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Hsin BA BaTPE:9906 +0.50%62 PB Ratio is 2.71 as of Jul. 14, 2026, which is 9% below its 10-year median of 2.98. GuruFocus rates TPE:9906 with a GF Score™ of 62/100 and a GF Value™ of NT$23.14 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,719 Construction companies, Hsin BA Ba ranks worse than 73.88% 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 (2026-07-14), Hsin BA Ba's share price is NT$40.30. Hsin BA Ba's Book Value per Share for the quarter that ended in Dec. 2025 was NT$14.90. Hence, Hsin BA Ba's PB Ratio of today is 2.71.
The historical rank and industry rank for Hsin BA Ba's PB Ratio or its related term are showing as below:
TPE:9906'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 2.98 Max: 17.12
Current: 2.7
During the past 13 years, Hsin BA Ba's highest PB Ratio was 17.12. The lowest was 0.77. And the median was 2.98.
TPE:9906's PB Ratio is ranked worse than 73.88% of 1719
companies
in the Construction industry
Industry Median: 1.32
vs TPE:9906: 2.70
During the past 12 months, Hsin BA Ba's average Book Value Per Share Growth Rate was -29.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hsin BA Ba was 72.20% per year. The lowest was -20.70% per year. And the median was 4.05% per year.
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.
Hsin BA Ba PB Ratio Related Terms
Hsin BA Ba PB Ratio Historical Data
* Premium members only.
The historical data trend for Hsin BA Ba'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.
For the Engineering & Construction subindustry, Hsin BA Ba'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.
Hsin BA Ba PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Hsin BA Ba's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hsin BA Ba's PB Ratio falls into.
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.
Hsin BA Ba's PB Ratio for today is calculated as follows:
* 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.
Hsin BA Ba (TPE:9906) has a PB Ratio of 2.71 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hsin BA Ba and its competitors. This is near median its historical median of 2.98. Over the past decade, Hsin BA Ba's PB Ratio has ranged from 0.77 to 17.12. According to the industry distribution chart, Hsin BA Ba ranks #1270 out of 1719 companies in the Construction industry, placing it in the top 73.9%.
Is Hsin BA Ba's PB Ratio too high?
Hsin BA Ba's current PB Ratio of 2.71 is near median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 17.12. The Construction industry median PB Ratio is 1.32. Hsin BA Ba's value of 2.71 is 105.3% above this industry median. Based on the distribution chart, Hsin BA Ba ranks #1270 out of 1719 companies in the Construction industry, which is below the industry midpoint. Overall, Hsin BA Ba has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hsin BA Ba's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Hsin BA Ba ranks #1270 out of 1719 companies for PB Ratio. This places Hsin BA Ba in the lower half of its industry. The industry median PB Ratio is 1.32. Hsin BA Ba's value of 2.71 is 105.3% above this benchmark. Historically, Hsin BA Ba's own PB Ratio has ranged from 0.77 to 17.12 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 1.32, Hsin BA Ba 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,719 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. Hsin BA Ba's current PB Ratio of 2.71 is 105.3% 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 Hsin BA Ba and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin BA Ba's current PB Ratio is 2.71, which is near 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 Hsin BA Ba stock overvalued right now?
Based on GuruFocus' analysis, Hsin BA Ba (TPE:9906) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$23.14, compared to a current price of NT$40.30 — trading 74.2% above its estimated fair value. The current PB Ratio is 2.71, which is near median its 10-year median of 2.98 and 105.3% above the Construction industry median of 1.32. Hsin BA Ba's overall GF Score™ is 62/100 with 8 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 Hsin BA Ba (TPE:9906), the current PB Ratio is 2.71 as of Jul. 14, 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 Hsin BA Ba (TPE:9906) Overvalued in 2026?
Based on GuruFocus' analysis, Hsin BA Ba stock appears to be overvalued.
The current stock price of NT$40.30 is trading 74.2% above its estimated GF Value™ of NT$23.14.
GuruFocus considers Hsin BA Ba to be Significantly Overvalued.
Key valuation signals for TPE:9906:
PB Ratio: 2.71 (near median its 10-year median of 2.98)
GF Value™: NT$23.14 vs. price of NT$40.30 (74.2% above fair value)
Industry Position: 105.3% above the Construction median (#1270 of 1719)
No single metric tells the full story. See the TPE:9906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsin BA Ba Corp is engaged in designing, planning, and selling commercial and residential buildings. It also provides interior designing services and construction contracting services.
62GF Score
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