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TPE:1537'
s PB Ratio Range Over the Past 10 Years
Min: 2.29 Med: 2.99 Max: 4.21
Current: 2.36
During the past 13 years, Kung Long Batteries Industrial Co's highest PB Ratio was 4.21. The lowest was 2.29. And the median was 2.99.
TPE:1537's PB Ratio is ranked worse than 55.09% of 2979
companies
in the Industrial Products industry
Industry Median: 2.1
vs TPE:1537: 2.36
During the past 12 months, Kung Long Batteries Industrial Co's average Book Value Per Share Growth Rate was -7.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kung Long Batteries Industrial Co was 13.30% per year. The lowest was -1.20% per year. And the median was 7.60% per year.
Back to Basics: PB Ratio
Kung Long Batteries Industrial Co (TPE:1537) 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.
Kung Long Batteries Industrial Co PB Ratio Related Terms
Kung Long Batteries Industrial Co PB Ratio Historical Data
* 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 Electrical Equipment & Parts subindustry, Kung Long Batteries Industrial 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.
Kung Long Batteries Industrial Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kung Long Batteries Industrial Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kung Long Batteries Industrial Co's PB Ratio falls into.
Kung Long Batteries Industrial 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.
* 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.
Kung Long Batteries Industrial Co (TPE:1537) has a PB Ratio of 2.35 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kung Long Batteries Industrial Co and its competitors. This is 21% below median its historical median of 2.99. Over the past decade, Kung Long Batteries Industrial Co's PB Ratio has ranged from 2.29 to 4.21. According to the industry distribution chart, Kung Long Batteries Industrial Co ranks #1641 out of 2979 companies in the Industrial Products industry, placing it in the top 55.1%.
Is Kung Long Batteries Industrial Co's PB Ratio too high?
Kung Long Batteries Industrial Co's current PB Ratio of 2.35 is 21% below median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 4.21. The Industrial Products industry median PB Ratio is 2.10. Kung Long Batteries Industrial Co's value of 2.35 is 11.9% above this industry median. Based on the distribution chart, Kung Long Batteries Industrial Co ranks #1641 out of 2979 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kung Long Batteries Industrial Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kung Long Batteries Industrial Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Kung Long Batteries Industrial Co ranks #1641 out of 2979 companies for PB Ratio. This places Kung Long Batteries Industrial Co in the lower half of its industry. The industry median PB Ratio is 2.10. Kung Long Batteries Industrial Co's value of 2.35 is 11.9% above this benchmark. Historically, Kung Long Batteries Industrial Co's own PB Ratio has ranged from 2.29 to 4.21 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 2.10, Kung Long Batteries Industrial Co has consistently been above 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 2.10, based on 2,979 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. Kung Long Batteries Industrial Co's current PB Ratio of 2.35 is 11.9% above 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 Kung Long Batteries Industrial Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kung Long Batteries Industrial Co's current PB Ratio is 2.35, which is 21% below median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kung Long Batteries Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Kung Long Batteries Industrial Co (TPE:1537) is currently considered Fairly Valued. The stock's GF Value™ is NT$128.24, compared to a current price of NT$126.00 — trading 1.7% below its estimated fair value. The current PB Ratio is 2.35, which is 21% below median its 10-year median of 2.99 and 11.9% above the Industrial Products industry median of 2.10. Kung Long Batteries Industrial Co's overall GF Score™ is 78/100 with 5 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 Kung Long Batteries Industrial Co (TPE:1537), the current PB Ratio is 2.35 as of Jul. 21, 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 Kung Long Batteries Industrial Co (TPE:1537) Overvalued in 2026?
Based on GuruFocus' analysis, Kung Long Batteries Industrial Co stock appears to be undervalued.
The current stock price of NT$126.00 is trading 1.7% below its estimated GF Value™ of NT$128.24.
GuruFocus considers Kung Long Batteries Industrial Co to be Fairly Valued.
Key valuation signals for TPE:1537:
PB Ratio: 2.35 (21% below median its 10-year median of 2.99)
GF Value™: NT$128.24 vs. price of NT$126.00 (1.7% below fair value)
Industry Position: 11.9% above the Industrial Products median (#1641 of 2979)
No single metric tells the full story. See the TPE:1537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kung Long Batteries Industrial Co Business Description
Kung Long Batteries Industrial Co Ltd is a Taiwan-based company. The company is predominantly engaged in the manufacture and sale of lead-acid batteries. The company has production facilities in Taiwan and Vietnam. The products are offered for a wide range of applications: multipurpose, cycling high-power, electric car, deep-cycle, renewable energy, and solar energy. Its reportable segments are Vietnam, which generates maximum revenue, and Taiwan.
78GF Score
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