026, against a year earlier

38.09 1.37 +3.73%

Follow AXTI

Alert me

Market cap: $2.4B
P/E: 70.3×
Fwd P/E: 49.2×
Dividend yield: —
F-score: 3/9
Altman Z: 3.40
Beneish M: −2.10
Dividend safety: n/a

Overview

AXT Inc (AXTI) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, AXT Inc (AXTI) trades at a P/B ratio of 2.6×. Over the past ten years it has ranged from 0.2× (April 2025) to 25.5× (May 2026); the current reading is higher than 92% of that period. That is below the Semiconductor Equipment & Materials industry median of 2.9× and in line with the Technology sector median of 2.5×.

Embed this chart

Code for your page

<iframe src="https://stockrow.com/embed/AXTI/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="AXT Inc P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/AXTI/metrics/pb-ratio">AXT Inc (AXTI) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	2.5×	456.96%
FY2024	0.4×	(6.42%)
FY2023	0.5×	(38.31%)
FY2022	0.8×	(52.66%)
FY2021	1.6×	(14.33%)
FY2020	1.9×	107.07%
FY2019	0.9×	2.07%
FY2018	0.9×	(49.84%)
FY2017	1.8×	50.71%
FY2016	1.2×	97.57%

Period	P/B ratio	Change
Sep 2026	5.3×	8.56%
Jun 2026	4.9×	(52.85%)
Mar 2026	10.3×	320.27%
Dec 2025	2.5×	147.57%
43 more quarters	Free account

Against its own ten years

Low 0.2× High 25.5×

Ten-year median 1.0×

Current reading's percentile 91

Company	P/B ratio
ACMR ACM Research, Inc. compare	1.1×
IPGP IPG Photonics Corporation compare	1.2×
UCTT Ultra Clean Holdings, Inc. compare	2.1×
COHU Cohu, Inc. compare	2.1×
VECO Veeco Instruments Inc. compare	2.2×
ACLS Axcelis Technologies, Inc. compare	2.5×
AXTI AXT Inc	2.6×
KLIC Kulicke and Soffa Industries, Inc. compare	3.5×
AMBA Ambarella, Inc. compare	3.9×
Semiconductor Equipment & Materials industry median	2.9×
Technology sector median	2.5×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

AXT Inc (AXTI) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on AXTI

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on AXTI

Stockrow Weekly