Great Taipei GasTPE:9908 +0.51%87 PB Ratio is 1.06 as of Jul. 05, 2026, which is 17% below its 10-year median of 1.28. GuruFocus rates TPE:9908 with a GF Score™ of 87/100 and a GF Value™ of NT$31.57 (Fairly Valued). The stock has 4 warning signs investors should review. Among 502 Utilities - Regulated companies, Great Taipei Gas ranks better than 65.14% 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 (2026-07-05), Great Taipei Gas's share price is NT$29.80. Great Taipei Gas's Book Value per Share for the quarter that ended in Dec. 2025 was NT$28.19. Hence, Great Taipei Gas's PB Ratio of today is 1.06.
Good Sign:
Great Taipei Gas Corp stock PB Ratio (=1.06) is close to 10-year low of 1.03.
The historical rank and industry rank for Great Taipei Gas's PB Ratio or its related term are showing as below:
TPE:9908'
s PB Ratio Range Over the Past 10 Years
Min: 1.03 Med: 1.28 Max: 1.58
Current: 1.06
During the past 13 years, Great Taipei Gas's highest PB Ratio was 1.58. The lowest was 1.03. And the median was 1.28.
TPE:9908's PB Ratio is ranked better than 65.14% of 502
companies
in the Utilities - Regulated industry
Industry Median: 1.435
vs TPE:9908: 1.06
During the past 12 months, Great Taipei Gas's average Book Value Per Share Growth Rate was 3.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Great Taipei Gas was 7.00% per year. The lowest was 0.00% per year. And the median was 3.00% per year.
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.
Great Taipei Gas PB Ratio Related Terms
Great Taipei Gas PB Ratio Historical Data
* Premium members only.
The historical data trend for Great Taipei Gas'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.
For the Utilities - Regulated Gas subindustry, Great Taipei Gas'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.
Great Taipei Gas PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Great Taipei Gas's PB Ratio distribution charts can be found below:
* The bar in red indicates where Great Taipei Gas'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.
Great Taipei Gas (TPE:9908) has a PB Ratio of 1.06 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Great Taipei Gas and its competitors. This is 17% below median its historical median of 1.28. Over the past decade, Great Taipei Gas' PB Ratio has ranged from 1.03 to 1.58. According to the industry distribution chart, Great Taipei Gas ranks #175 out of 502 companies in the Utilities - Regulated industry, placing it in the top 34.9%.
Is Great Taipei Gas' PB Ratio too high?
Great Taipei Gas' current PB Ratio of 1.06 is 17% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 1.58. The Utilities - Regulated industry median PB Ratio is 1.44. Great Taipei Gas' value of 1.06 is 26.1% below this industry median. Based on the distribution chart, Great Taipei Gas ranks #175 out of 502 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Great Taipei Gas has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Great Taipei Gas' PB Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Great Taipei Gas ranks #175 out of 502 companies for PB Ratio. This puts Great Taipei Gas in the upper half of its industry. The industry median PB Ratio is 1.44. Great Taipei Gas' value of 1.06 is 26.1% below this benchmark. Historically, Great Taipei Gas' own PB Ratio has ranged from 1.03 to 1.58 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.44, Great Taipei Gas 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 an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.44, based on 502 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. Great Taipei Gas's current PB Ratio of 1.06 is 26.1% 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 Great Taipei Gas and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Great Taipei Gas's current PB Ratio is 1.06, which is 17% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Taipei Gas stock overvalued right now?
Based on GuruFocus' analysis, Great Taipei Gas (TPE:9908) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.57, compared to a current price of NT$29.80 — trading 5.6% below its estimated fair value. The current PB Ratio is 1.06, which is 17% below median its 10-year median of 1.28 and 26.1% below the Utilities - Regulated industry median of 1.44. Great Taipei Gas' overall GF Score™ is 87/100 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 Great Taipei Gas (TPE:9908), the current PB Ratio is 1.06 as of Jul. 05, 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 Great Taipei Gas (TPE:9908) Overvalued in 2026?
Based on GuruFocus' analysis, Great Taipei Gas stock appears to be undervalued.
The current stock price of NT$29.80 is trading 5.6% below its estimated GF Value™ of NT$31.57.
GuruFocus considers Great Taipei Gas to be Fairly Valued.
Key valuation signals for TPE:9908:
PB Ratio: 1.06 (17% below median its 10-year median of 1.28)
GF Value™: NT$31.57 vs. price of NT$29.80 (5.6% below fair value)
Industry Position: 26.1% below the Utilities - Regulated median (#175 of 502)
No single metric tells the full story. See the TPE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Great Taipei Gas Corp is engaged in the supply of gas, the manufacture and supply of gas equipment and related equipment, the marketing of gas equipment, the sale of meters and gauges (gas meters), the Type I telecommunications business, and the office building rental business. Its operating segments are: Gas sales department, which generates maximum revenue; Equipment department; Investment department; Telecom department; and Others.
87GF Score
Get the complete analysis for TPE:9908
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:9908 has been successfully added to your 
