Lai Yih Footwear Co (TPE:6890) PB Ratio: 1.78 (As of Jul. 30, 2026) — 40% Below Median

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TPE:6890 Lai Yih Footwear Co Ltd TPE:6890
21 GF Score
Price NT$176.00
! 3 Warning Signs
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What is Lai Yih Footwear Co PB Ratio?

Lai Yih Footwear Co TPE:6890 +1.73% 21 PB Ratio is 1.78 as of Jul. 30, 2026, which is 40% below its 10-year median of 2.98. GuruFocus rates TPE:6890 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, Lai Yih Footwear Co ranks worse than 68.03% 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 (2026-07-30), Lai Yih Footwear Co's share price is NT$176.00. Lai Yih Footwear Co's Book Value per Share for the quarter that ended in Mar. 2026 was NT$99.15. Hence, Lai Yih Footwear Co's PB Ratio of today is 1.78.

The historical rank and industry rank for Lai Yih Footwear Co's PB Ratio or its related term are showing as below:

TPE:6890' s PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 2.98   Max: 5.06
Current: 1.77

During the past 5 years, Lai Yih Footwear Co's highest PB Ratio was 5.06. The lowest was 1.53. And the median was 2.98.

TPE:6890's PB Ratio is ranked worse than
68.03% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.07 vs TPE:6890: 1.77

During the past 12 months, Lai Yih Footwear Co's average Book Value Per Share Growth Rate was -3.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.70% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Lai Yih Footwear Co was 12.70% per year. The lowest was 6.70% per year. And the median was 9.70% per year.

Back to Basics: PB Ratio


Lai Yih Footwear Co  (TPE:6890) 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.


Lai Yih Footwear Co PB Ratio Related Terms


Lai Yih Footwear Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Lai Yih Footwear 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.

Lai Yih Footwear Co PB Ratio Chart

Lai Yih Footwear Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00 3.89 2.59

Lai Yih Footwear Co Quarterly Data
Dec21 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 3.39 3.32 2.43 2.59 1.62

TPE:6890 vs NKE, DECK, ONON: PB Ratio Comparison

For the Footwear & Accessories subindustry, Lai Yih Footwear 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.


Lai Yih Footwear Co PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lai Yih Footwear Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lai Yih Footwear Co's PB Ratio falls into.


TPE:6890
21GF Score
Lai Yih Footwear Co Ltd TPE:6890
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lai Yih Footwear 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.

Lai Yih Footwear Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=176.00/99.149
=1.78

* 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 1.78 mean?
Lai Yih Footwear Co (TPE:6890) has a PB Ratio of 1.78 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lai Yih Footwear Co and its competitors. This is 40% below median its historical median of 2.98. Over the past decade, Lai Yih Footwear Co's PB Ratio has ranged from 1.53 to 5.06. According to the industry distribution chart, Lai Yih Footwear Co ranks #683 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 68%.
Is Lai Yih Footwear Co's PB Ratio too high?
Lai Yih Footwear Co's current PB Ratio of 1.78 is 40% below median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 5.06. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. Lai Yih Footwear Co's value of 1.78 is 66.4% above this industry median. Based on the distribution chart, Lai Yih Footwear Co ranks #683 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Lai Yih Footwear Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Lai Yih Footwear Co's PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lai Yih Footwear Co ranks #683 out of 1004 companies for PB Ratio. This places Lai Yih Footwear Co in the lower half of its industry. The industry median PB Ratio is 1.07. Lai Yih Footwear Co's value of 1.78 is 66.4% above this benchmark. Historically, Lai Yih Footwear Co's own PB Ratio has ranged from 1.53 to 5.06 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 1.07, Lai Yih Footwear 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 1.07, based on 1,004 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. Lai Yih Footwear Co's current PB Ratio of 1.78 is 66.4% 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 Lai Yih Footwear Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lai Yih Footwear Co's current PB Ratio is 1.78, which is 40% below median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lai Yih Footwear Co stock overvalued right now?
Lai Yih Footwear Co (TPE:6890) has a current PB Ratio of 1.78. The current PB Ratio is 1.78, which is 40% below median its 10-year median of 2.98 and 66.4% above the Manufacturing - Apparel & Accessories industry median of 1.07. Lai Yih Footwear Co's overall GF Score™ is 21/100 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 Lai Yih Footwear Co (TPE:6890), the current PB Ratio is 1.78 as of Jul. 30, 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.

Lai Yih Footwear Co Business Description

Address No. 13, Lane 370, Section 4, Yatan Road, Daya district, Taichung, TWN
Lai Yih Footwear Co Ltd specializes in producing various high-end casual shoes, sports shoes, other special function shoes, and other footwear products. It cooperates with many familiar international brands such as Adidas, Converse, Vans, The North Face, and Hoka. The company generates a majority of its revenue from the United States and the rest from China, Germany, Belgium, Indonesia, and other regions.
21GF Score

Get the complete analysis for TPE:6890

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

NT$176.00
Price