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SinoPac Financial Holdings Co Ltd stock PB Ratio (=2.26) is close to 10-year high of 2.29.
The historical rank and industry rank for SinoPac Financial Holdings Co's PB Ratio or its related term are showing as below:
TPE:2890'
s PB Ratio Range Over the Past 10 Years
Min: 0.7 Med: 0.99 Max: 2.29
Current: 2.27
During the past 13 years, SinoPac Financial Holdings Co's highest PB Ratio was 2.29. The lowest was 0.70. And the median was 0.99.
TPE:2890's PB Ratio is ranked worse than 91.23% of 1517
companies
in the Banks industry
Industry Median: 1.12
vs TPE:2890: 2.27
During the past 12 months, SinoPac Financial Holdings Co's average Book Value Per Share Growth Rate was 12.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SinoPac Financial Holdings Co was 15.60% per year. The lowest was 1.30% per year. And the median was 5.60% per year.
Back to Basics: PB Ratio
SinoPac Financial Holdings Co (TPE:2890) 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.
SinoPac Financial Holdings Co PB Ratio Related Terms
SinoPac Financial Holdings Co PB Ratio Historical Data
* 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.
SinoPac Financial Holdings Co PB Ratio Competitor Comparison
For the Banks - Regional subindustry, SinoPac Financial Holdings 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.
SinoPac Financial Holdings Co PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, SinoPac Financial Holdings Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where SinoPac Financial Holdings Co's PB Ratio falls into.
SinoPac Financial Holdings Co 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.
* 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.
SinoPac Financial Holdings Co (TPE:2890) has a PB Ratio of 2.27 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SinoPac Financial Holdings Co and its competitors. This is 129% above median its historical median of 0.99. Over the past decade, SinoPac Financial Holdings Co's PB Ratio has ranged from 0.70 to 2.29. According to the industry distribution chart, SinoPac Financial Holdings Co ranks #1384 out of 1517 companies in the Banks industry, placing it in the top 91.2%.
Is SinoPac Financial Holdings Co's PB Ratio too high?
SinoPac Financial Holdings Co's current PB Ratio of 2.27 is 129% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.29. The Banks industry median PB Ratio is 1.12. SinoPac Financial Holdings Co's value of 2.27 is 102.7% above this industry median. Based on the distribution chart, SinoPac Financial Holdings Co ranks #1384 out of 1517 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, SinoPac Financial Holdings Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SinoPac Financial Holdings Co's PB Ratio compare to competitors?
According to the Banks industry distribution chart, SinoPac Financial Holdings Co ranks #1384 out of 1517 companies for PB Ratio. This places SinoPac Financial Holdings Co in the lower half of its industry. The industry median PB Ratio is 1.12. SinoPac Financial Holdings Co's value of 2.27 is 102.7% above this benchmark. Historically, SinoPac Financial Holdings Co's own PB Ratio has ranged from 0.70 to 2.29 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.12, SinoPac Financial Holdings 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 Banks company?
The median PB Ratio among Banks companies is 1.12, based on 1,517 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. SinoPac Financial Holdings Co's current PB Ratio of 2.27 is 102.7% 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 SinoPac Financial Holdings Co and its competitors. For the Banks industry, the median PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SinoPac Financial Holdings Co's current PB Ratio is 2.27, which is 129% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SinoPac Financial Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, SinoPac Financial Holdings Co (TPE:2890) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.13, compared to a current price of NT$40.00 — trading 37.3% above its estimated fair value. The current PB Ratio is 2.27, which is 129% above median its 10-year median of 0.99 and 102.7% above the Banks industry median of 1.12. SinoPac Financial Holdings Co's overall GF Score™ is 80/100 with 7 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 SinoPac Financial Holdings Co (TPE:2890), the current PB Ratio is 2.27 as of Jul. 17, 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 SinoPac Financial Holdings Co (TPE:2890) Overvalued in 2026?
Based on GuruFocus' analysis, SinoPac Financial Holdings Co stock appears to be overvalued.
The current stock price of NT$40.00 is trading 37.3% above its estimated GF Value™ of NT$29.13.
GuruFocus considers SinoPac Financial Holdings Co to be Significantly Overvalued.
Key valuation signals for TPE:2890:
PB Ratio: 2.27 (129% above median its 10-year median of 0.99)
GF Value™: NT$29.13 vs. price of NT$40.00 (37.3% above fair value)
Industry Position: 102.7% above the Banks median (#1384 of 1517)
No single metric tells the full story. See the TPE:2890 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SinoPac Financial Holdings Co Business Description
SinoPac Financial Holdings Co Ltd is a Taiwan-based financial holdings company. The company's business segments consist of the banking business, which includes Bank SinoPac and its subsidiaries, offering investment, insurance agent, insurance brokerage, and other services; the securities business, which includes SinoPac Securities and its subsidiaries, and offers securities dealings, investment consulting, asset management, and other services; and the other business segment, which conducts businesses through several other subsidiaries. The company generates its revenue from the banking business. The company has a business presence in Taiwan, the United States, Asia, and other countries, with Taiwan accounting for majority of its revenue.
80GF Score
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