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Simple Mart Retail CoTPE:2945 +0.24%83 PB Ratio is 1.41 as of Jul. 15, 2026, which is 12% below its 10-year median of 1.60. GuruFocus rates TPE:2945 with a GF Score™ of 83/100 and a GF Value™ of NT$43.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 307 Retail - Defensive companies, Simple Mart Retail Co ranks better than 58.31% on this metric.
The historical rank and industry rank for Simple Mart Retail Co's PB Ratio or its related term are showing as below:
TPE:2945'
s PB Ratio Range Over the Past 10 Years
Min: 1.26 Med: 1.6 Max: 4.66
Current: 1.41
During the past 11 years, Simple Mart Retail Co's highest PB Ratio was 4.66. The lowest was 1.26. And the median was 1.60.
TPE:2945's PB Ratio is ranked better than 58.31% of 307
companies
in the Retail - Defensive industry
Industry Median: 1.67
vs TPE:2945: 1.41
During the past 12 months, Simple Mart Retail Co's average Book Value Per Share Growth Rate was 4.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 54.10% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Simple Mart Retail Co was 962.80% per year. The lowest was -1.70% per year. And the median was 11.95% per year.
Back to Basics: PB Ratio
Simple Mart Retail Co (TPE:2945) 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 Grocery Stores subindustry, Simple Mart Retail 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.
Simple Mart Retail Co PB Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Simple Mart Retail Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Simple Mart Retail 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.
Simple Mart Retail Co (TPE:2945) has a PB Ratio of 1.41 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Simple Mart Retail Co and its competitors. This is 12% below median its historical median of 1.60. Over the past decade, Simple Mart Retail Co's PB Ratio has ranged from 1.26 to 4.66. According to the industry distribution chart, Simple Mart Retail Co ranks #128 out of 307 companies in the Retail - Defensive industry, placing it in the top 41.7%.
Is Simple Mart Retail Co's PB Ratio too high?
Simple Mart Retail Co's current PB Ratio of 1.41 is 12% below median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 4.66. The Retail - Defensive industry median PB Ratio is 1.67. Simple Mart Retail Co's value of 1.41 is 15.6% below this industry median. Based on the distribution chart, Simple Mart Retail Co ranks #128 out of 307 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Simple Mart Retail Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Simple Mart Retail Co's PB Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Simple Mart Retail Co ranks #128 out of 307 companies for PB Ratio. This puts Simple Mart Retail Co in the upper half of its industry. The industry median PB Ratio is 1.67. Simple Mart Retail Co's value of 1.41 is 15.6% below this benchmark. Historically, Simple Mart Retail Co's own PB Ratio has ranged from 1.26 to 4.66 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.67, Simple Mart Retail Co 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 a Retail - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.67, based on 307 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. Simple Mart Retail Co's current PB Ratio of 1.41 is 15.6% 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 Simple Mart Retail Co and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simple Mart Retail Co's current PB Ratio is 1.41, which is 12% below median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simple Mart Retail Co stock overvalued right now?
Based on GuruFocus' analysis, Simple Mart Retail Co (TPE:2945) is currently considered Fairly Valued. The stock's GF Value™ is NT$43.12, compared to a current price of NT$41.60 — trading 3.5% below its estimated fair value. The current PB Ratio is 1.41, which is 12% below median its 10-year median of 1.60 and 15.6% below the Retail - Defensive industry median of 1.67. Simple Mart Retail Co's overall GF Score™ is 83/100 with 4 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 Simple Mart Retail Co (TPE:2945), the current PB Ratio is 1.41 as of Jul. 15, 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 Simple Mart Retail Co (TPE:2945) Overvalued in 2026?
Based on GuruFocus' analysis, Simple Mart Retail Co stock appears to be undervalued.
The current stock price of NT$41.60 is trading 3.5% below its estimated GF Value™ of NT$43.12.
GuruFocus considers Simple Mart Retail Co to be Fairly Valued.
Key valuation signals for TPE:2945:
PB Ratio: 1.41 (12% below median its 10-year median of 1.60)
GF Value™: NT$43.12 vs. price of NT$41.60 (3.5% below fair value)
Industry Position: 15.6% below the Retail - Defensive median (#128 of 307)
No single metric tells the full story. See the TPE:2945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Simple Mart Retail Co Ltd operates a retail chain of stores in Taiwan. The group has two reportable segments which mainly engage in selling daily commodities to customers; while the other segment engages in home shopping, health supplements, over-the-counter medicines, cosmetics, and organic products, as well as retail business on pet food and supplies.
83GF Score
Get the complete analysis for TPE:2945
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