China Steel ChemicalTPE:1723 77 PB Ratio is 2.51 as of Jul. 11, 2026, which is 32% below its 10-year median of 3.70. GuruFocus rates TPE:1723 with a GF Score™ of 77/100 and a GF Value™ of NT$78.73 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,574 Chemicals companies, China Steel Chemical ranks worse than 66.52% on this metric.
The historical rank and industry rank for China Steel Chemical's PB Ratio or its related term are showing as below:
TPE:1723'
s PB Ratio Range Over the Past 10 Years
Min: 1.99 Med: 3.7 Max: 5.69
Current: 2.51
During the past 13 years, China Steel Chemical's highest PB Ratio was 5.69. The lowest was 1.99. And the median was 3.70.
TPE:1723's PB Ratio is ranked worse than 66.52% of 1574
companies
in the Chemicals industry
Industry Median: 1.695
vs TPE:1723: 2.51
During the past 12 months, China Steel Chemical's average Book Value Per Share Growth Rate was -4.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% 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 China Steel Chemical was 10.50% per year. The lowest was -4.50% per year. And the median was 3.80% per year.
Back to Basics: PB Ratio
China Steel Chemical (TPE:1723) 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.
China Steel Chemical PB Ratio Related Terms
China Steel Chemical PB Ratio Historical Data
* Premium members only.
The historical data trend for China Steel Chemical'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 Chemicals subindustry, China Steel Chemical'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.
China Steel Chemical PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, China Steel Chemical's PB Ratio distribution charts can be found below:
* The bar in red indicates where China Steel Chemical'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.
China Steel Chemical (TPE:1723) has a PB Ratio of 2.51 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 China Steel Chemical and its competitors. This is 32% below median its historical median of 3.70. Over the past decade, China Steel Chemical's PB Ratio has ranged from 1.99 to 5.69. According to the industry distribution chart, China Steel Chemical ranks #1047 out of 1574 companies in the Chemicals industry, placing it in the top 66.5%.
Is China Steel Chemical's PB Ratio too high?
China Steel Chemical's current PB Ratio of 2.51 is 32% below median its 10-year median of 3.70. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 5.69. The Chemicals industry median PB Ratio is 1.70. China Steel Chemical's value of 2.51 is 48.1% above this industry median. Based on the distribution chart, China Steel Chemical ranks #1047 out of 1574 companies in the Chemicals industry, which is below the industry midpoint. Overall, China Steel Chemical has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Steel Chemical's PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, China Steel Chemical ranks #1047 out of 1574 companies for PB Ratio. This places China Steel Chemical in the lower half of its industry. The industry median PB Ratio is 1.70. China Steel Chemical's value of 2.51 is 48.1% above this benchmark. Historically, China Steel Chemical's own PB Ratio has ranged from 1.99 to 5.69 over the past decade. While the company's 10-year median is 3.70 vs. the industry median of 1.70, China Steel Chemical 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.70, based on 1,574 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. China Steel Chemical's current PB Ratio of 2.51 is 48.1% 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 China Steel Chemical and its competitors. For the Chemicals industry, the median PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel Chemical's current PB Ratio is 2.51, which is 32% below median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel Chemical stock overvalued right now?
Based on GuruFocus' analysis, China Steel Chemical (TPE:1723) is currently considered Fairly Valued. The stock's GF Value™ is NT$78.73, compared to a current price of NT$84.40 — trading 7.2% above its estimated fair value. The current PB Ratio is 2.51, which is 32% below median its 10-year median of 3.70 and 48.1% above the Chemicals industry median of 1.70. China Steel Chemical's overall GF Score™ is 77/100 with 9 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 China Steel Chemical (TPE:1723), the current PB Ratio is 2.51 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 China Steel Chemical (TPE:1723) Overvalued in 2026?
Based on GuruFocus' analysis, China Steel Chemical stock appears to be overvalued.
The current stock price of NT$84.40 is trading 7.2% above its estimated GF Value™ of NT$78.73.
GuruFocus considers China Steel Chemical to be Fairly Valued.
Key valuation signals for TPE:1723:
PB Ratio: 2.51 (32% below median its 10-year median of 3.70)
GF Value™: NT$78.73 vs. price of NT$84.40 (7.2% above fair value)
Industry Position: 48.1% above the Chemicals median (#1047 of 1574)
No single metric tells the full story. See the TPE:1723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Steel Chemical Corp is engaged in the production, processing, and sales of coal tar distillation products, Naphtha products, and coke products. Besides, it also trades related upstream and downstream products. The firm operates in segments: CSCC/CCSNM includes the production and marketing of chemical products, and EWI includes Investments. Geographically, it operates in Taiwan, Australia, and China, with the maximum revenue from Taiwan.
77GF Score
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