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Carnival IndustrialTPE:1417 -3.41%51 PB Ratio is 0.69 as of Jul. 24, 2026, which is 4% below its 10-year median of 0.72. GuruFocus rates TPE:1417 with a GF Score™ of 51/100 and a GF Value™ of NT$3.61 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,080 Retail - Cyclical companies, Carnival Industrial ranks better than 76.39% on this metric.
The historical rank and industry rank for Carnival Industrial's PB Ratio or its related term are showing as below:
TPE:1417'
s PB Ratio Range Over the Past 10 Years
Min: 0.44 Med: 0.72 Max: 1.16
Current: 0.69
During the past 13 years, Carnival Industrial's highest PB Ratio was 1.16. The lowest was 0.44. And the median was 0.72.
TPE:1417's PB Ratio is ranked better than 76.39% of 1080
companies
in the Retail - Cyclical industry
Industry Median: 1.44
vs TPE:1417: 0.69
During the past 12 months, Carnival Industrial's average Book Value Per Share Growth Rate was 1.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -5.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Carnival Industrial was 3.00% per year. The lowest was -10.10% per year. And the median was -4.75% per year.
Back to Basics: PB Ratio
Carnival Industrial (TPE:1417) PB Ratio Explanation
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.
Carnival Industrial PB Ratio Related Terms
Carnival Industrial PB Ratio Historical Data
* Premium members only.
The historical data trend for Carnival Industrial'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 Apparel Retail subindustry, Carnival Industrial'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.
Carnival Industrial PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Carnival Industrial's PB Ratio distribution charts can be found below:
* The bar in red indicates where Carnival Industrial'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.
Carnival Industrial (TPE:1417) has a PB Ratio of 0.69 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Carnival Industrial and its competitors. This is near median its historical median of 0.72. Over the past decade, Carnival Industrial's PB Ratio has ranged from 0.44 to 1.16. According to the industry distribution chart, Carnival Industrial ranks #255 out of 1080 companies in the Retail - Cyclical industry, placing it in the top 23.6%.
Is Carnival Industrial's PB Ratio too high?
Carnival Industrial's current PB Ratio of 0.69 is near median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.16. The Retail - Cyclical industry median PB Ratio is 1.44. Carnival Industrial's value of 0.69 is 52.1% below this industry median. Based on the distribution chart, Carnival Industrial ranks #255 out of 1080 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Carnival Industrial has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carnival Industrial's PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Carnival Industrial ranks #255 out of 1080 companies for PB Ratio. This places Carnival Industrial in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.44. Carnival Industrial's value of 0.69 is 52.1% below this benchmark. Historically, Carnival Industrial's own PB Ratio has ranged from 0.44 to 1.16 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.44, Carnival Industrial 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.44, based on 1,080 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. Carnival Industrial's current PB Ratio of 0.69 is 52.1% 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 Carnival Industrial and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carnival Industrial's current PB Ratio is 0.69, which is near median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carnival Industrial stock overvalued right now?
Based on GuruFocus' analysis, Carnival Industrial (TPE:1417) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.61, compared to a current price of NT$8.50 — trading 135.5% above its estimated fair value. The current PB Ratio is 0.69, which is near median its 10-year median of 0.72 and 52.1% below the Retail - Cyclical industry median of 1.44. Carnival Industrial's overall GF Score™ is 51/100 with 1 warning sign 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 Carnival Industrial (TPE:1417), the current PB Ratio is 0.69 as of Jul. 24, 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 Carnival Industrial (TPE:1417) Overvalued in 2026?
Based on GuruFocus' analysis, Carnival Industrial stock appears to be overvalued.
The current stock price of NT$8.50 is trading 135.5% above its estimated GF Value™ of NT$3.61.
GuruFocus considers Carnival Industrial to be Significantly Overvalued.
Key valuation signals for TPE:1417:
PB Ratio: 0.69 (near median its 10-year median of 0.72)
GF Value™: NT$3.61 vs. price of NT$8.50 (135.5% above fair value)
Industry Position: 52.1% below the Retail - Cyclical median (#255 of 1080)
No single metric tells the full story. See the TPE:1417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carnival Industrial Corp is a Taiwan-based Apparel manufacturer. It manufactures and trades apparel and group uniforms, men's and women's garments, including trousers, pants, skirts, fancy dresses, jackets, and apparel accessories under the brand name CARNIVAL. The Group operates in a single line of business in apparel sales. The majority of its revenue comes from the Apparel sales department.
51GF Score
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