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Tsang Yow Industrial CoTPE:1568 -4.79%67 PB Ratio is 1.57 as of Jul. 21, 2026, which is 1% above its 10-year median of 1.56. GuruFocus rates TPE:1568 with a GF Score™ of 67/100 and a GF Value™ of NT$23.54 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Tsang Yow Industrial Co ranks worse than 55.49% on this metric.
The historical rank and industry rank for Tsang Yow Industrial Co's PB Ratio or its related term are showing as below:
TPE:1568'
s PB Ratio Range Over the Past 10 Years
Min: 0.79 Med: 1.56 Max: 3.21
Current: 1.57
During the past 13 years, Tsang Yow Industrial Co's highest PB Ratio was 3.21. The lowest was 0.79. And the median was 1.56.
TPE:1568's PB Ratio is ranked worse than 55.49% of 1294
companies
in the Vehicles & Parts industry
Industry Median: 1.355
vs TPE:1568: 1.57
During the past 12 months, Tsang Yow Industrial Co's average Book Value Per Share Growth Rate was 1.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tsang Yow Industrial Co was 10.60% per year. The lowest was -2.20% per year. And the median was 4.30% per year.
Back to Basics: PB Ratio
Tsang Yow Industrial Co (TPE:1568) 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 Auto Parts subindustry, Tsang Yow 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.
Tsang Yow Industrial Co PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tsang Yow Industrial Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tsang Yow 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.
Tsang Yow Industrial Co (TPE:1568) has a PB Ratio of 1.57 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 Tsang Yow Industrial Co and its competitors. This is near median its historical median of 1.56. Over the past decade, Tsang Yow Industrial Co's PB Ratio has ranged from 0.79 to 3.21. According to the industry distribution chart, Tsang Yow Industrial Co ranks #718 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 55.5%.
Is Tsang Yow Industrial Co's PB Ratio too high?
Tsang Yow Industrial Co's current PB Ratio of 1.57 is near median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 3.21. The Vehicles & Parts industry median PB Ratio is 1.36. Tsang Yow Industrial Co's value of 1.57 is 15.9% above this industry median. Based on the distribution chart, Tsang Yow Industrial Co ranks #718 out of 1294 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Tsang Yow Industrial Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tsang Yow Industrial Co's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tsang Yow Industrial Co ranks #718 out of 1294 companies for PB Ratio. This places Tsang Yow Industrial Co in the lower half of its industry. The industry median PB Ratio is 1.36. Tsang Yow Industrial Co's value of 1.57 is 15.9% above this benchmark. Historically, Tsang Yow Industrial Co's own PB Ratio has ranged from 0.79 to 3.21 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.36, Tsang Yow 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 a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.36, based on 1,294 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. Tsang Yow Industrial Co's current PB Ratio of 1.57 is 15.9% 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 Tsang Yow Industrial Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsang Yow Industrial Co's current PB Ratio is 1.57, which is near median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsang Yow Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Tsang Yow Industrial Co (TPE:1568) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.54, compared to a current price of NT$28.85 — trading 22.6% above its estimated fair value. The current PB Ratio is 1.57, which is near median its 10-year median of 1.56 and 15.9% above the Vehicles & Parts industry median of 1.36. Tsang Yow Industrial Co's overall GF Score™ is 67/100 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 Tsang Yow Industrial Co (TPE:1568), the current PB Ratio is 1.57 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 Tsang Yow Industrial Co (TPE:1568) Overvalued in 2026?
Based on GuruFocus' analysis, Tsang Yow Industrial Co stock appears to be overvalued.
The current stock price of NT$28.85 is trading 22.6% above its estimated GF Value™ of NT$23.54.
GuruFocus considers Tsang Yow Industrial Co to be Modestly Overvalued.
Key valuation signals for TPE:1568:
PB Ratio: 1.57 (near median its 10-year median of 1.56)
GF Value™: NT$23.54 vs. price of NT$28.85 (22.6% above fair value)
Industry Position: 15.9% above the Vehicles & Parts median (#718 of 1294)
No single metric tells the full story. See the TPE:1568 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tsang Yow Industrial Co Ltd is a Manufacturer & Exporter of powertrain components. It engages in the business activities such as Manufacturing and wholesale of other machinery (automatic transmission and drivetrain systems), Manufacturing and wholesale of ships and parts, Manufacturing and wholesale of automobiles and parts, Manufacturing and wholesale of other machinery and devices (automatic transmission and drivetrain systems). It segments include Automatic transmission components for automobiles, Clutch parts for heavy-duty trucks, Drivetrain Parts for Industrial Machinery Automatic transmission components for air conditioner compressors, New energy vehicle motor, Parts finishing and Others. Key revenue is generated from Automatic transmission components for automobiles.
67GF Score
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