Evergreen SteelTPE:2211 95 PB Ratio is 1.45 as of Jul. 09, 2026, which is 10% above its 10-year median of 1.32. GuruFocus rates TPE:2211 with a GF Score™ of 95/100 and a GF Value™ of NT$104.74 (Fairly Valued). The stock has 2 warning signs investors should review. Among 608 Steel companies, Evergreen Steel ranks worse than 68.42% 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 (2026-07-09), Evergreen Steel's share price is NT$95.10. Evergreen Steel's Book Value per Share for the quarter that ended in Dec. 2025 was NT$65.50. Hence, Evergreen Steel's PB Ratio of today is 1.45.
The historical rank and industry rank for Evergreen Steel's PB Ratio or its related term are showing as below:
TPE:2211'
s PB Ratio Range Over the Past 10 Years
Min: 0.87 Med: 1.32 Max: 2.46
Current: 1.44
During the past 10 years, Evergreen Steel's highest PB Ratio was 2.46. The lowest was 0.87. And the median was 1.32.
TPE:2211's PB Ratio is ranked worse than 68.42% of 608
companies
in the Steel industry
Industry Median: 0.945
vs TPE:2211: 1.44
During the past 12 months, Evergreen Steel's average Book Value Per Share Growth Rate was -3.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.40% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Evergreen Steel was 21.60% per year. The lowest was 5.20% per year. And the median was 8.10% per year.
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.
Evergreen Steel PB Ratio Related Terms
Evergreen Steel PB Ratio Historical Data
* Premium members only.
The historical data trend for Evergreen Steel'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 Steel subindustry, Evergreen Steel'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.
Evergreen Steel PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Evergreen Steel's PB Ratio distribution charts can be found below:
* The bar in red indicates where Evergreen Steel'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.
Evergreen Steel's PB Ratio for today is calculated as follows:
* 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.
Evergreen Steel (TPE:2211) has a PB Ratio of 1.45 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Evergreen Steel and its competitors. This is 10% above median its historical median of 1.32. Over the past decade, Evergreen Steel's PB Ratio has ranged from 0.87 to 2.46. According to the industry distribution chart, Evergreen Steel ranks #416 out of 608 companies in the Steel industry, placing it in the top 68.4%.
Is Evergreen Steel's PB Ratio too high?
Evergreen Steel's current PB Ratio of 1.45 is 10% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 2.46. The Steel industry median PB Ratio is 0.95. Evergreen Steel's value of 1.45 is 53.4% above this industry median. Based on the distribution chart, Evergreen Steel ranks #416 out of 608 companies in the Steel industry, which is below the industry midpoint. Overall, Evergreen Steel has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Steel's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Evergreen Steel ranks #416 out of 608 companies for PB Ratio. This places Evergreen Steel in the lower half of its industry. The industry median PB Ratio is 0.95. Evergreen Steel's value of 1.45 is 53.4% above this benchmark. Historically, Evergreen Steel's own PB Ratio has ranged from 0.87 to 2.46 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 0.95, Evergreen Steel 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. Evergreen Steel's current PB Ratio of 1.45 is 53.4% 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 Evergreen Steel 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. Evergreen Steel's current PB Ratio is 1.45, which is 10% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Steel stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Steel (TPE:2211) is currently considered Fairly Valued. The stock's GF Value™ is NT$104.74, compared to a current price of NT$95.10 — trading 9.2% below its estimated fair value. The current PB Ratio is 1.45, which is 10% above median its 10-year median of 1.32 and 53.4% above the Steel industry median of 0.95. Evergreen Steel's overall GF Score™ is 95/100 with 2 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 Evergreen Steel (TPE:2211), the current PB Ratio is 1.45 as of Jul. 09, 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 Evergreen Steel (TPE:2211) Overvalued in 2026?
Based on GuruFocus' analysis, Evergreen Steel stock appears to be undervalued.
The current stock price of NT$95.10 is trading 9.2% below its estimated GF Value™ of NT$104.74.
GuruFocus considers Evergreen Steel to be Fairly Valued.
Key valuation signals for TPE:2211:
PB Ratio: 1.45 (10% above median its 10-year median of 1.32)
GF Value™: NT$104.74 vs. price of NT$95.10 (9.2% below fair value)
Industry Position: 53.4% above the Steel median (#416 of 608)
No single metric tells the full story. See the TPE:2211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evergreen Steel Corp is engaged in steel structure engineering and related construction services. Its operations include the design, manufacture, and installation of steel structures for high-rise buildings, factories, bridges, and other special construction projects. The company also provides container inspection, maintenance, and repair services for shipping companies.
95GF Score
Get the complete analysis for TPE:2211
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2211 has been successfully added to your 
