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Chang Type Industrial CoTPE:1541 -2.22%70 PB Ratio is 0.82 as of Jul. 18, 2026, which is 59% below its 10-year median of 2.00. GuruFocus rates TPE:1541 with a GF Score™ of 70/100 and a GF Value™ of NT$32.28 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,982 Industrial Products companies, Chang Type Industrial Co ranks better than 82.29% on this metric.
Chang Type Industrial Co Ltd stock PB Ratio (=0.82) is close to 10-year low of 0.77.
The historical rank and industry rank for Chang Type Industrial Co's PB Ratio or its related term are showing as below:
TPE:1541'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 2 Max: 4.38
Current: 0.82
During the past 13 years, Chang Type Industrial Co's highest PB Ratio was 4.38. The lowest was 0.77. And the median was 2.00.
TPE:1541's PB Ratio is ranked better than 82.29% of 2982
companies
in the Industrial Products industry
Industry Median: 2.14
vs TPE:1541: 0.82
During the past 12 months, Chang Type Industrial Co's average Book Value Per Share Growth Rate was 6.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chang Type Industrial Co was 16.80% per year. The lowest was -4.00% per year. And the median was 4.10% per year.
Back to Basics: PB Ratio
Chang Type Industrial Co (TPE:1541) 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.
* 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 Tools & Accessories subindustry, Chang Type 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.
Chang Type Industrial Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chang Type Industrial Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chang Type Industrial Co'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.
Chang Type Industrial Co (TPE:1541) has a PB Ratio of 0.82 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chang Type Industrial Co and its competitors. This is 59% below median its historical median of 2.00. Over the past decade, Chang Type Industrial Co's PB Ratio has ranged from 0.77 to 4.38. According to the industry distribution chart, Chang Type Industrial Co ranks #528 out of 2982 companies in the Industrial Products industry, placing it in the top 17.7%.
Is Chang Type Industrial Co's PB Ratio too high?
Chang Type Industrial Co's current PB Ratio of 0.82 is 59% below median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 4.38. The Industrial Products industry median PB Ratio is 2.14. Chang Type Industrial Co's value of 0.82 is 61.7% below this industry median. Based on the distribution chart, Chang Type Industrial Co ranks #528 out of 2982 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chang Type Industrial Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chang Type Industrial Co's PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Chang Type Industrial Co ranks #528 out of 2982 companies for PB Ratio. This places Chang Type Industrial Co in the top 18% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.14. Chang Type Industrial Co's value of 0.82 is 61.7% below this benchmark. Historically, Chang Type Industrial Co's own PB Ratio has ranged from 0.77 to 4.38 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 2.14, Chang Type Industrial 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 2.14, based on 2,982 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. Chang Type Industrial Co's current PB Ratio of 0.82 is 61.7% 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 Chang Type Industrial Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chang Type Industrial Co's current PB Ratio is 0.82, which is 59% below median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Type Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chang Type Industrial Co (TPE:1541) is currently considered Possible Value Trap. The stock's GF Value™ is NT$32.28, compared to a current price of NT$22.00 — trading 31.8% below its estimated fair value. The current PB Ratio is 0.82, which is 59% below median its 10-year median of 2.00 and 61.7% below the Industrial Products industry median of 2.14. Chang Type Industrial Co's overall GF Score™ is 70/100 with 2 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 Chang Type Industrial Co (TPE:1541), the current PB Ratio is 0.82 as of Jul. 18, 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 Chang Type Industrial Co (TPE:1541) Overvalued in 2026?
Based on GuruFocus' analysis, Chang Type Industrial Co stock appears to be undervalued.
The current stock price of NT$22.00 is trading 31.8% below its estimated GF Value™ of NT$32.28.
GuruFocus considers Chang Type Industrial Co to be Possible Value Trap.
Key valuation signals for TPE:1541:
PB Ratio: 0.82 (59% below median its 10-year median of 2.00)
GF Value™: NT$32.28 vs. price of NT$22.00 (31.8% below fair value)
Industry Position: 61.7% below the Industrial Products median (#528 of 2982)
No single metric tells the full story. See the TPE:1541 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chang Type Industrial Co Ltd manufacture, process and sell hand tools, electric machines, motors, power tools, automatic control system, computer machinery, electric test instruments, woodworking machines and metal parts. It is also the agent to import and export raw materials for all related products mentioned above and to design various molds and fixtures.
70GF Score
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