Taiwan Business Bank (TPE:2834) Debt-to-Equity: 0.36 (As of Mar. 2026) — 32% Below 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:2834 Taiwan Business Bank TPE:2834
78 GF Score
Price NT$16.35
GF Value NT$14.46
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Taiwan Business Bank Debt-to-Equity?

Taiwan Business Bank TPE:2834 -0.61% 78 Debt-to-Equity is 0.36 as of Mar. 2026, which is 32% below its 10-year median of 0.53. GuruFocus rates TPE:2834 with a GF Score™ of 78/100 and a GF Value™ of NT$14.46 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,415 Banks companies, Taiwan Business Bank ranks better than 64.1% on this metric.

Taiwan Business Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$0 Mil. Taiwan Business Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$53,989 Mil. Taiwan Business Bank's Total Stockholders Equity for the quarter that ended in Mar. 2026 was NT$149,110 Mil. Taiwan Business Bank's debt to equity for the quarter that ended in Mar. 2026 was 0.36.

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 Taiwan Business Bank's Debt-to-Equity or its related term are showing as below:

TPE:2834' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36   Med: 0.53   Max: 0.75
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Taiwan Business Bank was 0.75. The lowest was 0.36. And the median was 0.53.

TPE:2834's Debt-to-Equity is ranked better than
64.1% of 1415 companies
in the Banks industry
Industry Median: 0.58 vs TPE:2834: 0.36

Taiwan Business Bank  (TPE:2834) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Taiwan Business Bank Debt-to-Equity Related Terms


Taiwan Business Bank Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Taiwan Business Bank'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.

Taiwan Business Bank Debt-to-Equity Chart

Taiwan Business Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.51 0.46 0.42 0.37

Taiwan Business Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.41 0.40 0.37 0.37 0.36

Taiwan Business Bank Debt-to-Equity Competitor Comparison

For the Banks - Regional subindustry, Taiwan Business Bank'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.


Taiwan Business Bank Debt-to-Equity vs Banks Industry

For the Banks industry and Financial Services sector, Taiwan Business Bank's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Taiwan Business Bank's Debt-to-Equity falls into.


TPE:2834
78GF Score
Taiwan Business Bank TPE:2834
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Business Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taiwan Business Bank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Taiwan Business Bank's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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 Debt-to-Equity →
What does a Debt-to-Equity of 0.36 mean?
Taiwan Business Bank (TPE:2834) has a Debt-to-Equity of 0.36 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Taiwan Business Bank and its competitors. This is 32% below median its historical median of 0.53. Over the past decade, Taiwan Business Bank's Debt-to-Equity has ranged from 0.36 to 0.75. According to the industry distribution chart, Taiwan Business Bank ranks #508 out of 1415 companies in the Banks industry, placing it in the top 35.9%.
Is Taiwan Business Bank's Debt-to-Equity too high?
Taiwan Business Bank's current Debt-to-Equity of 0.36 is 32% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.75. The Banks industry median Debt-to-Equity is 0.58. Taiwan Business Bank's value of 0.36 is 37.9% below this industry median. Based on the distribution chart, Taiwan Business Bank ranks #508 out of 1415 companies in the Banks industry, which is above the industry midpoint. Overall, Taiwan Business Bank has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Business Bank's Debt-to-Equity compare to competitors?
According to the Banks industry distribution chart, Taiwan Business Bank ranks #508 out of 1415 companies for Debt-to-Equity. This puts Taiwan Business Bank in the upper half of its industry. The industry median Debt-to-Equity is 0.58. Taiwan Business Bank's value of 0.36 is 37.9% below this benchmark. Historically, Taiwan Business Bank's own Debt-to-Equity has ranged from 0.36 to 0.75 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.58, Taiwan Business Bank 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 a Banks company?
The median Debt-to-Equity among Banks companies is 0.58, based on 1,415 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. Taiwan Business Bank's current Debt-to-Equity of 0.36 is 37.9% 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 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 Taiwan Business Bank and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Business Bank's current Debt-to-Equity is 0.36, which is 32% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Business Bank stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Business Bank (TPE:2834) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$14.46, compared to a current price of NT$16.35 — trading 13.1% above its estimated fair value. The current Debt-to-Equity is 0.36, which is 32% below median its 10-year median of 0.53 and 37.9% below the Banks industry median of 0.58. Taiwan Business Bank's overall GF Score™ is 78/100 with 7 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 Taiwan Business Bank (TPE:2834), the current Debt-to-Equity is 0.36 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 Business Bank (TPE:2834) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Business Bank stock appears to be overvalued. The current stock price of NT$16.35 is trading 13.1% above its estimated GF Value™ of NT$14.46. GuruFocus considers Taiwan Business Bank to be Modestly Overvalued.

Key valuation signals for TPE:2834:

  • Debt-to-Equity: 0.36 (32% below median its 10-year median of 0.53)
  • GF Value™: NT$14.46 vs. price of NT$16.35 (13.1% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 37.9% below the Banks median (#508 of 1415)

No single metric tells the full story. See the TPE:2834 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Business Bank Business Description

Address No. 30 Tacheng Street, Datong District, Taipei, TWN, 103
Taiwan Business Bank is a Taiwan-based company that is principally engaged in providing Financial services including deposits, credit lines, foreign exchange, investment, trusts, and personal financial management. The reportable segments of the Bank are Bank segment, Securities segment, Trust segment, Insurance agency segment and Others. The company generates the majority of its revenue from the Banking Segment.
78GF Score

Get the complete analysis for TPE:2834

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

NT$16.35
Price
NT$14.46
GF Value