Holiday Entertainment Co (TPE:9943) PB Ratio: 1.68 (As of Jul. 17, 2026) — 26% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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:9943 Holiday Entertainment Co Ltd TPE:9943
87 GF Score
Price NT$52.80
GF Value NT$86.14
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Holiday Entertainment Co PB Ratio?

Holiday Entertainment Co TPE:9943 -0.56% 87 PB Ratio is 1.68 as of Jul. 17, 2026, which is 26% below its 10-year median of 2.27. GuruFocus rates TPE:9943 with a GF Score™ of 87/100 and a GF Value™ of NT$86.14 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 792 Travel & Leisure companies, Holiday Entertainment Co ranks worse than 54.92% 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 (2026-07-17), Holiday Entertainment Co's share price is NT$52.80. Holiday Entertainment Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$31.39. Hence, Holiday Entertainment Co's PB Ratio of today is 1.68.

Good Sign:

Holiday Entertainment Co Ltd stock PB Ratio (=1.7) is close to 10-year low of 1.7.

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

TPE:9943' s PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 2.27   Max: 3.69
Current: 1.68

During the past 13 years, Holiday Entertainment Co's highest PB Ratio was 3.69. The lowest was 1.68. And the median was 2.27.

TPE:9943's PB Ratio is ranked worse than
54.92% of 792 companies
in the Travel & Leisure industry
Industry Median: 1.485 vs TPE:9943: 1.68

During the past 12 months, Holiday Entertainment Co's average Book Value Per Share Growth Rate was -3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Holiday Entertainment Co was 5.90% per year. The lowest was -5.10% per year. And the median was 3.50% per year.

Back to Basics: PB Ratio


Holiday Entertainment Co  (TPE:9943) 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.


Holiday Entertainment Co PB Ratio Related Terms


Holiday Entertainment Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Holiday Entertainment 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.

Holiday Entertainment Co PB Ratio Chart

Holiday Entertainment Co 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 2.53 2.11 2.79 2.42 1.93

Holiday Entertainment Co 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 2.42 2.70 2.69 2.21 1.93

TPE:9943 vs AS, HAS, LTH: PB Ratio Comparison

For the Leisure subindustry, Holiday Entertainment 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.


Holiday Entertainment Co PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Holiday Entertainment Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Holiday Entertainment Co's PB Ratio falls into.


TPE:9943
87GF Score
Holiday Entertainment Co Ltd TPE:9943
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Holiday Entertainment 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.

Holiday Entertainment Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=52.80/31.386
=1.68

* 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 1.68 mean?
Holiday Entertainment Co (TPE:9943) has a PB Ratio of 1.68 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 Holiday Entertainment Co and its competitors. This is 26% below median its historical median of 2.27. Over the past decade, Holiday Entertainment Co's PB Ratio has ranged from 1.68 to 3.69. According to the industry distribution chart, Holiday Entertainment Co ranks #435 out of 792 companies in the Travel & Leisure industry, placing it in the top 54.9%.
Is Holiday Entertainment Co's PB Ratio too high?
Holiday Entertainment Co's current PB Ratio of 1.68 is 26% below median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 3.69. The Travel & Leisure industry median PB Ratio is 1.49. Holiday Entertainment Co's value of 1.68 is 13.1% above this industry median. Based on the distribution chart, Holiday Entertainment Co ranks #435 out of 792 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Holiday Entertainment Co has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Holiday Entertainment Co's PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Holiday Entertainment Co ranks #435 out of 792 companies for PB Ratio. This places Holiday Entertainment Co in the lower half of its industry. The industry median PB Ratio is 1.49. Holiday Entertainment Co's value of 1.68 is 13.1% above this benchmark. Historically, Holiday Entertainment Co's own PB Ratio has ranged from 1.68 to 3.69 over the past decade. While the company's 10-year median is 2.27 vs. the industry median of 1.49, Holiday Entertainment 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 Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 792 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. Holiday Entertainment Co's current PB Ratio of 1.68 is 13.1% 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 Holiday Entertainment Co and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holiday Entertainment Co's current PB Ratio is 1.68, which is 26% below median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holiday Entertainment Co stock overvalued right now?
Based on GuruFocus' analysis, Holiday Entertainment Co (TPE:9943) is currently considered Possible Value Trap. The stock's GF Value™ is NT$86.14, compared to a current price of NT$52.80 — trading 38.7% below its estimated fair value. The current PB Ratio is 1.68, which is 26% below median its 10-year median of 2.27 and 13.1% above the Travel & Leisure industry median of 1.49. Holiday Entertainment Co's overall GF Score™ is 87/100 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 Holiday Entertainment Co (TPE:9943), the current PB Ratio is 1.68 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 Holiday Entertainment Co (TPE:9943) Overvalued in 2026?

Based on GuruFocus' analysis, Holiday Entertainment Co stock appears to be undervalued. The current stock price of NT$52.80 is trading 38.7% below its estimated GF Value™ of NT$86.14. GuruFocus considers Holiday Entertainment Co to be Possible Value Trap.

Key valuation signals for TPE:9943:

  • PB Ratio: 1.68 (26% below median its 10-year median of 2.27)
  • GF Value™: NT$86.14 vs. price of NT$52.80 (38.7% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 13.1% above the Travel & Leisure median (#435 of 792)

No single metric tells the full story. See the TPE:9943 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Holiday Entertainment Co Business Description

Address Section 5, Zhongxiao East Road, 4th Floor, No. 293, Xinyi District, Taipei, TWN, 293
Holiday Entertainment Co Ltd is mainly engaged in providing audio-visual and singing equipment, along with operating audiovisual and karaoke facilities and related restaurants. The company is involved in the trading of audio-visual equipment and supplies, as well as publishing audio tapes and records, and conducting performing arts activities. In addition, it undertakes advertising operations. The business operates through two reportable segments: Audiovisual and Singing Equipment, and Copy and Royalty Business, with the majority of its revenue generated from the Audiovisual and Singing Equipment segment.
87GF Score

Get the complete analysis for TPE:9943

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

NT$52.80
Price
NT$86.14
GF Value