Alexander Marine Co (TPE:8478) PB Ratio: 1.62 (As of Jul. 14, 2026) — 33% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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TPE:8478 Alexander Marine Co Ltd TPE:8478
74 GF Score
Price NT$156.50
GF Value NT$292.79
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Alexander Marine Co PB Ratio?

Alexander Marine Co TPE:8478 +1.62% 74 PB Ratio is 1.62 as of Jul. 14, 2026, which is 33% below its 10-year median of 2.43. GuruFocus rates TPE:8478 with a GF Score™ of 74/100 and a GF Value™ of NT$292.79 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Alexander Marine Co ranks worse than 56.18% 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 (2026-07-14), Alexander Marine Co's share price is NT$156.50. Alexander Marine Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$96.36. Hence, Alexander Marine Co's PB Ratio of today is 1.62.

Good Sign:

Alexander Marine Co Ltd stock PB Ratio (=1.6) is close to 5-year low of 1.5.

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

TPE:8478' s PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 2.43   Max: 10.62
Current: 1.63

During the past 13 years, Alexander Marine Co's highest PB Ratio was 10.62. The lowest was 0.92. And the median was 2.43.

TPE:8478's PB Ratio is ranked worse than
56.18% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 1.375 vs TPE:8478: 1.63

During the past 12 months, Alexander Marine Co's average Book Value Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 22.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 31.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alexander Marine Co was 57.40% per year. The lowest was -1.90% per year. And the median was 24.15% per year.

Back to Basics: PB Ratio


Alexander Marine Co  (TPE:8478) 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.


Alexander Marine Co PB Ratio Related Terms


Alexander Marine Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Alexander Marine 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.

Alexander Marine Co PB Ratio Chart

Alexander Marine 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 4.39 5.48 5.73 2.26 1.95

Alexander Marine 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 2.26 1.78 2.31 2.46 1.95

TPE:8478 vs BC, PII, THO: PB Ratio Comparison

For the Recreational Vehicles subindustry, Alexander Marine 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.


Alexander Marine Co PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Alexander Marine Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alexander Marine Co's PB Ratio falls into.


TPE:8478
74GF Score
Alexander Marine Co Ltd TPE:8478
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexander Marine 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.

Alexander Marine Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=156.50/96.36
=1.62

* 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 1.62 mean?
Alexander Marine Co (TPE:8478) has a PB Ratio of 1.62 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Alexander Marine Co and its competitors. This is 33% below median its historical median of 2.43. Over the past decade, Alexander Marine Co's PB Ratio has ranged from 0.92 to 10.62. According to the industry distribution chart, Alexander Marine Co ranks #727 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 56.2%.
Is Alexander Marine Co's PB Ratio too high?
Alexander Marine Co's current PB Ratio of 1.62 is 33% below median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 10.62. The Vehicles & Parts industry median PB Ratio is 1.38. Alexander Marine Co's value of 1.62 is 17.8% above this industry median. Based on the distribution chart, Alexander Marine Co ranks #727 out of 1294 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Alexander Marine Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Marine Co's PB Ratio compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Alexander Marine Co ranks #727 out of 1294 companies for PB Ratio. This places Alexander Marine Co in the lower half of its industry. The industry median PB Ratio is 1.38. Alexander Marine Co's value of 1.62 is 17.8% above this benchmark. Historically, Alexander Marine Co's own PB Ratio has ranged from 0.92 to 10.62 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 1.38, Alexander Marine 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.38, based on 1,294 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. Alexander Marine Co's current PB Ratio of 1.62 is 17.8% 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 Alexander Marine Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexander Marine Co's current PB Ratio is 1.62, which is 33% below median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Marine Co stock overvalued right now?
Based on GuruFocus' analysis, Alexander Marine Co (TPE:8478) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$292.79, compared to a current price of NT$156.50 — trading 46.5% below its estimated fair value. The current PB Ratio is 1.62, which is 33% below median its 10-year median of 2.43 and 17.8% above the Vehicles & Parts industry median of 1.38. Alexander Marine Co's overall GF Score™ is 74/100 with 6 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 Alexander Marine Co (TPE:8478), the current PB Ratio is 1.62 as of Jul. 14, 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 Alexander Marine Co (TPE:8478) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander Marine Co stock appears to be undervalued. The current stock price of NT$156.50 is trading 46.5% below its estimated GF Value™ of NT$292.79. GuruFocus considers Alexander Marine Co to be Significantly Undervalued.

Key valuation signals for TPE:8478:

  • PB Ratio: 1.62 (33% below median its 10-year median of 2.43)
  • GF Value™: NT$292.79 vs. price of NT$156.50 (46.5% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 17.8% above the Vehicles & Parts median (#727 of 1294)

No single metric tells the full story. See the TPE:8478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alexander Marine Co Business Description

Address No. 1, Jin-Fu Road, Qian-Zhen District, Kaohsiung City, TWN, 806
Alexander Marine Co Ltd mainly manufactures and sells yachts. The main operations of the Corporation and its subsidiaries are the manufacturing, processing, and selling of yachts.
74GF Score

Get the complete analysis for TPE:8478

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

NT$156.50
Price
NT$292.79
GF Value