Taiwan Fertilizer Co (TPE:1722) PB Ratio: 0.85 (As of Jul. 19, 2026) — 10% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1722 Taiwan Fertilizer Co Ltd TPE:1722
81 GF Score
Price NT$47.10
GF Value NT$49.54
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Taiwan Fertilizer Co PB Ratio?

Taiwan Fertilizer Co TPE:1722 -1.46% 81 PB Ratio is 0.85 as of Jul. 19, 2026, which is 10% below its 10-year median of 0.94. GuruFocus rates TPE:1722 with a GF Score™ of 81/100 and a GF Value™ of NT$49.54 (Fairly Valued). The stock has 7 warning signs investors should review. Among 247 Agriculture companies, Taiwan Fertilizer Co ranks better than 73.28% 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 (2026-07-19), Taiwan Fertilizer Co's share price is NT$47.10. Taiwan Fertilizer Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$55.38. Hence, Taiwan Fertilizer Co's PB Ratio of today is 0.85.

Good Sign:

Taiwan Fertilizer Co Ltd stock PB Ratio (=0.85) is close to 5-year low of 0.8.

The historical rank and industry rank for Taiwan Fertilizer Co's PB Ratio or its related term are showing as below:

TPE:1722' s PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 0.94   Max: 1.46
Current: 0.85

During the past 13 years, Taiwan Fertilizer Co's highest PB Ratio was 1.46. The lowest was 0.75. And the median was 0.94.

TPE:1722's PB Ratio is ranked better than
73.28% of 247 companies
in the Agriculture industry
Industry Median: 1.5 vs TPE:1722: 0.85

During the past 12 months, Taiwan Fertilizer Co's average Book Value Per Share Growth Rate was -2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Taiwan Fertilizer Co was 2.20% per year. The lowest was -2.10% per year. And the median was 0.70% per year.

Back to Basics: PB Ratio


Taiwan Fertilizer Co  (TPE:1722) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Taiwan Fertilizer Co PB Ratio Related Terms


Taiwan Fertilizer Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Fertilizer Co'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.

Taiwan Fertilizer Co PB Ratio Chart

Taiwan Fertilizer Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 0.99 1.21 0.90 0.86

Taiwan Fertilizer Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.89 0.98 0.89 0.86

TPE:1722 vs CTVA, CF, MOS: PB Ratio Comparison

For the Agricultural Inputs subindustry, Taiwan Fertilizer 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.


Taiwan Fertilizer Co PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Taiwan Fertilizer Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Fertilizer Co's PB Ratio falls into.


TPE:1722
81GF Score
Taiwan Fertilizer Co Ltd TPE:1722
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Fertilizer 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.

Taiwan Fertilizer Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=47.10/55.382
=0.85

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.85 mean?
Taiwan Fertilizer Co (TPE:1722) has a PB Ratio of 0.85 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Taiwan Fertilizer Co and its competitors. This is 10% below median its historical median of 0.94. Over the past decade, Taiwan Fertilizer Co's PB Ratio has ranged from 0.75 to 1.46. According to the industry distribution chart, Taiwan Fertilizer Co ranks #66 out of 247 companies in the Agriculture industry, placing it in the top 26.7%.
Is Taiwan Fertilizer Co's PB Ratio too high?
Taiwan Fertilizer Co's current PB Ratio of 0.85 is 10% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.46. The Agriculture industry median PB Ratio is 1.50. Taiwan Fertilizer Co's value of 0.85 is 43.3% below this industry median. Based on the distribution chart, Taiwan Fertilizer Co ranks #66 out of 247 companies in the Agriculture industry, which is above the industry midpoint. Overall, Taiwan Fertilizer Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Fertilizer Co's PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Taiwan Fertilizer Co ranks #66 out of 247 companies for PB Ratio. This puts Taiwan Fertilizer Co in the upper half of its industry. The industry median PB Ratio is 1.50. Taiwan Fertilizer Co's value of 0.85 is 43.3% below this benchmark. Historically, Taiwan Fertilizer Co's own PB Ratio has ranged from 0.75 to 1.46 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.50, Taiwan Fertilizer 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 Agriculture company?
The median PB Ratio among Agriculture companies is 1.50, based on 247 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. Taiwan Fertilizer Co's current PB Ratio of 0.85 is 43.3% 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 Taiwan Fertilizer Co and its competitors. For the Agriculture industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Fertilizer Co's current PB Ratio is 0.85, which is 10% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Fertilizer Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Fertilizer Co (TPE:1722) is currently considered Fairly Valued. The stock's GF Value™ is NT$49.54, compared to a current price of NT$47.10 — trading 4.9% below its estimated fair value. The current PB Ratio is 0.85, which is 10% below median its 10-year median of 0.94 and 43.3% below the Agriculture industry median of 1.50. Taiwan Fertilizer Co's overall GF Score™ is 81/100 with 7 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 Taiwan Fertilizer Co (TPE:1722), the current PB Ratio is 0.85 as of Jul. 19, 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 Taiwan Fertilizer Co (TPE:1722) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Fertilizer Co stock appears to be undervalued. The current stock price of NT$47.10 is trading 4.9% below its estimated GF Value™ of NT$49.54. GuruFocus considers Taiwan Fertilizer Co to be Fairly Valued.

Key valuation signals for TPE:1722:

  • PB Ratio: 0.85 (10% below median its 10-year median of 0.94)
  • GF Value™: NT$49.54 vs. price of NT$47.10 (4.9% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 43.3% below the Agriculture median (#66 of 247)

No single metric tells the full story. See the TPE:1722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Fertilizer Co Business Description

Address No. 170, Jingmao 1st Road, 115 Floor 17, Nangang District, Taipei, TWN, 115018
Taiwan Fertilizer Co Ltd is involved in the manufacture and sale of fertilizers as well as real estate construction and leasing. The company reports two operating segments: fertilizers and chemical and real estate and investment business. The Fertilizer and Chemical segment generates the vast majority of revenue through the manufacture and sale of inorganic and organic fertilizers and other chemical products. The real estate and investment segment includes the construction and leasing of real estate. The Other segment consists of multiple subsidiaries across the investment, retail, biotechnology services, and grocery industries.
81GF Score

Get the complete analysis for TPE:1722

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$47.10
Price
NT$49.54
GF Value