Tex Year Industries Co (TPE:4720) PB Ratio: 1.68 (As of Jul. 09, 2026) — 44% Above Median


TPE:4720 Tex Year Industries Co Ltd TPE:4720
77 GF Score
Price NT$23.85
GF Value NT$21.49
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Tex Year Industries Co PB Ratio?

Tex Year Industries Co TPE:4720 -0.21% 77 PB Ratio is 1.68 as of Jul. 09, 2026, which is 44% above its 10-year median of 1.17. GuruFocus rates TPE:4720 with a GF Score™ of 77/100 and a GF Value™ of NT$21.49 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,574 Chemicals companies, Tex Year Industries Co ranks better than 50.83% 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), Tex Year Industries Co's share price is NT$23.85. Tex Year Industries Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$14.20. Hence, Tex Year Industries Co's PB Ratio of today is 1.68.

Warning Sign:

Tex Year Industries Co Ltd stock PB Ratio (=1.83) is close to 3-year high of 1.93.

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

TPE:4720' s PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.17   Max: 2.87
Current: 1.68

During the past 13 years, Tex Year Industries Co's highest PB Ratio was 2.87. The lowest was 0.90. And the median was 1.17.

TPE:4720's PB Ratio is ranked better than
50.83% of 1574 companies
in the Chemicals industry
Industry Median: 1.7 vs TPE:4720: 1.68

During the past 12 months, Tex Year Industries Co's average Book Value Per Share Growth Rate was -1.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 40.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tex Year Industries Co was 40.00% per year. The lowest was -23.90% per year. And the median was 2.10% per year.

Back to Basics: PB Ratio


Tex Year Industries Co  (TPE:4720) 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.


Tex Year Industries Co PB Ratio Related Terms


Tex Year Industries Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Tex Year Industries 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.

Tex Year Industries Co PB Ratio Chart

Tex Year Industries 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 1.32 2.66 1.28 1.29 1.06

Tex Year Industries 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 1.29 1.37 1.23 1.16 1.06

TPE:4720 vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Tex Year Industries 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.


Tex Year Industries Co PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tex Year Industries Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tex Year Industries Co's PB Ratio falls into.


TPE:4720
77GF Score
Tex Year Industries Co Ltd TPE:4720
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tex Year Industries 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.

Tex Year Industries Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=23.85/14.196
=1.68

* 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 1.68 mean?
Tex Year Industries Co (TPE:4720) has a PB Ratio of 1.68 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 Tex Year Industries Co and its competitors. This is 44% above median its historical median of 1.17. Over the past decade, Tex Year Industries Co's PB Ratio has ranged from 0.90 to 2.87. According to the industry distribution chart, Tex Year Industries Co ranks #774 out of 1574 companies in the Chemicals industry, placing it in the top 49.2%.
Is Tex Year Industries Co's PB Ratio too high?
Tex Year Industries Co's current PB Ratio of 1.68 is 44% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 2.87. The Chemicals industry median PB Ratio is 1.70. Tex Year Industries Co's value of 1.68 is 1.2% below this industry median. Based on the distribution chart, Tex Year Industries Co ranks #774 out of 1574 companies in the Chemicals industry, which is above the industry midpoint. Overall, Tex Year Industries Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tex Year Industries Co's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tex Year Industries Co ranks #774 out of 1574 companies for PB Ratio. This puts Tex Year Industries Co in the upper half of its industry. The industry median PB Ratio is 1.70. Tex Year Industries Co's value of 1.68 is 1.2% below this benchmark. Historically, Tex Year Industries Co's own PB Ratio has ranged from 0.90 to 2.87 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.70, Tex Year Industries 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.70, based on 1,574 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. Tex Year Industries Co's current PB Ratio of 1.68 is 1.2% 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 Tex Year Industries Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex Year Industries Co's current PB Ratio is 1.68, which is 44% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex Year Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Tex Year Industries Co (TPE:4720) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$21.49, compared to a current price of NT$23.85 — trading 11% above its estimated fair value. The current PB Ratio is 1.68, which is 44% above median its 10-year median of 1.17 and 1.2% below the Chemicals industry median of 1.70. Tex Year Industries Co's overall GF Score™ is 77/100 with 7 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 Tex Year Industries Co (TPE:4720), the current PB Ratio is 1.68 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 Tex Year Industries Co (TPE:4720) Overvalued in 2026?

Based on GuruFocus' analysis, Tex Year Industries Co stock appears to be overvalued. The current stock price of NT$23.85 is trading 11% above its estimated GF Value™ of NT$21.49. GuruFocus considers Tex Year Industries Co to be Modestly Overvalued.

Key valuation signals for TPE:4720:

  • PB Ratio: 1.68 (44% above median its 10-year median of 1.17)
  • GF Value™: NT$21.49 vs. price of NT$23.85 (11% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 1.2% below the Chemicals median (#774 of 1574)

No single metric tells the full story. See the TPE:4720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tex Year Industries Co Business Description

Address No. 9, Wuquan 6th Road, Wugu District, Wugu District, New Taipei City, TWN, 248
Tex Year Industries Co Ltd is engaged in the production and sales of eco-friendly hot melt adhesive and other adhesives, special chemicals for the electronic industry, the production and sales of air filter materials, trading of medical equipment, and biodegradable products, and the production and sales of green materials and solutions. Its products include hot melt adhesive, specialty chemicals, dental supplies, vibrating equipment, WE know filtration, water-based pressure sensitive, and UV/visible light curing glue. Its segments include the chemical business in Taiwan, the mainland China business and others of which the mainland China business generates the majority of the revenue.
77GF Score

Get the complete analysis for TPE:4720

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

NT$23.85
Price
NT$21.49
GF Value