Southeast Cement Co (TPE:1110) PB Ratio: 0.96 (As of Jul. 25, 2026) — 14% Below Median

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TPE:1110 Southeast Cement Co Ltd TPE:1110
74 GF Score
Price NT$15.95
GF Value NT$25.72
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Southeast Cement Co PB Ratio?

Southeast Cement Co TPE:1110 -0.62% 74 PB Ratio is 0.96 as of Jul. 25, 2026, which is 14% below its 10-year median of 1.12. GuruFocus rates TPE:1110 with a GF Score™ of 74/100 and a GF Value™ of NT$25.72 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 399 Building Materials companies, Southeast Cement Co ranks better than 55.89% 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 (2026-07-25), Southeast Cement Co's share price is NT$15.95. Southeast Cement Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$16.61. Hence, Southeast Cement Co's PB Ratio of today is 0.96.

The historical rank and industry rank for Southeast Cement Co's PB Ratio or its related term are showing as below:

TPE:1110' s PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.12   Max: 1.53
Current: 0.97

During the past 13 years, Southeast Cement Co's highest PB Ratio was 1.53. The lowest was 0.85. And the median was 1.12.

TPE:1110's PB Ratio is ranked better than
55.89% of 399 companies
in the Building Materials industry
Industry Median: 1.15 vs TPE:1110: 0.97

During the past 12 months, Southeast Cement Co'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 3.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Southeast Cement Co was 3.10% per year. The lowest was -1.00% per year. And the median was 0.50% per year.

Back to Basics: PB Ratio


Southeast Cement Co  (TPE:1110) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Southeast Cement Co PB Ratio Related Terms


Southeast Cement Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Southeast Cement Co'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.

Southeast Cement Co PB Ratio Chart

Southeast Cement Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.23 1.20 1.24 1.00

Southeast Cement Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PB Ratio 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 1.24 1.10 1.19 1.00 1.00

TPE:1110 vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, Southeast Cement Co'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.


Southeast Cement Co PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Southeast Cement Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Southeast Cement Co's PB Ratio falls into.


TPE:1110
74GF Score
Southeast Cement Co Ltd TPE:1110
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southeast Cement Co PB Ratio Calculation

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.

Southeast Cement Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=15.95/16.613
=0.96

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.96 mean?
Southeast Cement Co (TPE:1110) has a PB Ratio of 0.96 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Southeast Cement Co and its competitors. This is 14% below median its historical median of 1.12. Over the past decade, Southeast Cement Co's PB Ratio has ranged from 0.85 to 1.53. According to the industry distribution chart, Southeast Cement Co ranks #176 out of 399 companies in the Building Materials industry, placing it in the top 44.1%.
Is Southeast Cement Co's PB Ratio too high?
Southeast Cement Co's current PB Ratio of 0.96 is 14% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 1.53. The Building Materials industry median PB Ratio is 1.15. Southeast Cement Co's value of 0.96 is 16.5% below this industry median. Based on the distribution chart, Southeast Cement Co ranks #176 out of 399 companies in the Building Materials industry, which is above the industry midpoint. Overall, Southeast Cement Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Southeast Cement Co's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Southeast Cement Co ranks #176 out of 399 companies for PB Ratio. This puts Southeast Cement Co in the upper half of its industry. The industry median PB Ratio is 1.15. Southeast Cement Co's value of 0.96 is 16.5% below this benchmark. Historically, Southeast Cement Co's own PB Ratio has ranged from 0.85 to 1.53 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.15, Southeast Cement Co 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 1.15, based on 399 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. Southeast Cement Co's current PB Ratio of 0.96 is 16.5% 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 Southeast Cement Co and its competitors. For the Building Materials industry, the median PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southeast Cement Co's current PB Ratio is 0.96, which is 14% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southeast Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Southeast Cement Co (TPE:1110) is currently considered Possible Value Trap. The stock's GF Value™ is NT$25.72, compared to a current price of NT$15.95 — trading 38% below its estimated fair value. The current PB Ratio is 0.96, which is 14% below median its 10-year median of 1.12 and 16.5% below the Building Materials industry median of 1.15. Southeast Cement Co's overall GF Score™ is 74/100 with 8 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 Southeast Cement Co (TPE:1110), the current PB Ratio is 0.96 as of Jul. 25, 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 Southeast Cement Co (TPE:1110) Overvalued in 2026?

Based on GuruFocus' analysis, Southeast Cement Co stock appears to be undervalued. The current stock price of NT$15.95 is trading 38% below its estimated GF Value™ of NT$25.72. GuruFocus considers Southeast Cement Co to be Possible Value Trap.

Key valuation signals for TPE:1110:

  • PB Ratio: 0.96 (14% below median its 10-year median of 1.12)
  • GF Value™: NT$25.72 vs. price of NT$15.95 (38% below fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 16.5% below the Building Materials median (#176 of 399)

No single metric tells the full story. See the TPE:1110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southeast Cement Co Business Description

Address WuFu 3rd Road, No.21, 4th Floor - 1, Qianjin District, Kaohsiung City, TWN, 801
Southeast Cement Co Ltd is mainly engaged in the manufacturing and sale of cement-related products. Its main business activities include manufacturing and selling cement, furnace slag powder, cement processed products, and ready-mixed concrete. Its products include Bootland Type 1 Cement and Water-quenched Blast Furnace Slag Powder. The Company operates through four reportable segments: Production Department, which generates the maximum revenue and is engaged in the production and sales of cement and furnace slag powder; Lease Department, engaged in the rental business of properties such as land and factories; Construction Department, engaged in the construction of residences and sales business; and Engineering Department, engaged in contracting construction and engineering services.
74GF Score

Get the complete analysis for TPE:1110

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

NT$15.95
Price
NT$25.72
GF Value