Chung Hung Steel Co (TPE:2014) PB Ratio: 2.04 (As of Jul. 01, 2026) — 20% Above Median


TPE:2014 Chung Hung Steel Co Ltd TPE:2014
47 GF Score
Price NT$17.25
GF Value NT$11.65
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Chung Hung Steel Co PB Ratio?

Chung Hung Steel Co TPE:2014 -0.86% 47 PB Ratio is 2.04 as of Jul. 01, 2026, which is 20% above its 10-year median of 1.70. GuruFocus rates TPE:2014 with a GF Score™ of 47/100 and a GF Value™ of NT$11.65 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 609 Steel companies, Chung Hung Steel Co ranks worse than 77.5% 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 (2026-07-01), Chung Hung Steel Co's share price is NT$17.25. Chung Hung Steel Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$8.44. Hence, Chung Hung Steel Co's PB Ratio of today is 2.04.

The historical rank and industry rank for Chung Hung Steel Co's PB Ratio or its related term are showing as below:

TPE:2014' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.7   Max: 4.38
Current: 2.04

During the past 13 years, Chung Hung Steel Co's highest PB Ratio was 4.38. The lowest was 0.59. And the median was 1.70.

TPE:2014's PB Ratio is ranked worse than
77.5% of 609 companies
in the Steel industry
Industry Median: 0.96 vs TPE:2014: 2.04

During the past 12 months, Chung Hung Steel Co's average Book Value Per Share Growth Rate was -14.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chung Hung Steel Co was 30.50% per year. The lowest was -17.50% per year. And the median was 1.70% per year.

Back to Basics: PB Ratio


Chung Hung Steel Co  (TPE:2014) 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.


Chung Hung Steel Co PB Ratio Related Terms


Chung Hung Steel Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Chung Hung Steel Co'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.

Chung Hung Steel Co PB Ratio Chart

Chung Hung Steel Co 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 2.62 2.25 2.30 1.80 1.87

Chung Hung Steel Co 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 1.80 2.06 1.58 1.81 1.87

TPE:2014 vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Chung Hung Steel 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.


Chung Hung Steel Co PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Chung Hung Steel Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Chung Hung Steel Co's PB Ratio falls into.


TPE:2014
47GF Score
Chung Hung Steel Co Ltd TPE:2014
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chung Hung Steel Co 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.

Chung Hung Steel Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=17.25/8.437
=2.04

* 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 2.04 mean?
Chung Hung Steel Co (TPE:2014) has a PB Ratio of 2.04 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chung Hung Steel Co and its competitors. This is 20% above median its historical median of 1.70. Over the past decade, Chung Hung Steel Co's PB Ratio has ranged from 0.59 to 4.38. According to the industry distribution chart, Chung Hung Steel Co ranks #472 out of 609 companies in the Steel industry, placing it in the top 77.5%.
Is Chung Hung Steel Co's PB Ratio too high?
Chung Hung Steel Co's current PB Ratio of 2.04 is 20% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 4.38. The Steel industry median PB Ratio is 0.96. Chung Hung Steel Co's value of 2.04 is 112.5% above this industry median. Based on the distribution chart, Chung Hung Steel Co ranks #472 out of 609 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Chung Hung Steel Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chung Hung Steel Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Chung Hung Steel Co ranks #472 out of 609 companies for PB Ratio. This places Chung Hung Steel Co in the lower half of its industry. The industry median PB Ratio is 0.96. Chung Hung Steel Co's value of 2.04 is 112.5% above this benchmark. Historically, Chung Hung Steel Co's own PB Ratio has ranged from 0.59 to 4.38 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 0.96, Chung Hung Steel Co 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. Chung Hung Steel Co's current PB Ratio of 2.04 is 112.5% 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 Chung Hung Steel Co 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. Chung Hung Steel Co's current PB Ratio is 2.04, which is 20% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Hung Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Chung Hung Steel Co (TPE:2014) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$11.65, compared to a current price of NT$17.25 — trading 48.1% above its estimated fair value. The current PB Ratio is 2.04, which is 20% above median its 10-year median of 1.70 and 112.5% above the Steel industry median of 0.96. Chung Hung Steel Co's overall GF Score™ is 47/100 with 4 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 Chung Hung Steel Co (TPE:2014), the current PB Ratio is 2.04 as of Jul. 01, 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 Chung Hung Steel Co (TPE:2014) Overvalued in 2026?

Based on GuruFocus' analysis, Chung Hung Steel Co stock appears to be overvalued. The current stock price of NT$17.25 is trading 48.1% above its estimated GF Value™ of NT$11.65. GuruFocus considers Chung Hung Steel Co to be Significantly Overvalued.

Key valuation signals for TPE:2014:

  • PB Ratio: 2.04 (20% above median its 10-year median of 1.70)
  • GF Value™: NT$11.65 vs. price of NT$17.25 (48.1% above fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 112.5% above the Steel median (#472 of 609)

No single metric tells the full story. See the TPE:2014 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chung Hung Steel Co Business Description

Address No. 317, Yuliao Road, Yuliao Lane, Qiaotou District, Kaohsiung, TWN, 82544
Chung Hung Steel Co Ltd is engaged in the manufacturing, processing, and distribution of steel products. The company produces steel products, including hot and cold galvanized coils, fine blanking coils, hot rolled temper grade coils, hot rolled pickled and oiled coils, and hot rolled bands. It has two operating segments: The Corporation segment which manufactures, processes and sells steel products, and Other corporations segment which includes Hung Kao Investment Corporation engaged in general investment. Geographically, the company derives a majority of revenue from Taiwan and also has a presence in Asia, America, Europe and Others.
47GF Score

Get the complete analysis for TPE:2014

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

NT$17.25
Price
NT$11.65
GF Value