Sanyang Motor Co (TPE:2206) PB Ratio: 1.90 (As of Jul. 12, 2026) — 33% Above Median


TPE:2206 Sanyang Motor Co Ltd TPE:2206
88 GF Score
Price NT$64.20
GF Value NT$71.95
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Sanyang Motor Co PB Ratio?

Sanyang Motor Co TPE:2206 88 PB Ratio is 1.90 as of Jul. 12, 2026, which is 33% above its 10-year median of 1.43. GuruFocus rates TPE:2206 with a GF Score™ of 88/100 and a GF Value™ of NT$71.95 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Sanyang Motor Co ranks worse than 61.36% 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 (2026-07-12), Sanyang Motor Co's share price is NT$64.20. Sanyang Motor Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$33.81. Hence, Sanyang Motor Co's PB Ratio of today is 1.90.

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

TPE:2206' s PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.43   Max: 4.02
Current: 1.9

During the past 13 years, Sanyang Motor Co's highest PB Ratio was 4.02. The lowest was 1.10. And the median was 1.43.

TPE:2206's PB Ratio is ranked worse than
61.36% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 1.39 vs TPE:2206: 1.90

During the past 12 months, Sanyang Motor Co's average Book Value Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sanyang Motor Co was 17.70% per year. The lowest was -6.40% per year. And the median was 1.70% per year.

Back to Basics: PB Ratio


Sanyang Motor Co  (TPE:2206) 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.


Sanyang Motor Co PB Ratio Related Terms


Sanyang Motor Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Sanyang Motor 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.

Sanyang Motor Co PB Ratio Chart

Sanyang Motor 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 1.39 1.50 2.53 2.18 1.82

Sanyang Motor 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 2.18 2.09 2.12 1.96 1.82

TPE:2206 vs TSLA, GM, F: PB Ratio Comparison

For the Auto Manufacturers subindustry, Sanyang Motor 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.


Sanyang Motor Co PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanyang Motor Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sanyang Motor Co's PB Ratio falls into.


TPE:2206
88GF Score
Sanyang Motor Co Ltd TPE:2206
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanyang Motor 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.

Sanyang Motor Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=64.20/33.813
=1.90

* 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 1.90 mean?
Sanyang Motor Co (TPE:2206) has a PB Ratio of 1.90 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sanyang Motor Co and its competitors. This is 33% above median its historical median of 1.43. Over the past decade, Sanyang Motor Co's PB Ratio has ranged from 1.10 to 4.02. According to the industry distribution chart, Sanyang Motor Co ranks #794 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 61.4%.
Is Sanyang Motor Co's PB Ratio too high?
Sanyang Motor Co's current PB Ratio of 1.90 is 33% above median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 4.02. The Vehicles & Parts industry median PB Ratio is 1.39. Sanyang Motor Co's value of 1.90 is 36.7% above this industry median. Based on the distribution chart, Sanyang Motor Co ranks #794 out of 1294 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Sanyang Motor Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sanyang Motor Co's PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Sanyang Motor Co ranks #794 out of 1294 companies for PB Ratio. This places Sanyang Motor Co in the lower half of its industry. The industry median PB Ratio is 1.39. Sanyang Motor Co's value of 1.90 is 36.7% above this benchmark. Historically, Sanyang Motor Co's own PB Ratio has ranged from 1.10 to 4.02 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 1.39, Sanyang Motor 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 1.39, 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. Sanyang Motor Co's current PB Ratio of 1.90 is 36.7% 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 Sanyang Motor Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanyang Motor Co's current PB Ratio is 1.90, which is 33% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanyang Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Sanyang Motor Co (TPE:2206) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$71.95, compared to a current price of NT$64.20 — trading 10.8% below its estimated fair value. The current PB Ratio is 1.90, which is 33% above median its 10-year median of 1.43 and 36.7% above the Vehicles & Parts industry median of 1.39. Sanyang Motor Co's overall GF Score™ is 88/100 with 5 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 Sanyang Motor Co (TPE:2206), the current PB Ratio is 1.90 as of Jul. 12, 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 Sanyang Motor Co (TPE:2206) Overvalued in 2026?

Based on GuruFocus' analysis, Sanyang Motor Co stock appears to be undervalued. The current stock price of NT$64.20 is trading 10.8% below its estimated GF Value™ of NT$71.95. GuruFocus considers Sanyang Motor Co to be Modestly Undervalued.

Key valuation signals for TPE:2206:

  • PB Ratio: 1.90 (33% above median its 10-year median of 1.43)
  • GF Value™: NT$71.95 vs. price of NT$64.20 (10.8% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 36.7% above the Vehicles & Parts median (#794 of 1294)

No single metric tells the full story. See the TPE:2206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanyang Motor Co Business Description

Address No. 3, Chung Hua Road, Hukou Township, Hsinchu, TWN, 303
Sanyang Motor Co Ltd is an automobile manufacturer domiciled in Taiwan. The business activities of the group are manufacturing and sale of automobiles, scooters and their parts and providing related technical and consulting services.
88GF Score

Get the complete analysis for TPE:2206

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

NT$64.20
Price
NT$71.95
GF Value