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Chung Tai Resource Technology Corp stock PB Ratio (=2.66) is close to 1-year low of 2.56.
The historical rank and industry rank for Chung Tai Resource Technology's PB Ratio or its related term are showing as below:
TPE:6923'
s PB Ratio Range Over the Past 10 Years
Min: 2.32 Med: 3.52 Max: 5.76
Current: 2.79
During the past 7 years, Chung Tai Resource Technology's highest PB Ratio was 5.76. The lowest was 2.32. And the median was 3.52.
TPE:6923's PB Ratio is ranked worse than 75.22% of 226
companies
in the Waste Management industry
Industry Median: 1.575
vs TPE:6923: 2.79
During the past 12 months, Chung Tai Resource Technology's average Book Value Per Share Growth Rate was -4.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.80% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Chung Tai Resource Technology was 17.70% per year. The lowest was 4.80% per year. And the median was 11.45% per year.
Back to Basics: PB Ratio
Chung Tai Resource Technology (TPE:6923) 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.
Chung Tai Resource Technology PB Ratio Related Terms
Chung Tai Resource Technology PB Ratio Historical Data
* 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 Waste Management subindustry, Chung Tai Resource 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.
Chung Tai Resource Technology PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Chung Tai Resource Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chung Tai Resource Technology's PB Ratio falls into.
Chung Tai Resource 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.
* 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.
Chung Tai Resource Technology (TPE:6923) has a PB Ratio of 2.78 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chung Tai Resource Technology and its competitors. This is 21% below median its historical median of 3.52. Over the past decade, Chung Tai Resource Technology's PB Ratio has ranged from 2.32 to 5.76. According to the industry distribution chart, Chung Tai Resource Technology ranks #170 out of 226 companies in the Waste Management industry, placing it in the top 75.2%.
Is Chung Tai Resource Technology's PB Ratio too high?
Chung Tai Resource Technology's current PB Ratio of 2.78 is 21% below median its 10-year median of 3.52. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 5.76. The Waste Management industry median PB Ratio is 1.58. Chung Tai Resource Technology's value of 2.78 is 76.5% above this industry median. Based on the distribution chart, Chung Tai Resource Technology ranks #170 out of 226 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Chung Tai Resource Technology has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chung Tai Resource Technology's PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Chung Tai Resource Technology ranks #170 out of 226 companies for PB Ratio. This places Chung Tai Resource Technology in the lower half of its industry. The industry median PB Ratio is 1.58. Chung Tai Resource Technology's value of 2.78 is 76.5% above this benchmark. Historically, Chung Tai Resource Technology's own PB Ratio has ranged from 2.32 to 5.76 over the past decade. While the company's 10-year median is 3.52 vs. the industry median of 1.58, Chung Tai Resource Technology 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 Waste Management company?
The median PB Ratio among Waste Management companies is 1.58, based on 226 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. Chung Tai Resource Technology's current PB Ratio of 2.78 is 76.5% 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 Chung Tai Resource Technology and its competitors. For the Waste Management industry, the median PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chung Tai Resource Technology's current PB Ratio is 2.78, which is 21% below median its own 10-year median of 3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Tai Resource Technology stock overvalued right now?
Based on GuruFocus' analysis, Chung Tai Resource Technology (TPE:6923) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$89.67, compared to a current price of NT$78.90 — trading 12% below its estimated fair value. The current PB Ratio is 2.78, which is 21% below median its 10-year median of 3.52 and 76.5% above the Waste Management industry median of 1.58. Chung Tai Resource Technology's overall GF Score™ is 70/100 with 4 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 Chung Tai Resource Technology (TPE:6923), the current PB Ratio is 2.78 as of Jul. 17, 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 Chung Tai Resource Technology (TPE:6923) Overvalued in 2026?
Based on GuruFocus' analysis, Chung Tai Resource Technology stock appears to be undervalued.
The current stock price of NT$78.90 is trading 12% below its estimated GF Value™ of NT$89.67.
GuruFocus considers Chung Tai Resource Technology to be Modestly Undervalued.
Key valuation signals for TPE:6923:
PB Ratio: 2.78 (21% below median its 10-year median of 3.52)
GF Value™: NT$89.67 vs. price of NT$78.90 (12% below fair value)
Industry Position: 76.5% above the Waste Management median (#170 of 226)
No single metric tells the full story. See the TPE:6923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chung Tai Resource Technology Business Description
Chung Tai Resource Technology Corp is mainly engaged in waste disposal and treatment, recycling of waste lighting sources, and recycling of waste printed circuit boards. The company operates in two segments: Waste Disposal Treatments and Circular Economy, and Environmental Construction Services. A majority of its revenue is generated from the Waste Disposal Treatments and Circular Economy segment, which engages in waste disposal and treatment services, recycling of waste lighting sources, recycling of waste printed circuit boards, and electricity generation by waste heat. The Environmental Construction Services segment engages in soil and groundwater pollution remediation services. Geographically, it derives maximum revenue from Taiwan and the rest from Japan.
70GF Score
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