Hotai Motor Co (TPE:2207) PB Ratio: 3.18 (As of Jul. 22, 2026) — 34% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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Charlie Tian
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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:2207 Hotai Motor Co Ltd TPE:2207
76 GF Score
Price NT$492.00
GF Value NT$688.61
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Hotai Motor Co PB Ratio?

Hotai Motor Co TPE:2207 +0.41% 76 PB Ratio is 3.18 as of Jul. 22, 2026, which is 34% below its 10-year median of 4.82. GuruFocus rates TPE:2207 with a GF Score™ of 76/100 and a GF Value™ of NT$688.61 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Hotai Motor Co ranks worse than 79.21% 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 (2026-07-22), Hotai Motor Co's share price is NT$492.00. Hotai Motor Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$154.65. Hence, Hotai Motor Co's PB Ratio of today is 3.18.

Good Sign:

Hotai Motor Co Ltd stock PB Ratio (=3.14) is close to 5-year low of 2.98.

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

TPE:2207' s PB Ratio Range Over the Past 10 Years
Min: 2.31   Med: 4.82   Max: 10.03
Current: 3.18

During the past 13 years, Hotai Motor Co's highest PB Ratio was 10.03. The lowest was 2.31. And the median was 4.82.

TPE:2207's PB Ratio is ranked worse than
79.21% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 1.355 vs TPE:2207: 3.18

During the past 12 months, Hotai Motor Co's average Book Value Per Share Growth Rate was 10.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 27.30% 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 6.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hotai Motor Co was 27.30% per year. The lowest was -10.70% per year. And the median was 9.40% per year.

Back to Basics: PB Ratio


Hotai Motor Co  (TPE:2207) 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.


Hotai Motor Co PB Ratio Related Terms


Hotai Motor Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Hotai Motor 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.

Hotai Motor Co PB Ratio Chart

Hotai Motor 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 4.55 7.69 5.96 4.41 3.56

Hotai Motor 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 4.41 4.80 4.39 4.17 3.56

TPE:2207 vs CVNA, PAG, ALTB: PB Ratio Comparison

For the Auto & Truck Dealerships subindustry, Hotai Motor 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.


Hotai Motor Co PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hotai Motor Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hotai Motor Co's PB Ratio falls into.


TPE:2207
76GF Score
Hotai Motor Co Ltd TPE:2207
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hotai Motor 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.

Hotai Motor Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=492.00/154.654
=3.18

* 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 3.18 mean?
Hotai Motor Co (TPE:2207) has a PB Ratio of 3.18 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 Hotai Motor Co and its competitors. This is 34% below median its historical median of 4.82. Over the past decade, Hotai Motor Co's PB Ratio has ranged from 2.31 to 10.03. According to the industry distribution chart, Hotai Motor Co ranks #1025 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 79.2%.
Is Hotai Motor Co's PB Ratio too high?
Hotai Motor Co's current PB Ratio of 3.18 is 34% below median its 10-year median of 4.82. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 10.03. The Vehicles & Parts industry median PB Ratio is 1.36. Hotai Motor Co's value of 3.18 is 134.7% above this industry median. Based on the distribution chart, Hotai Motor Co ranks #1025 out of 1294 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hotai Motor Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hotai Motor Co's PB Ratio compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Hotai Motor Co ranks #1025 out of 1294 companies for PB Ratio. This places Hotai Motor Co in the lower half of its industry. The industry median PB Ratio is 1.36. Hotai Motor Co's value of 3.18 is 134.7% above this benchmark. Historically, Hotai Motor Co's own PB Ratio has ranged from 2.31 to 10.03 over the past decade. While the company's 10-year median is 4.82 vs. the industry median of 1.36, Hotai Motor 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.36, based on 1,294 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. Hotai Motor Co's current PB Ratio of 3.18 is 134.7% 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 Hotai Motor Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hotai Motor Co's current PB Ratio is 3.18, which is 34% below median its own 10-year median of 4.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotai Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Hotai Motor Co (TPE:2207) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$688.61, compared to a current price of NT$492.00 — trading 28.6% below its estimated fair value. The current PB Ratio is 3.18, which is 34% below median its 10-year median of 4.82 and 134.7% above the Vehicles & Parts industry median of 1.36. Hotai Motor Co's overall GF Score™ is 76/100 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 Hotai Motor Co (TPE:2207), the current PB Ratio is 3.18 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 Hotai Motor Co (TPE:2207) Overvalued in 2026?

Based on GuruFocus' analysis, Hotai Motor Co stock appears to be undervalued. The current stock price of NT$492.00 is trading 28.6% below its estimated GF Value™ of NT$688.61. GuruFocus considers Hotai Motor Co to be Modestly Undervalued.

Key valuation signals for TPE:2207:

  • PB Ratio: 3.18 (34% below median its 10-year median of 4.82)
  • GF Value™: NT$688.61 vs. price of NT$492.00 (28.6% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 134.7% above the Vehicles & Parts median (#1025 of 1294)

No single metric tells the full story. See the TPE:2207 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hotai Motor Co Business Description

Address No. 121 Sung Chiang Road, 8th-14th Floor, Zhongshan District, Taipei, TWN
Hotai Motor Co Ltd is engaged in import, trading, selling and repairing of vehicles and their parts, as well as installment sales and leases of vehicles, and sales of used vehicles and business of property insurance. The segments of the company include the Distributor of Toyota and Hino products segments, Installment trading, Leasing, and other segments. It has operations across both Taiwan and mainland China, with the vast majority of revenue derived domestically.
76GF Score

Get the complete analysis for TPE:2207

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

NT$492.00
Price
NT$688.61
GF Value