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The historical rank and industry rank for U-Ming Marine Transport's PB Ratio or its related term are showing as below:
TPE:2606'
s PB Ratio Range Over the Past 10 Years
Min: 0.75 Med: 1.23 Max: 3.13
Current: 1.3
During the past 13 years, U-Ming Marine Transport's highest PB Ratio was 3.13. The lowest was 0.75. And the median was 1.23.
TPE:2606's PB Ratio is ranked worse than 52.33% of 967
companies
in the Transportation industry
Industry Median: 1.25
vs TPE:2606: 1.30
During the past 12 months, U-Ming Marine Transport's average Book Value Per Share Growth Rate was -3.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of U-Ming Marine Transport was 16.10% per year. The lowest was -7.80% per year. And the median was 2.00% per year.
Back to Basics: PB Ratio
U-Ming Marine Transport (TPE:2606) 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.
U-Ming Marine Transport PB Ratio Competitor Comparison
For the Marine Shipping subindustry, U-Ming Marine Transport'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.
U-Ming Marine Transport PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, U-Ming Marine Transport's PB Ratio distribution charts can be found below:
* The bar in red indicates where U-Ming Marine Transport'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.
U-Ming Marine Transport (TPE:2606) has a PB Ratio of 1.29 as of Jul. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on U-Ming Marine Transport and its competitors. This is near median its historical median of 1.23. Over the past decade, U-Ming Marine Transport's PB Ratio has ranged from 0.75 to 3.13. According to the industry distribution chart, U-Ming Marine Transport ranks #506 out of 967 companies in the Transportation industry, placing it in the top 52.3%.
Is U-Ming Marine Transport's PB Ratio too high?
U-Ming Marine Transport's current PB Ratio of 1.29 is near median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 3.13. The Transportation industry median PB Ratio is 1.25. U-Ming Marine Transport's value of 1.29 is 3.2% above this industry median. Based on the distribution chart, U-Ming Marine Transport ranks #506 out of 967 companies in the Transportation industry, which is below the industry midpoint. Overall, U-Ming Marine Transport has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does U-Ming Marine Transport's PB Ratio compare to competitors?
According to the Transportation industry distribution chart, U-Ming Marine Transport ranks #506 out of 967 companies for PB Ratio. This places U-Ming Marine Transport in the lower half of its industry. The industry median PB Ratio is 1.25. U-Ming Marine Transport's value of 1.29 is 3.2% above this benchmark. Historically, U-Ming Marine Transport's own PB Ratio has ranged from 0.75 to 3.13 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.25, U-Ming Marine Transport 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 Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 967 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. U-Ming Marine Transport's current PB Ratio of 1.29 is 3.2% 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 U-Ming Marine Transport and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. U-Ming Marine Transport's current PB Ratio is 1.29, which is near median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U-Ming Marine Transport stock overvalued right now?
Based on GuruFocus' analysis, U-Ming Marine Transport (TPE:2606) is currently considered Fairly Valued. The stock's GF Value™ is NT$60.08, compared to a current price of NT$62.10 — trading 3.4% above its estimated fair value. The current PB Ratio is 1.29, which is near median its 10-year median of 1.23 and 3.2% above the Transportation industry median of 1.25. U-Ming Marine Transport's overall GF Score™ is 89/100 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 U-Ming Marine Transport (TPE:2606), the current PB Ratio is 1.29 as of Jul. 28, 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 U-Ming Marine Transport (TPE:2606) Overvalued in 2026?
Based on GuruFocus' analysis, U-Ming Marine Transport stock appears to be overvalued.
The current stock price of NT$62.10 is trading 3.4% above its estimated GF Value™ of NT$60.08.
GuruFocus considers U-Ming Marine Transport to be Fairly Valued.
Key valuation signals for TPE:2606:
PB Ratio: 1.29 (near median its 10-year median of 1.23)
GF Value™: NT$60.08 vs. price of NT$62.10 (3.4% above fair value)
Industry Position: 3.2% above the Transportation median (#506 of 967)
No single metric tells the full story. See the TPE:2606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
U-Ming Marine Transport Corp is a transportation and logistics company, domiciled in Taiwan. The company organizes itself into two segments: marine transportation and investment. The marine transportation segment, which contributes the vast majority of revenue, owns and operates a fleet of vessels to transport dry bulk cargo, including cement, oil, coal, iron ore, steel, grain, and other commodities.
89GF Score
Get the complete analysis for TPE:2606
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