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The historical rank and industry rank for Cheng Shin Rubber Industry Co's PB Ratio or its related term are showing as below:
TPE:2105'
s PB Ratio Range Over the Past 10 Years
Min: 1.1 Med: 1.72 Max: 2.66
Current: 1.23
During the past 13 years, Cheng Shin Rubber Industry Co's highest PB Ratio was 2.66. The lowest was 1.10. And the median was 1.72.
TPE:2105's PB Ratio is ranked better than 53.91% of 1293
companies
in the Vehicles & Parts industry
Industry Median: 1.35
vs TPE:2105: 1.23
During the past 12 months, Cheng Shin Rubber Industry Co's average Book Value Per Share Growth Rate was -0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cheng Shin Rubber Industry Co was 29.40% per year. The lowest was -4.00% per year. And the median was 3.50% per year.
Back to Basics: PB Ratio
Cheng Shin Rubber Industry Co (TPE:2105) 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.
Cheng Shin Rubber Industry Co PB Ratio Related Terms
Cheng Shin Rubber Industry Co PB Ratio Historical Data
* 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 Auto Parts subindustry, Cheng Shin Rubber Industry 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.
Cheng Shin Rubber Industry Co PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Cheng Shin Rubber Industry Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cheng Shin Rubber Industry Co's PB Ratio falls into.
Cheng Shin Rubber Industry 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.
* 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.
Cheng Shin Rubber Industry Co (TPE:2105) has a PB Ratio of 1.23 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cheng Shin Rubber Industry Co and its competitors. This is 28% below median its historical median of 1.72. Over the past decade, Cheng Shin Rubber Industry Co's PB Ratio has ranged from 1.10 to 2.66. According to the industry distribution chart, Cheng Shin Rubber Industry Co ranks #596 out of 1293 companies in the Vehicles & Parts industry, placing it in the top 46.1%.
Is Cheng Shin Rubber Industry Co's PB Ratio too high?
Cheng Shin Rubber Industry Co's current PB Ratio of 1.23 is 28% below median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 2.66. The Vehicles & Parts industry median PB Ratio is 1.35. Cheng Shin Rubber Industry Co's value of 1.23 is 8.9% below this industry median. Based on the distribution chart, Cheng Shin Rubber Industry Co ranks #596 out of 1293 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Cheng Shin Rubber Industry Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Shin Rubber Industry Co's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Cheng Shin Rubber Industry Co ranks #596 out of 1293 companies for PB Ratio. This puts Cheng Shin Rubber Industry Co in the upper half of its industry. The industry median PB Ratio is 1.35. Cheng Shin Rubber Industry Co's value of 1.23 is 8.9% below this benchmark. Historically, Cheng Shin Rubber Industry Co's own PB Ratio has ranged from 1.10 to 2.66 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.35, Cheng Shin Rubber Industry 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.35, based on 1,293 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. Cheng Shin Rubber Industry Co's current PB Ratio of 1.23 is 8.9% 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 Cheng Shin Rubber Industry Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheng Shin Rubber Industry Co's current PB Ratio is 1.23, which is 28% below median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Shin Rubber Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Cheng Shin Rubber Industry Co (TPE:2105) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$42.46, compared to a current price of NT$32.25 — trading 24% below its estimated fair value. The current PB Ratio is 1.23, which is 28% below median its 10-year median of 1.72 and 8.9% below the Vehicles & Parts industry median of 1.35. Cheng Shin Rubber Industry Co's overall GF Score™ is 73/100 with 4 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 Cheng Shin Rubber Industry Co (TPE:2105), the current PB Ratio is 1.23 as of Jul. 22, 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 Cheng Shin Rubber Industry Co (TPE:2105) Overvalued in 2026?
Based on GuruFocus' analysis, Cheng Shin Rubber Industry Co stock appears to be undervalued.
The current stock price of NT$32.25 is trading 24% below its estimated GF Value™ of NT$42.46.
GuruFocus considers Cheng Shin Rubber Industry Co to be Modestly Undervalued.
Key valuation signals for TPE:2105:
PB Ratio: 1.23 (28% below median its 10-year median of 1.72)
GF Value™: NT$42.46 vs. price of NT$32.25 (24% below fair value)
Industry Position: 8.9% below the Vehicles & Parts median (#596 of 1293)
No single metric tells the full story. See the TPE:2105 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheng Shin Rubber Industry Co Business Description
Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and others. The Business organization is divided into Cheng Shin (Taiwan), MAXXIS (Taiwan) Trading, Cheng Shin (Xiamen), Cheng Shin (China), Petrel (Xiamen), Cheng Shin (Thailand), and other segments based on the nature of each company. The main sources of sales revenue are from manufacturing and sales of bicycle tires, electrical vehicle tires, reclaimed rubber, etc. Its geographical segments are Taiwan, China, the United States, and Others.
73GF Score
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