Anderson Industrial (TPE:1528) PB Ratio: 2.02 (As of Jul. 08, 2026) — 122% Above Median


TPE:1528 Anderson Industrial Corp TPE:1528
53 GF Score
Price NT$22.80
GF Value NT$9.60
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Anderson Industrial PB Ratio?

Anderson Industrial TPE:1528 53 PB Ratio is 2.02 as of Jul. 08, 2026, which is 122% above its 10-year median of 0.91. GuruFocus rates TPE:1528 with a GF Score™ of 53/100 and a GF Value™ of NT$9.60 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,979 Industrial Products companies, Anderson Industrial ranks better than 54.68% 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 (2026-07-08), Anderson Industrial's share price is NT$22.80. Anderson Industrial's Book Value per Share for the quarter that ended in Dec. 2025 was NT$11.27. Hence, Anderson Industrial's PB Ratio of today is 2.02.

The historical rank and industry rank for Anderson Industrial's PB Ratio or its related term are showing as below:

TPE:1528' s PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.91   Max: 2.59
Current: 2.03

During the past 13 years, Anderson Industrial's highest PB Ratio was 2.59. The lowest was 0.46. And the median was 0.91.

TPE:1528's PB Ratio is ranked better than
54.68% of 2979 companies
in the Industrial Products industry
Industry Median: 2.23 vs TPE:1528: 2.03

During the past 12 months, Anderson Industrial's average Book Value Per Share Growth Rate was -3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Anderson Industrial was 5.00% per year. The lowest was -5.80% per year. And the median was -1.30% per year.

Back to Basics: PB Ratio


Anderson Industrial  (TPE:1528) 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.


Anderson Industrial PB Ratio Related Terms


Anderson Industrial PB Ratio Historical Data

* Premium members only.

The historical data trend for Anderson Industrial'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.

Anderson Industrial PB Ratio Chart

Anderson Industrial 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 1.05 0.81 0.92 1.25 2.11

Anderson Industrial 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 1.25 1.24 1.14 1.38 2.11

TPE:1528 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Anderson Industrial'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.


Anderson Industrial PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Anderson Industrial's PB Ratio distribution charts can be found below:

* The bar in red indicates where Anderson Industrial's PB Ratio falls into.


TPE:1528
53GF Score
Anderson Industrial Corp TPE:1528
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anderson Industrial 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.

Anderson Industrial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=22.80/11.265
=2.02

* 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 2.02 mean?
Anderson Industrial (TPE:1528) has a PB Ratio of 2.02 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 Anderson Industrial and its competitors. This is 122% above median its historical median of 0.91. Over the past decade, Anderson Industrial's PB Ratio has ranged from 0.46 to 2.59. According to the industry distribution chart, Anderson Industrial ranks #1350 out of 2979 companies in the Industrial Products industry, placing it in the top 45.3%.
Is Anderson Industrial's PB Ratio too high?
Anderson Industrial's current PB Ratio of 2.02 is 122% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.59. The Industrial Products industry median PB Ratio is 2.23. Anderson Industrial's value of 2.02 is 9.4% below this industry median. Based on the distribution chart, Anderson Industrial ranks #1350 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Anderson Industrial has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anderson Industrial's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Anderson Industrial ranks #1350 out of 2979 companies for PB Ratio. This puts Anderson Industrial in the upper half of its industry. The industry median PB Ratio is 2.23. Anderson Industrial's value of 2.02 is 9.4% below this benchmark. Historically, Anderson Industrial's own PB Ratio has ranged from 0.46 to 2.59 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 2.23, Anderson Industrial 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.23, based on 2,979 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. Anderson Industrial's current PB Ratio of 2.02 is 9.4% 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 Anderson Industrial and its competitors. For the Industrial Products industry, the median PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anderson Industrial's current PB Ratio is 2.02, which is 122% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anderson Industrial stock overvalued right now?
Based on GuruFocus' analysis, Anderson Industrial (TPE:1528) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9.60, compared to a current price of NT$22.80 — trading 137.5% above its estimated fair value. The current PB Ratio is 2.02, which is 122% above median its 10-year median of 0.91 and 9.4% below the Industrial Products industry median of 2.23. Anderson Industrial's overall GF Score™ is 53/100 with 7 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 Anderson Industrial (TPE:1528), the current PB Ratio is 2.02 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 Anderson Industrial (TPE:1528) Overvalued in 2026?

Based on GuruFocus' analysis, Anderson Industrial stock appears to be overvalued. The current stock price of NT$22.80 is trading 137.5% above its estimated GF Value™ of NT$9.60. GuruFocus considers Anderson Industrial to be Significantly Overvalued.

Key valuation signals for TPE:1528:

  • PB Ratio: 2.02 (122% above median its 10-year median of 0.91)
  • GF Value™: NT$9.60 vs. price of NT$22.80 (137.5% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 9.4% below the Industrial Products median (#1350 of 2979)

No single metric tells the full story. See the TPE:1528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anderson Industrial Business Description

Address No. 88, Zhongshan North Road, 5th Floor, Section 6, Shilin District, Taipei, TWN, 111032
Anderson Industrial Corp is mainly engaged in the design, manufacture, sale, import, and export of computer numerical control (CNC) machinery, tooling, lumber, wood panels, and building materials. It serves various industries such as Aerospace, Automotive, Composites Materials, Marine, Railway, Wood, metal, and Other Industries. Some of the products include STRATOS IP Series, ASTRIXX Series, MASS 5 Axis Series, AXXIOM Series, ANDIMAXX Series, and Others. Geographically, the company operates in Asia, Europe, North America, South America, and Others. It derives maximum revenue from Asia.
53GF Score

Get the complete analysis for TPE:1528

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

NT$22.80
Price
NT$9.60
GF Value