Mega Union TechnologyTPE:6944 71 PB Ratio is 9.54 as of Jul. 11, 2026, which is 48% above its 10-year median of 6.44. GuruFocus rates TPE:6944 with a GF Score™ of 71/100 and a GF Value™ of NT$689.19 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,979 Industrial Products companies, Mega Union Technology ranks worse than 91.78% on this metric.
Mega Union Technology Inc stock PB Ratio (=9.54) is close to 3-year high of 9.98.
The historical rank and industry rank for Mega Union Technology's PB Ratio or its related term are showing as below:
TPE:6944'
s PB Ratio Range Over the Past 10 Years
Min: 3.12 Med: 6.44 Max: 9.98
Current: 9.54
During the past 6 years, Mega Union Technology's highest PB Ratio was 9.98. The lowest was 3.12. And the median was 6.44.
TPE:6944's PB Ratio is ranked worse than 91.78% of 2979
companies
in the Industrial Products industry
Industry Median: 2.23
vs TPE:6944: 9.54
During the past 12 months, Mega Union Technology's average Book Value Per Share Growth Rate was 61.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 44.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 58.10% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Mega Union Technology was 67.40% per year. The lowest was 44.00% per year. And the median was 60.60% per year.
Back to Basics: PB Ratio
Mega Union Technology (TPE:6944) 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 Pollution & Treatment Controls subindustry, Mega Union Technology'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.
Mega Union Technology PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mega Union Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mega Union Technology'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.
Mega Union Technology (TPE:6944) has a PB Ratio of 9.54 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 Mega Union Technology and its competitors. This is 48% above median its historical median of 6.44. Over the past decade, Mega Union Technology's PB Ratio has ranged from 3.12 to 9.98. According to the industry distribution chart, Mega Union Technology ranks #2734 out of 2979 companies in the Industrial Products industry, placing it in the top 91.8%.
Is Mega Union Technology's PB Ratio too high?
Mega Union Technology's current PB Ratio of 9.54 is 48% above median its 10-year median of 6.44. Over the past 10 years, this metric has ranged from a low of 3.12 to a high of 9.98. The Industrial Products industry median PB Ratio is 2.23. Mega Union Technology's value of 9.54 is 327.8% above this industry median. Based on the distribution chart, Mega Union Technology ranks #2734 out of 2979 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Mega Union Technology has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mega Union Technology's PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Mega Union Technology ranks #2734 out of 2979 companies for PB Ratio. This places Mega Union Technology in the lower half of its industry. The industry median PB Ratio is 2.23. Mega Union Technology's value of 9.54 is 327.8% above this benchmark. Historically, Mega Union Technology's own PB Ratio has ranged from 3.12 to 9.98 over the past decade. While the company's 10-year median is 6.44 vs. the industry median of 2.23, Mega Union Technology 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.23, based on 2,979 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. Mega Union Technology's current PB Ratio of 9.54 is 327.8% 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 Mega Union Technology and its competitors. For the Industrial Products industry, the median PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Union Technology's current PB Ratio is 9.54, which is 48% above median its own 10-year median of 6.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Union Technology stock overvalued right now?
Based on GuruFocus' analysis, Mega Union Technology (TPE:6944) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$689.19, compared to a current price of NT$998.00 — trading 44.8% above its estimated fair value. The current PB Ratio is 9.54, which is 48% above median its 10-year median of 6.44 and 327.8% above the Industrial Products industry median of 2.23. Mega Union Technology's overall GF Score™ is 71/100 with 4 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 Mega Union Technology (TPE:6944), the current PB Ratio is 9.54 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 Mega Union Technology (TPE:6944) Overvalued in 2026?
Based on GuruFocus' analysis, Mega Union Technology stock appears to be overvalued.
The current stock price of NT$998.00 is trading 44.8% above its estimated GF Value™ of NT$689.19.
GuruFocus considers Mega Union Technology to be Significantly Overvalued.
Key valuation signals for TPE:6944:
PB Ratio: 9.54 (48% above median its 10-year median of 6.44)
GF Value™: NT$689.19 vs. price of NT$998.00 (44.8% above fair value)
Industry Position: 327.8% above the Industrial Products median (#2734 of 2979)
No single metric tells the full story. See the TPE:6944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mega Union Technology Inc is engaged in the planning, design, and installation of ultrapure water and wastewater recycling systems. It focuses on water recovery and recycling, prolonging the cycle life of water, and reducing the depletion of water resources. It offers Seawater desalination/general industrial water/ultrapure water production systems; Wastewater Treatment Systems / Recycled Water Treatment Systems; and Chemical Recycling Manufacturing Systems. The company's operating segments include the Construction segment and Other segments.
71GF Score
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