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Asia CementTPE:1102 -2.01%83 PB Ratio is 0.67 as of Jul. 15, 2026, which is 26% below its 10-year median of 0.90. GuruFocus rates TPE:1102 with a GF Score™ of 83/100 and a GF Value™ of NT$35.73 (Fairly Valued). The stock has 6 warning signs investors should review. Among 398 Building Materials companies, Asia Cement ranks better than 73.87% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-15), Asia Cement's share price is NT$34.20. Asia Cement's Book Value per Share for the quarter that ended in Dec. 2025 was NT$50.83. Hence, Asia Cement's PB Ratio of today is 0.67.
Good Sign:
Asia Cement Corp stock PB Ratio (=0.7) is close to 10-year low of 0.67.
The historical rank and industry rank for Asia Cement's PB Ratio or its related term are showing as below:
TPE:1102'
s PB Ratio Range Over the Past 10 Years
Min: 0.67 Med: 0.9 Max: 1.25
Current: 0.67
During the past 13 years, Asia Cement's highest PB Ratio was 1.25. The lowest was 0.67. And the median was 0.90.
TPE:1102's PB Ratio is ranked better than 73.87% of 398
companies
in the Building Materials industry
Industry Median: 1.17
vs TPE:1102: 0.67
During the past 12 months, Asia Cement's average Book Value Per Share Growth Rate was -0.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asia Cement was 19.60% per year. The lowest was -3.50% per year. And the median was 3.90% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Asia Cement PB Ratio Related Terms
Asia Cement PB Ratio Historical Data
* Premium members only.
The historical data trend for Asia Cement's PB 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.
For the Building Materials subindustry, Asia Cement's PB Ratio, along with its competitors' market caps and PB 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.
Asia Cement PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Asia Cement's PB Ratio distribution charts can be found below:
* The bar in red indicates where Asia Cement's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Asia Cement's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Asia Cement (TPE:1102) has a PB Ratio of 0.67 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asia Cement and its competitors. This is 26% below median its historical median of 0.90. Over the past decade, Asia Cement's PB Ratio has ranged from 0.67 to 1.25. According to the industry distribution chart, Asia Cement ranks #104 out of 398 companies in the Building Materials industry, placing it in the top 26.1%.
Is Asia Cement's PB Ratio too high?
Asia Cement's current PB Ratio of 0.67 is 26% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.25. The Building Materials industry median PB Ratio is 1.17. Asia Cement's value of 0.67 is 42.7% below this industry median. Based on the distribution chart, Asia Cement ranks #104 out of 398 companies in the Building Materials industry, which is above the industry midpoint. Overall, Asia Cement has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Cement's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Asia Cement ranks #104 out of 398 companies for PB Ratio. This puts Asia Cement in the upper half of its industry. The industry median PB Ratio is 1.17. Asia Cement's value of 0.67 is 42.7% below this benchmark. Historically, Asia Cement's own PB Ratio has ranged from 0.67 to 1.25 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.17, Asia Cement 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 PB Ratio for a Building Materials company?
The median PB Ratio among Building Materials companies is 1.17, based on 398 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asia Cement's current PB Ratio of 0.67 is 42.7% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asia Cement and its competitors. For the Building Materials industry, the median PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Cement's current PB Ratio is 0.67, which is 26% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Cement stock overvalued right now?
Based on GuruFocus' analysis, Asia Cement (TPE:1102) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.73, compared to a current price of NT$34.20 — trading 4.3% below its estimated fair value. The current PB Ratio is 0.67, which is 26% below median its 10-year median of 0.90 and 42.7% below the Building Materials industry median of 1.17. Asia Cement's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Asia Cement (TPE:1102), the current PB Ratio is 0.67 as of Jul. 15, 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 Asia Cement (TPE:1102) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Cement stock appears to be undervalued.
The current stock price of NT$34.20 is trading 4.3% below its estimated GF Value™ of NT$35.73.
GuruFocus considers Asia Cement to be Fairly Valued.
Key valuation signals for TPE:1102:
PB Ratio: 0.67 (26% below median its 10-year median of 0.90)
GF Value™: NT$35.73 vs. price of NT$34.20 (4.3% below fair value)
Industry Position: 42.7% below the Building Materials median (#104 of 398)
No single metric tells the full story. See the TPE:1102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries, and engages in leasing activities. The company is also required to undertake reforestation activities in designated areas. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, and plaster among others. Its reportable segments are as follows: Cement which derives key revenue, Electric Power, Investment, Engineering, Transportation, Stainless Steel, and Leasing. The majority of Its revenue comes from Taiwan and China.
83GF Score
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