Zhong Yang Technology Co (TPE:6668) PB Ratio: 1.89 (As of Jul. 09, 2026) — 15% Below Median


TPE:6668 Zhong Yang Technology Co Ltd TPE:6668
60 GF Score
Price NT$37.90
GF Value NT$51.31
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Zhong Yang Technology Co PB Ratio?

Zhong Yang Technology Co TPE:6668 +1.61% 60 PB Ratio is 1.89 as of Jul. 09, 2026, which is 15% below its 10-year median of 2.23. GuruFocus rates TPE:6668 with a GF Score™ of 60/100 and a GF Value™ of NT$51.31 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,414 Hardware companies, Zhong Yang Technology Co ranks better than 59.2% 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), Zhong Yang Technology Co's share price is NT$37.90. Zhong Yang Technology Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$20.10. Hence, Zhong Yang Technology Co's PB Ratio of today is 1.89.

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

TPE:6668' s PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.23   Max: 7.42
Current: 1.89

During the past 11 years, Zhong Yang Technology Co's highest PB Ratio was 7.42. The lowest was 1.37. And the median was 2.23.

TPE:6668's PB Ratio is ranked better than
59.2% of 2414 companies
in the Hardware industry
Industry Median: 2.32 vs TPE:6668: 1.89

During the past 12 months, Zhong Yang Technology Co's average Book Value Per Share Growth Rate was -2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.10% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhong Yang Technology Co was 122.60% per year. The lowest was -9.80% per year. And the median was -1.00% per year.

Back to Basics: PB Ratio


Zhong Yang Technology Co  (TPE:6668) 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.


Zhong Yang Technology Co PB Ratio Related Terms


Zhong Yang Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhong Yang Technology 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.

Zhong Yang Technology Co PB Ratio Chart

Zhong Yang Technology 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 2.10 1.70 2.48 2.55 1.89

Zhong Yang Technology 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 2.55 2.79 2.32 2.14 1.89

TPE:6668 vs APH, GLW: PB Ratio Comparison

For the Electronic Components subindustry, Zhong Yang Technology 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.


Zhong Yang Technology Co PB Ratio vs Hardware Industry

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

* The bar in red indicates where Zhong Yang Technology Co's PB Ratio falls into.


TPE:6668
60GF Score
Zhong Yang Technology Co Ltd TPE:6668
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhong Yang Technology 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.

Zhong Yang Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=37.90/20.1
=1.89

* 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 1.89 mean?
Zhong Yang Technology Co (TPE:6668) has a PB Ratio of 1.89 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 Zhong Yang Technology Co and its competitors. This is 15% below median its historical median of 2.23. Over the past decade, Zhong Yang Technology Co's PB Ratio has ranged from 1.37 to 7.42. According to the industry distribution chart, Zhong Yang Technology Co ranks #985 out of 2414 companies in the Hardware industry, placing it in the top 40.8%.
Is Zhong Yang Technology Co's PB Ratio too high?
Zhong Yang Technology Co's current PB Ratio of 1.89 is 15% below median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 7.42. The Hardware industry median PB Ratio is 2.32. Zhong Yang Technology Co's value of 1.89 is 18.5% below this industry median. Based on the distribution chart, Zhong Yang Technology Co ranks #985 out of 2414 companies in the Hardware industry, which is above the industry midpoint. Overall, Zhong Yang Technology Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhong Yang Technology Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Zhong Yang Technology Co ranks #985 out of 2414 companies for PB Ratio. This puts Zhong Yang Technology Co in the upper half of its industry. The industry median PB Ratio is 2.32. Zhong Yang Technology Co's value of 1.89 is 18.5% below this benchmark. Historically, Zhong Yang Technology Co's own PB Ratio has ranged from 1.37 to 7.42 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 2.32, Zhong Yang Technology 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 Hardware company?
The median PB Ratio among Hardware companies is 2.32, based on 2,414 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. Zhong Yang Technology Co's current PB Ratio of 1.89 is 18.5% 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 Zhong Yang Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhong Yang Technology Co's current PB Ratio is 1.89, which is 15% below median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhong Yang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhong Yang Technology Co (TPE:6668) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$51.31, compared to a current price of NT$37.90 — trading 26.1% below its estimated fair value. The current PB Ratio is 1.89, which is 15% below median its 10-year median of 2.23 and 18.5% below the Hardware industry median of 2.32. Zhong Yang Technology Co's overall GF Score™ is 60/100 with 3 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 Zhong Yang Technology Co (TPE:6668), the current PB Ratio is 1.89 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 Zhong Yang Technology Co (TPE:6668) Overvalued in 2026?

Based on GuruFocus' analysis, Zhong Yang Technology Co stock appears to be undervalued. The current stock price of NT$37.90 is trading 26.1% below its estimated GF Value™ of NT$51.31. GuruFocus considers Zhong Yang Technology Co to be Modestly Undervalued.

Key valuation signals for TPE:6668:

  • PB Ratio: 1.89 (15% below median its 10-year median of 2.23)
  • GF Value™: NT$51.31 vs. price of NT$37.90 (26.1% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 18.5% below the Hardware median (#985 of 2414)

No single metric tells the full story. See the TPE:6668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhong Yang Technology Co Business Description

Address No. 21, Gongyequ 22nd Road, Nantun District, Taichung, TWN, 40850
Zhong Yang Technology Co Ltd is a company engaged in the research and development, manufacturing, and sales of optical mold products. The company is also involved in the production of molds which are used to produce the lens for a cell phone, a car with the camera, and other kinds of optical modules. Its products have applications in various industries such as mobile phones, automobiles, and others. Its geographical segments include China, Taiwan, Korea, and Other countries.
60GF Score

Get the complete analysis for TPE:6668

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

NT$37.90
Price
NT$51.31
GF Value