Aero Win Technology (TPE:8222) PB Ratio: 3.04 (As of Jul. 23, 2026) — 73% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:8222 Aero Win Technology Corp TPE:8222
82 GF Score
Price NT$39.90
GF Value NT$65.40
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Aero Win Technology PB Ratio?

Aero Win Technology TPE:8222 -3.97% 82 PB Ratio is 3.04 as of Jul. 23, 2026, which is 73% above its 10-year median of 1.76. GuruFocus rates TPE:8222 with a GF Score™ of 82/100 and a GF Value™ of NT$65.40 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 342 Aerospace & Defense companies, Aero Win Technology ranks better than 57.31% 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 (2026-07-23), Aero Win Technology's share price is NT$39.90. Aero Win Technology's Book Value per Share for the quarter that ended in Dec. 2025 was NT$13.14. Hence, Aero Win Technology's PB Ratio of today is 3.04.

Good Sign:

Aero Win Technology Corp stock PB Ratio (=2.84) is close to 3-year low of 2.6.

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

TPE:8222' s PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.76   Max: 5.67
Current: 3.04

During the past 13 years, Aero Win Technology's highest PB Ratio was 5.67. The lowest was 0.80. And the median was 1.76.

TPE:8222's PB Ratio is ranked better than
57.31% of 342 companies
in the Aerospace & Defense industry
Industry Median: 3.49 vs TPE:8222: 3.04

During the past 12 months, Aero Win Technology's average Book Value Per Share Growth Rate was -1.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aero Win Technology was 6.70% per year. The lowest was -6.30% per year. And the median was 0.50% per year.

Back to Basics: PB Ratio


Aero Win Technology  (TPE:8222) 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.


Aero Win Technology PB Ratio Related Terms


Aero Win Technology PB Ratio Historical Data

* Premium members only.

The historical data trend for Aero Win 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.

Aero Win Technology PB Ratio Chart

Aero Win 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 1.35 2.31 3.90 3.00 3.08

Aero Win 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 3.00 3.59 4.06 3.80 3.08

TPE:8222 vs SPCX, GE, RTX: PB Ratio Comparison

For the Aerospace & Defense subindustry, Aero Win 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.


Aero Win Technology PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aero Win Technology's PB Ratio distribution charts can be found below:

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


TPE:8222
82GF Score
Aero Win Technology Corp TPE:8222
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aero Win 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=39.90/13.138
=3.04

* 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 3.04 mean?
Aero Win Technology (TPE:8222) has a PB Ratio of 3.04 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aero Win Technology and its competitors. This is 73% above median its historical median of 1.76. Over the past decade, Aero Win Technology's PB Ratio has ranged from 0.80 to 5.67. According to the industry distribution chart, Aero Win Technology ranks #146 out of 342 companies in the Aerospace & Defense industry, placing it in the top 42.7%.
Is Aero Win Technology's PB Ratio too high?
Aero Win Technology's current PB Ratio of 3.04 is 73% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 5.67. The Aerospace & Defense industry median PB Ratio is 3.49. Aero Win Technology's value of 3.04 is 12.9% below this industry median. Based on the distribution chart, Aero Win Technology ranks #146 out of 342 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Aero Win Technology has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aero Win Technology's PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Aero Win Technology ranks #146 out of 342 companies for PB Ratio. This puts Aero Win Technology in the upper half of its industry. The industry median PB Ratio is 3.49. Aero Win Technology's value of 3.04 is 12.9% below this benchmark. Historically, Aero Win Technology's own PB Ratio has ranged from 0.80 to 5.67 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 3.49, Aero Win 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 Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.49, based on 342 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. Aero Win Technology's current PB Ratio of 3.04 is 12.9% 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 Aero Win Technology and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aero Win Technology's current PB Ratio is 3.04, which is 73% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aero Win Technology stock overvalued right now?
Based on GuruFocus' analysis, Aero Win Technology (TPE:8222) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$65.40, compared to a current price of NT$39.90 — trading 39% below its estimated fair value. The current PB Ratio is 3.04, which is 73% above median its 10-year median of 1.76 and 12.9% below the Aerospace & Defense industry median of 3.49. Aero Win Technology's overall GF Score™ is 82/100 with 5 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 Aero Win Technology (TPE:8222), the current PB Ratio is 3.04 as of Jul. 23, 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 Aero Win Technology (TPE:8222) Overvalued in 2026?

Based on GuruFocus' analysis, Aero Win Technology stock appears to be undervalued. The current stock price of NT$39.90 is trading 39% below its estimated GF Value™ of NT$65.40. GuruFocus considers Aero Win Technology to be Significantly Undervalued.

Key valuation signals for TPE:8222:

  • PB Ratio: 3.04 (73% above median its 10-year median of 1.76)
  • GF Value™: NT$65.40 vs. price of NT$39.90 (39% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 12.9% below the Aerospace & Defense median (#146 of 342)

No single metric tells the full story. See the TPE:8222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aero Win Technology Business Description

Address Number 1, Lane 13, Xingong Road, Xinying District, Tainan, TWN, 730
Aero Win Technology Corp mainly engaged in the manufacturing, repairing, and trading of various types of aviation and engine accessories and hardware tools, as well as the trading of various types of aviation alloy material and hardware. Additionally, the Company acts as an agent for domestic and foreign manufacturers in distribution, bidding, quoting, and various import and export trade activities. The company has single operating segment. The Company has no foreign operation. Its products are Oil Collecto; Plenum, Inlet Air; Rear Flange; Front Flange; Oil Cover Inlet; SAGB Casing; Bearing Support; Cooling Insert of vane; Brackets; Combustion Liner; Combustion Chamber Liner; Inner and Outer Rings for Stators; Flanges for Stator; Ring Assembly, Curvic; Inlet Housing; and Case, Diffuser.
82GF Score

Get the complete analysis for TPE:8222

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

NT$39.90
Price
NT$65.40
GF Value