Tainan Enterprise (Cayman) Co (TPE:5906) PB Ratio: 2.36 (As of Aug. 12, 2026) — Near Median

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TPE:5906 Tainan Enterprise (Cayman) Co Ltd TPE:5906
73 GF Score
Price NT$38.50
GF Value NT$45.27
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Tainan Enterprise (Cayman) Co PB Ratio?

Tainan Enterprise (Cayman) Co TPE:5906 -2.41% 73 PB Ratio is 2.36 as of Aug. 12, 2026, which is 4% above its 10-year median of 2.27. GuruFocus rates TPE:5906 with a GF Score™ of 73/100 and a GF Value™ of NT$45.27 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,000 Manufacturing - Apparel & Accessories companies, Tainan Enterprise (Cayman) Co ranks worse than 77.2% 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 (2026-08-12), Tainan Enterprise (Cayman) Co's share price is NT$38.50. Tainan Enterprise (Cayman) Co's Book Value per Share for the quarter that ended in Mar. 2026 was NT$16.31. Hence, Tainan Enterprise (Cayman) Co's PB Ratio of today is 2.36.

Good Sign:

Tainan Enterprise (Cayman) Co Ltd stock PB Ratio (=2.5) is close to 3-year low of 2.26.

The historical rank and industry rank for Tainan Enterprise (Cayman) Co's PB Ratio or its related term are showing as below:

TPE:5906' s PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 2.27   Max: 5
Current: 2.36

During the past 13 years, Tainan Enterprise (Cayman) Co's highest PB Ratio was 5.00. The lowest was 0.33. And the median was 2.27.

TPE:5906's PB Ratio is ranked worse than
77.2% of 1000 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.1 vs TPE:5906: 2.36

During the past 12 months, Tainan Enterprise (Cayman) Co's average Book Value Per Share Growth Rate was -20.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tainan Enterprise (Cayman) Co was 21.00% per year. The lowest was -48.30% per year. And the median was -7.70% per year.

Back to Basics: PB Ratio


Tainan Enterprise (Cayman) Co  (TPE:5906) 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.


Tainan Enterprise (Cayman) Co PB Ratio Related Terms


Tainan Enterprise (Cayman) Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Tainan Enterprise (Cayman) 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.

Tainan Enterprise (Cayman) Co PB Ratio Chart

Tainan Enterprise (Cayman) 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 2.67 1.78 3.32 2.64 3.10

Tainan Enterprise (Cayman) 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 2.70 2.84 2.93 3.10 2.94

TPE:5906 vs RL, LEVI, VFC: PB Ratio Comparison

For the Apparel Manufacturing subindustry, Tainan Enterprise (Cayman) 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.


Tainan Enterprise (Cayman) Co PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tainan Enterprise (Cayman) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tainan Enterprise (Cayman) Co's PB Ratio falls into.


TPE:5906
73GF Score
Tainan Enterprise (Cayman) Co Ltd TPE:5906
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tainan Enterprise (Cayman) 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.

Tainan Enterprise (Cayman) Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=38.50/16.312
=2.36

* 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 2.36 mean?
Tainan Enterprise (Cayman) Co (TPE:5906) has a PB Ratio of 2.36 as of Aug. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tainan Enterprise (Cayman) Co and its competitors. This is near median its historical median of 2.27. Over the past decade, Tainan Enterprise (Cayman) Co's PB Ratio has ranged from 0.33 to 5.00. According to the industry distribution chart, Tainan Enterprise (Cayman) Co ranks #772 out of 1000 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 77.2%.
Is Tainan Enterprise (Cayman) Co's PB Ratio too high?
Tainan Enterprise (Cayman) Co's current PB Ratio of 2.36 is near median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 5.00. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.10. Tainan Enterprise (Cayman) Co's value of 2.36 is 114.5% above this industry median. Based on the distribution chart, Tainan Enterprise (Cayman) Co ranks #772 out of 1000 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Tainan Enterprise (Cayman) Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tainan Enterprise (Cayman) Co's PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tainan Enterprise (Cayman) Co ranks #772 out of 1000 companies for PB Ratio. This places Tainan Enterprise (Cayman) Co in the lower half of its industry. The industry median PB Ratio is 1.10. Tainan Enterprise (Cayman) Co's value of 2.36 is 114.5% above this benchmark. Historically, Tainan Enterprise (Cayman) Co's own PB Ratio has ranged from 0.33 to 5.00 over the past decade. While the company's 10-year median is 2.27 vs. the industry median of 1.10, Tainan Enterprise (Cayman) 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.10, based on 1,000 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. Tainan Enterprise (Cayman) Co's current PB Ratio of 2.36 is 114.5% 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 Tainan Enterprise (Cayman) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tainan Enterprise (Cayman) Co's current PB Ratio is 2.36, which is near median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainan Enterprise (Cayman) Co stock overvalued right now?
Based on GuruFocus' analysis, Tainan Enterprise (Cayman) Co (TPE:5906) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$45.27, compared to a current price of NT$38.50 — trading 15% below its estimated fair value. The current PB Ratio is 2.36, which is near median its 10-year median of 2.27 and 114.5% above the Manufacturing - Apparel & Accessories industry median of 1.10. Tainan Enterprise (Cayman) Co's overall GF Score™ is 73/100 with 8 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 Tainan Enterprise (Cayman) Co (TPE:5906), the current PB Ratio is 2.36 as of Aug. 12, 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 Tainan Enterprise (Cayman) Co (TPE:5906) Overvalued in 2026?

Based on GuruFocus' analysis, Tainan Enterprise (Cayman) Co stock appears to be undervalued. The current stock price of NT$38.50 is trading 15% below its estimated GF Value™ of NT$45.27. GuruFocus considers Tainan Enterprise (Cayman) Co to be Modestly Undervalued.

Key valuation signals for TPE:5906:

  • PB Ratio: 2.36 (near median its 10-year median of 2.27)
  • GF Value™: NT$45.27 vs. price of NT$38.50 (15% below fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 114.5% above the Manufacturing - Apparel & Accessories median (#772 of 1000)

No single metric tells the full story. See the TPE:5906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tainan Enterprise (Cayman) Co Business Description

Address Section 2, Dongmen Road, 1st Floor, No. 297, East District, Tainan, TWN
Tainan Enterprise (Cayman) Co Ltd and its subsidiaries mainly engage in professional investment services and trading of various garments, footwear, and department stores. The company carries brands such as Tony Wear, Tony Jeans, Tony Uomo, and Tjl, and also acts as an agent for European apparel brands including Camel Active from Germany, New Man, and U by Ungaro from France. Its segments include sports business, which generates maximum revenue, cultural and creative department store, and others.
73GF Score

Get the complete analysis for TPE:5906

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

NT$38.50
Price
NT$45.27
GF Value