Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tze Shin International CoTPE:2611 -0.34%66 PB Ratio is 0.99 as of Jul. 14, 2026, which is 6% above its 10-year median of 0.93. GuruFocus rates TPE:2611 with a GF Score™ of 66/100 and a GF Value™ of NT$18.39 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 964 Transportation companies, Tze Shin International Co ranks better than 60.89% on this metric.
The historical rank and industry rank for Tze Shin International Co's PB Ratio or its related term are showing as below:
TPE:2611'
s PB Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.93 Max: 2.14
Current: 1.02
During the past 13 years, Tze Shin International Co's highest PB Ratio was 2.14. The lowest was 0.42. And the median was 0.93.
TPE:2611's PB Ratio is ranked better than 60.89% of 964
companies
in the Transportation industry
Industry Median: 1.24
vs TPE:2611: 1.02
During the past 12 months, Tze Shin International Co's average Book Value Per Share Growth Rate was -8.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tze Shin International Co was 11.10% per year. The lowest was -2.10% per year. And the median was 1.30% per year.
Back to Basics: PB Ratio
Tze Shin International Co (TPE:2611) 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.
Tze Shin International Co PB Ratio Related Terms
Tze Shin International Co PB Ratio Historical Data
* 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.
Tze Shin International Co PB Ratio Competitor Comparison
For the Marine Shipping subindustry, Tze Shin International 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.
Tze Shin International Co PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Tze Shin International Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tze Shin International 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.
Tze Shin International Co (TPE:2611) has a PB Ratio of 0.99 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tze Shin International Co and its competitors. This is near median its historical median of 0.93. Over the past decade, Tze Shin International Co's PB Ratio has ranged from 0.42 to 2.14. According to the industry distribution chart, Tze Shin International Co ranks #377 out of 964 companies in the Transportation industry, placing it in the top 39.1%.
Is Tze Shin International Co's PB Ratio too high?
Tze Shin International Co's current PB Ratio of 0.99 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 2.14. The Transportation industry median PB Ratio is 1.24. Tze Shin International Co's value of 0.99 is 20.2% below this industry median. Based on the distribution chart, Tze Shin International Co ranks #377 out of 964 companies in the Transportation industry, which is above the industry midpoint. Overall, Tze Shin International Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tze Shin International Co's PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Tze Shin International Co ranks #377 out of 964 companies for PB Ratio. This puts Tze Shin International Co in the upper half of its industry. The industry median PB Ratio is 1.24. Tze Shin International Co's value of 0.99 is 20.2% below this benchmark. Historically, Tze Shin International Co's own PB Ratio has ranged from 0.42 to 2.14 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.24, Tze Shin International 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 a Transportation company?
The median PB Ratio among Transportation companies is 1.24, based on 964 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. Tze Shin International Co's current PB Ratio of 0.99 is 20.2% 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 Tze Shin International Co and its competitors. For the Transportation industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tze Shin International Co's current PB Ratio is 0.99, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tze Shin International Co stock overvalued right now?
Based on GuruFocus' analysis, Tze Shin International Co (TPE:2611) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$18.39, compared to a current price of NT$14.25 — trading 22.5% below its estimated fair value. The current PB Ratio is 0.99, which is near median its 10-year median of 0.93 and 20.2% below the Transportation industry median of 1.24. Tze Shin International Co's overall GF Score™ is 66/100 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 Tze Shin International Co (TPE:2611), the current PB Ratio is 0.99 as of Jul. 14, 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 Tze Shin International Co (TPE:2611) Overvalued in 2026?
Based on GuruFocus' analysis, Tze Shin International Co stock appears to be undervalued.
The current stock price of NT$14.25 is trading 22.5% below its estimated GF Value™ of NT$18.39.
GuruFocus considers Tze Shin International Co to be Modestly Undervalued.
Key valuation signals for TPE:2611:
PB Ratio: 0.99 (near median its 10-year median of 0.93)
GF Value™: NT$18.39 vs. price of NT$14.25 (22.5% below fair value)
Industry Position: 20.2% below the Transportation median (#377 of 964)
No single metric tells the full story. See the TPE:2611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tze Shin International Co Ltd operates in the shipping and ports industry. The Company offers long-distance container transshipment; Shipside transportation operations; container haulage; truck freight: transportation of chemicals, gasoline, and diesel tanks, lease of containers, racks, and equipment; and bulk goods; and entrust of construction companies to build commercial, industrial buildings, and public housing for sale and leasing. The company's revenue mainly comes from transportation services and the operation of international tourist hotels. The segments include: Hotel segment, Transportation segment, Construction segment and Other segment, of which Hotel segment derives maximum revenue.
66GF Score
Get the complete analysis for TPE:2611
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:2611 has been successfully added to your 
