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Shining Building Business CoTPE:5531 +0.78%41 PB Ratio is 0.77 as of Jul. 21, 2026, which is 16% below its 10-year median of 0.92. GuruFocus rates TPE:5531 with a GF Score™ of 41/100 and a GF Value™ of NT$3.06 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,722 Construction companies, Shining Building Business Co ranks better than 71.43% on this metric.
Shining Building Business Co Ltd stock PB Ratio (=0.77) is close to 5-year low of 0.76.
The historical rank and industry rank for Shining Building Business Co's PB Ratio or its related term are showing as below:
TPE:5531'
s PB Ratio Range Over the Past 10 Years
Min: 0.67 Med: 0.92 Max: 1.63
Current: 0.78
During the past 13 years, Shining Building Business Co's highest PB Ratio was 1.63. The lowest was 0.67. And the median was 0.92.
TPE:5531's PB Ratio is ranked better than 71.43% of 1722
companies
in the Construction industry
Industry Median: 1.31
vs TPE:5531: 0.78
During the past 12 months, Shining Building Business Co's average Book Value Per Share Growth Rate was -4.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shining Building Business Co was 22.70% per year. The lowest was -4.10% per year. And the median was 2.00% per year.
Back to Basics: PB Ratio
Shining Building Business Co (TPE:5531) 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.
Shining Building Business Co PB Ratio Related Terms
Shining Building Business Co PB Ratio Historical Data
* 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 Engineering & Construction subindustry, Shining Building Business 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.
Shining Building Business Co PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Shining Building Business Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shining Building Business 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.
Shining Building Business Co (TPE:5531) has a PB Ratio of 0.77 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shining Building Business Co and its competitors. This is 16% below median its historical median of 0.92. Over the past decade, Shining Building Business Co's PB Ratio has ranged from 0.67 to 1.63. According to the industry distribution chart, Shining Building Business Co ranks #492 out of 1722 companies in the Construction industry, placing it in the top 28.6%.
Is Shining Building Business Co's PB Ratio too high?
Shining Building Business Co's current PB Ratio of 0.77 is 16% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.63. The Construction industry median PB Ratio is 1.31. Shining Building Business Co's value of 0.77 is 41.2% below this industry median. Based on the distribution chart, Shining Building Business Co ranks #492 out of 1722 companies in the Construction industry, which is above the industry midpoint. Overall, Shining Building Business Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shining Building Business Co's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Shining Building Business Co ranks #492 out of 1722 companies for PB Ratio. This puts Shining Building Business Co in the upper half of its industry. The industry median PB Ratio is 1.31. Shining Building Business Co's value of 0.77 is 41.2% below this benchmark. Historically, Shining Building Business Co's own PB Ratio has ranged from 0.67 to 1.63 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 1.31, Shining Building Business 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 Construction company?
The median PB Ratio among Construction companies is 1.31, based on 1,722 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. Shining Building Business Co's current PB Ratio of 0.77 is 41.2% 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 Shining Building Business Co and its competitors. For the Construction industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shining Building Business Co's current PB Ratio is 0.77, which is 16% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Building Business Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Building Business Co (TPE:5531) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.06, compared to a current price of NT$7.79 — trading 154.6% above its estimated fair value. The current PB Ratio is 0.77, which is 16% below median its 10-year median of 0.92 and 41.2% below the Construction industry median of 1.31. Shining Building Business Co's overall GF Score™ is 41/100 with 9 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 Shining Building Business Co (TPE:5531), the current PB Ratio is 0.77 as of Jul. 21, 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 Shining Building Business Co (TPE:5531) Overvalued in 2026?
Based on GuruFocus' analysis, Shining Building Business Co stock appears to be overvalued.
The current stock price of NT$7.79 is trading 154.6% above its estimated GF Value™ of NT$3.06.
GuruFocus considers Shining Building Business Co to be Significantly Overvalued.
Key valuation signals for TPE:5531:
PB Ratio: 0.77 (16% below median its 10-year median of 0.92)
GF Value™: NT$3.06 vs. price of NT$7.79 (154.6% above fair value)
Industry Position: 41.2% below the Construction median (#492 of 1722)
No single metric tells the full story. See the TPE:5531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shining Building Business Co Ltd is engaged in the business of entrusting construction firms to build commercial buildings, and rent and sell public housing. The company operates through three business segments. i) Building unit: It is engaged in the business of building commercial buildings and renting and selling public housing. ii) Construction unit: It is engaged in construction and civil engineering, and iii) Other units: It is mainly engaged in hotel construction and real estate development and general investment. The majority of revenue is derived from the Building unit.
41GF Score
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