Topco Scientific Co (TPE:5434) PB Ratio: 4.90 (As of Jul. 11, 2026) — 106% Above Median


TPE:5434 Topco Scientific Co Ltd TPE:5434
86 GF Score
Price NT$509.00
GF Value NT$343.00
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Topco Scientific Co PB Ratio?

Topco Scientific Co TPE:5434 86 PB Ratio is 4.90 as of Jul. 11, 2026, which is 106% above its 10-year median of 2.38. GuruFocus rates TPE:5434 with a GF Score™ of 86/100 and a GF Value™ of NT$343.00 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,416 Hardware companies, Topco Scientific Co ranks worse than 75.41% 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 (2026-07-11), Topco Scientific Co's share price is NT$509.00. Topco Scientific Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$103.97. Hence, Topco Scientific Co's PB Ratio of today is 4.90.

Warning Sign:

Topco Scientific Co Ltd stock PB Ratio (=5.11) is close to 10-year high of 5.11.

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

TPE:5434' s PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.38   Max: 5.11
Current: 4.89

During the past 13 years, Topco Scientific Co's highest PB Ratio was 5.11. The lowest was 1.35. And the median was 2.38.

TPE:5434's PB Ratio is ranked worse than
75.41% of 2416 companies
in the Hardware industry
Industry Median: 2.34 vs TPE:5434: 4.89

During the past 12 months, Topco Scientific Co's average Book Value Per Share Growth Rate was 11.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Topco Scientific Co was 15.80% per year. The lowest was 2.80% per year. And the median was 10.60% per year.

Back to Basics: PB Ratio


Topco Scientific Co  (TPE:5434) 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.


Topco Scientific Co PB Ratio Related Terms


Topco Scientific Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Topco Scientific 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.

Topco Scientific Co PB Ratio Chart

Topco Scientific 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 2.48 2.30 2.28 3.01 2.80

Topco Scientific 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 3.01 3.03 3.08 3.21 2.80

TPE:5434 vs SNX, ARW, AVT: PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, Topco Scientific 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.


Topco Scientific Co PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Topco Scientific Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Topco Scientific Co's PB Ratio falls into.


TPE:5434
86GF Score
Topco Scientific Co Ltd TPE:5434
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topco Scientific 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.

Topco Scientific Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=509.00/103.973
=4.90

* 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 4.90 mean?
Topco Scientific Co (TPE:5434) has a PB Ratio of 4.90 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 Topco Scientific Co and its competitors. This is 106% above median its historical median of 2.38. Over the past decade, Topco Scientific Co's PB Ratio has ranged from 1.35 to 5.11. According to the industry distribution chart, Topco Scientific Co ranks #1822 out of 2416 companies in the Hardware industry, placing it in the top 75.4%.
Is Topco Scientific Co's PB Ratio too high?
Topco Scientific Co's current PB Ratio of 4.90 is 106% above median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 5.11. The Hardware industry median PB Ratio is 2.34. Topco Scientific Co's value of 4.90 is 109.4% above this industry median. Based on the distribution chart, Topco Scientific Co ranks #1822 out of 2416 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Topco Scientific Co has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Topco Scientific Co's PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Topco Scientific Co ranks #1822 out of 2416 companies for PB Ratio. This places Topco Scientific Co in the lower half of its industry. The industry median PB Ratio is 2.34. Topco Scientific Co's value of 4.90 is 109.4% above this benchmark. Historically, Topco Scientific Co's own PB Ratio has ranged from 1.35 to 5.11 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 2.34, Topco Scientific 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 Hardware company?
The median PB Ratio among Hardware companies is 2.34, based on 2,416 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. Topco Scientific Co's current PB Ratio of 4.90 is 109.4% 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 Topco Scientific Co and its competitors. For the Hardware industry, the median PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topco Scientific Co's current PB Ratio is 4.90, which is 106% above median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topco Scientific Co stock overvalued right now?
Based on GuruFocus' analysis, Topco Scientific Co (TPE:5434) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$343.00, compared to a current price of NT$509.00 — trading 48.4% above its estimated fair value. The current PB Ratio is 4.90, which is 106% above median its 10-year median of 2.38 and 109.4% above the Hardware industry median of 2.34. Topco Scientific Co's overall GF Score™ is 86/100 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 Topco Scientific Co (TPE:5434), the current PB Ratio is 4.90 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 Topco Scientific Co (TPE:5434) Overvalued in 2026?

Based on GuruFocus' analysis, Topco Scientific Co stock appears to be overvalued. The current stock price of NT$509.00 is trading 48.4% above its estimated GF Value™ of NT$343.00. GuruFocus considers Topco Scientific Co to be Significantly Overvalued.

Key valuation signals for TPE:5434:

  • PB Ratio: 4.90 (106% above median its 10-year median of 2.38)
  • GF Value™: NT$343.00 vs. price of NT$509.00 (48.4% above fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 109.4% above the Hardware median (#1822 of 2416)

No single metric tells the full story. See the TPE:5434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topco Scientific Co Business Description

Address No. 176 Zhouzi Street, 6th Floor, Neihu District, Taipei, TWN
Topco Scientific Co Ltd engages in the trading of electronics products, high technology products and related materials and components, pollution prevention equipment; designing and installation of water purification and recycling systems, solar energy materials; providing solar energy system integration services and operation power of solar stations, as well as setting up a sport center that operates and provides sport training programs. The company's reportable segments include the advance material division, the semiconductor and electronics division and the environmental engineering group. The majority of the company's revenue is derived from the semiconductor and electronics division.
86GF Score

Get the complete analysis for TPE:5434

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

NT$509.00
Price
NT$343.00
GF Value