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.
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.
CSBC TaiwanTPE:2208 -5.85%49 PB Ratio is 3.49 as of Jul. 23, 2026, which is 94% above its 10-year median of 1.80. GuruFocus rates TPE:2208 with a GF Score™ of 49/100 and a GF Value™ of NT$18.52 (Fairly Valued). The stock has 6 warning signs investors should review. Among 342 Aerospace & Defense companies, CSBC Taiwan ranks better than 50% 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 (2026-07-23), CSBC Taiwan's share price is NT$20.10. CSBC Taiwan's Book Value per Share for the quarter that ended in Mar. 2026 was NT$5.76. Hence, CSBC Taiwan's PB Ratio of today is 3.49.
The historical rank and industry rank for CSBC Taiwan's PB Ratio or its related term are showing as below:
TPE:2208'
s PB Ratio Range Over the Past 10 Years
Min: 0.75 Med: 1.8 Max: 5.68
Current: 3.49
During the past 13 years, CSBC Taiwan's highest PB Ratio was 5.68. The lowest was 0.75. And the median was 1.80.
TPE:2208's PB Ratio is ranked better than 50% of 342
companies
in the Aerospace & Defense industry
Industry Median: 3.49
vs TPE:2208: 3.49
During the past 12 months, CSBC Taiwan's average Book Value Per Share Growth Rate was -12.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -17.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -12.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -15.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CSBC Taiwan was 11.30% per year. The lowest was -29.00% per year. And the median was -3.60% 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.
CSBC Taiwan PB Ratio Related Terms
CSBC Taiwan PB Ratio Historical Data
* Premium members only.
The historical data trend for CSBC Taiwan'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 Aerospace & Defense subindustry, CSBC Taiwan'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.
CSBC Taiwan PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, CSBC Taiwan's PB Ratio distribution charts can be found below:
* The bar in red indicates where CSBC Taiwan'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.
CSBC Taiwan'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.
CSBC Taiwan (TPE:2208) has a PB Ratio of 3.49 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CSBC Taiwan and its competitors. This is 94% above median its historical median of 1.80. Over the past decade, CSBC Taiwan's PB Ratio has ranged from 0.75 to 5.68. According to the industry distribution chart, CSBC Taiwan ranks #171 out of 342 companies in the Aerospace & Defense industry, placing it in the top 50%.
Is CSBC Taiwan's PB Ratio too high?
CSBC Taiwan's current PB Ratio of 3.49 is 94% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 5.68. The Aerospace & Defense industry median PB Ratio is 3.49. CSBC Taiwan's value of 3.49 is 0% at this industry median. Based on the distribution chart, CSBC Taiwan ranks #171 out of 342 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, CSBC Taiwan has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CSBC Taiwan's PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CSBC Taiwan ranks #171 out of 342 companies for PB Ratio. This puts CSBC Taiwan in the upper half of its industry. The industry median PB Ratio is 3.49. CSBC Taiwan's value of 3.49 is 0% at this benchmark. Historically, CSBC Taiwan's own PB Ratio has ranged from 0.75 to 5.68 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 3.49, CSBC Taiwan has consistently been at 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 an Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.49, based on 342 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. CSBC Taiwan's current PB Ratio of 3.49 is 0% at 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 CSBC Taiwan and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSBC Taiwan's current PB Ratio is 3.49, which is 94% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSBC Taiwan stock overvalued right now?
Based on GuruFocus' analysis, CSBC Taiwan (TPE:2208) is currently considered Fairly Valued. The stock's GF Value™ is NT$18.52, compared to a current price of NT$20.10 — trading 8.5% above its estimated fair value. The current PB Ratio is 3.49, which is 94% above median its 10-year median of 1.80 and 0% at the Aerospace & Defense industry median of 3.49. CSBC Taiwan's overall GF Score™ is 49/100 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 CSBC Taiwan (TPE:2208), the current PB Ratio is 3.49 as of Jul. 23, 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 CSBC Taiwan (TPE:2208) Overvalued in 2026?
Based on GuruFocus' analysis, CSBC Taiwan stock appears to be overvalued.
The current stock price of NT$20.10 is trading 8.5% above its estimated GF Value™ of NT$18.52.
GuruFocus considers CSBC Taiwan to be Fairly Valued.
Key valuation signals for TPE:2208:
PB Ratio: 3.49 (94% above median its 10-year median of 1.80)
GF Value™: NT$18.52 vs. price of NT$20.10 (8.5% above fair value)
Industry Position: 0% at the Aerospace & Defense median (#171 of 342)
No single metric tells the full story. See the TPE:2208 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSBC Corp Taiwan is engaged in the design, construction, repair, and conversion of ships and offshore engineering equipment. The company operates through four segments: Construction of Ships and Vessels, Machinery Building, Ship/Vessel Repairs, and All Other Segments. The Construction of Ships and Vessels segment, which contributes the majority of revenue, focuses on the manufacture and repair of marine vessels, oil drilling rigs, and onshore equipment. Geographically, it generates the majority of its revenue from Taiwan.
49GF Score
Get the complete analysis for TPE:2208
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2208 has been successfully added to your 
