Tidehold Development Co (TPE:9902) PB Ratio: 1.16 (As of Jul. 03, 2026) — 30% Above Median


TPE:9902 Tidehold Development Co Ltd TPE:9902
70 GF Score
Price NT$14.25
GF Value NT$25.84
Valuation Possible Value Trap
! 2 Warning Signs
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What is Tidehold Development Co PB Ratio?

Tidehold Development Co TPE:9902 +4.01% 70 PB Ratio is 1.16 as of Jul. 03, 2026, which is 30% above its 10-year median of 0.89. GuruFocus rates TPE:9902 with a GF Score™ of 70/100 and a GF Value™ of NT$25.84 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,711 Real Estate companies, Tidehold Development Co ranks worse than 63% 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 (2026-07-03), Tidehold Development Co's share price is NT$14.25. Tidehold Development Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$12.25. Hence, Tidehold Development Co's PB Ratio of today is 1.16.

Good Sign:

Tidehold Development Co Ltd stock PB Ratio (=1.1) is close to 1-year low of 1.1.

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

TPE:9902' s PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.89   Max: 1.75
Current: 1.15

During the past 13 years, Tidehold Development Co's highest PB Ratio was 1.75. The lowest was 0.53. And the median was 0.89.

TPE:9902's PB Ratio is ranked worse than
63% of 1711 companies
in the Real Estate industry
Industry Median: 0.83 vs TPE:9902: 1.15

During the past 12 months, Tidehold Development Co's average Book Value Per Share Growth Rate was -5.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tidehold Development Co was 6.80% per year. The lowest was -1.00% per year. And the median was 1.75% per year.

Back to Basics: PB Ratio


Tidehold Development Co  (TPE:9902) 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.


Tidehold Development Co PB Ratio Related Terms


Tidehold Development Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Tidehold Development 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.

Tidehold Development Co PB Ratio Chart

Tidehold Development 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 1.00 1.01 1.01 1.20 1.38

Tidehold Development 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 1.20 1.11 1.45 1.23 1.38

TPE:9902 vs CBRE, BEKE, JLL: PB Ratio Comparison

For the Real Estate Services subindustry, Tidehold Development 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.


Tidehold Development Co PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tidehold Development Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tidehold Development Co's PB Ratio falls into.


TPE:9902
70GF Score
Tidehold Development Co Ltd TPE:9902
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tidehold Development 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.

Tidehold Development Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=14.25/12.245
=1.16

* 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 1.16 mean?
Tidehold Development Co (TPE:9902) has a PB Ratio of 1.16 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 Tidehold Development Co and its competitors. This is 30% above median its historical median of 0.89. Over the past decade, Tidehold Development Co's PB Ratio has ranged from 0.53 to 1.75. According to the industry distribution chart, Tidehold Development Co ranks #1078 out of 1711 companies in the Real Estate industry, placing it in the top 63%.
Is Tidehold Development Co's PB Ratio too high?
Tidehold Development Co's current PB Ratio of 1.16 is 30% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.75. The Real Estate industry median PB Ratio is 0.83. Tidehold Development Co's value of 1.16 is 39.8% above this industry median. Based on the distribution chart, Tidehold Development Co ranks #1078 out of 1711 companies in the Real Estate industry, which is below the industry midpoint. Overall, Tidehold Development Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tidehold Development Co's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Tidehold Development Co ranks #1078 out of 1711 companies for PB Ratio. This places Tidehold Development Co in the lower half of its industry. The industry median PB Ratio is 0.83. Tidehold Development Co's value of 1.16 is 39.8% above this benchmark. Historically, Tidehold Development Co's own PB Ratio has ranged from 0.53 to 1.75 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.83, Tidehold Development 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.83, based on 1,711 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. Tidehold Development Co's current PB Ratio of 1.16 is 39.8% 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 Tidehold Development Co and its competitors. For the Real Estate industry, the median PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tidehold Development Co's current PB Ratio is 1.16, which is 30% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidehold Development Co stock overvalued right now?
Based on GuruFocus' analysis, Tidehold Development Co (TPE:9902) is currently considered Possible Value Trap. The stock's GF Value™ is NT$25.84, compared to a current price of NT$14.25 — trading 44.9% below its estimated fair value. The current PB Ratio is 1.16, which is 30% above median its 10-year median of 0.89 and 39.8% above the Real Estate industry median of 0.83. Tidehold Development Co's overall GF Score™ is 70/100 with 2 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 Tidehold Development Co (TPE:9902), the current PB Ratio is 1.16 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 Tidehold Development Co (TPE:9902) Overvalued in 2026?

Based on GuruFocus' analysis, Tidehold Development Co stock appears to be undervalued. The current stock price of NT$14.25 is trading 44.9% below its estimated GF Value™ of NT$25.84. GuruFocus considers Tidehold Development Co to be Possible Value Trap.

Key valuation signals for TPE:9902:

  • PB Ratio: 1.16 (30% above median its 10-year median of 0.89)
  • GF Value™: NT$25.84 vs. price of NT$14.25 (44.9% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 39.8% above the Real Estate median (#1078 of 1711)

No single metric tells the full story. See the TPE:9902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tidehold Development Co Business Description

Address No. 75, Yanping South Road, 2nd - 3rd Floor, Taipei, TWN
Tidehold Development Co Ltd has focused on the development of construction businesses, international trade, and leasing operations, with the objective of achieving business diversification and risk diversification as part of its long-term Plan. Its products are Imported vehicle sales; Environmental sanitation and cleaning vehicles sales; Construction material sales; Rent revenue; and Others. The company has presence in Taiwan.
70GF Score

Get the complete analysis for TPE:9902

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

NT$14.25
Price
NT$25.84
GF Value