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The historical rank and industry rank for Formosan Rubber Group's PB Ratio or its related term are showing as below:
TPE:2107'
s PB Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.6 Max: 0.81
Current: 0.59
During the past 13 years, Formosan Rubber Group's highest PB Ratio was 0.81. The lowest was 0.47. And the median was 0.60.
TPE:2107's PB Ratio is ranked better than 87.82% of 1576
companies
in the Chemicals industry
Industry Median: 1.7
vs TPE:2107: 0.59
During the past 12 months, Formosan Rubber Group'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 4.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Formosan Rubber Group was 14.40% per year. The lowest was -0.40% per year. And the median was 4.40% per year.
Back to Basics: PB Ratio
Formosan Rubber Group (TPE:2107) 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 Specialty Chemicals subindustry, Formosan Rubber Group'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.
Formosan Rubber Group PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Formosan Rubber Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Formosan Rubber Group'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.
Formosan Rubber Group (TPE:2107) has a PB Ratio of 0.59 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 Formosan Rubber Group and its competitors. This is near median its historical median of 0.60. Over the past decade, Formosan Rubber Group's PB Ratio has ranged from 0.47 to 0.81. According to the industry distribution chart, Formosan Rubber Group ranks #192 out of 1576 companies in the Chemicals industry, placing it in the top 12.2%.
Is Formosan Rubber Group's PB Ratio too high?
Formosan Rubber Group's current PB Ratio of 0.59 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.81. The Chemicals industry median PB Ratio is 1.70. Formosan Rubber Group's value of 0.59 is 65.3% below this industry median. Based on the distribution chart, Formosan Rubber Group ranks #192 out of 1576 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Formosan Rubber Group has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Formosan Rubber Group's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Formosan Rubber Group ranks #192 out of 1576 companies for PB Ratio. This places Formosan Rubber Group in the top 12% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.70. Formosan Rubber Group's value of 0.59 is 65.3% below this benchmark. Historically, Formosan Rubber Group's own PB Ratio has ranged from 0.47 to 0.81 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.70, Formosan Rubber Group 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.70, based on 1,576 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. Formosan Rubber Group's current PB Ratio of 0.59 is 65.3% 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 Formosan Rubber Group and its competitors. For the Chemicals industry, the median PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosan Rubber Group's current PB Ratio is 0.59, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosan Rubber Group stock overvalued right now?
Based on GuruFocus' analysis, Formosan Rubber Group (TPE:2107) is currently considered Fairly Valued. The stock's GF Value™ is NT$24.38, compared to a current price of NT$26.05 — trading 6.8% above its estimated fair value. The current PB Ratio is 0.59, which is near median its 10-year median of 0.60 and 65.3% below the Chemicals industry median of 1.70. Formosan Rubber Group's overall GF Score™ is 74/100 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 Formosan Rubber Group (TPE:2107), the current PB Ratio is 0.59 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 Formosan Rubber Group (TPE:2107) Overvalued in 2026?
Based on GuruFocus' analysis, Formosan Rubber Group stock appears to be overvalued.
The current stock price of NT$26.05 is trading 6.8% above its estimated GF Value™ of NT$24.38.
GuruFocus considers Formosan Rubber Group to be Fairly Valued.
Key valuation signals for TPE:2107:
PB Ratio: 0.59 (near median its 10-year median of 0.60)
GF Value™: NT$24.38 vs. price of NT$26.05 (6.8% above fair value)
Industry Position: 65.3% below the Chemicals median (#192 of 1576)
No single metric tells the full story. See the TPE:2107 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosan Rubber Group Inc produces and markets rubber sheets, plastic sheets, plastic foam sheets, and PVC resin sheets, as well as the relevant materials. It is also engaged in the property development business and the leasing, sale, and management operations for its own properties and land. Company has three revenue sources that includes Net sales revenue, Construction revenue, and Rental and logistics revenue.
74GF Score
Get the complete analysis for TPE:2107
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