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Walsin LihwaTPE:1605 -2.45%73 PB Ratio is 0.85 as of Jul. 21, 2026, which is 4% above its 10-year median of 0.82. GuruFocus rates TPE:1605 with a GF Score™ of 73/100 and a GF Value™ of NT$30.16 (Fairly Valued). The stock has 12 warning signs investors should review. Among 610 Steel companies, Walsin Lihwa ranks better than 54.92% 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 (2026-07-21), Walsin Lihwa's share price is NT$31.80. Walsin Lihwa's Book Value per Share for the quarter that ended in Dec. 2025 was NT$37.43. Hence, Walsin Lihwa's PB Ratio of today is 0.85.
The historical rank and industry rank for Walsin Lihwa's PB Ratio or its related term are showing as below:
TPE:1605'
s PB Ratio Range Over the Past 10 Years
Min: 0.48 Med: 0.82 Max: 1.74
Current: 0.85
During the past 13 years, Walsin Lihwa's highest PB Ratio was 1.74. The lowest was 0.48. And the median was 0.82.
TPE:1605's PB Ratio is ranked better than 54.92% of 610
companies
in the Steel industry
Industry Median: 0.97
vs TPE:1605: 0.85
During the past 12 months, Walsin Lihwa's average Book Value Per Share Growth Rate was 10.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Walsin Lihwa was 13.10% per year. The lowest was -2.90% per year. And the median was 4.30% per year.
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.
Walsin Lihwa PB Ratio Related Terms
Walsin Lihwa PB Ratio Historical Data
* Premium members only.
The historical data trend for Walsin Lihwa'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 Steel subindustry, Walsin Lihwa'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.
Walsin Lihwa PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Walsin Lihwa's PB Ratio distribution charts can be found below:
* The bar in red indicates where Walsin Lihwa'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.
Walsin Lihwa's PB Ratio for today is calculated as follows:
* 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.
Walsin Lihwa (TPE:1605) has a PB Ratio of 0.85 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 Walsin Lihwa and its competitors. This is near median its historical median of 0.82. Over the past decade, Walsin Lihwa's PB Ratio has ranged from 0.48 to 1.74. According to the industry distribution chart, Walsin Lihwa ranks #275 out of 610 companies in the Steel industry, placing it in the top 45.1%.
Is Walsin Lihwa's PB Ratio too high?
Walsin Lihwa's current PB Ratio of 0.85 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.74. The Steel industry median PB Ratio is 0.97. Walsin Lihwa's value of 0.85 is 12.4% below this industry median. Based on the distribution chart, Walsin Lihwa ranks #275 out of 610 companies in the Steel industry, which is above the industry midpoint. Overall, Walsin Lihwa has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Walsin Lihwa's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Walsin Lihwa ranks #275 out of 610 companies for PB Ratio. This puts Walsin Lihwa in the upper half of its industry. The industry median PB Ratio is 0.97. Walsin Lihwa's value of 0.85 is 12.4% below this benchmark. Historically, Walsin Lihwa's own PB Ratio has ranged from 0.48 to 1.74 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.97, Walsin Lihwa 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 610 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. Walsin Lihwa's current PB Ratio of 0.85 is 12.4% 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 Walsin Lihwa and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Walsin Lihwa's current PB Ratio is 0.85, which is near median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Walsin Lihwa stock overvalued right now?
Based on GuruFocus' analysis, Walsin Lihwa (TPE:1605) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.16, compared to a current price of NT$31.80 — trading 5.4% above its estimated fair value. The current PB Ratio is 0.85, which is near median its 10-year median of 0.82 and 12.4% below the Steel industry median of 0.97. Walsin Lihwa's overall GF Score™ is 73/100 with 12 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 Walsin Lihwa (TPE:1605), the current PB Ratio is 0.85 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 Walsin Lihwa (TPE:1605) Overvalued in 2026?
Based on GuruFocus' analysis, Walsin Lihwa stock appears to be overvalued.
The current stock price of NT$31.80 is trading 5.4% above its estimated GF Value™ of NT$30.16.
GuruFocus considers Walsin Lihwa to be Fairly Valued.
Key valuation signals for TPE:1605:
PB Ratio: 0.85 (near median its 10-year median of 0.82)
GF Value™: NT$30.16 vs. price of NT$31.80 (5.4% above fair value)
Industry Position: 12.4% below the Steel median (#275 of 610)
No single metric tells the full story. See the TPE:1605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Walsin Lihwa Corp is a producer of cables, steel, and wires. The company made various investments in construction, electronics, material science, real estate, etc. The company's segments are wires and cables; stainless stee;, resource business, and Administration and Investing. It derives maximum revenue from Stainless steel segment. The Stainless steel segment's main products include smelting, rolled stainless steel, carbon steel and precision alloy wire which are sold to industries involving construction components, crankshaft, machine tools, plumbing, heat exchanger, drainage, petrochemical and construction. Geographically, the company operates in USA, Asia, Europe, and other regions, of which Asia generates maximum revenue.
73GF Score
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