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Hua Eng Wire & Cable CoTPE:1608 -0.89%79 PB Ratio is 1.47 as of Jul. 17, 2026, which is 69% above its 10-year median of 0.87. GuruFocus rates TPE:1608 with a GF Score™ of 79/100 and a GF Value™ of NT$26.55 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,982 Industrial Products companies, Hua Eng Wire & Cable Co ranks better than 65.76% on this metric.
Hua Eng Wire & Cable Co Ltd stock PB Ratio (=1.51) is close to 1-year low of 1.37.
The historical rank and industry rank for Hua Eng Wire & Cable Co's PB Ratio or its related term are showing as below:
TPE:1608'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.87 Max: 2.43
Current: 1.48
During the past 13 years, Hua Eng Wire & Cable Co's highest PB Ratio was 2.43. The lowest was 0.41. And the median was 0.87.
TPE:1608's PB Ratio is ranked better than 65.76% of 2982
companies
in the Industrial Products industry
Industry Median: 2.14
vs TPE:1608: 1.48
During the past 12 months, Hua Eng Wire & Cable Co's average Book Value Per Share Growth Rate was 22.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hua Eng Wire & Cable Co was 12.70% per year. The lowest was -3.80% per year. And the median was 2.20% per year.
Back to Basics: PB Ratio
Hua Eng Wire & Cable Co (TPE:1608) 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 Electrical Equipment & Parts subindustry, Hua Eng Wire & Cable 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.
Hua Eng Wire & Cable Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hua Eng Wire & Cable Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hua Eng Wire & Cable 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.
Hua Eng Wire & Cable Co (TPE:1608) has a PB Ratio of 1.47 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hua Eng Wire & Cable Co and its competitors. This is 69% above median its historical median of 0.87. Over the past decade, Hua Eng Wire & Cable Co's PB Ratio has ranged from 0.41 to 2.43. According to the industry distribution chart, Hua Eng Wire & Cable Co ranks #1021 out of 2982 companies in the Industrial Products industry, placing it in the top 34.2%.
Is Hua Eng Wire & Cable Co's PB Ratio too high?
Hua Eng Wire & Cable Co's current PB Ratio of 1.47 is 69% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 2.43. The Industrial Products industry median PB Ratio is 2.14. Hua Eng Wire & Cable Co's value of 1.47 is 31.3% below this industry median. Based on the distribution chart, Hua Eng Wire & Cable Co ranks #1021 out of 2982 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hua Eng Wire & Cable Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hua Eng Wire & Cable Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hua Eng Wire & Cable Co ranks #1021 out of 2982 companies for PB Ratio. This puts Hua Eng Wire & Cable Co in the upper half of its industry. The industry median PB Ratio is 2.14. Hua Eng Wire & Cable Co's value of 1.47 is 31.3% below this benchmark. Historically, Hua Eng Wire & Cable Co's own PB Ratio has ranged from 0.41 to 2.43 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 2.14, Hua Eng Wire & Cable 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. Hua Eng Wire & Cable Co's current PB Ratio of 1.47 is 31.3% 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 Hua Eng Wire & Cable 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. Hua Eng Wire & Cable Co's current PB Ratio is 1.47, which is 69% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hua Eng Wire & Cable Co stock overvalued right now?
Based on GuruFocus' analysis, Hua Eng Wire & Cable Co (TPE:1608) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$26.55, compared to a current price of NT$33.25 — trading 25.2% above its estimated fair value. The current PB Ratio is 1.47, which is 69% above median its 10-year median of 0.87 and 31.3% below the Industrial Products industry median of 2.14. Hua Eng Wire & Cable Co's overall GF Score™ is 79/100 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 Hua Eng Wire & Cable Co (TPE:1608), the current PB Ratio is 1.47 as of Jul. 17, 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 Hua Eng Wire & Cable Co (TPE:1608) Overvalued in 2026?
Based on GuruFocus' analysis, Hua Eng Wire & Cable Co stock appears to be overvalued.
The current stock price of NT$33.25 is trading 25.2% above its estimated GF Value™ of NT$26.55.
GuruFocus considers Hua Eng Wire & Cable Co to be Modestly Overvalued.
Key valuation signals for TPE:1608:
PB Ratio: 1.47 (69% above median its 10-year median of 0.87)
GF Value™: NT$26.55 vs. price of NT$33.25 (25.2% above fair value)
Industry Position: 31.3% below the Industrial Products median (#1021 of 2982)
No single metric tells the full story. See the TPE:1608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hua Eng Wire & Cable Co Ltd is engaged in the processing, manufacture, sale and construction of wire, cable and copper products. The company operates through three segments: Wire, Cable, and Copper. The Wire segment is responsible for producing oxygen-free copper wire and related products. The Cable segment, on the other hand, focuses on producing power cables, communication cables, and optical fiber cables. The company's Copper segment is engaged in producing copper plate. The company's other reportable segments are mainly involved in project contracting and material trading. The Cable segment generates the majority of the company's revenue. Geographically the company generates revenue from Taiwan, which contributes key revenue, Mainland China, and Others.
79GF Score
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