Tung Ho Steel Enterprise Corp stock PB Ratio (=1.48) is close to 3-year low of 1.34.
The historical rank and industry rank for Tung Ho Steel Enterprise's PB Ratio or its related term are showing as below:
TPE:2006'
s PB Ratio Range Over the Past 10 Years
Min: 0.78 Med: 1.39 Max: 2.17
Current: 1.47
During the past 13 years, Tung Ho Steel Enterprise's highest PB Ratio was 2.17. The lowest was 0.78. And the median was 1.39.
TPE:2006's PB Ratio is ranked worse than 67.16% of 609
companies
in the Steel industry
Industry Median: 0.96
vs TPE:2006: 1.47
During the past 12 months, Tung Ho Steel Enterprise's average Book Value Per Share Growth Rate was 5.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tung Ho Steel Enterprise was 6.00% per year. The lowest was -0.90% per year. And the median was 2.10% per year.
Back to Basics: PB Ratio
Tung Ho Steel Enterprise (TPE:2006) 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 Steel subindustry, Tung Ho Steel Enterprise'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.
Tung Ho Steel Enterprise PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Tung Ho Steel Enterprise's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tung Ho Steel Enterprise'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.
Tung Ho Steel Enterprise (TPE:2006) has a PB Ratio of 1.48 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 Tung Ho Steel Enterprise and its competitors. This is near median its historical median of 1.39. Over the past decade, Tung Ho Steel Enterprise's PB Ratio has ranged from 0.78 to 2.17. According to the industry distribution chart, Tung Ho Steel Enterprise ranks #409 out of 609 companies in the Steel industry, placing it in the top 67.2%.
Is Tung Ho Steel Enterprise's PB Ratio too high?
Tung Ho Steel Enterprise's current PB Ratio of 1.48 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.17. The Steel industry median PB Ratio is 0.96. Tung Ho Steel Enterprise's value of 1.48 is 54.2% above this industry median. Based on the distribution chart, Tung Ho Steel Enterprise ranks #409 out of 609 companies in the Steel industry, which is below the industry midpoint. Overall, Tung Ho Steel Enterprise has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tung Ho Steel Enterprise's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tung Ho Steel Enterprise ranks #409 out of 609 companies for PB Ratio. This places Tung Ho Steel Enterprise in the lower half of its industry. The industry median PB Ratio is 0.96. Tung Ho Steel Enterprise's value of 1.48 is 54.2% above this benchmark. Historically, Tung Ho Steel Enterprise's own PB Ratio has ranged from 0.78 to 2.17 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 0.96, Tung Ho Steel Enterprise 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 Steel company?
The median PB Ratio among Steel companies is 0.96, based on 609 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. Tung Ho Steel Enterprise's current PB Ratio of 1.48 is 54.2% 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 Tung Ho Steel Enterprise and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tung Ho Steel Enterprise's current PB Ratio is 1.48, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Ho Steel Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Tung Ho Steel Enterprise (TPE:2006) is currently considered Fairly Valued. The stock's GF Value™ is NT$64.08, compared to a current price of NT$69.40 — trading 8.3% above its estimated fair value. The current PB Ratio is 1.48, which is near median its 10-year median of 1.39 and 54.2% above the Steel industry median of 0.96. Tung Ho Steel Enterprise's overall GF Score™ is 88/100 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 Tung Ho Steel Enterprise (TPE:2006), the current PB Ratio is 1.48 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 Tung Ho Steel Enterprise (TPE:2006) Overvalued in 2026?
Based on GuruFocus' analysis, Tung Ho Steel Enterprise stock appears to be overvalued.
The current stock price of NT$69.40 is trading 8.3% above its estimated GF Value™ of NT$64.08.
GuruFocus considers Tung Ho Steel Enterprise to be Fairly Valued.
Key valuation signals for TPE:2006:
PB Ratio: 1.48 (near median its 10-year median of 1.39)
GF Value™: NT$64.08 vs. price of NT$69.40 (8.3% above fair value)
Industry Position: 54.2% above the Steel median (#409 of 609)
No single metric tells the full story. See the TPE:2006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tung Ho Steel Enterprise Corp manufactures and sells Re-Bar, section, and plate. It processes, and sells reinforcing bars, flat iron, angle iron, wire rod, and other steel products; manufactures, processes, and sells structural steel, alloy steel, tool steel, high carbon steel, and other special steels; ship dismantling; used ship sales. Its segments include Steel segment including the Taipei headquarters, Taoyuan processing center, Taoyuan plant, Taichung port logistics center, Miaoli Plant, Kaohsiung plant and THSVC, engaged in the manufacture and sale of steel products; and Steel Structure segment including Tung Kang Steel Structure Corp, Tung Kang Engineering & Construction Corp, engaged in steel structure processing, steel structure engineering and civil construction engineering.
88GF Score
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