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Shining Building Business CoTPE:5531 -1.74%46 Debt-to-Equity is 2.29 as of Jun. 2026, which is 27% above its 10-year median of 1.81. GuruFocus rates TPE:5531 with a GF Score™ of 46/100 and a GF Value™ of NT$3.26 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,614 Construction companies, Shining Building Business Co ranks worse than 92.5% 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 Shining Building Business Co's Debt-to-Equity or its related term are showing as below:
TPE:5531'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.3 Med: 1.81 Max: 2.29
Current: 2.29
During the past 13 years, the highest Debt-to-Equity Ratio of Shining Building Business Co was 2.29. The lowest was 1.30. And the median was 1.81.
TPE:5531's Debt-to-Equity is ranked worse than 92.5% of 1614
companies
in the Construction industry
Industry Median: 0.4
vs TPE:5531: 2.29
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.
Shining Building Business Co Debt-to-Equity Related Terms
Shining Building Business Co Debt-to-Equity Historical Data
* 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.
TPE:5531 vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Shining Building Business Co'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.
Shining Building Business Co Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Shining Building Business Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Shining Building Business Co'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.
Shining Building Business Co (TPE:5531) has a Debt-to-Equity of 2.29 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shining Building Business Co and its competitors. This is 27% above median its historical median of 1.81. Over the past decade, Shining Building Business Co's Debt-to-Equity has ranged from 1.30 to 2.29. According to the industry distribution chart, Shining Building Business Co ranks #1493 out of 1614 companies in the Construction industry, placing it in the top 92.5%.
Is Shining Building Business Co's Debt-to-Equity too high?
Shining Building Business Co's current Debt-to-Equity of 2.29 is 27% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 2.29. The Construction industry median Debt-to-Equity is 0.40. Shining Building Business Co's value of 2.29 is 472.5% above this industry median. Based on the distribution chart, Shining Building Business Co ranks #1493 out of 1614 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shining Building Business Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shining Building Business Co's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Shining Building Business Co ranks #1493 out of 1614 companies for Debt-to-Equity. This places Shining Building Business Co in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Shining Building Business Co's value of 2.29 is 472.5% above this benchmark. Historically, Shining Building Business Co's own Debt-to-Equity has ranged from 1.30 to 2.29 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 0.40, Shining Building Business Co 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 Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,614 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. Shining Building Business Co's current Debt-to-Equity of 2.29 is 472.5% 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 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 Shining Building Business Co and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shining Building Business Co's current Debt-to-Equity is 2.29, which is 27% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Building Business Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Building Business Co (TPE:5531) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.26, compared to a current price of NT$7.34 — trading 125.2% above its estimated fair value. The current Debt-to-Equity is 2.29, which is 27% above median its 10-year median of 1.81 and 472.5% above the Construction industry median of 0.40. Shining Building Business Co's overall GF Score™ is 46/100 with 8 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 Shining Building Business Co (TPE:5531), the current Debt-to-Equity is 2.29 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 Shining Building Business Co (TPE:5531) Overvalued in 2026?
Based on GuruFocus' analysis, Shining Building Business Co stock appears to be overvalued.
The current stock price of NT$7.34 is trading 125.2% above its estimated GF Value™ of NT$3.26.
GuruFocus considers Shining Building Business Co to be Significantly Overvalued.
Key valuation signals for TPE:5531:
Debt-to-Equity: 2.29 (27% above median its 10-year median of 1.81)
GF Value™: NT$3.26 vs. price of NT$7.34 (125.2% above fair value)
Industry Position: 472.5% above the Construction median (#1493 of 1614)
No single metric tells the full story. See the TPE:5531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shining Building Business Co Ltd is engaged in the business of entrusting construction firms to build commercial buildings, and rent and sell public housing. The company operates through three business segments. i) Building unit: It is engaged in the business of building commercial buildings and renting and selling public housing. ii) Construction unit: It is engaged in construction and civil engineering, and iii) Other units: It is mainly engaged in hotel construction and real estate development and general investment. The majority of revenue is derived from the Building unit.
46GF Score
Get the complete analysis for TPE:5531
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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