Taiwan Glass Ind (TPE:1802) Current Ratio: 1.41 (As of Mar. 2026) — 22% Above Median

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TPE:1802 Taiwan Glass Ind Corp TPE:1802
45 GF Score
Price NT$51.00
GF Value NT$18.84
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Taiwan Glass Ind Current Ratio?

Taiwan Glass Ind TPE:1802 -6.08% 45 Current Ratio is 1.41 as of Mar. 2026, which is 22% above its 10-year median of 1.16. GuruFocus rates TPE:1802 with a GF Score™ of 45/100 and a GF Value™ of NT$18.84 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 408 Building Materials companies, Taiwan Glass Ind ranks worse than 54.66% 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. Taiwan Glass Ind's current ratio for the quarter that ended in Mar. 2026 was 1.41.

Taiwan Glass Ind has a current ratio of 1.41. It generally indicates good short-term financial strength.

The historical rank and industry rank for Taiwan Glass Ind's Current Ratio or its related term are showing as below:

TPE:1802' s Current Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.16   Max: 1.93
Current: 1.41

During the past 13 years, Taiwan Glass Ind's highest Current Ratio was 1.93. The lowest was 0.71. And the median was 1.16.

TPE:1802's Current Ratio is ranked worse than
54.66% of 408 companies
in the Building Materials industry
Industry Median: 1.515 vs TPE:1802: 1.41

Taiwan Glass Ind  (TPE:1802) 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.


Taiwan Glass Ind Current Ratio Related Terms


Taiwan Glass Ind Current Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Glass Ind'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.

Taiwan Glass Ind Current Ratio Chart

Taiwan Glass Ind 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 1.69 1.27 1.36 1.17 1.28

Taiwan Glass Ind Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.09 1.07 1.13 1.28 1.41

TPE:1802 vs CRH, VMC, MLM: Current Ratio Comparison

For the Building Materials subindustry, Taiwan Glass Ind'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.


Taiwan Glass Ind Current Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiwan Glass Ind's Current Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Glass Ind's Current Ratio falls into.


TPE:1802
45GF Score
Taiwan Glass Ind Corp TPE:1802
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Glass Ind 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.

Taiwan Glass Ind'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 )
=37342.131/29082.191
=1.28

Taiwan Glass Ind's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=37068.563/26269.291
=1.41

* 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 1.41 mean?
Taiwan Glass Ind (TPE:1802) has a Current Ratio of 1.41 as of Mar. 2026. This is 22% above median its historical median of 1.16. Over the past decade, Taiwan Glass Ind's Current Ratio has ranged from 0.71 to 1.93. According to the industry distribution chart, Taiwan Glass Ind ranks #223 out of 408 companies in the Building Materials industry, placing it in the top 54.7%.
Is Taiwan Glass Ind's Current Ratio too high?
Taiwan Glass Ind's current Current Ratio of 1.41 is 22% above median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.93. The Building Materials industry median Current Ratio is 1.52. Taiwan Glass Ind's value of 1.41 is 6.9% below this industry median. Based on the distribution chart, Taiwan Glass Ind ranks #223 out of 408 companies in the Building Materials industry, which is below the industry midpoint. Overall, Taiwan Glass Ind has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Glass Ind's Current Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiwan Glass Ind ranks #223 out of 408 companies for Current Ratio. This places Taiwan Glass Ind in the lower half of its industry. The industry median Current Ratio is 1.52. Taiwan Glass Ind's value of 1.41 is 6.9% below this benchmark. Historically, Taiwan Glass Ind's own Current Ratio has ranged from 0.71 to 1.93 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 1.52, Taiwan Glass Ind has consistently been below 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 a Building Materials company?
The median Current Ratio among Building Materials companies is 1.52, based on 408 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. Taiwan Glass Ind's current Current Ratio of 1.41 is 6.9% below 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 Building Materials industry, the median Current Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Glass Ind's current Current Ratio is 1.41, which is 22% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Glass Ind stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Glass Ind (TPE:1802) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.84, compared to a current price of NT$51.00 — trading 170.7% above its estimated fair value. The current Current Ratio is 1.41, which is 22% above median its 10-year median of 1.16 and 6.9% below the Building Materials industry median of 1.52. Taiwan Glass Ind's overall GF Score™ is 45/100 with 5 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 Taiwan Glass Ind (TPE:1802), the current Current Ratio is 1.41 as of Mar. 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 Taiwan Glass Ind (TPE:1802) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Glass Ind stock appears to be overvalued. The current stock price of NT$51.00 is trading 170.7% above its estimated GF Value™ of NT$18.84. GuruFocus considers Taiwan Glass Ind to be Significantly Overvalued.

Key valuation signals for TPE:1802:

  • Current Ratio: 1.41 (22% above median its 10-year median of 1.16)
  • GF Value™: NT$18.84 vs. price of NT$51.00 (170.7% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 6.9% below the Building Materials median (#223 of 408)

No single metric tells the full story. See the TPE:1802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Glass Ind Business Description

Address No. 261, Section 3, Nanjing East Road, 11th Floor, TG Building, Songshan District, Taipei, TWN, 105-405
Taiwan Glass Ind Corp is engaged in the manufacturing, processing, and selling of various glass products. Its products include flat glass, auto glass, ultra-thin glass, photoelectric glass, fiber glass, and containers, tableware & kitchenware. The company's segments include Flat Glass Segment, engaged in the manufacturing and selling of flat glass; Glass Container Segment, engaged in the manufacturing and selling of glass containers; and Glass Fiber Segment, engaged in the manufacturing and selling of glass fibers. It derives the majority of its revenue from the Flat Glass segment. Geographically, its operations are spread across Taiwan, China, and Other countries.
45GF Score

Get the complete analysis for TPE:1802

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

NT$51.00
Price
NT$18.84
GF Value