Space Shuttle Hi-Tech CoTPE:2440 68 PB Ratio is 1.47 as of Jul. 11, 2026, which is 11% above its 10-year median of 1.33. GuruFocus rates TPE:2440 with a GF Score™ of 68/100 and a GF Value™ of NT$14.20 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 2,979 Industrial Products companies, Space Shuttle Hi-Tech Co ranks better than 66.73% on this metric.
The historical rank and industry rank for Space Shuttle Hi-Tech Co's PB Ratio or its related term are showing as below:
TPE:2440'
s PB Ratio Range Over the Past 10 Years
Min: 0.83 Med: 1.33 Max: 2.93
Current: 1.47
During the past 13 years, Space Shuttle Hi-Tech Co's highest PB Ratio was 2.93. The lowest was 0.83. And the median was 1.33.
TPE:2440's PB Ratio is ranked better than 66.73% of 2979
companies
in the Industrial Products industry
Industry Median: 2.23
vs TPE:2440: 1.47
During the past 12 months, Space Shuttle Hi-Tech Co's average Book Value Per Share Growth Rate was 28.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Space Shuttle Hi-Tech Co was 10.10% per year. The lowest was -7.30% per year. And the median was -0.85% per year.
Back to Basics: PB Ratio
Space Shuttle Hi-Tech Co (TPE:2440) 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.
* 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 Electrical Equipment & Parts subindustry, Space Shuttle Hi-Tech 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.
Space Shuttle Hi-Tech Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Space Shuttle Hi-Tech Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Space Shuttle Hi-Tech 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.
Space Shuttle Hi-Tech Co (TPE:2440) has a PB Ratio of 1.47 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 Space Shuttle Hi-Tech Co and its competitors. This is 11% above median its historical median of 1.33. Over the past decade, Space Shuttle Hi-Tech Co's PB Ratio has ranged from 0.83 to 2.93. According to the industry distribution chart, Space Shuttle Hi-Tech Co ranks #991 out of 2979 companies in the Industrial Products industry, placing it in the top 33.3%.
Is Space Shuttle Hi-Tech Co's PB Ratio too high?
Space Shuttle Hi-Tech Co's current PB Ratio of 1.47 is 11% above median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 2.93. The Industrial Products industry median PB Ratio is 2.23. Space Shuttle Hi-Tech Co's value of 1.47 is 34.1% below this industry median. Based on the distribution chart, Space Shuttle Hi-Tech Co ranks #991 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Space Shuttle Hi-Tech Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Shuttle Hi-Tech Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Space Shuttle Hi-Tech Co ranks #991 out of 2979 companies for PB Ratio. This puts Space Shuttle Hi-Tech Co in the upper half of its industry. The industry median PB Ratio is 2.23. Space Shuttle Hi-Tech Co's value of 1.47 is 34.1% below this benchmark. Historically, Space Shuttle Hi-Tech Co's own PB Ratio has ranged from 0.83 to 2.93 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 2.23, Space Shuttle Hi-Tech Co has consistently been below 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.23, based on 2,979 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. Space Shuttle Hi-Tech Co's current PB Ratio of 1.47 is 34.1% below 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 Space Shuttle Hi-Tech Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Shuttle Hi-Tech Co's current PB Ratio is 1.47, which is 11% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Shuttle Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Space Shuttle Hi-Tech Co (TPE:2440) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$14.20, compared to a current price of NT$16.65 — trading 17.3% above its estimated fair value. The current PB Ratio is 1.47, which is 11% above median its 10-year median of 1.33 and 34.1% below the Industrial Products industry median of 2.23. Space Shuttle Hi-Tech Co's overall GF Score™ is 68/100 with 10 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 Space Shuttle Hi-Tech Co (TPE:2440), the current PB Ratio is 1.47 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 Space Shuttle Hi-Tech Co (TPE:2440) Overvalued in 2026?
Based on GuruFocus' analysis, Space Shuttle Hi-Tech Co stock appears to be overvalued.
The current stock price of NT$16.65 is trading 17.3% above its estimated GF Value™ of NT$14.20.
GuruFocus considers Space Shuttle Hi-Tech Co to be Modestly Overvalued.
Key valuation signals for TPE:2440:
PB Ratio: 1.47 (11% above median its 10-year median of 1.33)
GF Value™: NT$14.20 vs. price of NT$16.65 (17.3% above fair value)
Industry Position: 34.1% below the Industrial Products median (#991 of 2979)
No single metric tells the full story. See the TPE:2440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Space Shuttle Hi-Tech Co Ltd is engaged in the reprocessing of copper and the manufacturing and sales of information transmission cables. The company generates the majority of its revenues from the re-processing and re-manufacturing of various copper materials, the production and sales of information transmission wires, and the manufacturing and sales of related products. The company mainly operates in Asia, hence all the revenue come from Asia itself.
68GF Score
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