Prime Oil Chemical Service (TPE:2904) PB Ratio: 0.81 (As of Aug. 14, 2026) — 46% Below Median

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TPE:2904 Prime Oil Chemical Service Corp TPE:2904
71 GF Score
Price NT$12.75
GF Value NT$17.00
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Prime Oil Chemical Service PB Ratio?

Prime Oil Chemical Service TPE:2904 -0.78% 71 PB Ratio is 0.81 as of Aug. 14, 2026, which is 46% below its 10-year median of 1.49. GuruFocus rates TPE:2904 with a GF Score™ of 71/100 and a GF Value™ of NT$17.00 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 937 Oil & Gas companies, Prime Oil Chemical Service ranks better than 76.09% 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 (2026-08-14), Prime Oil Chemical Service's share price is NT$12.75. Prime Oil Chemical Service's Book Value per Share for the quarter that ended in Mar. 2026 was NT$15.83. Hence, Prime Oil Chemical Service's PB Ratio of today is 0.81.

Good Sign:

Prime Oil Chemical Service Corp stock PB Ratio (=0.83) is close to 10-year low of 0.83.

The historical rank and industry rank for Prime Oil Chemical Service's PB Ratio or its related term are showing as below:

TPE:2904' s PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.49   Max: 2.03
Current: 0.8

During the past 13 years, Prime Oil Chemical Service's highest PB Ratio was 2.03. The lowest was 0.80. And the median was 1.49.

TPE:2904's PB Ratio is ranked better than
76.09% of 937 companies
in the Oil & Gas industry
Industry Median: 1.47 vs TPE:2904: 0.80

During the past 12 months, Prime Oil Chemical Service's average Book Value Per Share Growth Rate was -1.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Prime Oil Chemical Service was 6.50% per year. The lowest was -4.40% per year. And the median was 1.80% per year.

Back to Basics: PB Ratio


Prime Oil Chemical Service  (TPE:2904) 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.


Prime Oil Chemical Service PB Ratio Related Terms


Prime Oil Chemical Service PB Ratio Historical Data

* Premium members only.

The historical data trend for Prime Oil Chemical Service'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.

Prime Oil Chemical Service PB Ratio Chart

Prime Oil Chemical Service 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 1.82 1.29 1.22 1.08 1.03

Prime Oil Chemical Service Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.15 1.15 1.07 1.03 1.06

TPE:2904 vs SLB, BKR, FTI: PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Prime Oil Chemical Service'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.


Prime Oil Chemical Service PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Prime Oil Chemical Service's PB Ratio distribution charts can be found below:

* The bar in red indicates where Prime Oil Chemical Service's PB Ratio falls into.


TPE:2904
71GF Score
Prime Oil Chemical Service Corp TPE:2904
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prime Oil Chemical Service 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.

Prime Oil Chemical Service's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=12.75/15.828
=0.81

* 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 0.81 mean?
Prime Oil Chemical Service (TPE:2904) has a PB Ratio of 0.81 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Prime Oil Chemical Service and its competitors. This is 46% below median its historical median of 1.49. Over the past decade, Prime Oil Chemical Service's PB Ratio has ranged from 0.80 to 2.03. According to the industry distribution chart, Prime Oil Chemical Service ranks #224 out of 937 companies in the Oil & Gas industry, placing it in the top 23.9%.
Is Prime Oil Chemical Service's PB Ratio too high?
Prime Oil Chemical Service's current PB Ratio of 0.81 is 46% below median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.03. The Oil & Gas industry median PB Ratio is 1.47. Prime Oil Chemical Service's value of 0.81 is 44.9% below this industry median. Based on the distribution chart, Prime Oil Chemical Service ranks #224 out of 937 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Prime Oil Chemical Service has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prime Oil Chemical Service's PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Prime Oil Chemical Service ranks #224 out of 937 companies for PB Ratio. This places Prime Oil Chemical Service in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.47. Prime Oil Chemical Service's value of 0.81 is 44.9% below this benchmark. Historically, Prime Oil Chemical Service's own PB Ratio has ranged from 0.80 to 2.03 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.47, Prime Oil Chemical Service has consistently been below 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 an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.47, based on 937 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. Prime Oil Chemical Service's current PB Ratio of 0.81 is 44.9% below 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 Prime Oil Chemical Service and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prime Oil Chemical Service's current PB Ratio is 0.81, which is 46% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Oil Chemical Service stock overvalued right now?
Based on GuruFocus' analysis, Prime Oil Chemical Service (TPE:2904) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.00, compared to a current price of NT$12.75 — trading 25% below its estimated fair value. The current PB Ratio is 0.81, which is 46% below median its 10-year median of 1.49 and 44.9% below the Oil & Gas industry median of 1.47. Prime Oil Chemical Service's overall GF Score™ is 71/100 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 Prime Oil Chemical Service (TPE:2904), the current PB Ratio is 0.81 as of Aug. 14, 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 Prime Oil Chemical Service (TPE:2904) Overvalued in 2026?

Based on GuruFocus' analysis, Prime Oil Chemical Service stock appears to be undervalued. The current stock price of NT$12.75 is trading 25% below its estimated GF Value™ of NT$17.00. GuruFocus considers Prime Oil Chemical Service to be Modestly Undervalued.

Key valuation signals for TPE:2904:

  • PB Ratio: 0.81 (46% below median its 10-year median of 1.49)
  • GF Value™: NT$17.00 vs. price of NT$12.75 (25% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 44.9% below the Oil & Gas median (#224 of 937)

No single metric tells the full story. See the TPE:2904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prime Oil Chemical Service Business Description

Industry EnergyOil & Gas
Address No. 131, Minsheng East Road, 5th Floor, Section 3, Taipei, TWN
Prime Oil Chemical Service Corp is engaged in providing tank terminal services for oil and petrochemical storage, and the energy division. The firm also offers port facilities and ancillary equipment. The Company is engaged in chemical, oil tank storage and delivery services, and solar power generation business.
71GF Score

Get the complete analysis for TPE:2904

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

NT$12.75
Price
NT$17.00
GF Value