Ta Chen Stainless Pipe CoTPE:2027 81 PB Ratio is 1.25 as of Jul. 11, 2026, which is 6% below its 10-year median of 1.33. GuruFocus rates TPE:2027 with a GF Score™ of 81/100 and a GF Value™ of NT$42.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 608 Steel companies, Ta Chen Stainless Pipe Co ranks worse than 61.68% on this metric.
The historical rank and industry rank for Ta Chen Stainless Pipe Co's PB Ratio or its related term are showing as below:
TPE:2027'
s PB Ratio Range Over the Past 10 Years
Min: 0.95 Med: 1.33 Max: 3.42
Current: 1.25
During the past 13 years, Ta Chen Stainless Pipe Co's highest PB Ratio was 3.42. The lowest was 0.95. And the median was 1.33.
TPE:2027's PB Ratio is ranked worse than 61.68% of 608
companies
in the Steel industry
Industry Median: 0.95
vs TPE:2027: 1.25
During the past 12 months, Ta Chen Stainless Pipe Co's average Book Value Per Share Growth Rate was 1.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ta Chen Stainless Pipe Co was 26.30% per year. The lowest was -13.60% per year. And the median was 4.90% per year.
Back to Basics: PB Ratio
Ta Chen Stainless Pipe Co (TPE:2027) 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.
Ta Chen Stainless Pipe Co PB Ratio Related Terms
Ta Chen Stainless Pipe Co PB Ratio Historical Data
* 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, Ta Chen Stainless Pipe 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.
Ta Chen Stainless Pipe Co PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Ta Chen Stainless Pipe Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ta Chen Stainless Pipe Co'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.
Ta Chen Stainless Pipe Co (TPE:2027) has a PB Ratio of 1.25 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 Ta Chen Stainless Pipe Co and its competitors. This is near median its historical median of 1.33. Over the past decade, Ta Chen Stainless Pipe Co's PB Ratio has ranged from 0.95 to 3.42. According to the industry distribution chart, Ta Chen Stainless Pipe Co ranks #375 out of 608 companies in the Steel industry, placing it in the top 61.7%.
Is Ta Chen Stainless Pipe Co's PB Ratio too high?
Ta Chen Stainless Pipe Co's current PB Ratio of 1.25 is near median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 3.42. The Steel industry median PB Ratio is 0.95. Ta Chen Stainless Pipe Co's value of 1.25 is 31.6% above this industry median. Based on the distribution chart, Ta Chen Stainless Pipe Co ranks #375 out of 608 companies in the Steel industry, which is below the industry midpoint. Overall, Ta Chen Stainless Pipe Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ta Chen Stainless Pipe Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Ta Chen Stainless Pipe Co ranks #375 out of 608 companies for PB Ratio. This places Ta Chen Stainless Pipe Co in the lower half of its industry. The industry median PB Ratio is 0.95. Ta Chen Stainless Pipe Co's value of 1.25 is 31.6% above this benchmark. Historically, Ta Chen Stainless Pipe Co's own PB Ratio has ranged from 0.95 to 3.42 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 0.95, Ta Chen Stainless Pipe 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 0.95, based on 608 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. Ta Chen Stainless Pipe Co's current PB Ratio of 1.25 is 31.6% 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 Ta Chen Stainless Pipe Co and its competitors. For the Steel industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta Chen Stainless Pipe Co's current PB Ratio is 1.25, which is near median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Chen Stainless Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Ta Chen Stainless Pipe Co (TPE:2027) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.70, compared to a current price of NT$40.00 — trading 6.3% below its estimated fair value. The current PB Ratio is 1.25, which is near median its 10-year median of 1.33 and 31.6% above the Steel industry median of 0.95. Ta Chen Stainless Pipe Co's overall GF Score™ is 81/100 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 Ta Chen Stainless Pipe Co (TPE:2027), the current PB Ratio is 1.25 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 Ta Chen Stainless Pipe Co (TPE:2027) Overvalued in 2026?
Based on GuruFocus' analysis, Ta Chen Stainless Pipe Co stock appears to be undervalued.
The current stock price of NT$40.00 is trading 6.3% below its estimated GF Value™ of NT$42.70.
GuruFocus considers Ta Chen Stainless Pipe Co to be Fairly Valued.
Key valuation signals for TPE:2027:
PB Ratio: 1.25 (near median its 10-year median of 1.33)
GF Value™: NT$42.70 vs. price of NT$40.00 (6.3% below fair value)
Industry Position: 31.6% above the Steel median (#375 of 608)
No single metric tells the full story. See the TPE:2027 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ta Chen Stainless Pipe Co Ltd is engaged in the manufacturing, processing, and selling of stainless steel pipes and stainless steel pipe fittings, stainless steel plates, as well as the manufacturing and sale of venetian blinds. It is also engaged in the manufacturing and selling of aluminum products and the sale of screws and nuts. The Group's operating segments are: Stainless steel and aluminum, Aluminum manufacturing, Screws and nuts, and Curtain and decorations. The majority of its revenue is derived from the Stainless steel and aluminum segment, which offers stainless steel pipes, stainless steel pipe fittings, as well as stainless steel plates (rolls), bars, and aluminum products. Geographically, the Group generates maximum revenue from the USA, followed by Taiwan and other markets.
81GF Score
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