Taiwan Steel Union CoTPE:6581 87 PB Ratio is 2.64 as of Jul. 09, 2026, which is 4% below its 10-year median of 2.74. GuruFocus rates TPE:6581 with a GF Score™ of 87/100 and a GF Value™ of NT$96.94 (Fairly Valued). The stock has 5 warning signs investors should review. Among 228 Waste Management companies, Taiwan Steel Union Co ranks worse than 69.3% on this metric.
Taiwan Steel Union Co Ltd stock PB Ratio (=2.64) is close to 3-year low of 2.4.
The historical rank and industry rank for Taiwan Steel Union Co's PB Ratio or its related term are showing as below:
TPE:6581'
s PB Ratio Range Over the Past 10 Years
Min: 1.57 Med: 2.74 Max: 7.33
Current: 2.64
During the past 13 years, Taiwan Steel Union Co's highest PB Ratio was 7.33. The lowest was 1.57. And the median was 2.74.
TPE:6581's PB Ratio is ranked worse than 69.3% of 228
companies
in the Waste Management industry
Industry Median: 1.59
vs TPE:6581: 2.64
During the past 12 months, Taiwan Steel Union Co's average Book Value Per Share Growth Rate was 0.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Taiwan Steel Union Co was 28.90% per year. The lowest was 1.20% per year. And the median was 7.15% per year.
Back to Basics: PB Ratio
Taiwan Steel Union Co (TPE:6581) 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 Waste Management subindustry, Taiwan Steel Union 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.
Taiwan Steel Union Co PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Taiwan Steel Union Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Taiwan Steel Union 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.
Taiwan Steel Union Co (TPE:6581) has a PB Ratio of 2.64 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 Taiwan Steel Union Co and its competitors. This is near median its historical median of 2.74. Over the past decade, Taiwan Steel Union Co's PB Ratio has ranged from 1.57 to 7.33. According to the industry distribution chart, Taiwan Steel Union Co ranks #158 out of 228 companies in the Waste Management industry, placing it in the top 69.3%.
Is Taiwan Steel Union Co's PB Ratio too high?
Taiwan Steel Union Co's current PB Ratio of 2.64 is near median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 7.33. The Waste Management industry median PB Ratio is 1.59. Taiwan Steel Union Co's value of 2.64 is 66% above this industry median. Based on the distribution chart, Taiwan Steel Union Co ranks #158 out of 228 companies in the Waste Management industry, which is below the industry midpoint. Overall, Taiwan Steel Union Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Steel Union Co's PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Taiwan Steel Union Co ranks #158 out of 228 companies for PB Ratio. This places Taiwan Steel Union Co in the lower half of its industry. The industry median PB Ratio is 1.59. Taiwan Steel Union Co's value of 2.64 is 66% above this benchmark. Historically, Taiwan Steel Union Co's own PB Ratio has ranged from 1.57 to 7.33 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 1.59, Taiwan Steel Union 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 Waste Management company?
The median PB Ratio among Waste Management companies is 1.59, based on 228 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. Taiwan Steel Union Co's current PB Ratio of 2.64 is 66% 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 Taiwan Steel Union Co and its competitors. For the Waste Management industry, the median PB Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Steel Union Co's current PB Ratio is 2.64, which is near median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Steel Union Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Steel Union Co (TPE:6581) is currently considered Fairly Valued. The stock's GF Value™ is NT$96.94, compared to a current price of NT$106.50 — trading 9.9% above its estimated fair value. The current PB Ratio is 2.64, which is near median its 10-year median of 2.74 and 66% above the Waste Management industry median of 1.59. Taiwan Steel Union Co's overall GF Score™ is 87/100 with 5 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 Taiwan Steel Union Co (TPE:6581), the current PB Ratio is 2.64 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 Taiwan Steel Union Co (TPE:6581) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Steel Union Co stock appears to be overvalued.
The current stock price of NT$106.50 is trading 9.9% above its estimated GF Value™ of NT$96.94.
GuruFocus considers Taiwan Steel Union Co to be Fairly Valued.
Key valuation signals for TPE:6581:
PB Ratio: 2.64 (near median its 10-year median of 2.74)
GF Value™: NT$96.94 vs. price of NT$106.50 (9.9% above fair value)
Industry Position: 66% above the Waste Management median (#158 of 228)
No single metric tells the full story. See the TPE:6581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Steel Union Co Ltd is a Taiwan-based waste management company. The company's main business is to dispose and reuse general industrial waste and hazardous industrial waste, as well as manufacture and trade non-ferrous metal (zinc oxide) and non-metallic mineral products.
87GF Score
Get the complete analysis for TPE:6581
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