President Securities (TPE:2855) PB Ratio: 1.80 (As of Jul. 19, 2026) — 117% Above 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.
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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:2855 President Securities Corp TPE:2855
77 GF Score
Price NT$44.15
GF Value NT$26.10
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is President Securities PB Ratio?

President Securities TPE:2855 -4.75% 77 PB Ratio is 1.80 as of Jul. 19, 2026, which is 117% above its 10-year median of 0.83. GuruFocus rates TPE:2855 with a GF Score™ of 77/100 and a GF Value™ of NT$26.10 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 780 Capital Markets companies, President Securities ranks worse than 60.38% 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 (2026-07-19), President Securities's share price is NT$44.15. President Securities's Book Value per Share for the quarter that ended in Dec. 2025 was NT$24.54. Hence, President Securities's PB Ratio of today is 1.80.

The historical rank and industry rank for President Securities's PB Ratio or its related term are showing as below:

TPE:2855' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.83   Max: 2.41
Current: 1.8

During the past 13 years, President Securities's highest PB Ratio was 2.41. The lowest was 0.58. And the median was 0.83.

TPE:2855's PB Ratio is ranked worse than
60.38% of 780 companies
in the Capital Markets industry
Industry Median: 1.33 vs TPE:2855: 1.80

During the past 12 months, President Securities's average Book Value Per Share Growth Rate was 11.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of President Securities was 9.80% per year. The lowest was 1.80% per year. And the median was 3.90% per year.

Back to Basics: PB Ratio


President Securities  (TPE:2855) 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.


President Securities PB Ratio Related Terms


President Securities PB Ratio Historical Data

* Premium members only.

The historical data trend for President Securities'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.

President Securities PB Ratio Chart

President Securities 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 1.09 0.77 0.89 1.06 0.97

President Securities 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 1.06 1.01 0.96 1.02 0.97

TPE:2855 vs MS, GS, SCHW: PB Ratio Comparison

For the Capital Markets subindustry, President Securities'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.


President Securities PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, President Securities's PB Ratio distribution charts can be found below:

* The bar in red indicates where President Securities's PB Ratio falls into.


TPE:2855
77GF Score
President Securities Corp TPE:2855
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

President Securities 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.

President Securities's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=44.15/24.542
=1.80

* 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 1.80 mean?
President Securities (TPE:2855) has a PB Ratio of 1.80 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 President Securities and its competitors. This is 117% above median its historical median of 0.83. Over the past decade, President Securities' PB Ratio has ranged from 0.58 to 2.41. According to the industry distribution chart, President Securities ranks #471 out of 780 companies in the Capital Markets industry, placing it in the top 60.4%.
Is President Securities' PB Ratio too high?
President Securities' current PB Ratio of 1.80 is 117% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 2.41. The Capital Markets industry median PB Ratio is 1.33. President Securities' value of 1.80 is 35.3% above this industry median. Based on the distribution chart, President Securities ranks #471 out of 780 companies in the Capital Markets industry, which is below the industry midpoint. Overall, President Securities has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does President Securities' PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, President Securities ranks #471 out of 780 companies for PB Ratio. This places President Securities in the lower half of its industry. The industry median PB Ratio is 1.33. President Securities' value of 1.80 is 35.3% above this benchmark. Historically, President Securities' own PB Ratio has ranged from 0.58 to 2.41 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.33, President Securities 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.33, based on 780 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. President Securities's current PB Ratio of 1.80 is 35.3% 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 President Securities and its competitors. For the Capital Markets industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. President Securities's current PB Ratio is 1.80, which is 117% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is President Securities stock overvalued right now?
Based on GuruFocus' analysis, President Securities (TPE:2855) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$26.10, compared to a current price of NT$44.15 — trading 69.2% above its estimated fair value. The current PB Ratio is 1.80, which is 117% above median its 10-year median of 0.83 and 35.3% above the Capital Markets industry median of 1.33. President Securities' overall GF Score™ is 77/100 with 10 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 President Securities (TPE:2855), the current PB Ratio is 1.80 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 President Securities (TPE:2855) Overvalued in 2026?

Based on GuruFocus' analysis, President Securities stock appears to be overvalued. The current stock price of NT$44.15 is trading 69.2% above its estimated GF Value™ of NT$26.10. GuruFocus considers President Securities to be Significantly Overvalued.

Key valuation signals for TPE:2855:

  • PB Ratio: 1.80 (117% above median its 10-year median of 0.83)
  • GF Value™: NT$26.10 vs. price of NT$44.15 (69.2% above fair value)
  • GF Score™: 77/100 with 10 warning signs
  • Industry Position: 35.3% above the Capital Markets median (#471 of 780)

No single metric tells the full story. See the TPE:2855 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


President Securities Business Description

Address No.8, Dongxing Road, 1st Floor, Songshan District, Taipei, TWN, 105
President Securities Corp engaged in underwriting of securities, dealing or brokerage business of securities at the securities exchange markets and business premises, registration and transfer agency service for securities, margin loans and short sales business of securities, securities lending and borrowing business, futures introducing brokerage services, futures dealing, issuance of call (put) warrants, wealth management business, and trust business. Its operating segments include Brokerage, Proprietary Trading, Financial Instrument, and Reinvestment segments, with the Brokerage segment generating maximum revenue from consigned trading of the listed securities, margin trading, and short sale, assistance in futures trading, and other instruments trading, as approved by the regulations.
77GF Score

Get the complete analysis for TPE:2855

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

NT$44.15
Price
NT$26.10
GF Value