Hsin Yung Chien CoTPE:2114 +1.23%82 PB Ratio is 2.23 as of Jul. 06, 2026, which is 14% below its 10-year median of 2.60. GuruFocus rates TPE:2114 with a GF Score™ of 82/100 and a GF Value™ of NT$97.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,295 Vehicles & Parts companies, Hsin Yung Chien Co ranks worse than 66.33% on this metric.
Hsin Yung Chien Co Ltd stock PB Ratio (=2.23) is close to 10-year low of 2.06.
The historical rank and industry rank for Hsin Yung Chien Co's PB Ratio or its related term are showing as below:
TPE:2114'
s PB Ratio Range Over the Past 10 Years
Min: 2.06 Med: 2.6 Max: 3.73
Current: 2.23
During the past 13 years, Hsin Yung Chien Co's highest PB Ratio was 3.73. The lowest was 2.06. And the median was 2.60.
TPE:2114's PB Ratio is ranked worse than 66.33% of 1295
companies
in the Vehicles & Parts industry
Industry Median: 1.41
vs TPE:2114: 2.23
During the past 12 months, Hsin Yung Chien Co's average Book Value Per Share Growth Rate was 2.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hsin Yung Chien Co was 15.10% per year. The lowest was -0.40% per year. And the median was 5.80% per year.
Back to Basics: PB Ratio
Hsin Yung Chien Co (TPE:2114) 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.
Hsin Yung Chien Co PB Ratio Related Terms
Hsin Yung Chien Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Hsin Yung Chien 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.
For the Auto Parts subindustry, Hsin Yung Chien 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.
Hsin Yung Chien Co PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hsin Yung Chien Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hsin Yung Chien 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.
Hsin Yung Chien Co (TPE:2114) has a PB Ratio of 2.23 as of Jul. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hsin Yung Chien Co and its competitors. This is 14% below median its historical median of 2.60. Over the past decade, Hsin Yung Chien Co's PB Ratio has ranged from 2.06 to 3.73. According to the industry distribution chart, Hsin Yung Chien Co ranks #859 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 66.3%.
Is Hsin Yung Chien Co's PB Ratio too high?
Hsin Yung Chien Co's current PB Ratio of 2.23 is 14% below median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 3.73. The Vehicles & Parts industry median PB Ratio is 1.41. Hsin Yung Chien Co's value of 2.23 is 58.2% above this industry median. Based on the distribution chart, Hsin Yung Chien Co ranks #859 out of 1295 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Hsin Yung Chien Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hsin Yung Chien Co's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hsin Yung Chien Co ranks #859 out of 1295 companies for PB Ratio. This places Hsin Yung Chien Co in the lower half of its industry. The industry median PB Ratio is 1.41. Hsin Yung Chien Co's value of 2.23 is 58.2% above this benchmark. Historically, Hsin Yung Chien Co's own PB Ratio has ranged from 2.06 to 3.73 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 1.41, Hsin Yung Chien 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.41, based on 1,295 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. Hsin Yung Chien Co's current PB Ratio of 2.23 is 58.2% 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 Hsin Yung Chien Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin Yung Chien Co's current PB Ratio is 2.23, which is 14% below median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin Yung Chien Co stock overvalued right now?
Based on GuruFocus' analysis, Hsin Yung Chien Co (TPE:2114) is currently considered Fairly Valued. The stock's GF Value™ is NT$97.70, compared to a current price of NT$90.50 — trading 7.4% below its estimated fair value. The current PB Ratio is 2.23, which is 14% below median its 10-year median of 2.60 and 58.2% above the Vehicles & Parts industry median of 1.41. Hsin Yung Chien Co's overall GF Score™ is 82/100 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 Hsin Yung Chien Co (TPE:2114), the current PB Ratio is 2.23 as of Jul. 06, 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 Hsin Yung Chien Co (TPE:2114) Overvalued in 2026?
Based on GuruFocus' analysis, Hsin Yung Chien Co stock appears to be undervalued.
The current stock price of NT$90.50 is trading 7.4% below its estimated GF Value™ of NT$97.70.
GuruFocus considers Hsin Yung Chien Co to be Fairly Valued.
Key valuation signals for TPE:2114:
PB Ratio: 2.23 (14% below median its 10-year median of 2.60)
GF Value™: NT$97.70 vs. price of NT$90.50 (7.4% below fair value)
Industry Position: 58.2% above the Vehicles & Parts median (#859 of 1295)
No single metric tells the full story. See the TPE:2114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsin Yung Chien Co Ltd is engaged in the manufacturing, processing, and sales of rubber conveyor belts, rubber sheets, oil-resistant, acid-resistant, heat-resistant packer elements, and other rubber products. Its geographic areas are America, Asia, Europe, and Other locations. It generates the majority of its revenue from America.
82GF Score
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