Phihong Technology Co (TPE:2457) PB Ratio: 1.16 (As of Jul. 24, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:2457 Phihong Technology Co Ltd TPE:2457
59 GF Score
Price NT$24.60
GF Value NT$31.13
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Phihong Technology Co PB Ratio?

Phihong Technology Co TPE:2457 -0.61% 59 PB Ratio is 1.16 as of Jul. 24, 2026, which is at its 10-year median of 1.16. GuruFocus rates TPE:2457 with a GF Score™ of 59/100 and a GF Value™ of NT$31.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,982 Industrial Products companies, Phihong Technology Co ranks better than 73.44% 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 (2026-07-24), Phihong Technology Co's share price is NT$24.60. Phihong Technology Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$21.12. Hence, Phihong Technology Co's PB Ratio of today is 1.16.

Good Sign:

Phihong Technology Co Ltd stock PB Ratio (=1.16) is close to 1-year low of 1.08.

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

TPE:2457' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.16   Max: 5
Current: 1.16

During the past 13 years, Phihong Technology Co's highest PB Ratio was 5.00. The lowest was 0.37. And the median was 1.16.

TPE:2457's PB Ratio is ranked better than
73.44% of 2982 companies
in the Industrial Products industry
Industry Median: 2.14 vs TPE:2457: 1.16

During the past 12 months, Phihong Technology Co's average Book Value Per Share Growth Rate was -9.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Phihong Technology Co was 16.60% per year. The lowest was -10.40% per year. And the median was -2.10% per year.

Back to Basics: PB Ratio


Phihong Technology Co  (TPE:2457) 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.


Phihong Technology Co PB Ratio Related Terms


Phihong Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Phihong Technology 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.

Phihong Technology Co PB Ratio Chart

Phihong Technology 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 3.23 2.38 2.70 1.61 1.35

Phihong Technology 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 1.61 1.15 1.04 1.14 1.35

TPE:2457 vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Phihong Technology 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.


Phihong Technology Co PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Phihong Technology Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Phihong Technology Co's PB Ratio falls into.


TPE:2457
59GF Score
Phihong Technology Co Ltd TPE:2457
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phihong Technology 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.

Phihong Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=24.60/21.122
=1.16

* 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 1.16 mean?
Phihong Technology Co (TPE:2457) has a PB Ratio of 1.16 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Phihong Technology Co and its competitors. This is near median its historical median of 1.16. Over the past decade, Phihong Technology Co's PB Ratio has ranged from 0.37 to 5.00. According to the industry distribution chart, Phihong Technology Co ranks #792 out of 2982 companies in the Industrial Products industry, placing it in the top 26.6%.
Is Phihong Technology Co's PB Ratio too high?
Phihong Technology Co's current PB Ratio of 1.16 is near median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 5.00. The Industrial Products industry median PB Ratio is 2.14. Phihong Technology Co's value of 1.16 is 45.8% below this industry median. Based on the distribution chart, Phihong Technology Co ranks #792 out of 2982 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Phihong Technology Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Phihong Technology Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Phihong Technology Co ranks #792 out of 2982 companies for PB Ratio. This puts Phihong Technology Co in the upper half of its industry. The industry median PB Ratio is 2.14. Phihong Technology Co's value of 1.16 is 45.8% below this benchmark. Historically, Phihong Technology Co's own PB Ratio has ranged from 0.37 to 5.00 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 2.14, Phihong Technology 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.14, based on 2,982 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. Phihong Technology Co's current PB Ratio of 1.16 is 45.8% 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 Phihong Technology Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phihong Technology Co's current PB Ratio is 1.16, which is near median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phihong Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Phihong Technology Co (TPE:2457) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$31.13, compared to a current price of NT$24.60 — trading 21% below its estimated fair value. The current PB Ratio is 1.16, which is near median its 10-year median of 1.16 and 45.8% below the Industrial Products industry median of 2.14. Phihong Technology Co's overall GF Score™ is 59/100 with 2 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 Phihong Technology Co (TPE:2457), the current PB Ratio is 1.16 as of Jul. 24, 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 Phihong Technology Co (TPE:2457) Overvalued in 2026?

Based on GuruFocus' analysis, Phihong Technology Co stock appears to be undervalued. The current stock price of NT$24.60 is trading 21% below its estimated GF Value™ of NT$31.13. GuruFocus considers Phihong Technology Co to be Modestly Undervalued.

Key valuation signals for TPE:2457:

  • PB Ratio: 1.16 (near median its 10-year median of 1.16)
  • GF Value™: NT$31.13 vs. price of NT$24.60 (21% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 45.8% below the Industrial Products median (#792 of 2982)

No single metric tells the full story. See the TPE:2457 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Phihong Technology Co Business Description

Address No. 568, Fuxing 3rd Road, Guishan District, Taoyuan, TWN, 333611
Phihong Technology Co Ltd predominantly manufactures and sells alternating current (AC)/direct current (DC) power adapters, charger bases, power supply modules, UPS (uninterruptible power supply) for computers, and ballasts. Its products also include multi-industry areas such as households, POS machines, small household appliances, household-level medical equipment, e-bike electric bicycles, construction, industry, and electric vehicles. Its operating segments include Power supply products, which derive key revenue, and EV energy products. Geographically, the company generates a majority of its revenue from Asia, followed by the Americas, Europe, and other regions.
59GF Score

Get the complete analysis for TPE:2457

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

NT$24.60
Price
NT$31.13
GF Value