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Asia PolymerTPE:1308 -2.09%72 PB Ratio is 0.81 as of Jul. 20, 2026, which is 17% below its 10-year median of 0.98. GuruFocus rates TPE:1308 with a GF Score™ of 72/100 and a GF Value™ of NT$15.25 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,576 Chemicals companies, Asia Polymer ranks better than 78.11% 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 (2026-07-20), Asia Polymer's share price is NT$14.05. Asia Polymer's Book Value per Share for the quarter that ended in Dec. 2025 was NT$17.24. Hence, Asia Polymer's PB Ratio of today is 0.81.
The historical rank and industry rank for Asia Polymer's PB Ratio or its related term are showing as below:
TPE:1308'
s PB Ratio Range Over the Past 10 Years
Min: 0.6 Med: 0.98 Max: 1.92
Current: 0.81
During the past 13 years, Asia Polymer's highest PB Ratio was 1.92. The lowest was 0.60. And the median was 0.98.
TPE:1308's PB Ratio is ranked better than 78.11% of 1576
companies
in the Chemicals industry
Industry Median: 1.65
vs TPE:1308: 0.81
During the past 12 months, Asia Polymer's average Book Value Per Share Growth Rate was -10.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -10.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asia Polymer was 20.80% per year. The lowest was -10.40% per year. And the median was 3.30% 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 Polymer PB Ratio Related Terms
Asia Polymer PB Ratio Historical Data
* Premium members only.
The historical data trend for Asia Polymer'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 Specialty Chemicals subindustry, Asia Polymer'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 Polymer PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asia Polymer's PB Ratio distribution charts can be found below:
* The bar in red indicates where Asia Polymer'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 Polymer'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 Polymer (TPE:1308) has a PB Ratio of 0.81 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asia Polymer and its competitors. This is 17% below median its historical median of 0.98. Over the past decade, Asia Polymer's PB Ratio has ranged from 0.60 to 1.92. According to the industry distribution chart, Asia Polymer ranks #345 out of 1576 companies in the Chemicals industry, placing it in the top 21.9%.
Is Asia Polymer's PB Ratio too high?
Asia Polymer's current PB Ratio of 0.81 is 17% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.92. The Chemicals industry median PB Ratio is 1.65. Asia Polymer's value of 0.81 is 50.9% below this industry median. Based on the distribution chart, Asia Polymer ranks #345 out of 1576 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Asia Polymer has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Polymer's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asia Polymer ranks #345 out of 1576 companies for PB Ratio. This places Asia Polymer in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.65. Asia Polymer's value of 0.81 is 50.9% below this benchmark. Historically, Asia Polymer's own PB Ratio has ranged from 0.60 to 1.92 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.65, Asia Polymer 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.65, based on 1,576 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 Polymer's current PB Ratio of 0.81 is 50.9% 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 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 Polymer and its competitors. For the Chemicals industry, the median PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Polymer's current PB Ratio is 0.81, which is 17% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Polymer stock overvalued right now?
Based on GuruFocus' analysis, Asia Polymer (TPE:1308) is currently considered Fairly Valued. The stock's GF Value™ is NT$15.25, compared to a current price of NT$14.05 — trading 7.9% below its estimated fair value. The current PB Ratio is 0.81, which is 17% below median its 10-year median of 0.98 and 50.9% below the Chemicals industry median of 1.65. Asia Polymer's overall GF Score™ is 72/100 with 3 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 Polymer (TPE:1308), the current PB Ratio is 0.81 as of Jul. 20, 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 Polymer (TPE:1308) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Polymer stock appears to be undervalued.
The current stock price of NT$14.05 is trading 7.9% below its estimated GF Value™ of NT$15.25.
GuruFocus considers Asia Polymer to be Fairly Valued.
Key valuation signals for TPE:1308:
PB Ratio: 0.81 (17% below median its 10-year median of 0.98)
GF Value™: NT$15.25 vs. price of NT$14.05 (7.9% below fair value)
Industry Position: 50.9% below the Chemicals median (#345 of 1576)
No single metric tells the full story. See the TPE:1308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Polymer Corp is engaged in designing, developing, manufacturing, and selling low-density polyethylene (LDPE), and ethylene vinyl acetate copolymer (EVA). The company has a single operating segment that produces and sells petrochemical products. Geographically, the company has operations in Taiwan, Asia, and Others, with a majority of its revenue coming from Taiwan.
72GF Score
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