HD Renewable Energy Co (TPE:6873) PB Ratio: 1.22 (As of Jul. 06, 2026) — 53% Below Median


TPE:6873 HD Renewable Energy Co Ltd TPE:6873
75 GF Score
Price NT$89.50
GF Value NT$148.49
Valuation Possible Value Trap
! 9 Warning Signs
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What is HD Renewable Energy Co PB Ratio?

HD Renewable Energy Co TPE:6873 +3.95% 75 PB Ratio is 1.22 as of Jul. 06, 2026, which is 53% below its 10-year median of 2.60. GuruFocus rates TPE:6873 with a GF Score™ of 75/100 and a GF Value™ of NT$148.49 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,718 Construction companies, HD Renewable Energy Co ranks better than 55.76% 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 (2026-07-06), HD Renewable Energy Co's share price is NT$89.50. HD Renewable Energy Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$73.42. Hence, HD Renewable Energy Co's PB Ratio of today is 1.22.

Good Sign:

HD Renewable Energy Co Ltd stock PB Ratio (=1.17) is close to 5-year low of 1.07.

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

TPE:6873' s PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 2.6   Max: 5.29
Current: 1.22

During the past 8 years, HD Renewable Energy Co's highest PB Ratio was 5.29. The lowest was 1.07. And the median was 2.60.

TPE:6873's PB Ratio is ranked better than
55.76% of 1718 companies
in the Construction industry
Industry Median: 1.34 vs TPE:6873: 1.22

During the past 12 months, HD Renewable Energy Co's average Book Value Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 29.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 52.10% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of HD Renewable Energy Co was 130.50% per year. The lowest was 29.60% per year. And the median was 74.40% per year.

Back to Basics: PB Ratio


HD Renewable Energy Co  (TPE:6873) 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.


HD Renewable Energy Co PB Ratio Related Terms


HD Renewable Energy Co PB Ratio Historical Data

* Premium members only.

The historical data trend for HD Renewable Energy 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.

HD Renewable Energy Co PB Ratio Chart

HD Renewable Energy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 3.14 2.36 2.36 2.74 1.34

HD Renewable Energy Co Quarterly Data
Dec20 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 2.74 2.66 2.92 1.77 1.34

TPE:6873 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, HD Renewable Energy 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.


HD Renewable Energy Co PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, HD Renewable Energy Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where HD Renewable Energy Co's PB Ratio falls into.


TPE:6873
75GF Score
HD Renewable Energy Co Ltd TPE:6873
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HD Renewable Energy 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.

HD Renewable Energy Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=89.50/73.416
=1.22

* 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 1.22 mean?
HD Renewable Energy Co (TPE:6873) has a PB Ratio of 1.22 as of Jul. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on HD Renewable Energy Co and its competitors. This is 53% below median its historical median of 2.60. Over the past decade, HD Renewable Energy Co's PB Ratio has ranged from 1.07 to 5.29. According to the industry distribution chart, HD Renewable Energy Co ranks #760 out of 1718 companies in the Construction industry, placing it in the top 44.2%.
Is HD Renewable Energy Co's PB Ratio too high?
HD Renewable Energy Co's current PB Ratio of 1.22 is 53% below median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 5.29. The Construction industry median PB Ratio is 1.34. HD Renewable Energy Co's value of 1.22 is 9% below this industry median. Based on the distribution chart, HD Renewable Energy Co ranks #760 out of 1718 companies in the Construction industry, which is above the industry midpoint. Overall, HD Renewable Energy Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HD Renewable Energy Co's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, HD Renewable Energy Co ranks #760 out of 1718 companies for PB Ratio. This puts HD Renewable Energy Co in the upper half of its industry. The industry median PB Ratio is 1.34. HD Renewable Energy Co's value of 1.22 is 9% below this benchmark. Historically, HD Renewable Energy Co's own PB Ratio has ranged from 1.07 to 5.29 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 1.34, HD Renewable Energy 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 Construction company?
The median PB Ratio among Construction companies is 1.34, based on 1,718 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. HD Renewable Energy Co's current PB Ratio of 1.22 is 9% 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 HD Renewable Energy Co and its competitors. For the Construction industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HD Renewable Energy Co's current PB Ratio is 1.22, which is 53% below median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HD Renewable Energy Co stock overvalued right now?
Based on GuruFocus' analysis, HD Renewable Energy Co (TPE:6873) is currently considered Possible Value Trap. The stock's GF Value™ is NT$148.49, compared to a current price of NT$89.50 — trading 39.7% below its estimated fair value. The current PB Ratio is 1.22, which is 53% below median its 10-year median of 2.60 and 9% below the Construction industry median of 1.34. HD Renewable Energy Co's overall GF Score™ is 75/100 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 HD Renewable Energy Co (TPE:6873), the current PB Ratio is 1.22 as of Jul. 06, 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 HD Renewable Energy Co (TPE:6873) Overvalued in 2026?

Based on GuruFocus' analysis, HD Renewable Energy Co stock appears to be undervalued. The current stock price of NT$89.50 is trading 39.7% below its estimated GF Value™ of NT$148.49. GuruFocus considers HD Renewable Energy Co to be Possible Value Trap.

Key valuation signals for TPE:6873:

  • PB Ratio: 1.22 (53% below median its 10-year median of 2.60)
  • GF Value™: NT$148.49 vs. price of NT$89.50 (39.7% below fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 9% below the Construction median (#760 of 1718)

No single metric tells the full story. See the TPE:6873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HD Renewable Energy Co Business Description

Address No. 35, Dexing West Road, 5th Floor, Shilin District, Taipei, TWN, 111
HD Renewable Energy Co Ltd is engaged in the development, investment, and operation of large-scale renewable energy power generation business. Based on photovoltaics, it is gradually expanding into core businesses such as power generation, energy storage, electricity sales, and charging, and providing comprehensive green energy solutions with AI-powered smart green power systems, making green power supply more stable and intelligent.
75GF Score

Get the complete analysis for TPE:6873

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

NT$89.50
Price
NT$148.49
GF Value