Taiwan Mobile Co (TPE:3045) PB Ratio: 3.64 (As of Jul. 13, 2026) — 19% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:3045 Taiwan Mobile Co Ltd TPE:3045
89 GF Score
Price NT$109.50
GF Value NT$106.88
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Taiwan Mobile Co PB Ratio?

Taiwan Mobile Co TPE:3045 +0.92% 89 PB Ratio is 3.64 as of Jul. 13, 2026, which is 19% below its 10-year median of 4.47. GuruFocus rates TPE:3045 with a GF Score™ of 89/100 and a GF Value™ of NT$106.88 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,076 Retail - Cyclical companies, Taiwan Mobile Co ranks worse than 79.09% 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 (2026-07-13), Taiwan Mobile Co's share price is NT$109.50. Taiwan Mobile Co's Book Value per Share for the quarter that ended in Mar. 2026 was NT$30.05. Hence, Taiwan Mobile Co's PB Ratio of today is 3.64.

Good Sign:

Taiwan Mobile Co Ltd stock PB Ratio (=3.61) is close to 10-year low of 3.47.

The historical rank and industry rank for Taiwan Mobile Co's PB Ratio or its related term are showing as below:

TPE:3045' s PB Ratio Range Over the Past 10 Years
Min: 3.47   Med: 4.47   Max: 6.01
Current: 3.64

During the past 13 years, Taiwan Mobile Co's highest PB Ratio was 6.01. The lowest was 3.47. And the median was 4.47.

TPE:3045's PB Ratio is ranked worse than
79.09% of 1076 companies
in the Retail - Cyclical industry
Industry Median: 1.46 vs TPE:3045: 3.64

During the past 12 months, Taiwan Mobile Co's average Book Value Per Share Growth Rate was 1.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Taiwan Mobile Co was 18.30% per year. The lowest was -16.60% per year. And the median was 2.00% per year.

Back to Basics: PB Ratio


Taiwan Mobile Co  (TPE:3045) 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.


Taiwan Mobile Co PB Ratio Related Terms


Taiwan Mobile Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Mobile Co'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.

Taiwan Mobile Co PB Ratio Chart

Taiwan Mobile Co 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 4.30 4.14 3.52 4.02 3.81

Taiwan Mobile Co 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 3.93 4.40 4.01 3.81 3.63

TPE:3045 vs CASY, WSM, DKS: PB Ratio Comparison

For the Specialty Retail subindustry, Taiwan Mobile 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.


Taiwan Mobile Co PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Taiwan Mobile Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Mobile Co's PB Ratio falls into.


TPE:3045
89GF Score
Taiwan Mobile Co Ltd TPE:3045
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Mobile 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.

Taiwan Mobile Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=109.50/30.046
=3.64

* 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 3.64 mean?
Taiwan Mobile Co (TPE:3045) has a PB Ratio of 3.64 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Taiwan Mobile Co and its competitors. This is 19% below median its historical median of 4.47. Over the past decade, Taiwan Mobile Co's PB Ratio has ranged from 3.47 to 6.01. According to the industry distribution chart, Taiwan Mobile Co ranks #851 out of 1076 companies in the Retail - Cyclical industry, placing it in the top 79.1%.
Is Taiwan Mobile Co's PB Ratio too high?
Taiwan Mobile Co's current PB Ratio of 3.64 is 19% below median its 10-year median of 4.47. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 6.01. The Retail - Cyclical industry median PB Ratio is 1.46. Taiwan Mobile Co's value of 3.64 is 149.3% above this industry median. Based on the distribution chart, Taiwan Mobile Co ranks #851 out of 1076 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Taiwan Mobile Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Mobile Co's PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Taiwan Mobile Co ranks #851 out of 1076 companies for PB Ratio. This places Taiwan Mobile Co in the lower half of its industry. The industry median PB Ratio is 1.46. Taiwan Mobile Co's value of 3.64 is 149.3% above this benchmark. Historically, Taiwan Mobile Co's own PB Ratio has ranged from 3.47 to 6.01 over the past decade. While the company's 10-year median is 4.47 vs. the industry median of 1.46, Taiwan Mobile 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.46, based on 1,076 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. Taiwan Mobile Co's current PB Ratio of 3.64 is 149.3% 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 Taiwan Mobile Co and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Mobile Co's current PB Ratio is 3.64, which is 19% below median its own 10-year median of 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Mobile Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Mobile Co (TPE:3045) is currently considered Fairly Valued. The stock's GF Value™ is NT$106.88, compared to a current price of NT$109.50 — trading 2.5% above its estimated fair value. The current PB Ratio is 3.64, which is 19% below median its 10-year median of 4.47 and 149.3% above the Retail - Cyclical industry median of 1.46. Taiwan Mobile Co's overall GF Score™ is 89/100 with 6 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 Taiwan Mobile Co (TPE:3045), the current PB Ratio is 3.64 as of Jul. 13, 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 Taiwan Mobile Co (TPE:3045) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Mobile Co stock appears to be overvalued. The current stock price of NT$109.50 is trading 2.5% above its estimated GF Value™ of NT$106.88. GuruFocus considers Taiwan Mobile Co to be Fairly Valued.

Key valuation signals for TPE:3045:

  • PB Ratio: 3.64 (19% below median its 10-year median of 4.47)
  • GF Value™: NT$106.88 vs. price of NT$109.50 (2.5% above fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 149.3% above the Retail - Cyclical median (#851 of 1076)

No single metric tells the full story. See the TPE:3045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Mobile Co Business Description

Address No. 88, YanChang Road, 12th Floor, Xinyi District, Taipei, TWN, 110
Taiwan Mobile Co Ltd is engaged in providing wireless communication services, the sale of mobile phones, accessories, games, ebooks, and value-added services. The reportable segments of the company are Telecommunication, Retail, Cable television and broadband, and others. The Telecommunication segment engages in providing mobile communication services, data mobile services, and fixed line services; the Retail segment in providing online shopping, TV shopping, and catalog shopping; the Cable television and broadband segment in providing pay TV and cable broadband services; and others in business other than telecommunication, retail, and cable television. The company derives the majority of its revenue from the Retail segment.
89GF Score

Get the complete analysis for TPE:3045

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

NT$109.50
Price
NT$106.88
GF Value