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Bes Engineering CoTPE:2515 -0.81%78 PB Ratio is 0.90 as of Jul. 23, 2026, which is 43% above its 10-year median of 0.63. GuruFocus rates TPE:2515 with a GF Score™ of 78/100 and a GF Value™ of NT$14.49 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,722 Construction companies, Bes Engineering Co ranks better than 64.29% on this metric.
The historical rank and industry rank for Bes Engineering Co's PB Ratio or its related term are showing as below:
TPE:2515'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.63 Max: 1.24
Current: 0.91
During the past 13 years, Bes Engineering Co's highest PB Ratio was 1.24. The lowest was 0.41. And the median was 0.63.
TPE:2515's PB Ratio is ranked better than 64.29% of 1722
companies
in the Construction industry
Industry Median: 1.32
vs TPE:2515: 0.91
During the past 12 months, Bes Engineering Co's average Book Value Per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bes Engineering Co was 4.80% per year. The lowest was -1.00% per year. And the median was 0.40% per year.
Back to Basics: PB Ratio
Bes Engineering Co (TPE:2515) 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.
Bes Engineering Co PB Ratio Related Terms
Bes Engineering Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Bes Engineering 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.
For the Engineering & Construction subindustry, Bes Engineering 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.
Bes Engineering Co PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Bes Engineering Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bes Engineering Co'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.
Bes Engineering Co (TPE:2515) has a PB Ratio of 0.90 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 Bes Engineering Co and its competitors. This is 43% above median its historical median of 0.63. Over the past decade, Bes Engineering Co's PB Ratio has ranged from 0.41 to 1.24. According to the industry distribution chart, Bes Engineering Co ranks #615 out of 1722 companies in the Construction industry, placing it in the top 35.7%.
Is Bes Engineering Co's PB Ratio too high?
Bes Engineering Co's current PB Ratio of 0.90 is 43% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.24. The Construction industry median PB Ratio is 1.32. Bes Engineering Co's value of 0.90 is 31.8% below this industry median. Based on the distribution chart, Bes Engineering Co ranks #615 out of 1722 companies in the Construction industry, which is above the industry midpoint. Overall, Bes Engineering Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bes Engineering Co's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Bes Engineering Co ranks #615 out of 1722 companies for PB Ratio. This puts Bes Engineering Co in the upper half of its industry. The industry median PB Ratio is 1.32. Bes Engineering Co's value of 0.90 is 31.8% below this benchmark. Historically, Bes Engineering Co's own PB Ratio has ranged from 0.41 to 1.24 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 1.32, Bes Engineering 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,722 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. Bes Engineering Co's current PB Ratio of 0.90 is 31.8% 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 Bes Engineering Co and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bes Engineering Co's current PB Ratio is 0.90, which is 43% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bes Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Bes Engineering Co (TPE:2515) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.49, compared to a current price of NT$12.20 — trading 15.8% below its estimated fair value. The current PB Ratio is 0.90, which is 43% above median its 10-year median of 0.63 and 31.8% below the Construction industry median of 1.32. Bes Engineering Co's overall GF Score™ is 78/100 with 8 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 Bes Engineering Co (TPE:2515), the current PB Ratio is 0.90 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 Bes Engineering Co (TPE:2515) Overvalued in 2026?
Based on GuruFocus' analysis, Bes Engineering Co stock appears to be undervalued.
The current stock price of NT$12.20 is trading 15.8% below its estimated GF Value™ of NT$14.49.
GuruFocus considers Bes Engineering Co to be Modestly Undervalued.
Key valuation signals for TPE:2515:
PB Ratio: 0.90 (43% above median its 10-year median of 0.63)
GF Value™: NT$14.49 vs. price of NT$12.20 (15.8% below fair value)
Industry Position: 31.8% below the Construction median (#615 of 1722)
No single metric tells the full story. See the TPE:2515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bes Engineering Co engages mainly in civil engineering, building construction, real estate transactions, and the development of industrial districts for the government. Its construction engineering includes super high-rise buildings, high-end residences, department stores, office buildings, factories and offices, medical buildings, schools, gymnasiums, and large-scale community development.
78GF Score
Get the complete analysis for TPE:2515
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