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Kedge Construction CoTPE:2546 +0.42%96 PB Ratio is 2.08 as of Jul. 19, 2026, which is 25% above its 10-year median of 1.66. GuruFocus rates TPE:2546 with a GF Score™ of 96/100 and a GF Value™ of NT$117.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,724 Construction companies, Kedge Construction Co ranks worse than 66.3% on this metric.
The historical rank and industry rank for Kedge Construction Co's PB Ratio or its related term are showing as below:
TPE:2546'
s PB Ratio Range Over the Past 10 Years
Min: 0.8 Med: 1.66 Max: 3.33
Current: 2.08
During the past 13 years, Kedge Construction Co's highest PB Ratio was 3.33. The lowest was 0.80. And the median was 1.66.
TPE:2546's PB Ratio is ranked worse than 66.3% of 1724
companies
in the Construction industry
Industry Median: 1.32
vs TPE:2546: 2.08
During the past 12 months, Kedge Construction Co's average Book Value Per Share Growth Rate was 13.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kedge Construction Co was 16.10% per year. The lowest was 1.20% per year. And the median was 7.05% per year.
Back to Basics: PB Ratio
Kedge Construction Co (TPE:2546) 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.
* 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, Kedge Construction 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.
Kedge Construction Co PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Kedge Construction Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kedge Construction 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.
Kedge Construction Co (TPE:2546) has a PB Ratio of 2.08 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 Kedge Construction Co and its competitors. This is 25% above median its historical median of 1.66. Over the past decade, Kedge Construction Co's PB Ratio has ranged from 0.80 to 3.33. According to the industry distribution chart, Kedge Construction Co ranks #1143 out of 1724 companies in the Construction industry, placing it in the top 66.3%.
Is Kedge Construction Co's PB Ratio too high?
Kedge Construction Co's current PB Ratio of 2.08 is 25% above median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 3.33. The Construction industry median PB Ratio is 1.32. Kedge Construction Co's value of 2.08 is 57.6% above this industry median. Based on the distribution chart, Kedge Construction Co ranks #1143 out of 1724 companies in the Construction industry, which is below the industry midpoint. Overall, Kedge Construction Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kedge Construction Co's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Kedge Construction Co ranks #1143 out of 1724 companies for PB Ratio. This places Kedge Construction Co in the lower half of its industry. The industry median PB Ratio is 1.32. Kedge Construction Co's value of 2.08 is 57.6% above this benchmark. Historically, Kedge Construction Co's own PB Ratio has ranged from 0.80 to 3.33 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 1.32, Kedge Construction 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,724 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. Kedge Construction Co's current PB Ratio of 2.08 is 57.6% 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 Kedge Construction 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. Kedge Construction Co's current PB Ratio is 2.08, which is 25% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kedge Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Kedge Construction Co (TPE:2546) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$117.61, compared to a current price of NT$96.10 — trading 18.3% below its estimated fair value. The current PB Ratio is 2.08, which is 25% above median its 10-year median of 1.66 and 57.6% above the Construction industry median of 1.32. Kedge Construction Co's overall GF Score™ is 96/100 with 3 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 Kedge Construction Co (TPE:2546), the current PB Ratio is 2.08 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 Kedge Construction Co (TPE:2546) Overvalued in 2026?
Based on GuruFocus' analysis, Kedge Construction Co stock appears to be undervalued.
The current stock price of NT$96.10 is trading 18.3% below its estimated GF Value™ of NT$117.61.
GuruFocus considers Kedge Construction Co to be Modestly Undervalued.
Key valuation signals for TPE:2546:
PB Ratio: 2.08 (25% above median its 10-year median of 1.66)
GF Value™: NT$117.61 vs. price of NT$96.10 (18.3% below fair value)
Industry Position: 57.6% above the Construction median (#1143 of 1724)
No single metric tells the full story. See the TPE:2546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kedge Construction Co Ltd operates in the contracting business of residential property and public construction. The projects of the company are in areas of Collective Housing, Department Store, Institutional School, Technology Factory Office, Biotech Medical, and Civil Engineering. The company's reportable operating segment only is the construction segment.
96GF Score
Get the complete analysis for TPE:2546
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