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TaiDoc TechnologyTPE:4736 -0.77%73 PB Ratio is 1.26 as of Jul. 18, 2026, which is 49% below its 10-year median of 2.46. GuruFocus rates TPE:4736 with a GF Score™ of 73/100 and a GF Value™ of NT$110.88 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 787 Medical Devices & Instruments companies, TaiDoc Technology ranks better than 71.41% 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 (2026-07-18), TaiDoc Technology's share price is NT$129.00. TaiDoc Technology's Book Value per Share for the quarter that ended in Dec. 2025 was NT$102.60. Hence, TaiDoc Technology's PB Ratio of today is 1.26.
Good Sign:
TaiDoc Technology Corp stock PB Ratio (=1.23) is close to 10-year low of 1.18.
The historical rank and industry rank for TaiDoc Technology's PB Ratio or its related term are showing as below:
TPE:4736'
s PB Ratio Range Over the Past 10 Years
Min: 1.18 Med: 2.46 Max: 5.21
Current: 1.25
During the past 13 years, TaiDoc Technology's highest PB Ratio was 5.21. The lowest was 1.18. And the median was 2.46.
TPE:4736's PB Ratio is ranked better than 71.41% of 787
companies
in the Medical Devices & Instruments industry
Industry Median: 2.05
vs TPE:4736: 1.25
During the past 12 months, TaiDoc Technology's average Book Value Per Share Growth Rate was 7.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TaiDoc Technology was 25.00% per year. The lowest was -4.10% per year. And the median was 9.55% 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.
TaiDoc Technology PB Ratio Related Terms
TaiDoc Technology PB Ratio Historical Data
* Premium members only.
The historical data trend for TaiDoc Technology'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 Medical Devices subindustry, TaiDoc Technology'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.
TaiDoc Technology PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, TaiDoc Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where TaiDoc Technology'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.
TaiDoc Technology (TPE:4736) has a PB Ratio of 1.26 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TaiDoc Technology and its competitors. This is 49% below median its historical median of 2.46. Over the past decade, TaiDoc Technology's PB Ratio has ranged from 1.18 to 5.21. According to the industry distribution chart, TaiDoc Technology ranks #225 out of 787 companies in the Medical Devices & Instruments industry, placing it in the top 28.6%.
Is TaiDoc Technology's PB Ratio too high?
TaiDoc Technology's current PB Ratio of 1.26 is 49% below median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 5.21. The Medical Devices & Instruments industry median PB Ratio is 2.05. TaiDoc Technology's value of 1.26 is 38.5% below this industry median. Based on the distribution chart, TaiDoc Technology ranks #225 out of 787 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, TaiDoc Technology has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TaiDoc Technology's PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, TaiDoc Technology ranks #225 out of 787 companies for PB Ratio. This puts TaiDoc Technology in the upper half of its industry. The industry median PB Ratio is 2.05. TaiDoc Technology's value of 1.26 is 38.5% below this benchmark. Historically, TaiDoc Technology's own PB Ratio has ranged from 1.18 to 5.21 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 2.05, TaiDoc Technology 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.05, based on 787 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. TaiDoc Technology's current PB Ratio of 1.26 is 38.5% 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 TaiDoc Technology and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TaiDoc Technology's current PB Ratio is 1.26, which is 49% below median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TaiDoc Technology stock overvalued right now?
Based on GuruFocus' analysis, TaiDoc Technology (TPE:4736) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$110.88, compared to a current price of NT$129.00 — trading 16.3% above its estimated fair value. The current PB Ratio is 1.26, which is 49% below median its 10-year median of 2.46 and 38.5% below the Medical Devices & Instruments industry median of 2.05. TaiDoc Technology's overall GF Score™ is 73/100 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 TaiDoc Technology (TPE:4736), the current PB Ratio is 1.26 as of Jul. 18, 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 TaiDoc Technology (TPE:4736) Overvalued in 2026?
Based on GuruFocus' analysis, TaiDoc Technology stock appears to be overvalued.
The current stock price of NT$129.00 is trading 16.3% above its estimated GF Value™ of NT$110.88.
GuruFocus considers TaiDoc Technology to be Modestly Overvalued.
Key valuation signals for TPE:4736:
PB Ratio: 1.26 (49% below median its 10-year median of 2.46)
GF Value™: NT$110.88 vs. price of NT$129.00 (16.3% above fair value)
Industry Position: 38.5% below the Medical Devices & Instruments median (#225 of 787)
No single metric tells the full story. See the TPE:4736 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TaiDoc Technology Corp is engaged in the research and development, manufacture, and sales of various electronics components and medical devices. Its products and services include In Vitro Diagnostic, Medical Device, and TeleHealth. It has three segments: Manufacturing of Medical Devices, Precision Finishing Division, and Sales of Medical Devices. It derives the majority of its revenue from the Manufacturing of Medical Devices. Geographically, the company derives its key revenue from Europe and the rest from the Americas, the Middle East, Asia, Taiwan, and others.
73GF Score
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