Lien Hwa Industrial Holding Corp stock PB Ratio (=1.31) is close to 5-year low of 1.19.
The historical rank and industry rank for Lien Hwa Industrial Holding's PB Ratio or its related term are showing as below:
TPE:1229'
s PB Ratio Range Over the Past 10 Years
Min: 0.85 Med: 1.62 Max: 2.62
Current: 1.25
During the past 13 years, Lien Hwa Industrial Holding's highest PB Ratio was 2.62. The lowest was 0.85. And the median was 1.62.
TPE:1229's PB Ratio is ranked worse than 61.54% of 546
companies
in the Conglomerates industry
Industry Median: 1.06
vs TPE:1229: 1.25
During the past 12 months, Lien Hwa Industrial Holding's average Book Value Per Share Growth Rate was 9.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lien Hwa Industrial Holding was 17.40% per year. The lowest was -1.60% per year. And the median was 7.10% per year.
Back to Basics: PB Ratio
Lien Hwa Industrial Holding (TPE:1229) 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.
Lien Hwa Industrial Holding PB Ratio Related Terms
Lien Hwa Industrial Holding 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 Conglomerates subindustry, Lien Hwa Industrial Holding'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.
Lien Hwa Industrial Holding PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Lien Hwa Industrial Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lien Hwa Industrial Holding'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.
Lien Hwa Industrial Holding (TPE:1229) has a PB Ratio of 1.28 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lien Hwa Industrial Holding and its competitors. This is 21% below median its historical median of 1.62. Over the past decade, Lien Hwa Industrial Holding's PB Ratio has ranged from 0.85 to 2.62. According to the industry distribution chart, Lien Hwa Industrial Holding ranks #336 out of 546 companies in the Conglomerates industry, placing it in the top 61.5%.
Is Lien Hwa Industrial Holding's PB Ratio too high?
Lien Hwa Industrial Holding's current PB Ratio of 1.28 is 21% below median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 2.62. The Conglomerates industry median PB Ratio is 1.06. Lien Hwa Industrial Holding's value of 1.28 is 20.8% above this industry median. Based on the distribution chart, Lien Hwa Industrial Holding ranks #336 out of 546 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Lien Hwa Industrial Holding has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lien Hwa Industrial Holding's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Lien Hwa Industrial Holding ranks #336 out of 546 companies for PB Ratio. This places Lien Hwa Industrial Holding in the lower half of its industry. The industry median PB Ratio is 1.06. Lien Hwa Industrial Holding's value of 1.28 is 20.8% above this benchmark. Historically, Lien Hwa Industrial Holding's own PB Ratio has ranged from 0.85 to 2.62 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 1.06, Lien Hwa Industrial Holding 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.06, based on 546 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. Lien Hwa Industrial Holding's current PB Ratio of 1.28 is 20.8% 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 Lien Hwa Industrial Holding and its competitors. For the Conglomerates industry, the median PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lien Hwa Industrial Holding's current PB Ratio is 1.28, which is 21% below median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lien Hwa Industrial Holding stock overvalued right now?
Based on GuruFocus' analysis, Lien Hwa Industrial Holding (TPE:1229) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$55.75, compared to a current price of NT$40.10 — trading 28.1% below its estimated fair value. The current PB Ratio is 1.28, which is 21% below median its 10-year median of 1.62 and 20.8% above the Conglomerates industry median of 1.06. Lien Hwa Industrial Holding's overall GF Score™ is 87/100 with 3 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 Lien Hwa Industrial Holding (TPE:1229), the current PB Ratio is 1.28 as of Jul. 08, 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 Lien Hwa Industrial Holding (TPE:1229) Overvalued in 2026?
Based on GuruFocus' analysis, Lien Hwa Industrial Holding stock appears to be undervalued.
The current stock price of NT$40.10 is trading 28.1% below its estimated GF Value™ of NT$55.75.
GuruFocus considers Lien Hwa Industrial Holding to be Modestly Undervalued.
Key valuation signals for TPE:1229:
PB Ratio: 1.28 (21% below median its 10-year median of 1.62)
GF Value™: NT$55.75 vs. price of NT$40.10 (28.1% below fair value)
Industry Position: 20.8% above the Conglomerates median (#336 of 546)
No single metric tells the full story. See the TPE:1229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lien Hwa Industrial Holding Corp is engaged in flour production, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has four reportable segments. The rental business provides real property rental and development services. The Flour business manufactures and sells all kinds of Flour and processed foods. The system integration service business provides the system integration service, automatic system, applied software design and sale of industrial computer. The administrative resource center is responsible for the management of domestic/foreign investment business.
87GF Score
Get the complete analysis for TPE:1229
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:1229 has been successfully added to your 
