Nankang Rubber TireTPE:2101 63 PB Ratio is 1.95 as of Jul. 11, 2026, which is 30% below its 10-year median of 2.78. GuruFocus rates TPE:2101 with a GF Score™ of 63/100 and a GF Value™ of NT$44.74 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Nankang Rubber Tire ranks worse than 62.98% on this metric.
The historical rank and industry rank for Nankang Rubber Tire's PB Ratio or its related term are showing as below:
TPE:2101'
s PB Ratio Range Over the Past 10 Years
Min: 1.73 Med: 2.78 Max: 4.79
Current: 1.95
During the past 13 years, Nankang Rubber Tire's highest PB Ratio was 4.79. The lowest was 1.73. And the median was 2.78.
TPE:2101's PB Ratio is ranked worse than 62.98% of 1294
companies
in the Vehicles & Parts industry
Industry Median: 1.36
vs TPE:2101: 1.95
During the past 12 months, Nankang Rubber Tire's average Book Value Per Share Growth Rate was -5.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nankang Rubber Tire was 12.50% per year. The lowest was -3.30% per year. And the median was 2.10% per year.
Back to Basics: PB Ratio
Nankang Rubber Tire (TPE:2101) 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.
Nankang Rubber Tire PB Ratio Related Terms
Nankang Rubber Tire PB Ratio Historical Data
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The historical data trend for Nankang Rubber Tire'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 Auto Parts subindustry, Nankang Rubber Tire'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.
Nankang Rubber Tire PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nankang Rubber Tire's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nankang Rubber Tire'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.
Nankang Rubber Tire (TPE:2101) has a PB Ratio of 1.95 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 Nankang Rubber Tire and its competitors. This is 30% below median its historical median of 2.78. Over the past decade, Nankang Rubber Tire's PB Ratio has ranged from 1.73 to 4.79. According to the industry distribution chart, Nankang Rubber Tire ranks #815 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 63%.
Is Nankang Rubber Tire's PB Ratio too high?
Nankang Rubber Tire's current PB Ratio of 1.95 is 30% below median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 4.79. The Vehicles & Parts industry median PB Ratio is 1.36. Nankang Rubber Tire's value of 1.95 is 43.4% above this industry median. Based on the distribution chart, Nankang Rubber Tire ranks #815 out of 1294 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nankang Rubber Tire has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nankang Rubber Tire's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nankang Rubber Tire ranks #815 out of 1294 companies for PB Ratio. This places Nankang Rubber Tire in the lower half of its industry. The industry median PB Ratio is 1.36. Nankang Rubber Tire's value of 1.95 is 43.4% above this benchmark. Historically, Nankang Rubber Tire's own PB Ratio has ranged from 1.73 to 4.79 over the past decade. While the company's 10-year median is 2.78 vs. the industry median of 1.36, Nankang Rubber Tire 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.36, based on 1,294 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. Nankang Rubber Tire's current PB Ratio of 1.95 is 43.4% 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 Nankang Rubber Tire and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nankang Rubber Tire's current PB Ratio is 1.95, which is 30% below median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankang Rubber Tire stock overvalued right now?
Based on GuruFocus' analysis, Nankang Rubber Tire (TPE:2101) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$44.74, compared to a current price of NT$34.00 — trading 24% below its estimated fair value. The current PB Ratio is 1.95, which is 30% below median its 10-year median of 2.78 and 43.4% above the Vehicles & Parts industry median of 1.36. Nankang Rubber Tire's overall GF Score™ is 63/100 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 Nankang Rubber Tire (TPE:2101), the current PB Ratio is 1.95 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 Nankang Rubber Tire (TPE:2101) Overvalued in 2026?
Based on GuruFocus' analysis, Nankang Rubber Tire stock appears to be undervalued.
The current stock price of NT$34.00 is trading 24% below its estimated GF Value™ of NT$44.74.
GuruFocus considers Nankang Rubber Tire to be Modestly Undervalued.
Key valuation signals for TPE:2101:
PB Ratio: 1.95 (30% below median its 10-year median of 2.78)
GF Value™: NT$44.74 vs. price of NT$34.00 (24% below fair value)
Industry Position: 43.4% above the Vehicles & Parts median (#815 of 1294)
No single metric tells the full story. See the TPE:2101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nankang Rubber Tire Corp Ltd manufactures and sells tires and rubber supplies. The products offered by the company include Motorsport, sedan series, suv & 4x4, snow series, all-season tire series, light truck series, truck/trailer series, and two-wheel series. The reportable segments of the company are: Tire - Taiwan, Tire - China, Construction Department, and others. The segments of the company include: Tire-Taiwan, Tire-China, Construction, Department and Other. It derives maximum revenue from Tire-Taiwan segment. Its geographical segments are Taiwan, the United States, Europe, Other regions in Asia, and Others. The company derives maximum revenue from Europe.
63GF Score
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