SanDi Properties Co (TPE:1438) PB Ratio: 0.78 (As of Jul. 11, 2026) — 49% Below Median


TPE:1438 SanDi Properties Co Ltd TPE:1438
49 GF Score
Price NT$21.95
GF Value NT$59.78
Valuation Possible Value Trap
! 9 Warning Signs
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What is SanDi Properties Co PB Ratio?

SanDi Properties Co TPE:1438 49 PB Ratio is 0.78 as of Jul. 11, 2026, which is 49% below its 10-year median of 1.52. GuruFocus rates TPE:1438 with a GF Score™ of 49/100 and a GF Value™ of NT$59.78 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,713 Real Estate companies, SanDi Properties Co ranks better than 52.71% 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 (2026-07-11), SanDi Properties Co's share price is NT$21.95. SanDi Properties Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$28.24. Hence, SanDi Properties Co's PB Ratio of today is 0.78.

Good Sign:

SanDi Properties Co Ltd stock PB Ratio (=0.78) is close to 10-year low of 0.71.

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

TPE:1438' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.52   Max: 4.58
Current: 0.78

During the past 13 years, SanDi Properties Co's highest PB Ratio was 4.58. The lowest was 0.71. And the median was 1.52.

TPE:1438's PB Ratio is ranked better than
52.71% of 1713 companies
in the Real Estate industry
Industry Median: 0.81 vs TPE:1438: 0.78

During the past 12 months, SanDi Properties Co's average Book Value Per Share Growth Rate was 6.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 21.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SanDi Properties Co was 320.20% per year. The lowest was -1.80% per year. And the median was 3.15% per year.

Back to Basics: PB Ratio


SanDi Properties Co  (TPE:1438) 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.


SanDi Properties Co PB Ratio Related Terms


SanDi Properties Co PB Ratio Historical Data

* Premium members only.

The historical data trend for SanDi Properties 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.

SanDi Properties Co PB Ratio Chart

SanDi Properties 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 1.94 1.42 1.62 2.06 1.19

SanDi Properties 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 2.06 1.64 1.49 1.46 1.19

SanDi Properties Co PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, SanDi Properties 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.


SanDi Properties Co PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, SanDi Properties Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where SanDi Properties Co's PB Ratio falls into.


TPE:1438
49GF Score
SanDi Properties Co Ltd TPE:1438
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SanDi Properties 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.

SanDi Properties Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=21.95/28.243
=0.78

* 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 0.78 mean?
SanDi Properties Co (TPE:1438) has a PB Ratio of 0.78 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SanDi Properties Co and its competitors. This is 49% below median its historical median of 1.52. Over the past decade, SanDi Properties Co's PB Ratio has ranged from 0.71 to 4.58. According to the industry distribution chart, SanDi Properties Co ranks #810 out of 1713 companies in the Real Estate industry, placing it in the top 47.3%.
Is SanDi Properties Co's PB Ratio too high?
SanDi Properties Co's current PB Ratio of 0.78 is 49% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 4.58. The Real Estate industry median PB Ratio is 0.81. SanDi Properties Co's value of 0.78 is 3.7% below this industry median. Based on the distribution chart, SanDi Properties Co ranks #810 out of 1713 companies in the Real Estate industry, which is above the industry midpoint. Overall, SanDi Properties Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SanDi Properties Co's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, SanDi Properties Co ranks #810 out of 1713 companies for PB Ratio. This puts SanDi Properties Co in the upper half of its industry. The industry median PB Ratio is 0.81. SanDi Properties Co's value of 0.78 is 3.7% below this benchmark. Historically, SanDi Properties Co's own PB Ratio has ranged from 0.71 to 4.58 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 0.81, SanDi Properties Co 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 a Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,713 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. SanDi Properties Co's current PB Ratio of 0.78 is 3.7% 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 SanDi Properties Co and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SanDi Properties Co's current PB Ratio is 0.78, which is 49% below median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SanDi Properties Co stock overvalued right now?
Based on GuruFocus' analysis, SanDi Properties Co (TPE:1438) is currently considered Possible Value Trap. The stock's GF Value™ is NT$59.78, compared to a current price of NT$21.95 — trading 63.3% below its estimated fair value. The current PB Ratio is 0.78, which is 49% below median its 10-year median of 1.52 and 3.7% below the Real Estate industry median of 0.81. SanDi Properties Co's overall GF Score™ is 49/100 with 9 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 SanDi Properties Co (TPE:1438), the current PB Ratio is 0.78 as of Jul. 11, 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 SanDi Properties Co (TPE:1438) Overvalued in 2026?

Based on GuruFocus' analysis, SanDi Properties Co stock appears to be undervalued. The current stock price of NT$21.95 is trading 63.3% below its estimated GF Value™ of NT$59.78. GuruFocus considers SanDi Properties Co to be Possible Value Trap.

Key valuation signals for TPE:1438:

  • PB Ratio: 0.78 (49% below median its 10-year median of 1.52)
  • GF Value™: NT$59.78 vs. price of NT$21.95 (63.3% below fair value)
  • GF Score™: 49/100 with 9 warning signs
  • Industry Position: 3.7% below the Real Estate median (#810 of 1713)

No single metric tells the full story. See the TPE:1438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SanDi Properties Co Business Description

Address No. 175, Zhongzheng 2nd Road, 16th Floor-3, Lingya District, Kaohsiung, TWN, 802406
SanDi Properties Co Ltd, is engaged in the construction of commercial buildings, industrial buildings, residential rental and sales business, and real estate trading business. The company generates a majority of revenue from Taiwan.
49GF Score

Get the complete analysis for TPE:1438

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

NT$21.95
Price
NT$59.78
GF Value