Waffer Technology (TPE:6235) PB Ratio: 1.60 (As of Jul. 22, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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TPE:6235 Waffer Technology Corp TPE:6235
79 GF Score
Price NT$39.95
GF Value NT$85.82
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Waffer Technology PB Ratio?

Waffer Technology TPE:6235 79 PB Ratio is 1.60 as of Jul. 22, 2026, which is 5% below its 10-year median of 1.68. GuruFocus rates TPE:6235 with a GF Score™ of 79/100 and a GF Value™ of NT$85.82 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,980 Industrial Products companies, Waffer Technology ranks better than 62.01% 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 (2026-07-22), Waffer Technology's share price is NT$39.95. Waffer Technology's Book Value per Share for the quarter that ended in Dec. 2025 was NT$24.97. Hence, Waffer Technology's PB Ratio of today is 1.60.

Good Sign:

Waffer Technology Corp stock PB Ratio (=1.59) is close to 3-year low of 1.58.

The historical rank and industry rank for Waffer Technology's PB Ratio or its related term are showing as below:

TPE:6235' s PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.68   Max: 9.48
Current: 1.6

During the past 13 years, Waffer Technology's highest PB Ratio was 9.48. The lowest was 0.73. And the median was 1.68.

TPE:6235's PB Ratio is ranked better than
62.01% of 2980 companies
in the Industrial Products industry
Industry Median: 2.1 vs TPE:6235: 1.60

During the past 12 months, Waffer Technology's average Book Value Per Share Growth Rate was 4.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Waffer Technology was 20.30% per year. The lowest was -12.10% per year. And the median was 7.70% per year.

Back to Basics: PB Ratio


Waffer Technology  (TPE:6235) 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.


Waffer Technology PB Ratio Related Terms


Waffer Technology PB Ratio Historical Data

* Premium members only.

The historical data trend for Waffer 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.

Waffer Technology PB Ratio Chart

Waffer Technology 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 2.70 2.02 5.58 2.88 2.50

Waffer Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.88 2.06 2.31 2.73 2.50

TPE:6235 vs CRS, ATI, MLI: PB Ratio Comparison

For the Metal Fabrication subindustry, Waffer 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.


Waffer Technology PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Waffer Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where Waffer Technology's PB Ratio falls into.


TPE:6235
79GF Score
Waffer Technology Corp TPE:6235
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waffer Technology 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.

Waffer Technology's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=39.95/24.967
=1.60

* 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 1.60 mean?
Waffer Technology (TPE:6235) has a PB Ratio of 1.60 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Waffer Technology and its competitors. This is near median its historical median of 1.68. Over the past decade, Waffer Technology's PB Ratio has ranged from 0.73 to 9.48. According to the industry distribution chart, Waffer Technology ranks #1132 out of 2980 companies in the Industrial Products industry, placing it in the top 38%.
Is Waffer Technology's PB Ratio too high?
Waffer Technology's current PB Ratio of 1.60 is near median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 9.48. The Industrial Products industry median PB Ratio is 2.10. Waffer Technology's value of 1.60 is 23.8% below this industry median. Based on the distribution chart, Waffer Technology ranks #1132 out of 2980 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Waffer Technology has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waffer Technology's PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Waffer Technology ranks #1132 out of 2980 companies for PB Ratio. This puts Waffer Technology in the upper half of its industry. The industry median PB Ratio is 2.10. Waffer Technology's value of 1.60 is 23.8% below this benchmark. Historically, Waffer Technology's own PB Ratio has ranged from 0.73 to 9.48 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 2.10, Waffer 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.10, based on 2,980 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. Waffer Technology's current PB Ratio of 1.60 is 23.8% 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 Waffer Technology and its competitors. For the Industrial Products industry, the median PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waffer Technology's current PB Ratio is 1.60, which is near median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waffer Technology stock overvalued right now?
Based on GuruFocus' analysis, Waffer Technology (TPE:6235) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$85.82, compared to a current price of NT$39.95 — trading 53.4% below its estimated fair value. The current PB Ratio is 1.60, which is near median its 10-year median of 1.68 and 23.8% below the Industrial Products industry median of 2.10. Waffer Technology's overall GF Score™ is 79/100 with 3 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 Waffer Technology (TPE:6235), the current PB Ratio is 1.60 as of Jul. 22, 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 Waffer Technology (TPE:6235) Overvalued in 2026?

Based on GuruFocus' analysis, Waffer Technology stock appears to be undervalued. The current stock price of NT$39.95 is trading 53.4% below its estimated GF Value™ of NT$85.82. GuruFocus considers Waffer Technology to be Significantly Undervalued.

Key valuation signals for TPE:6235:

  • PB Ratio: 1.60 (near median its 10-year median of 1.68)
  • GF Value™: NT$85.82 vs. price of NT$39.95 (53.4% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 23.8% below the Industrial Products median (#1132 of 2980)

No single metric tells the full story. See the TPE:6235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waffer Technology Business Description

Address No. 209, Nangang Road, 6th floor, Section 1, Building A, Nangang District, Taipei, TWN, 115
Waffer Technology Corp is a Taiwan-based company that engages in the manufacture and sale of magnesium alloy and aluminum alloy die-casting components and products. It is engaged in the provision of a light-metal solution of magnesium and aluminum alloy, mold and tooling research and development, magnesium alloy injection, magnesium die-casting, CNC, and painting and assembly of vertical integration OEM/ODM processing. The company's segment includes Magnesium Aluminum Alloy, and Plastic. The company generates the majority of its revenue from Magnesium Aluminum Alloy, which is engaged in the production and sale of magnesium aluminum alloy molded products.
79GF Score

Get the complete analysis for TPE:6235

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

NT$39.95
Price
NT$85.82
GF Value