Globe Union IndustrialTPE:9934 +2.20%75 PB Ratio is 0.69 as of Jun. 26, 2026, which is 32% below its 10-year median of 1.02. GuruFocus rates TPE:9934 with a GF Score™ of 75/100 and a GF Value™ of NT$11.70 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,722 Construction companies, Globe Union Industrial ranks better than 76.02% on this metric.
The historical rank and industry rank for Globe Union Industrial's PB Ratio or its related term are showing as below:
TPE:9934'
s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 1.02 Max: 1.49
Current: 0.69
During the past 13 years, Globe Union Industrial's highest PB Ratio was 1.49. The lowest was 0.62. And the median was 1.02.
TPE:9934's PB Ratio is ranked better than 76.02% of 1722
companies
in the Construction industry
Industry Median: 1.31
vs TPE:9934: 0.69
During the past 12 months, Globe Union Industrial's average Book Value Per Share Growth Rate was -5.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Globe Union Industrial was 19.00% per year. The lowest was -8.30% per year. And the median was -1.60% per year.
Back to Basics: PB Ratio
Globe Union Industrial (TPE:9934) 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 Building Products & Equipment subindustry, Globe Union Industrial'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.
Globe Union Industrial PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Globe Union Industrial's PB Ratio distribution charts can be found below:
* The bar in red indicates where Globe Union Industrial'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.
Globe Union Industrial (TPE:9934) has a PB Ratio of 0.69 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Globe Union Industrial and its competitors. This is 32% below median its historical median of 1.02. Over the past decade, Globe Union Industrial's PB Ratio has ranged from 0.62 to 1.49. According to the industry distribution chart, Globe Union Industrial ranks #413 out of 1722 companies in the Construction industry, placing it in the top 24%.
Is Globe Union Industrial's PB Ratio too high?
Globe Union Industrial's current PB Ratio of 0.69 is 32% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.49. The Construction industry median PB Ratio is 1.31. Globe Union Industrial's value of 0.69 is 47.3% below this industry median. Based on the distribution chart, Globe Union Industrial ranks #413 out of 1722 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Globe Union Industrial has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globe Union Industrial's PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Globe Union Industrial ranks #413 out of 1722 companies for PB Ratio. This places Globe Union Industrial in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.31. Globe Union Industrial's value of 0.69 is 47.3% below this benchmark. Historically, Globe Union Industrial's own PB Ratio has ranged from 0.62 to 1.49 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.31, Globe Union Industrial 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 a Construction company?
The median PB Ratio among Construction companies is 1.31, based on 1,722 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. Globe Union Industrial's current PB Ratio of 0.69 is 47.3% 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 Globe Union Industrial and its competitors. For the Construction industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Union Industrial's current PB Ratio is 0.69, which is 32% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Union Industrial stock overvalued right now?
Based on GuruFocus' analysis, Globe Union Industrial (TPE:9934) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$11.70, compared to a current price of NT$10.20 — trading 12.8% below its estimated fair value. The current PB Ratio is 0.69, which is 32% below median its 10-year median of 1.02 and 47.3% below the Construction industry median of 1.31. Globe Union Industrial's overall GF Score™ is 75/100 with 3 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 Globe Union Industrial (TPE:9934), the current PB Ratio is 0.69 as of Jun. 26, 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 Globe Union Industrial (TPE:9934) Overvalued in 2026?
Based on GuruFocus' analysis, Globe Union Industrial stock appears to be undervalued.
The current stock price of NT$10.20 is trading 12.8% below its estimated GF Value™ of NT$11.70.
GuruFocus considers Globe Union Industrial to be Modestly Undervalued.
Key valuation signals for TPE:9934:
PB Ratio: 0.69 (32% below median its 10-year median of 1.02)
GF Value™: NT$11.70 vs. price of NT$10.20 (12.8% below fair value)
Industry Position: 47.3% below the Construction median (#413 of 1722)
No single metric tells the full story. See the TPE:9934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe Union Industrial Corp specializes in the manufacturing and sale of plumbing products. The main products of the company are faucets, showerheads, and vitreous china. It has two segments: Segment A: In charge of selling faucets and other plumbing products and providing related services. Segment B: In charge of manufacturing faucets and other plumbing products. The company operates through geographic segments which consist of Britain, Mainland China, United States, and Canada, and the majority of revenue comes from the United States segment.
75GF Score
Get the complete analysis for TPE:9934
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