Chang Ho Fibre (TPE:1468) PB Ratio: 1.39 (As of Jul. 11, 2026) — 13% Below Median


TPE:1468 Chang Ho Fibre Corp TPE:1468
59 GF Score
Price NT$12.20
GF Value NT$9.82
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Chang Ho Fibre PB Ratio?

Chang Ho Fibre TPE:1468 59 PB Ratio is 1.39 as of Jul. 11, 2026, which is 13% below its 10-year median of 1.60. GuruFocus rates TPE:1468 with a GF Score™ of 59/100 and a GF Value™ of NT$9.82 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 998 Manufacturing - Apparel & Accessories companies, Chang Ho Fibre ranks worse than 60.72% 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), Chang Ho Fibre's share price is NT$12.20. Chang Ho Fibre's Book Value per Share for the quarter that ended in Dec. 2025 was NT$8.81. Hence, Chang Ho Fibre's PB Ratio of today is 1.39.

Good Sign:

Chang Ho Fibre Corp stock PB Ratio (=1.39) is close to 5-year low of 1.32.

The historical rank and industry rank for Chang Ho Fibre's PB Ratio or its related term are showing as below:

TPE:1468' s PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.6   Max: 2.25
Current: 1.39

During the past 13 years, Chang Ho Fibre's highest PB Ratio was 2.25. The lowest was 1.23. And the median was 1.60.

TPE:1468's PB Ratio is ranked worse than
60.72% of 998 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.07 vs TPE:1468: 1.39

During the past 12 months, Chang Ho Fibre's average Book Value Per Share Growth Rate was 2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chang Ho Fibre was 7.60% per year. The lowest was -8.30% per year. And the median was -1.40% per year.

Back to Basics: PB Ratio


Chang Ho Fibre  (TPE:1468) 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.


Chang Ho Fibre PB Ratio Related Terms


Chang Ho Fibre PB Ratio Historical Data

* Premium members only.

The historical data trend for Chang Ho Fibre'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.

Chang Ho Fibre PB Ratio Chart

Chang Ho Fibre 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 1.79 1.81 2.07 1.54 1.36

Chang Ho Fibre 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 1.54 1.52 1.79 1.51 1.36

Chang Ho Fibre PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Chang Ho Fibre'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.


Chang Ho Fibre PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Chang Ho Fibre's PB Ratio distribution charts can be found below:

* The bar in red indicates where Chang Ho Fibre's PB Ratio falls into.


TPE:1468
59GF Score
Chang Ho Fibre Corp TPE:1468
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chang Ho Fibre 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.

Chang Ho Fibre's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=12.20/8.806
=1.39

* 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 1.39 mean?
Chang Ho Fibre (TPE:1468) has a PB Ratio of 1.39 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 Chang Ho Fibre and its competitors. This is 13% below median its historical median of 1.60. Over the past decade, Chang Ho Fibre's PB Ratio has ranged from 1.23 to 2.25. According to the industry distribution chart, Chang Ho Fibre ranks #606 out of 998 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 60.7%.
Is Chang Ho Fibre's PB Ratio too high?
Chang Ho Fibre's current PB Ratio of 1.39 is 13% below median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 2.25. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. Chang Ho Fibre's value of 1.39 is 29.9% above this industry median. Based on the distribution chart, Chang Ho Fibre ranks #606 out of 998 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Chang Ho Fibre has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chang Ho Fibre's PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Chang Ho Fibre ranks #606 out of 998 companies for PB Ratio. This places Chang Ho Fibre in the lower half of its industry. The industry median PB Ratio is 1.07. Chang Ho Fibre's value of 1.39 is 29.9% above this benchmark. Historically, Chang Ho Fibre's own PB Ratio has ranged from 1.23 to 2.25 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.07, Chang Ho Fibre 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.07, based on 998 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. Chang Ho Fibre's current PB Ratio of 1.39 is 29.9% 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 Chang Ho Fibre and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chang Ho Fibre's current PB Ratio is 1.39, which is 13% below median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Ho Fibre stock overvalued right now?
Based on GuruFocus' analysis, Chang Ho Fibre (TPE:1468) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$9.82, compared to a current price of NT$12.20 — trading 24.2% above its estimated fair value. The current PB Ratio is 1.39, which is 13% below median its 10-year median of 1.60 and 29.9% above the Manufacturing - Apparel & Accessories industry median of 1.07. Chang Ho Fibre's overall GF Score™ is 59/100 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 Chang Ho Fibre (TPE:1468), the current PB Ratio is 1.39 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 Chang Ho Fibre (TPE:1468) Overvalued in 2026?

Based on GuruFocus' analysis, Chang Ho Fibre stock appears to be overvalued. The current stock price of NT$12.20 is trading 24.2% above its estimated GF Value™ of NT$9.82. GuruFocus considers Chang Ho Fibre to be Modestly Overvalued.

Key valuation signals for TPE:1468:

  • PB Ratio: 1.39 (13% below median its 10-year median of 1.60)
  • GF Value™: NT$9.82 vs. price of NT$12.20 (24.2% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 29.9% above the Manufacturing - Apparel & Accessories median (#606 of 998)

No single metric tells the full story. See the TPE:1468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chang Ho Fibre Business Description

Address Nankan Road, No. 277, Section 1, Jinxing Village, Luzhu District, Taoyuan, TWN
Chang Ho Fibre Corp manufactures and sells various fibers, ultra-fine and super-micro fibers, and dyed and finished fabrics. Geographically, the company generates maximum revenue from its customers in Bangladesh, followed by China, Taiwan, South Korea, Laos, and Vietnam. The company's segments include: Domestic Segment; Shaoxing Segment; and Other Divisions. The company's main products include: 10-2000 Danny; Double-shot - Four-sided shot; calico; bonding and gluing; Parachute fabric; and PET bottle recycling.
59GF Score

Get the complete analysis for TPE:1468

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

NT$12.20
Price
NT$9.82
GF Value