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Crowell DevelopmentTPE:2528 -0.90%65 PB Ratio is 1.21 as of Jul. 19, 2026, which is 34% below its 10-year median of 1.83. GuruFocus rates TPE:2528 with a GF Score™ of 65/100 and a GF Value™ of NT$120.91 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,716 Real Estate companies, Crowell Development ranks worse than 67.19% on this metric.
Crowell Development Corp stock PB Ratio (=1.21) is close to 5-year low of 1.11.
The historical rank and industry rank for Crowell Development's PB Ratio or its related term are showing as below:
TPE:2528'
s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.83 Max: 4.04
Current: 1.21
During the past 13 years, Crowell Development's highest PB Ratio was 4.04. The lowest was 0.58. And the median was 1.83.
TPE:2528's PB Ratio is ranked worse than 67.19% of 1716
companies
in the Real Estate industry
Industry Median: 0.815
vs TPE:2528: 1.21
During the past 12 months, Crowell Development's average Book Value Per Share Growth Rate was 11.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Crowell Development was 12.00% per year. The lowest was -5.30% per year. And the median was 5.85% per year.
Back to Basics: PB Ratio
Crowell Development (TPE:2528) 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.
Crowell Development PB Ratio Related Terms
Crowell Development PB Ratio Historical Data
* Premium members only.
The historical data trend for Crowell Development'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 Real Estate Services subindustry, Crowell Development'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.
Crowell Development PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Crowell Development's PB Ratio distribution charts can be found below:
* The bar in red indicates where Crowell Development'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.
Crowell Development (TPE:2528) has a PB Ratio of 1.21 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Crowell Development and its competitors. This is 34% below median its historical median of 1.83. Over the past decade, Crowell Development's PB Ratio has ranged from 0.58 to 4.04. According to the industry distribution chart, Crowell Development ranks #1153 out of 1716 companies in the Real Estate industry, placing it in the top 67.2%.
Is Crowell Development's PB Ratio too high?
Crowell Development's current PB Ratio of 1.21 is 34% below median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 4.04. The Real Estate industry median PB Ratio is 0.82. Crowell Development's value of 1.21 is 48.5% above this industry median. Based on the distribution chart, Crowell Development ranks #1153 out of 1716 companies in the Real Estate industry, which is below the industry midpoint. Overall, Crowell Development has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Crowell Development's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Crowell Development ranks #1153 out of 1716 companies for PB Ratio. This places Crowell Development in the lower half of its industry. The industry median PB Ratio is 0.82. Crowell Development's value of 1.21 is 48.5% above this benchmark. Historically, Crowell Development's own PB Ratio has ranged from 0.58 to 4.04 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 0.82, Crowell Development 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,716 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. Crowell Development's current PB Ratio of 1.21 is 48.5% 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 Crowell Development and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crowell Development's current PB Ratio is 1.21, which is 34% below median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crowell Development stock overvalued right now?
Based on GuruFocus' analysis, Crowell Development (TPE:2528) is currently considered Possible Value Trap. The stock's GF Value™ is NT$120.91, compared to a current price of NT$22.05 — trading 81.8% below its estimated fair value. The current PB Ratio is 1.21, which is 34% below median its 10-year median of 1.83 and 48.5% above the Real Estate industry median of 0.82. Crowell Development's overall GF Score™ is 65/100 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 Crowell Development (TPE:2528), the current PB Ratio is 1.21 as of Jul. 19, 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 Crowell Development (TPE:2528) Overvalued in 2026?
Based on GuruFocus' analysis, Crowell Development stock appears to be undervalued.
The current stock price of NT$22.05 is trading 81.8% below its estimated GF Value™ of NT$120.91.
GuruFocus considers Crowell Development to be Possible Value Trap.
Key valuation signals for TPE:2528:
PB Ratio: 1.21 (34% below median its 10-year median of 1.83)
GF Value™: NT$120.91 vs. price of NT$22.05 (81.8% below fair value)
Industry Position: 48.5% above the Real Estate median (#1153 of 1716)
No single metric tells the full story. See the TPE:2528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Crowell Development Corp engages in the business of construction, sales, and leasing of commercial and residential buildings. The company operates in a single segment of public housing, selling and leasing of residential and commercial buildings.
65GF Score
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