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Wei Chih Steel Industrial Co Ltd stock PB Ratio (=1.09) is close to 5-year low of 1.06.
The historical rank and industry rank for Wei Chih Steel Industrial Co's PB Ratio or its related term are showing as below:
TPE:2028'
s PB Ratio Range Over the Past 10 Years
Min: 0.98 Med: 1.6 Max: 5.75
Current: 1.07
During the past 13 years, Wei Chih Steel Industrial Co's highest PB Ratio was 5.75. The lowest was 0.98. And the median was 1.60.
TPE:2028's PB Ratio is ranked worse than 54.84% of 609
companies
in the Steel industry
Industry Median: 0.96
vs TPE:2028: 1.07
During the past 12 months, Wei Chih Steel Industrial Co's average Book Value Per Share Growth Rate was 1.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 18.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Wei Chih Steel Industrial Co was 40.00% per year. The lowest was -43.60% per year. And the median was 3.55% per year.
Back to Basics: PB Ratio
Wei Chih Steel Industrial Co (TPE:2028) 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.
Wei Chih Steel Industrial Co PB Ratio Related Terms
Wei Chih Steel Industrial 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, Wei Chih Steel Industrial 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.
Wei Chih Steel Industrial Co PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Wei Chih Steel Industrial Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Wei Chih Steel Industrial 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.
Wei Chih Steel Industrial Co (TPE:2028) has a PB Ratio of 1.07 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Wei Chih Steel Industrial Co and its competitors. This is 33% below median its historical median of 1.60. Over the past decade, Wei Chih Steel Industrial Co's PB Ratio has ranged from 0.98 to 5.75. According to the industry distribution chart, Wei Chih Steel Industrial Co ranks #334 out of 609 companies in the Steel industry, placing it in the top 54.8%.
Is Wei Chih Steel Industrial Co's PB Ratio too high?
Wei Chih Steel Industrial Co's current PB Ratio of 1.07 is 33% below median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 5.75. The Steel industry median PB Ratio is 0.96. Wei Chih Steel Industrial Co's value of 1.07 is 11.5% above this industry median. Based on the distribution chart, Wei Chih Steel Industrial Co ranks #334 out of 609 companies in the Steel industry, which is below the industry midpoint. Overall, Wei Chih Steel Industrial Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wei Chih Steel Industrial Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Wei Chih Steel Industrial Co ranks #334 out of 609 companies for PB Ratio. This places Wei Chih Steel Industrial Co in the lower half of its industry. The industry median PB Ratio is 0.96. Wei Chih Steel Industrial Co's value of 1.07 is 11.5% above this benchmark. Historically, Wei Chih Steel Industrial Co's own PB Ratio has ranged from 0.98 to 5.75 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 0.96, Wei Chih Steel Industrial 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. Wei Chih Steel Industrial Co's current PB Ratio of 1.07 is 11.5% 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 Wei Chih Steel Industrial 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. Wei Chih Steel Industrial Co's current PB Ratio is 1.07, which is 33% below median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wei Chih Steel Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Wei Chih Steel Industrial Co (TPE:2028) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.52, compared to a current price of NT$15.60 — trading 5.6% below its estimated fair value. The current PB Ratio is 1.07, which is 33% below median its 10-year median of 1.60 and 11.5% above the Steel industry median of 0.96. Wei Chih Steel Industrial Co's overall GF Score™ is 70/100 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 Wei Chih Steel Industrial Co (TPE:2028), the current PB Ratio is 1.07 as of Jul. 14, 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 Wei Chih Steel Industrial Co (TPE:2028) Overvalued in 2026?
Based on GuruFocus' analysis, Wei Chih Steel Industrial Co stock appears to be undervalued.
The current stock price of NT$15.60 is trading 5.6% below its estimated GF Value™ of NT$16.52.
GuruFocus considers Wei Chih Steel Industrial Co to be Fairly Valued.
Key valuation signals for TPE:2028:
PB Ratio: 1.07 (33% below median its 10-year median of 1.60)
GF Value™: NT$16.52 vs. price of NT$15.60 (5.6% below fair value)
Industry Position: 11.5% above the Steel median (#334 of 609)
No single metric tells the full story. See the TPE:2028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wei Chih Steel Industrial Co Ltd main business items of the Company are processing, manufacturing, trading and importing /exporting of steel rebars, bar steels, wire rods, steel billets and other steel products. The Company also rents and sales of public housing units and commercial building constructed by construction engineering firms entrusted by the Company. The Company operates single industry only, mainly for the steel processing and manufacturing of steel rebar, bar steels, billes steel, and wire rods. The company has presence in Taiwan and Australia. The company generates majority of revenue from Taiwan. The company's products are Rebars, Billets, Straight round bar (RB), Bar-in-Coils (BIC).
70GF Score
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