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Universal CementTPE:1104 -1.29%83 PB Ratio is 0.76 as of Jul. 15, 2026, which is 6% below its 10-year median of 0.81. GuruFocus rates TPE:1104 with a GF Score™ of 83/100 and a GF Value™ of NT$30.42 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 398 Building Materials companies, Universal Cement ranks better than 68.84% 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), Universal Cement's share price is NT$26.75. Universal Cement's Book Value per Share for the quarter that ended in Dec. 2025 was NT$35.22. Hence, Universal Cement's PB Ratio of today is 0.76.
Good Sign:
Universal Cement Corp stock PB Ratio (=0.77) is close to 3-year low of 0.75.
The historical rank and industry rank for Universal Cement's PB Ratio or its related term are showing as below:
TPE:1104'
s PB Ratio Range Over the Past 10 Years
Min: 0.53 Med: 0.81 Max: 1.1
Current: 0.76
During the past 13 years, Universal Cement's highest PB Ratio was 1.10. The lowest was 0.53. And the median was 0.81.
TPE:1104's PB Ratio is ranked better than 68.84% of 398
companies
in the Building Materials industry
Industry Median: 1.17
vs TPE:1104: 0.76
During the past 12 months, Universal Cement's average Book Value Per Share Growth Rate was 2.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Universal Cement was 7.10% per year. The lowest was 1.90% per year. And the median was 4.20% 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.
Universal Cement PB Ratio Related Terms
Universal Cement PB Ratio Historical Data
* Premium members only.
The historical data trend for Universal 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, Universal 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.
Universal Cement PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Universal Cement's PB Ratio distribution charts can be found below:
* The bar in red indicates where Universal 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.
* 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.
Universal Cement (TPE:1104) has a PB Ratio of 0.76 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 Universal Cement and its competitors. This is near median its historical median of 0.81. Over the past decade, Universal Cement's PB Ratio has ranged from 0.53 to 1.10. According to the industry distribution chart, Universal Cement ranks #124 out of 398 companies in the Building Materials industry, placing it in the top 31.2%.
Is Universal Cement's PB Ratio too high?
Universal Cement's current PB Ratio of 0.76 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.10. The Building Materials industry median PB Ratio is 1.17. Universal Cement's value of 0.76 is 35% below this industry median. Based on the distribution chart, Universal Cement ranks #124 out of 398 companies in the Building Materials industry, which is above the industry midpoint. Overall, Universal Cement has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Cement's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Universal Cement ranks #124 out of 398 companies for PB Ratio. This puts Universal Cement in the upper half of its industry. The industry median PB Ratio is 1.17. Universal Cement's value of 0.76 is 35% below this benchmark. Historically, Universal Cement's own PB Ratio has ranged from 0.53 to 1.10 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.17, Universal 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. Universal Cement's current PB Ratio of 0.76 is 35% 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 Universal 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. Universal Cement's current PB Ratio is 0.76, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Cement stock overvalued right now?
Based on GuruFocus' analysis, Universal Cement (TPE:1104) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.42, compared to a current price of NT$26.75 — trading 12.1% below its estimated fair value. The current PB Ratio is 0.76, which is near median its 10-year median of 0.81 and 35% below the Building Materials industry median of 1.17. Universal Cement's overall GF Score™ is 83/100 with 2 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 Universal Cement (TPE:1104), the current PB Ratio is 0.76 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 Universal Cement (TPE:1104) Overvalued in 2026?
Based on GuruFocus' analysis, Universal Cement stock appears to be undervalued.
The current stock price of NT$26.75 is trading 12.1% below its estimated GF Value™ of NT$30.42.
GuruFocus considers Universal Cement to be Modestly Undervalued.
Key valuation signals for TPE:1104:
PB Ratio: 0.76 (near median its 10-year median of 0.81)
GF Value™: NT$30.42 vs. price of NT$26.75 (12.1% below fair value)
Industry Position: 35% below the Building Materials median (#124 of 398)
No single metric tells the full story. See the TPE:1104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Universal Cement Corporation is a Taiwan-based company predominantly engaged in manufacturing and selling cement and related construction materials. The company's reportable segments include Building materials and others. The majority of its revenue is generated from the building materials segment which is engaged in manufacturing and selling cement, concrete, and gypsum board. Geographically, key revenue for the company is derived from Taiwan.
83GF Score
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