Chunghwa Telecom CoBSP:C1HT34 +0.71%21 PB Ratio is 2.79 as of Jun. 26, 2026, which is 17% above its 10-year median of 2.38. GuruFocus rates BSP:C1HT34 with a GF Score™ of 21/100 and a GF Value™ of R$54.90 (Fairly Valued). The stock has 6 warning signs investors should review. Among 342 Telecommunication Services companies, Chunghwa Telecom Co ranks worse than 67.84% on this metric.
Chunghwa Telecom Co Ltd stock PB Ratio (=2.82) is close to 10-year high of 2.88.
The historical rank and industry rank for Chunghwa Telecom Co's PB Ratio or its related term are showing as below:
BSP:C1HT34'
s PB Ratio Range Over the Past 10 Years
Min: 2.11 Med: 2.38 Max: 2.88
Current: 2.82
During the past 13 years, Chunghwa Telecom Co's highest PB Ratio was 2.88. The lowest was 2.11. And the median was 2.38.
BSP:C1HT34's PB Ratio is ranked worse than 67.84% of 342
companies
in the Telecommunication Services industry
Industry Median: 1.88
vs BSP:C1HT34: 2.82
During the past 12 months, Chunghwa Telecom Co's average Book Value Per Share Growth Rate was 0.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.40% 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 Chunghwa Telecom Co was 23.50% per year. The lowest was -7.70% per year. And the median was 0.70% per year.
Back to Basics: PB Ratio
Chunghwa Telecom Co (BSP:C1HT34) 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.
Chunghwa Telecom Co PB Ratio Related Terms
Chunghwa Telecom Co PB Ratio Historical Data
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The historical data trend for Chunghwa Telecom 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.
For the Telecom Services subindustry, Chunghwa Telecom 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.
Chunghwa Telecom Co PB Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Chunghwa Telecom Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chunghwa Telecom Co'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.
* 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.
Chunghwa Telecom Co (BSP:C1HT34) has a PB Ratio of 2.79 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chunghwa Telecom Co and its competitors. This is 17% above median its historical median of 2.38. Over the past decade, Chunghwa Telecom Co's PB Ratio has ranged from 2.11 to 2.88. According to the industry distribution chart, Chunghwa Telecom Co ranks #232 out of 342 companies in the Telecommunication Services industry, placing it in the top 67.8%.
Is Chunghwa Telecom Co's PB Ratio too high?
Chunghwa Telecom Co's current PB Ratio of 2.79 is 17% above median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 2.88. The Telecommunication Services industry median PB Ratio is 1.88. Chunghwa Telecom Co's value of 2.79 is 48.4% above this industry median. Based on the distribution chart, Chunghwa Telecom Co ranks #232 out of 342 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Chunghwa Telecom Co has a GF Score™ of 21/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chunghwa Telecom Co's PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Chunghwa Telecom Co ranks #232 out of 342 companies for PB Ratio. This places Chunghwa Telecom Co in the lower half of its industry. The industry median PB Ratio is 1.88. Chunghwa Telecom Co's value of 2.79 is 48.4% above this benchmark. Historically, Chunghwa Telecom Co's own PB Ratio has ranged from 2.11 to 2.88 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 1.88, Chunghwa Telecom 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 Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.88, 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. Chunghwa Telecom Co's current PB Ratio of 2.79 is 48.4% 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 Chunghwa Telecom Co and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chunghwa Telecom Co's current PB Ratio is 2.79, which is 17% above median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chunghwa Telecom Co stock overvalued right now?
Based on GuruFocus' analysis, Chunghwa Telecom Co (BSP:C1HT34) is currently considered Fairly Valued. The stock's GF Value™ is R$54.90, compared to a current price of R$58.56 — trading 6.7% above its estimated fair value. The current PB Ratio is 2.79, which is 17% above median its 10-year median of 2.38 and 48.4% above the Telecommunication Services industry median of 1.88. Chunghwa Telecom Co's overall GF Score™ is 21/100 with 6 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 Chunghwa Telecom Co (BSP:C1HT34), the current PB Ratio is 2.79 as of Jun. 26, 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 Chunghwa Telecom Co (BSP:C1HT34) Overvalued in 2026?
Based on GuruFocus' analysis, Chunghwa Telecom Co stock appears to be overvalued.
The current stock price of R$58.56 is trading 6.7% above its estimated GF Value™ of R$54.90.
GuruFocus considers Chunghwa Telecom Co to be Fairly Valued.
Key valuation signals for BSP:C1HT34:
PB Ratio: 2.79 (17% above median its 10-year median of 2.38)
GF Value™: R$54.90 vs. price of R$58.56 (6.7% above fair value)
Industry Position: 48.4% above the Telecommunication Services median (#232 of 342)
No single metric tells the full story. See the BSP:C1HT34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chunghwa Telecom Co Ltd is Taiwan's integrated telecom operator, providing fixed-line, wireless, and Internet and data services. The company's reportable segments are: Consumer Business, Enterprise Business, International Business, and Others. The majority of its revenue comes from the Consumer Business, which focuses on individual and home-centric businesses, such as mobile, fixed broadband, Wi-Fi, IPTV (MOD), and OTT services. The Enterprise business offers IDC, cloud, cybersecurity, 5G, AIoT, data, AI, enterprise digital transformation, and system integration services to businesses, and the International business segment represents services offered to international customers. Geographically, the company generates maximum revenue from its business in Taiwan.
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