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Shin Zu Shing CoTPE:3376 +1.80%84 PB Ratio is 2.22 as of Jul. 14, 2026, which is 48% above its 10-year median of 1.50. GuruFocus rates TPE:3376 with a GF Score™ of 84/100 and a GF Value™ of NT$217.16 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,983 Industrial Products companies, Shin Zu Shing Co ranks better than 50.18% 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 (2026-07-14), Shin Zu Shing Co's share price is NT$197.50. Shin Zu Shing Co's Book Value per Share for the quarter that ended in Mar. 2026 was NT$88.87. Hence, Shin Zu Shing Co's PB Ratio of today is 2.22.
Good Sign:
Shin Zu Shing Co Ltd stock PB Ratio (=2.18) is close to 1-year low of 2.06.
The historical rank and industry rank for Shin Zu Shing Co's PB Ratio or its related term are showing as below:
TPE:3376'
s PB Ratio Range Over the Past 10 Years
Min: 0.92 Med: 1.5 Max: 3.14
Current: 2.22
During the past 13 years, Shin Zu Shing Co's highest PB Ratio was 3.14. The lowest was 0.92. And the median was 1.50.
TPE:3376's PB Ratio is ranked better than 50.18% of 2983
companies
in the Industrial Products industry
Industry Median: 2.18
vs TPE:3376: 2.22
During the past 12 months, Shin Zu Shing Co's average Book Value Per Share Growth Rate was -4.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shin Zu Shing Co was 24.40% per year. The lowest was 0.40% per year. And the median was 4.80% per year.
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.
Shin Zu Shing Co PB Ratio Related Terms
Shin Zu Shing Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Shin Zu Shing 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.
For the Metal Fabrication subindustry, Shin Zu Shing 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.
Shin Zu Shing Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shin Zu Shing Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shin Zu Shing 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.
Shin Zu Shing Co (TPE:3376) has a PB Ratio of 2.22 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shin Zu Shing Co and its competitors. This is 48% above median its historical median of 1.50. Over the past decade, Shin Zu Shing Co's PB Ratio has ranged from 0.92 to 3.14. According to the industry distribution chart, Shin Zu Shing Co ranks #1486 out of 2983 companies in the Industrial Products industry, placing it in the top 49.8%.
Is Shin Zu Shing Co's PB Ratio too high?
Shin Zu Shing Co's current PB Ratio of 2.22 is 48% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 3.14. The Industrial Products industry median PB Ratio is 2.18. Shin Zu Shing Co's value of 2.22 is 1.8% above this industry median. Based on the distribution chart, Shin Zu Shing Co ranks #1486 out of 2983 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shin Zu Shing Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shin Zu Shing Co's PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shin Zu Shing Co ranks #1486 out of 2983 companies for PB Ratio. This puts Shin Zu Shing Co in the upper half of its industry. The industry median PB Ratio is 2.18. Shin Zu Shing Co's value of 2.22 is 1.8% above this benchmark. Historically, Shin Zu Shing Co's own PB Ratio has ranged from 0.92 to 3.14 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 2.18, Shin Zu Shing 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.18, based on 2,983 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. Shin Zu Shing Co's current PB Ratio of 2.22 is 1.8% 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 Shin Zu Shing Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Zu Shing Co's current PB Ratio is 2.22, which is 48% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Zu Shing Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Zu Shing Co (TPE:3376) is currently considered Fairly Valued. The stock's GF Value™ is NT$217.16, compared to a current price of NT$197.50 — trading 9.1% below its estimated fair value. The current PB Ratio is 2.22, which is 48% above median its 10-year median of 1.50 and 1.8% above the Industrial Products industry median of 2.18. Shin Zu Shing Co's overall GF Score™ is 84/100 with 5 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 Shin Zu Shing Co (TPE:3376), the current PB Ratio is 2.22 as of Jul. 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 Shin Zu Shing Co (TPE:3376) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Zu Shing Co stock appears to be undervalued.
The current stock price of NT$197.50 is trading 9.1% below its estimated GF Value™ of NT$217.16.
GuruFocus considers Shin Zu Shing Co to be Fairly Valued.
Key valuation signals for TPE:3376:
PB Ratio: 2.22 (48% above median its 10-year median of 1.50)
GF Value™: NT$217.16 vs. price of NT$197.50 (9.1% below fair value)
Industry Position: 1.8% above the Industrial Products median (#1486 of 2983)
No single metric tells the full story. See the TPE:3376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Zu Shing Co Ltd is engaged in research and development, design, production, assembly, testing, manufacturing, and sales of various precision springs, stamping parts, hinge components, and metal injection molding (MIM) products. It develops hinge components used in notebook computers, LCD monitors, digital cameras, and other electronic product parts. Its segments are Hinge products, which generate maximum revenue and engage in the design, manufacture, testing, and sales of hinge products for various components, including NB, LCD, and 3C hinge products and other parts such as springs and stamping parts for different types of laptops or consumer electronic products, as well as Milling products and MIM products. Geographically, it generates maximum revenue from Asia.
84GF Score
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