Teco Electric & Machinery Co (TPE:1504) PB Ratio: 1.71 (As of Jul. 19, 2026) — 68% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1504 Teco Electric & Machinery Co Ltd TPE:1504
76 GF Score
Price NT$66.80
GF Value NT$54.68
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Teco Electric & Machinery Co PB Ratio?

Teco Electric & Machinery Co TPE:1504 -4.43% 76 PB Ratio is 1.71 as of Jul. 19, 2026, which is 68% above its 10-year median of 1.02. GuruFocus rates TPE:1504 with a GF Score™ of 76/100 and a GF Value™ of NT$54.68 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,981 Industrial Products companies, Teco Electric & Machinery Co ranks better than 59.41% 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 (2026-07-19), Teco Electric & Machinery Co's share price is NT$66.80. Teco Electric & Machinery Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$39.08. Hence, Teco Electric & Machinery Co's PB Ratio of today is 1.71.

The historical rank and industry rank for Teco Electric & Machinery Co's PB Ratio or its related term are showing as below:

TPE:1504' s PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.02   Max: 3.12
Current: 1.71

During the past 13 years, Teco Electric & Machinery Co's highest PB Ratio was 3.12. The lowest was 0.63. And the median was 1.02.

TPE:1504's PB Ratio is ranked better than
59.41% of 2981 companies
in the Industrial Products industry
Industry Median: 2.11 vs TPE:1504: 1.71

During the past 12 months, Teco Electric & Machinery Co's average Book Value Per Share Growth Rate was 9.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Teco Electric & Machinery Co was 16.00% per year. The lowest was -5.40% per year. And the median was 4.15% per year.

Back to Basics: PB Ratio


Teco Electric & Machinery Co  (TPE:1504) 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.


Teco Electric & Machinery Co PB Ratio Related Terms


Teco Electric & Machinery Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Teco Electric & Machinery 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.

Teco Electric & Machinery Co PB Ratio Chart

Teco Electric & Machinery 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 0.75 0.73 1.23 1.46 2.15

Teco Electric & Machinery 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 1.46 1.43 1.44 2.54 2.15

TPE:1504 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Teco Electric & Machinery 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.


Teco Electric & Machinery Co PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Teco Electric & Machinery Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Teco Electric & Machinery Co's PB Ratio falls into.


TPE:1504
76GF Score
Teco Electric & Machinery Co Ltd TPE:1504
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teco Electric & Machinery 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.

Teco Electric & Machinery Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=66.80/39.08
=1.71

* 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 1.71 mean?
Teco Electric & Machinery Co (TPE:1504) has a PB Ratio of 1.71 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Teco Electric & Machinery Co and its competitors. This is 68% above median its historical median of 1.02. Over the past decade, Teco Electric & Machinery Co's PB Ratio has ranged from 0.63 to 3.12. According to the industry distribution chart, Teco Electric & Machinery Co ranks #1210 out of 2981 companies in the Industrial Products industry, placing it in the top 40.6%.
Is Teco Electric & Machinery Co's PB Ratio too high?
Teco Electric & Machinery Co's current PB Ratio of 1.71 is 68% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 3.12. The Industrial Products industry median PB Ratio is 2.11. Teco Electric & Machinery Co's value of 1.71 is 19% below this industry median. Based on the distribution chart, Teco Electric & Machinery Co ranks #1210 out of 2981 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Teco Electric & Machinery Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teco Electric & Machinery Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Teco Electric & Machinery Co ranks #1210 out of 2981 companies for PB Ratio. This puts Teco Electric & Machinery Co in the upper half of its industry. The industry median PB Ratio is 2.11. Teco Electric & Machinery Co's value of 1.71 is 19% below this benchmark. Historically, Teco Electric & Machinery Co's own PB Ratio has ranged from 0.63 to 3.12 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 2.11, Teco Electric & Machinery 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.11, based on 2,981 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. Teco Electric & Machinery Co's current PB Ratio of 1.71 is 19% 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 Teco Electric & Machinery Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teco Electric & Machinery Co's current PB Ratio is 1.71, which is 68% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teco Electric & Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Teco Electric & Machinery Co (TPE:1504) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$54.68, compared to a current price of NT$66.80 — trading 22.2% above its estimated fair value. The current PB Ratio is 1.71, which is 68% above median its 10-year median of 1.02 and 19% below the Industrial Products industry median of 2.11. Teco Electric & Machinery Co's overall GF Score™ is 76/100 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 Teco Electric & Machinery Co (TPE:1504), the current PB Ratio is 1.71 as of Jul. 19, 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 Teco Electric & Machinery Co (TPE:1504) Overvalued in 2026?

Based on GuruFocus' analysis, Teco Electric & Machinery Co stock appears to be overvalued. The current stock price of NT$66.80 is trading 22.2% above its estimated GF Value™ of NT$54.68. GuruFocus considers Teco Electric & Machinery Co to be Modestly Overvalued.

Key valuation signals for TPE:1504:

  • PB Ratio: 1.71 (68% above median its 10-year median of 1.02)
  • GF Value™: NT$54.68 vs. price of NT$66.80 (22.2% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 19% below the Industrial Products median (#1210 of 2981)

No single metric tells the full story. See the TPE:1504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Teco Electric & Machinery Co Business Description

Address No. 19-9, San Chong Road, Nan-Kang, 5th Floor, Taipei, TWN, 11501
Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units, and electronic equipment products. The company's Heavy industrial products, the product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its revenue from Taiwan.
76GF Score

Get the complete analysis for TPE:1504

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

NT$66.80
Price
NT$54.68
GF Value