Longchen Paper & Packaging Co (TPE:1909) PB Ratio: 0.67 (As of Jul. 16, 2026) — 24% 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:1909 Longchen Paper & Packaging Co Ltd TPE:1909
68 GF Score
Price NT$10.45
GF Value NT$12.28
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Longchen Paper & Packaging Co PB Ratio?

Longchen Paper & Packaging Co TPE:1909 +2.45% 68 PB Ratio is 0.67 as of Jul. 16, 2026, which is 24% below its 10-year median of 0.88. GuruFocus rates TPE:1909 with a GF Score™ of 68/100 and a GF Value™ of NT$12.28 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 272 Forest Products companies, Longchen Paper & Packaging Co ranks better than 56.99% 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 (2026-07-16), Longchen Paper & Packaging Co's share price is NT$10.45. Longchen Paper & Packaging Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$15.54. Hence, Longchen Paper & Packaging Co's PB Ratio of today is 0.67.

The historical rank and industry rank for Longchen Paper & Packaging Co's PB Ratio or its related term are showing as below:

TPE:1909' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.88   Max: 2.46
Current: 0.68

During the past 13 years, Longchen Paper & Packaging Co's highest PB Ratio was 2.46. The lowest was 0.52. And the median was 0.88.

TPE:1909's PB Ratio is ranked better than
56.99% of 272 companies
in the Forest Products industry
Industry Median: 0.785 vs TPE:1909: 0.68

During the past 12 months, Longchen Paper & Packaging Co's average Book Value Per Share Growth Rate was -3.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Longchen Paper & Packaging Co was 11.10% per year. The lowest was -8.80% per year. And the median was 0.80% per year.

Back to Basics: PB Ratio


Longchen Paper & Packaging Co  (TPE:1909) 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.


Longchen Paper & Packaging Co PB Ratio Related Terms


Longchen Paper & Packaging Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Longchen Paper & Packaging 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.

Longchen Paper & Packaging Co PB Ratio Chart

Longchen Paper & Packaging 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 1.14 0.90 0.89 0.72 0.63

Longchen Paper & Packaging 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 0.72 0.64 0.61 0.67 0.63

Longchen Paper & Packaging Co PB Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Longchen Paper & Packaging 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.


Longchen Paper & Packaging Co PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Longchen Paper & Packaging Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Longchen Paper & Packaging Co's PB Ratio falls into.


TPE:1909
68GF Score
Longchen Paper & Packaging Co Ltd TPE:1909
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Longchen Paper & Packaging 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.

Longchen Paper & Packaging Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=10.45/15.542
=0.67

* 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 0.67 mean?
Longchen Paper & Packaging Co (TPE:1909) has a PB Ratio of 0.67 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Longchen Paper & Packaging Co and its competitors. This is 24% below median its historical median of 0.88. Over the past decade, Longchen Paper & Packaging Co's PB Ratio has ranged from 0.52 to 2.46. According to the industry distribution chart, Longchen Paper & Packaging Co ranks #117 out of 272 companies in the Forest Products industry, placing it in the top 43%.
Is Longchen Paper & Packaging Co's PB Ratio too high?
Longchen Paper & Packaging Co's current PB Ratio of 0.67 is 24% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.46. The Forest Products industry median PB Ratio is 0.79. Longchen Paper & Packaging Co's value of 0.67 is 14.6% below this industry median. Based on the distribution chart, Longchen Paper & Packaging Co ranks #117 out of 272 companies in the Forest Products industry, which is above the industry midpoint. Overall, Longchen Paper & Packaging Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Longchen Paper & Packaging Co's PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Longchen Paper & Packaging Co ranks #117 out of 272 companies for PB Ratio. This puts Longchen Paper & Packaging Co in the upper half of its industry. The industry median PB Ratio is 0.79. Longchen Paper & Packaging Co's value of 0.67 is 14.6% below this benchmark. Historically, Longchen Paper & Packaging Co's own PB Ratio has ranged from 0.52 to 2.46 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.79, Longchen Paper & Packaging 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 a Forest Products company?
The median PB Ratio among Forest Products companies is 0.79, based on 272 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. Longchen Paper & Packaging Co's current PB Ratio of 0.67 is 14.6% 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 Longchen Paper & Packaging Co and its competitors. For the Forest Products industry, the median PB Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Longchen Paper & Packaging Co's current PB Ratio is 0.67, which is 24% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Longchen Paper & Packaging Co stock overvalued right now?
Based on GuruFocus' analysis, Longchen Paper & Packaging Co (TPE:1909) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.28, compared to a current price of NT$10.45 — trading 14.9% below its estimated fair value. The current PB Ratio is 0.67, which is 24% below median its 10-year median of 0.88 and 14.6% below the Forest Products industry median of 0.79. Longchen Paper & Packaging Co's overall GF Score™ is 68/100 with 6 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 Longchen Paper & Packaging Co (TPE:1909), the current PB Ratio is 0.67 as of Jul. 16, 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 Longchen Paper & Packaging Co (TPE:1909) Overvalued in 2026?

Based on GuruFocus' analysis, Longchen Paper & Packaging Co stock appears to be undervalued. The current stock price of NT$10.45 is trading 14.9% below its estimated GF Value™ of NT$12.28. GuruFocus considers Longchen Paper & Packaging Co to be Modestly Undervalued.

Key valuation signals for TPE:1909:

  • PB Ratio: 0.67 (24% below median its 10-year median of 0.88)
  • GF Value™: NT$12.28 vs. price of NT$10.45 (14.9% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 14.6% below the Forest Products median (#117 of 272)

No single metric tells the full story. See the TPE:1909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Longchen Paper & Packaging Co Business Description

Address No. 1-1, Guangxing Lane, Guangxing Village, Erlin Township, Zhanghua, TWN
Longchen Paper & Packaging Co Ltd is engaged in manufacturing, processing, and trading paper raw materials; manufacturing, printing, processing and trading of corrugated containers; and recycling/renewal of energy and resources, including turnkey design, trial-run and operation of cogeneration and incinerator systems. Its segments include Containerboard: manufacturing and sales of Containerboard; Corrugated container: manufacturing and sale of paper machines; Wastepaper: procurement and sale of wastepaper; and Others: public wastewater treatment and general administration in the Group. It derives majority of the revenue from Containerboard segment.
68GF Score

Get the complete analysis for TPE:1909

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

NT$10.45
Price
NT$12.28
GF Value