TPE:8341's PB Ratio is ranked worse than 59.21% of 228
companies
in the Waste Management industry
Industry Median: 1.6
vs TPE:8341: 1.90
During the past 12 months, Sunny Friend Environmental Technology Co's average Book Value Per Share Growth Rate was 1.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sunny Friend Environmental Technology Co was 20.50% per year. The lowest was 1.80% per year. And the median was 12.40% per year.
Back to Basics: PB Ratio
Sunny Friend Environmental Technology Co (TPE:8341) 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.
Sunny Friend Environmental Technology Co PB Ratio Related Terms
Sunny Friend Environmental Technology Co PB Ratio Historical Data
* 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.
Sunny Friend Environmental Technology Co PB Ratio Chart
Sunny Friend Environmental Technology Co Annual Data
For the Waste Management subindustry, Sunny Friend Environmental 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.
Sunny Friend Environmental Technology Co PB Ratio vs Waste Management Industry
Sunny Friend Environmental 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.
* 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.
Sunny Friend Environmental Technology Co (TPE:8341) has a PB Ratio of 1.88 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sunny Friend Environmental Technology Co and its competitors. This is 73% below median its historical median of 6.98. Over the past decade, Sunny Friend Environmental Technology Co's PB Ratio has ranged from 1.83 to 12.15. According to the industry distribution chart, Sunny Friend Environmental Technology Co ranks #135 out of 228 companies in the Waste Management industry, placing it in the top 59.2%.
Is Sunny Friend Environmental Technology Co's PB Ratio too high?
Sunny Friend Environmental Technology Co's current PB Ratio of 1.88 is 73% below median its 10-year median of 6.98. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 12.15. The Waste Management industry median PB Ratio is 1.60. Sunny Friend Environmental Technology Co's value of 1.88 is 17.5% above this industry median. Based on the distribution chart, Sunny Friend Environmental Technology Co ranks #135 out of 228 companies in the Waste Management industry, which is below the industry midpoint. Overall, Sunny Friend Environmental Technology Co has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sunny Friend Environmental Technology Co's PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Sunny Friend Environmental Technology Co ranks #135 out of 228 companies for PB Ratio. This places Sunny Friend Environmental Technology Co in the lower half of its industry. The industry median PB Ratio is 1.60. Sunny Friend Environmental Technology Co's value of 1.88 is 17.5% above this benchmark. Historically, Sunny Friend Environmental Technology Co's own PB Ratio has ranged from 1.83 to 12.15 over the past decade. While the company's 10-year median is 6.98 vs. the industry median of 1.60, Sunny Friend Environmental Technology 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 1.60, 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. Sunny Friend Environmental Technology Co's current PB Ratio of 1.88 is 17.5% 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 Sunny Friend Environmental Technology Co and its competitors. For the Waste Management industry, the median PB Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunny Friend Environmental Technology Co's current PB Ratio is 1.88, which is 73% below median its own 10-year median of 6.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunny Friend Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sunny Friend Environmental Technology Co (TPE:8341) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$112.40, compared to a current price of NT$77.10 — trading 31.4% below its estimated fair value. The current PB Ratio is 1.88, which is 73% below median its 10-year median of 6.98 and 17.5% above the Waste Management industry median of 1.60. Sunny Friend Environmental Technology Co's overall GF Score™ is 79/100 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 Sunny Friend Environmental Technology Co (TPE:8341), the current PB Ratio is 1.88 as of Jul. 03, 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 Sunny Friend Environmental Technology Co (TPE:8341) Overvalued in 2026?
Based on GuruFocus' analysis, Sunny Friend Environmental Technology Co stock appears to be undervalued.
The current stock price of NT$77.10 is trading 31.4% below its estimated GF Value™ of NT$112.40.
GuruFocus considers Sunny Friend Environmental Technology Co to be Significantly Undervalued.
Key valuation signals for TPE:8341:
PB Ratio: 1.88 (73% below median its 10-year median of 6.98)
GF Value™: NT$112.40 vs. price of NT$77.10 (31.4% below fair value)
Industry Position: 17.5% above the Waste Management median (#135 of 228)
No single metric tells the full story. See the TPE:8341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunny Friend Environmental Technology Co Business Description
Sunny Friend Environmental Technology Co operates medical waste treatment plants. It uses technology to handle various types of hazardous waste and collects, incinerates, solidifies, and develops solutions to streamline disposal. Various subsidiaries are in Asia to provide services to medical institutions, dispose of batteries, and offer waste treatment and engineering consultations. The company works to recover materials from waste, recycle resources, and conduct environmental tests to discover solutions. Removal vehicles improve communication with customers and are fully equipped to monitor and transmit all cleaning and incineration records back to Sunny Friend's data centers. It generates the majority of its revenue from waste disposal.
79GF Score
Get the complete analysis for TPE:8341
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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