Sun Max Tech (TPE:6591) PB Ratio: 0.87 (As of Jul. 13, 2026) — 29% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:6591 Sun Max Tech Ltd TPE:6591
82 GF Score
Price NT$47.75
GF Value NT$63.29
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Sun Max Tech PB Ratio?

Sun Max Tech TPE:6591 -3.34% 82 PB Ratio is 0.87 as of Jul. 13, 2026, which is 29% below its 10-year median of 1.23. GuruFocus rates TPE:6591 with a GF Score™ of 82/100 and a GF Value™ of NT$63.29 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,421 Hardware companies, Sun Max Tech ranks better than 81.41% 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 (2026-07-13), Sun Max Tech's share price is NT$47.75. Sun Max Tech's Book Value per Share for the quarter that ended in Dec. 2025 was NT$54.58. Hence, Sun Max Tech's PB Ratio of today is 0.87.

Good Sign:

Sun Max Tech Ltd stock PB Ratio (=0.91) is close to 3-year low of 0.87.

The historical rank and industry rank for Sun Max Tech's PB Ratio or its related term are showing as below:

TPE:6591' s PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.23   Max: 4.04
Current: 0.88

During the past 13 years, Sun Max Tech's highest PB Ratio was 4.04. The lowest was 0.75. And the median was 1.23.

TPE:6591's PB Ratio is ranked better than
81.41% of 2421 companies
in the Hardware industry
Industry Median: 2.31 vs TPE:6591: 0.88

During the past 12 months, Sun Max Tech's average Book Value Per Share Growth Rate was 8.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% 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 3.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sun Max Tech was 12.50% per year. The lowest was -18.00% per year. And the median was 4.80% per year.

Back to Basics: PB Ratio


Sun Max Tech  (TPE:6591) 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.


Sun Max Tech PB Ratio Related Terms


Sun Max Tech PB Ratio Historical Data

* Premium members only.

The historical data trend for Sun Max Tech'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.

Sun Max Tech PB Ratio Chart

Sun Max Tech 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 1.24 0.83 1.01 1.04 1.38

Sun Max Tech 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 1.04 0.97 1.43 1.58 1.38

TPE:6591 vs SNDK, DELL, STX: PB Ratio Comparison

For the Computer Hardware subindustry, Sun Max Tech'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.


Sun Max Tech PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Sun Max Tech's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sun Max Tech's PB Ratio falls into.


TPE:6591
82GF Score
Sun Max Tech Ltd TPE:6591
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Max Tech 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.

Sun Max Tech's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=47.75/54.578
=0.87

* 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 0.87 mean?
Sun Max Tech (TPE:6591) has a PB Ratio of 0.87 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sun Max Tech and its competitors. This is 29% below median its historical median of 1.23. Over the past decade, Sun Max Tech's PB Ratio has ranged from 0.75 to 4.04. According to the industry distribution chart, Sun Max Tech ranks #450 out of 2421 companies in the Hardware industry, placing it in the top 18.6%.
Is Sun Max Tech's PB Ratio too high?
Sun Max Tech's current PB Ratio of 0.87 is 29% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 4.04. The Hardware industry median PB Ratio is 2.31. Sun Max Tech's value of 0.87 is 62.3% below this industry median. Based on the distribution chart, Sun Max Tech ranks #450 out of 2421 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Sun Max Tech has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sun Max Tech's PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Sun Max Tech ranks #450 out of 2421 companies for PB Ratio. This places Sun Max Tech in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.31. Sun Max Tech's value of 0.87 is 62.3% below this benchmark. Historically, Sun Max Tech's own PB Ratio has ranged from 0.75 to 4.04 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 2.31, Sun Max Tech 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 Hardware company?
The median PB Ratio among Hardware companies is 2.31, based on 2,421 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. Sun Max Tech's current PB Ratio of 0.87 is 62.3% 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 Sun Max Tech and its competitors. For the Hardware industry, the median PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Max Tech's current PB Ratio is 0.87, which is 29% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Max Tech stock overvalued right now?
Based on GuruFocus' analysis, Sun Max Tech (TPE:6591) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$63.29, compared to a current price of NT$47.75 — trading 24.6% below its estimated fair value. The current PB Ratio is 0.87, which is 29% below median its 10-year median of 1.23 and 62.3% below the Hardware industry median of 2.31. Sun Max Tech's overall GF Score™ is 82/100 with 7 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 Sun Max Tech (TPE:6591), the current PB Ratio is 0.87 as of Jul. 13, 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 Sun Max Tech (TPE:6591) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Max Tech stock appears to be undervalued. The current stock price of NT$47.75 is trading 24.6% below its estimated GF Value™ of NT$63.29. GuruFocus considers Sun Max Tech to be Modestly Undervalued.

Key valuation signals for TPE:6591:

  • PB Ratio: 0.87 (29% below median its 10-year median of 1.23)
  • GF Value™: NT$63.29 vs. price of NT$47.75 (24.6% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 62.3% below the Hardware median (#450 of 2421)

No single metric tells the full story. See the TPE:6591 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Max Tech Business Description

Address Jian 1st Road, 9th Floor & 9th Floor-1, No. 166, Zhonghe District, New Taipei, TWN, 23511
Sun Max Tech Ltd is engaged in the research and development, production, and sales of DC brushless cooling fans, liquid cooling pumps, and other computer-related accessories in Taiwan. Its products are mainly used for personal computers (PC), communications networks, and Industrial control. The company generates maximum revenue from a Cooling fan. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and other countries.
82GF Score

Get the complete analysis for TPE:6591

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

NT$47.75
Price
NT$63.29
GF Value