Globe Industries (TPE:1324) Current Ratio: 4.09 (As of Dec. 2025) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:1324 Globe Industries Corp TPE:1324
65 GF Score
Price NT$10.35
GF Value NT$9.89
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Globe Industries Current Ratio?

Globe Industries TPE:1324 65 Current Ratio is 4.09 as of Dec. 2025, which is 17% above its 10-year median of 3.49. GuruFocus rates TPE:1324 with a GF Score™ of 65/100 and a GF Value™ of NT$9.89 (Fairly Valued). The stock has 3 warning signs investors should review. Among 3,074 Industrial Products companies, Globe Industries ranks better than 85.3% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Globe Industries's current ratio for the quarter that ended in Dec. 2025 was 4.09.

Globe Industries has a current ratio of 4.09. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Globe Industries's Current Ratio or its related term are showing as below:

TPE:1324' s Current Ratio Range Over the Past 10 Years
Min: 3.08   Med: 3.49   Max: 4.12
Current: 4.09

During the past 13 years, Globe Industries's highest Current Ratio was 4.12. The lowest was 3.08. And the median was 3.49.

TPE:1324's Current Ratio is ranked better than
85.3% of 3074 companies
in the Industrial Products industry
Industry Median: 1.96 vs TPE:1324: 4.09

Globe Industries  (TPE:1324) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Globe Industries Current Ratio Related Terms


Globe Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for Globe Industries's Current Ratio 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.

Globe Industries Current Ratio Chart

Globe Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.19 3.80 3.75 4.12 4.09

Globe Industries Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.12 3.85 3.51 3.64 4.09

Globe Industries Current Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Globe Industries's Current Ratio, along with its competitors' market caps and Current Ratio 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.


Globe Industries Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Globe Industries's Current Ratio distribution charts can be found below:

* The bar in red indicates where Globe Industries's Current Ratio falls into.


TPE:1324
65GF Score
Globe Industries Corp TPE:1324
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Industries Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Globe Industries's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=656.465/160.578
=4.09

Globe Industries's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=656.465/160.578
=4.09

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 4.09 mean?
Globe Industries (TPE:1324) has a Current Ratio of 4.09 as of Dec. 2025. This is 17% above median its historical median of 3.49. Over the past decade, Globe Industries' Current Ratio has ranged from 3.08 to 4.12. According to the industry distribution chart, Globe Industries ranks #452 out of 3074 companies in the Industrial Products industry, placing it in the top 14.7%.
Is Globe Industries' Current Ratio too high?
Globe Industries' current Current Ratio of 4.09 is 17% above median its 10-year median of 3.49. Over the past 10 years, this metric has ranged from a low of 3.08 to a high of 4.12. The Industrial Products industry median Current Ratio is 1.96. Globe Industries' value of 4.09 is 108.7% above this industry median. Based on the distribution chart, Globe Industries ranks #452 out of 3074 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Globe Industries has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Industries' Current Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Globe Industries ranks #452 out of 3074 companies for Current Ratio. This places Globe Industries in the top 15% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. Globe Industries' value of 4.09 is 108.7% above this benchmark. Historically, Globe Industries' own Current Ratio has ranged from 3.08 to 4.12 over the past decade. While the company's 10-year median is 3.49 vs. the industry median of 1.96, Globe Industries 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 Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,074 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globe Industries's current Current Ratio of 4.09 is 108.7% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Industries's current Current Ratio is 4.09, which is 17% above median its own 10-year median of 3.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Industries stock overvalued right now?
Based on GuruFocus' analysis, Globe Industries (TPE:1324) is currently considered Fairly Valued. The stock's GF Value™ is NT$9.89, compared to a current price of NT$10.35 — trading 4.7% above its estimated fair value. The current Current Ratio is 4.09, which is 17% above median its 10-year median of 3.49 and 108.7% above the Industrial Products industry median of 1.96. Globe Industries' overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Globe Industries (TPE:1324), the current Current Ratio is 4.09 as of Dec. 2025. 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 Globe Industries (TPE:1324) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Industries stock appears to be overvalued. The current stock price of NT$10.35 is trading 4.7% above its estimated GF Value™ of NT$9.89. GuruFocus considers Globe Industries to be Fairly Valued.

Key valuation signals for TPE:1324:

  • Current Ratio: 4.09 (17% above median its 10-year median of 3.49)
  • GF Value™: NT$9.89 vs. price of NT$10.35 (4.7% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 108.7% above the Industrial Products median (#452 of 3074)

No single metric tells the full story. See the TPE:1324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Industries Business Description

Address Nanjing East Road, 7th Floor, No. 61, Section 3, Zhongshan District, Taipei, TWN, 104507
Globe Industries Corp is a manufacturer of different tapes. The products offered by the company include PVC electrical insulating tape, protective tape, masking tape, foil tape, and packaging tape, among others. Geographically, the company generates a majority of its revenue from its business in Taiwan and the rest from Africa, the Middle East, East Asia, and other regions.
65GF Score

Get the complete analysis for TPE:1324

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$10.35
Price
NT$9.89
GF Value