Right Way Industrial CoTPE:1506 -1.94%66 PB Ratio is 1.09 as of Jul. 08, 2026, which is 45% below its 10-year median of 1.98. GuruFocus rates TPE:1506 with a GF Score™ of 66/100 and a GF Value™ of NT$12.41 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,295 Vehicles & Parts companies, Right Way Industrial Co ranks better than 58.22% on this metric.
Right Way Industrial Co Ltd stock PB Ratio (=1.13) is close to 10-year low of 1.07.
The historical rank and industry rank for Right Way Industrial Co's PB Ratio or its related term are showing as below:
TPE:1506'
s PB Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.98 Max: 3.32
Current: 1.09
During the past 13 years, Right Way Industrial Co's highest PB Ratio was 3.32. The lowest was 1.07. And the median was 1.98.
TPE:1506's PB Ratio is ranked better than 58.22% of 1295
companies
in the Vehicles & Parts industry
Industry Median: 1.38
vs TPE:1506: 1.09
During the past 12 months, Right Way Industrial Co's average Book Value Per Share Growth Rate was 2.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Right Way Industrial Co was 20.10% per year. The lowest was -18.60% per year. And the median was 0.50% per year.
Back to Basics: PB Ratio
Right Way Industrial Co (TPE:1506) 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.
* 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 Auto Parts subindustry, Right Way Industrial 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.
Right Way Industrial Co PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Right Way Industrial Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Right Way Industrial 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.
Right Way Industrial Co (TPE:1506) has a PB Ratio of 1.09 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 Right Way Industrial Co and its competitors. This is 45% below median its historical median of 1.98. Over the past decade, Right Way Industrial Co's PB Ratio has ranged from 1.07 to 3.32. According to the industry distribution chart, Right Way Industrial Co ranks #541 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 41.8%.
Is Right Way Industrial Co's PB Ratio too high?
Right Way Industrial Co's current PB Ratio of 1.09 is 45% below median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 3.32. The Vehicles & Parts industry median PB Ratio is 1.38. Right Way Industrial Co's value of 1.09 is 21% below this industry median. Based on the distribution chart, Right Way Industrial Co ranks #541 out of 1295 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Right Way Industrial Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Right Way Industrial Co's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Right Way Industrial Co ranks #541 out of 1295 companies for PB Ratio. This puts Right Way Industrial Co in the upper half of its industry. The industry median PB Ratio is 1.38. Right Way Industrial Co's value of 1.09 is 21% below this benchmark. Historically, Right Way Industrial Co's own PB Ratio has ranged from 1.07 to 3.32 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 1.38, Right Way Industrial 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.38, based on 1,295 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. Right Way Industrial Co's current PB Ratio of 1.09 is 21% 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 Right Way Industrial Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Right Way Industrial Co's current PB Ratio is 1.09, which is 45% below median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Right Way Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Right Way Industrial Co (TPE:1506) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.41, compared to a current price of NT$10.10 — trading 18.6% below its estimated fair value. The current PB Ratio is 1.09, which is 45% below median its 10-year median of 1.98 and 21% below the Vehicles & Parts industry median of 1.38. Right Way Industrial Co's overall GF Score™ is 66/100 with 1 warning sign 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 Right Way Industrial Co (TPE:1506), the current PB Ratio is 1.09 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 Right Way Industrial Co (TPE:1506) Overvalued in 2026?
Based on GuruFocus' analysis, Right Way Industrial Co stock appears to be undervalued.
The current stock price of NT$10.10 is trading 18.6% below its estimated GF Value™ of NT$12.41.
GuruFocus considers Right Way Industrial Co to be Modestly Undervalued.
Key valuation signals for TPE:1506:
PB Ratio: 1.09 (45% below median its 10-year median of 1.98)
GF Value™: NT$12.41 vs. price of NT$10.10 (18.6% below fair value)
Industry Position: 21% below the Vehicles & Parts median (#541 of 1295)
No single metric tells the full story. See the TPE:1506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Right Way Industrial Co Ltd operates in the auto parts industry. The company is engaged in the manufacturing and retail sale of engines, parts of automobiles and motorcycles, pistons, piston rings, and its accessories, components of steering systems, crankshafts, machine tools, and system furniture. The company geographically operates in Taiwan, Malaysia, China, United States, and other countries.
66GF Score
Get the complete analysis for TPE:1506
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