Shihlin Electric & EngineeringTPE:1503 83 PB Ratio is 3.42 as of Jul. 04, 2026, which is 229% above its 10-year median of 1.04. GuruFocus rates TPE:1503 with a GF Score™ of 83/100 and a GF Value™ of NT$199.50 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,981 Industrial Products companies, Shihlin Electric & Engineering ranks worse than 65.55% on this metric.
Shihlin Electric & Engineering Corp stock PB Ratio (=3.42) is close to 1-year high of 3.47.
The historical rank and industry rank for Shihlin Electric & Engineering's PB Ratio or its related term are showing as below:
TPE:1503'
s PB Ratio Range Over the Past 10 Years
Min: 0.85 Med: 1.04 Max: 4.6
Current: 3.42
During the past 13 years, Shihlin Electric & Engineering's highest PB Ratio was 4.60. The lowest was 0.85. And the median was 1.04.
TPE:1503's PB Ratio is ranked worse than 65.55% of 2981
companies
in the Industrial Products industry
Industry Median: 2.33
vs TPE:1503: 3.42
During the past 12 months, Shihlin Electric & Engineering's average Book Value Per Share Growth Rate was -3.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shihlin Electric & Engineering was 14.60% per year. The lowest was 1.30% per year. And the median was 5.10% per year.
Back to Basics: PB Ratio
Shihlin Electric & Engineering (TPE:1503) 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.
Shihlin Electric & Engineering PB Ratio Related Terms
Shihlin Electric & Engineering 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 Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.
Shihlin Electric & Engineering PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shihlin Electric & Engineering's PB Ratio falls into.
Shihlin Electric & Engineering 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.
* 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.
Shihlin Electric & Engineering (TPE:1503) has a PB Ratio of 3.42 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shihlin Electric & Engineering and its competitors. This is 229% above median its historical median of 1.04. Over the past decade, Shihlin Electric & Engineering's PB Ratio has ranged from 0.85 to 4.60. According to the industry distribution chart, Shihlin Electric & Engineering ranks #1954 out of 2981 companies in the Industrial Products industry, placing it in the top 65.5%.
Is Shihlin Electric & Engineering's PB Ratio too high?
Shihlin Electric & Engineering's current PB Ratio of 3.42 is 229% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 4.60. The Industrial Products industry median PB Ratio is 2.33. Shihlin Electric & Engineering's value of 3.42 is 46.8% above this industry median. Based on the distribution chart, Shihlin Electric & Engineering ranks #1954 out of 2981 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shihlin Electric & Engineering has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shihlin Electric & Engineering's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shihlin Electric & Engineering ranks #1954 out of 2981 companies for PB Ratio. This places Shihlin Electric & Engineering in the lower half of its industry. The industry median PB Ratio is 2.33. Shihlin Electric & Engineering's value of 3.42 is 46.8% above this benchmark. Historically, Shihlin Electric & Engineering's own PB Ratio has ranged from 0.85 to 4.60 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 2.33, Shihlin Electric & Engineering 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.33, based on 2,981 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. Shihlin Electric & Engineering's current PB Ratio of 3.42 is 46.8% 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 Shihlin Electric & Engineering and its competitors. For the Industrial Products industry, the median PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shihlin Electric & Engineering's current PB Ratio is 3.42, which is 229% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shihlin Electric & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Shihlin Electric & Engineering (TPE:1503) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$199.50, compared to a current price of NT$238.00 — trading 19.3% above its estimated fair value. The current PB Ratio is 3.42, which is 229% above median its 10-year median of 1.04 and 46.8% above the Industrial Products industry median of 2.33. Shihlin Electric & Engineering's overall GF Score™ is 83/100 with 5 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 Shihlin Electric & Engineering (TPE:1503), the current PB Ratio is 3.42 as of Jul. 04, 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 Shihlin Electric & Engineering (TPE:1503) Overvalued in 2026?
Based on GuruFocus' analysis, Shihlin Electric & Engineering stock appears to be overvalued.
The current stock price of NT$238.00 is trading 19.3% above its estimated GF Value™ of NT$199.50.
GuruFocus considers Shihlin Electric & Engineering to be Modestly Overvalued.
Key valuation signals for TPE:1503:
PB Ratio: 3.42 (229% above median its 10-year median of 1.04)
GF Value™: NT$199.50 vs. price of NT$238.00 (19.3% above fair value)
Industry Position: 46.8% above the Industrial Products median (#1954 of 2981)
No single metric tells the full story. See the TPE:1503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shihlin Electric & Engineering Business Description
Shihlin Electric & Engineering Corp is engaged in the manufacture of heavy electrical equipment, electrical machinery, electrical automotive equipment and related parts, and the sale and lease of commercial buildings. Its product portfolio comprises low-voltage switches, solar inverters, charging stations, power transformers, capacitors, switchboards, etc. The group has four reportable segments: Electric Distribution, Automobile Parts, Automation Equipment and Parts, and Other. The majority of its revenue is generated by the Electric Distribution segment, which manufactures and sells heavy electric equipment. Geographically, it generates maximum revenue from Taiwan, followed by Mainland China, Vietnam, and other regions.
83GF Score
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