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.
Globe IndustriesTPE:1324 +0.99%65 Debt-to-Equity is 0.13 as of Jun. 2026, which is 18% above its 10-year median of 0.11. GuruFocus rates TPE:1324 with a GF Score™ of 65/100 and a GF Value™ of NT$9.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,683 Industrial Products companies, Globe Industries ranks better than 69.88% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Globe Industries's Debt-to-Equity or its related term are showing as below:
TPE:1324'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.11 Max: 0.14
Current: 0.13
During the past 13 years, the highest Debt-to-Equity Ratio of Globe Industries was 0.14. The lowest was 0.08. And the median was 0.11.
TPE:1324's Debt-to-Equity is ranked better than 69.88% of 2683
companies
in the Industrial Products industry
Industry Median: 0.3
vs TPE:1324: 0.13
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Globe Industries Debt-to-Equity Related Terms
Globe Industries Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Globe Industries's Debt-to-Equity 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.
For the Business Equipment & Supplies subindustry, Globe Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Globe Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Globe Industries's Debt-to-Equity 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.
Globe Industries (TPE:1324) has a Debt-to-Equity of 0.13 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Globe Industries and its competitors. This is 18% above median its historical median of 0.11. Over the past decade, Globe Industries' Debt-to-Equity has ranged from 0.08 to 0.14. According to the industry distribution chart, Globe Industries ranks #808 out of 2683 companies in the Industrial Products industry, placing it in the top 30.1%.
Is Globe Industries' Debt-to-Equity too high?
Globe Industries' current Debt-to-Equity of 0.13 is 18% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.14. The Industrial Products industry median Debt-to-Equity is 0.30. Globe Industries' value of 0.13 is 56.7% below this industry median. Based on the distribution chart, Globe Industries ranks #808 out of 2683 companies in the Industrial Products industry, which is above the industry midpoint. 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' Debt-to-Equity compare to competitors?
According to the Industrial Products industry distribution chart, Globe Industries ranks #808 out of 2683 companies for Debt-to-Equity. This puts Globe Industries in the upper half of its industry. The industry median Debt-to-Equity is 0.30. Globe Industries' value of 0.13 is 56.7% below this benchmark. Historically, Globe Industries' own Debt-to-Equity has ranged from 0.08 to 0.14 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.30, Globe Industries 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 Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.30, based on 2,683 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globe Industries's current Debt-to-Equity of 0.13 is 56.7% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Globe Industries and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Industries's current Debt-to-Equity is 0.13, which is 18% above median its own 10-year median of 0.11. 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$9.42, compared to a current price of NT$10.20 — trading 8.3% above its estimated fair value. The current Debt-to-Equity is 0.13, which is 18% above median its 10-year median of 0.11 and 56.7% below the Industrial Products industry median of 0.30. 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 Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Globe Industries (TPE:1324), the current Debt-to-Equity is 0.13 as of Jun. 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 Globe Industries (TPE:1324) Overvalued in 2026?
Based on GuruFocus' analysis, Globe Industries stock appears to be overvalued.
The current stock price of NT$10.20 is trading 8.3% above its estimated GF Value™ of NT$9.42.
GuruFocus considers Globe Industries to be Fairly Valued.
Key valuation signals for TPE:1324:
Debt-to-Equity: 0.13 (18% above median its 10-year median of 0.11)
GF Value™: NT$9.42 vs. price of NT$10.20 (8.3% above fair value)
Industry Position: 56.7% below the Industrial Products median (#808 of 2683)
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 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
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:1324 has been successfully added to your 
