Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Capital SecuritiesTPE:6005 +0.88%76 PB Ratio is 1.64 as of Jul. 16, 2026, which is 110% above its 10-year median of 0.78. GuruFocus rates TPE:6005 with a GF Score™ of 76/100 and a GF Value™ of NT$32.06 (Fairly Valued). The stock has 8 warning signs investors should review. Among 778 Capital Markets companies, Capital Securities ranks worse than 57.2% on this metric.
The historical rank and industry rank for Capital Securities's PB Ratio or its related term are showing as below:
TPE:6005'
s PB Ratio Range Over the Past 10 Years
Min: 0.54 Med: 0.78 Max: 2.15
Current: 1.63
During the past 13 years, Capital Securities's highest PB Ratio was 2.15. The lowest was 0.54. And the median was 0.78.
TPE:6005's PB Ratio is ranked worse than 57.2% of 778
companies
in the Capital Markets industry
Industry Median: 1.36
vs TPE:6005: 1.63
During the past 12 months, Capital Securities's average Book Value Per Share Growth Rate was 7.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Capital Securities was 8.70% per year. The lowest was -2.80% per year. And the median was 3.00% per year.
Back to Basics: PB Ratio
Capital Securities (TPE:6005) 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.
Capital Securities PB Ratio Related Terms
Capital Securities PB Ratio Historical Data
* Premium members only.
The historical data trend for Capital Securities'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 Capital Markets subindustry, Capital Securities'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.
Capital Securities PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Capital Securities's PB Ratio distribution charts can be found below:
* The bar in red indicates where Capital Securities'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.
Capital Securities (TPE:6005) has a PB Ratio of 1.64 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Capital Securities and its competitors. This is 110% above median its historical median of 0.78. Over the past decade, Capital Securities' PB Ratio has ranged from 0.54 to 2.15. According to the industry distribution chart, Capital Securities ranks #445 out of 778 companies in the Capital Markets industry, placing it in the top 57.2%.
Is Capital Securities' PB Ratio too high?
Capital Securities' current PB Ratio of 1.64 is 110% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 2.15. The Capital Markets industry median PB Ratio is 1.36. Capital Securities' value of 1.64 is 20.6% above this industry median. Based on the distribution chart, Capital Securities ranks #445 out of 778 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Capital Securities has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Capital Securities' PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Capital Securities ranks #445 out of 778 companies for PB Ratio. This places Capital Securities in the lower half of its industry. The industry median PB Ratio is 1.36. Capital Securities' value of 1.64 is 20.6% above this benchmark. Historically, Capital Securities' own PB Ratio has ranged from 0.54 to 2.15 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.36, Capital Securities 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.36, based on 778 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. Capital Securities's current PB Ratio of 1.64 is 20.6% 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 Capital Securities and its competitors. For the Capital Markets industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Securities's current PB Ratio is 1.64, which is 110% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Securities stock overvalued right now?
Based on GuruFocus' analysis, Capital Securities (TPE:6005) is currently considered Fairly Valued. The stock's GF Value™ is NT$32.06, compared to a current price of NT$34.40 — trading 7.3% above its estimated fair value. The current PB Ratio is 1.64, which is 110% above median its 10-year median of 0.78 and 20.6% above the Capital Markets industry median of 1.36. Capital Securities' overall GF Score™ is 76/100 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 Capital Securities (TPE:6005), the current PB Ratio is 1.64 as of Jul. 16, 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 Capital Securities (TPE:6005) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Securities stock appears to be overvalued.
The current stock price of NT$34.40 is trading 7.3% above its estimated GF Value™ of NT$32.06.
GuruFocus considers Capital Securities to be Fairly Valued.
Key valuation signals for TPE:6005:
PB Ratio: 1.64 (110% above median its 10-year median of 0.78)
GF Value™: NT$32.06 vs. price of NT$34.40 (7.3% above fair value)
Industry Position: 20.6% above the Capital Markets median (#445 of 778)
No single metric tells the full story. See the TPE:6005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Securities Corp is a Taiwan-based securities company engaged in brokerage, underwriting, proprietary trading, and derivatives businesses. It operates in segments such as the Brokerage segment, which is engaged in brokerage trading, margin trading, and securities lending business. Corporate financing segment: Engaged in providing advisory on initial public offering or to register on the emerging or listed market, securities underwriting and sales, corporate finance, mergers and acquisitions. Dealing segment: Engaged in trading securities and related listed stock instruments on a proprietary basis. Derivative instrument segment: Engaged in the investment, consultancy, and issuance of derivative instruments. Futures: Engaged in the business of domestic futures brokerage services.
76GF Score
Get the complete analysis for TPE:6005
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:6005 has been successfully added to your 
