Goodway MachineTPE:1583 -1.89%59 PB Ratio is 0.95 as of Jul. 08, 2026, which is 31% below its 10-year median of 1.38. GuruFocus rates TPE:1583 with a GF Score™ of 59/100 and a GF Value™ of NT$44.85 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,979 Industrial Products companies, Goodway Machine ranks better than 79.59% 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), Goodway Machine's share price is NT$49.25. Goodway Machine's Book Value per Share for the quarter that ended in Dec. 2025 was NT$51.69. Hence, Goodway Machine's PB Ratio of today is 0.95.
The historical rank and industry rank for Goodway Machine's PB Ratio or its related term are showing as below:
TPE:1583'
s PB Ratio Range Over the Past 10 Years
Min: 0.83 Med: 1.38 Max: 2.28
Current: 0.95
During the past 13 years, Goodway Machine's highest PB Ratio was 2.28. The lowest was 0.83. And the median was 1.38.
TPE:1583's PB Ratio is ranked better than 79.59% of 2979
companies
in the Industrial Products industry
Industry Median: 2.23
vs TPE:1583: 0.95
During the past 12 months, Goodway Machine's average Book Value Per Share Growth Rate was -13.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Goodway Machine was 14.90% per year. The lowest was 3.10% per year. And the median was 6.20% per year.
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.
Goodway Machine PB Ratio Related Terms
Goodway Machine PB Ratio Historical Data
* Premium members only.
The historical data trend for Goodway Machine'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.
For the Specialty Industrial Machinery subindustry, Goodway Machine'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.
Goodway Machine PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Goodway Machine's PB Ratio distribution charts can be found below:
* The bar in red indicates where Goodway Machine'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.
Goodway Machine's PB Ratio for today is calculated as follows:
* 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.
Goodway Machine (TPE:1583) has a PB Ratio of 0.95 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 Goodway Machine and its competitors. This is 31% below median its historical median of 1.38. Over the past decade, Goodway Machine's PB Ratio has ranged from 0.83 to 2.28. According to the industry distribution chart, Goodway Machine ranks #608 out of 2979 companies in the Industrial Products industry, placing it in the top 20.4%.
Is Goodway Machine's PB Ratio too high?
Goodway Machine's current PB Ratio of 0.95 is 31% below median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 2.28. The Industrial Products industry median PB Ratio is 2.23. Goodway Machine's value of 0.95 is 57.4% below this industry median. Based on the distribution chart, Goodway Machine ranks #608 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Goodway Machine has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Goodway Machine's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Goodway Machine ranks #608 out of 2979 companies for PB Ratio. This places Goodway Machine in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.23. Goodway Machine's value of 0.95 is 57.4% below this benchmark. Historically, Goodway Machine's own PB Ratio has ranged from 0.83 to 2.28 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 2.23, Goodway Machine 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. Goodway Machine's current PB Ratio of 0.95 is 57.4% 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 Goodway Machine 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. Goodway Machine's current PB Ratio is 0.95, which is 31% below median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodway Machine stock overvalued right now?
Based on GuruFocus' analysis, Goodway Machine (TPE:1583) is currently considered Fairly Valued. The stock's GF Value™ is NT$44.85, compared to a current price of NT$49.25 — trading 9.8% above its estimated fair value. The current PB Ratio is 0.95, which is 31% below median its 10-year median of 1.38 and 57.4% below the Industrial Products industry median of 2.23. Goodway Machine's overall GF Score™ is 59/100 with 3 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 Goodway Machine (TPE:1583), the current PB Ratio is 0.95 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 Goodway Machine (TPE:1583) Overvalued in 2026?
Based on GuruFocus' analysis, Goodway Machine stock appears to be overvalued.
The current stock price of NT$49.25 is trading 9.8% above its estimated GF Value™ of NT$44.85.
GuruFocus considers Goodway Machine to be Fairly Valued.
Key valuation signals for TPE:1583:
PB Ratio: 0.95 (31% below median its 10-year median of 1.38)
GF Value™: NT$44.85 vs. price of NT$49.25 (9.8% above fair value)
Industry Position: 57.4% below the Industrial Products median (#608 of 2979)
No single metric tells the full story. See the TPE:1583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodway Machine Corp engaged in manufacturing, sales, and purchases of a variety of machine tools, automatic machinery and hardware, woodworking machinery, and woodworking lathes. The company has two reportable segments, the CNC Lathe segment and the Processing Machine segment, which are mainly engaged in the design, manufacturing, and trading of industrial machine tools. Geographically, the company generates a majority of its revenue from Asia (excluding Taiwan) and the rest from Europe, America, Taiwan, and other regions.
59GF Score
Get the complete analysis for TPE:1583
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:1583 has been successfully added to your 
