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YC Inox CoTPE:2034 -3.21%62 PB Ratio is 1.06 as of Jul. 19, 2026, which is 21% below its 10-year median of 1.34. GuruFocus rates TPE:2034 with a GF Score™ of 62/100 and a GF Value™ of NT$15.46 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 610 Steel companies, YC Inox Co ranks worse 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 (2026-07-19), YC Inox Co's share price is NT$19.60. YC Inox Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$18.49. Hence, YC Inox Co's PB Ratio of today is 1.06.
The historical rank and industry rank for YC Inox Co's PB Ratio or its related term are showing as below:
TPE:2034'
s PB Ratio Range Over the Past 10 Years
Min: 0.92 Med: 1.34 Max: 2.05
Current: 1.06
During the past 13 years, YC Inox Co's highest PB Ratio was 2.05. The lowest was 0.92. And the median was 1.34.
TPE:2034's PB Ratio is ranked worse than 54.92% of 610
companies
in the Steel industry
Industry Median: 0.97
vs TPE:2034: 1.06
During the past 12 months, YC Inox Co's average Book Value Per Share Growth Rate was -8.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of YC Inox Co was 9.00% per year. The lowest was -11.50% per year. And the median was 1.30% 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.
YC Inox Co PB Ratio Related Terms
YC Inox Co PB Ratio Historical Data
* Premium members only.
The historical data trend for YC Inox 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.
For the Steel subindustry, YC Inox 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.
YC Inox Co PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, YC Inox Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where YC Inox 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.
YC Inox Co'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.
YC Inox Co (TPE:2034) has a PB Ratio of 1.06 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 YC Inox Co and its competitors. This is 21% below median its historical median of 1.34. Over the past decade, YC Inox Co's PB Ratio has ranged from 0.92 to 2.05. According to the industry distribution chart, YC Inox Co ranks #335 out of 610 companies in the Steel industry, placing it in the top 54.9%.
Is YC Inox Co's PB Ratio too high?
YC Inox Co's current PB Ratio of 1.06 is 21% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 2.05. The Steel industry median PB Ratio is 0.97. YC Inox Co's value of 1.06 is 9.3% above this industry median. Based on the distribution chart, YC Inox Co ranks #335 out of 610 companies in the Steel industry, which is below the industry midpoint. Overall, YC Inox Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does YC Inox Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, YC Inox Co ranks #335 out of 610 companies for PB Ratio. This places YC Inox Co in the lower half of its industry. The industry median PB Ratio is 0.97. YC Inox Co's value of 1.06 is 9.3% above this benchmark. Historically, YC Inox Co's own PB Ratio has ranged from 0.92 to 2.05 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 0.97, YC Inox 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 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. YC Inox Co's current PB Ratio of 1.06 is 9.3% 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 YC Inox Co 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. YC Inox Co's current PB Ratio is 1.06, which is 21% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YC Inox Co stock overvalued right now?
Based on GuruFocus' analysis, YC Inox Co (TPE:2034) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.46, compared to a current price of NT$19.60 — trading 26.8% above its estimated fair value. The current PB Ratio is 1.06, which is 21% below median its 10-year median of 1.34 and 9.3% above the Steel industry median of 0.97. YC Inox Co's overall GF Score™ is 62/100 with 13 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 YC Inox Co (TPE:2034), the current PB Ratio is 1.06 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 YC Inox Co (TPE:2034) Overvalued in 2026?
Based on GuruFocus' analysis, YC Inox Co stock appears to be overvalued.
The current stock price of NT$19.60 is trading 26.8% above its estimated GF Value™ of NT$15.46.
GuruFocus considers YC Inox Co to be Modestly Overvalued.
Key valuation signals for TPE:2034:
PB Ratio: 1.06 (21% below median its 10-year median of 1.34)
GF Value™: NT$15.46 vs. price of NT$19.60 (26.8% above fair value)
Industry Position: 9.3% above the Steel median (#335 of 610)
No single metric tells the full story. See the TPE:2034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
YC Inox Co Ltd is engaged in the production, processing and sale of stainless steel pipes, stainless steel sheets and coils, agency services and international trading of stainless steel products. Its products include welded pipes, welded tubes, sheets and plates, coils, flat bars, angles, U-channels, and checker plates. Its segments include Stainless steel tubes/pipes, Stainless steel sheets/coils, and Others. Geographically it operates in Europe, Asia, America, and Others, with majority of revenue generating from Europe.
62GF Score
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