Taiwan PaihoTPE:9938 -0.77%78 PB Ratio is 1.01 as of Jul. 07, 2026, which is 53% below its 10-year median of 2.16. GuruFocus rates TPE:9938 with a GF Score™ of 78/100 and a GF Value™ of NT$68.91 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 997 Manufacturing - Apparel & Accessories companies, Taiwan Paiho ranks better than 52.06% 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 (2026-07-07), Taiwan Paiho's share price is NT$45.05. Taiwan Paiho's Book Value per Share for the quarter that ended in Dec. 2025 was NT$44.73. Hence, Taiwan Paiho's PB Ratio of today is 1.01.
Good Sign:
Taiwan Paiho Ltd stock PB Ratio (=1.03) is close to 10-year low of 0.96.
The historical rank and industry rank for Taiwan Paiho's PB Ratio or its related term are showing as below:
TPE:9938'
s PB Ratio Range Over the Past 10 Years
Min: 0.96 Med: 2.16 Max: 5.55
Current: 1.01
During the past 13 years, Taiwan Paiho's highest PB Ratio was 5.55. The lowest was 0.96. And the median was 2.16.
During the past 12 months, Taiwan Paiho's average Book Value Per Share Growth Rate was 1.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Taiwan Paiho was 11.40% per year. The lowest was 4.20% per year. And the median was 6.40% 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.
Taiwan Paiho PB Ratio Related Terms
Taiwan Paiho PB Ratio Historical Data
* Premium members only.
The historical data trend for Taiwan Paiho'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 Textile Manufacturing subindustry, Taiwan Paiho'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.
Taiwan Paiho PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Taiwan Paiho's PB Ratio distribution charts can be found below:
* The bar in red indicates where Taiwan Paiho'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.
Taiwan Paiho's PB Ratio for today is calculated as follows:
* 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.
Taiwan Paiho (TPE:9938) has a PB Ratio of 1.01 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Taiwan Paiho and its competitors. This is 53% below median its historical median of 2.16. Over the past decade, Taiwan Paiho's PB Ratio has ranged from 0.96 to 5.55. According to the industry distribution chart, Taiwan Paiho ranks #478 out of 997 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 47.9%.
Is Taiwan Paiho's PB Ratio too high?
Taiwan Paiho's current PB Ratio of 1.01 is 53% below median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 5.55. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. Taiwan Paiho's value of 1.01 is 6.5% below this industry median. Based on the distribution chart, Taiwan Paiho ranks #478 out of 997 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Taiwan Paiho has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Paiho's PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Taiwan Paiho ranks #478 out of 997 companies for PB Ratio. This puts Taiwan Paiho in the upper half of its industry. The industry median PB Ratio is 1.08. Taiwan Paiho's value of 1.01 is 6.5% below this benchmark. Historically, Taiwan Paiho's own PB Ratio has ranged from 0.96 to 5.55 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 1.08, Taiwan Paiho 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.08, based on 997 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. Taiwan Paiho's current PB Ratio of 1.01 is 6.5% 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 Taiwan Paiho and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Paiho's current PB Ratio is 1.01, which is 53% below median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Paiho stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Paiho (TPE:9938) is currently considered Possible Value Trap. The stock's GF Value™ is NT$68.91, compared to a current price of NT$45.05 — trading 34.6% below its estimated fair value. The current PB Ratio is 1.01, which is 53% below median its 10-year median of 2.16 and 6.5% below the Manufacturing - Apparel & Accessories industry median of 1.08. Taiwan Paiho's overall GF Score™ is 78/100 with 7 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 Taiwan Paiho (TPE:9938), the current PB Ratio is 1.01 as of Jul. 07, 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 Taiwan Paiho (TPE:9938) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Paiho stock appears to be undervalued.
The current stock price of NT$45.05 is trading 34.6% below its estimated GF Value™ of NT$68.91.
GuruFocus considers Taiwan Paiho to be Possible Value Trap.
Key valuation signals for TPE:9938:
PB Ratio: 1.01 (53% below median its 10-year median of 2.16)
GF Value™: NT$68.91 vs. price of NT$45.05 (34.6% below fair value)
Industry Position: 6.5% below the Manufacturing - Apparel & Accessories median (#478 of 997)
No single metric tells the full story. See the TPE:9938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Paiho Ltd manufactures and sells touch fasteners, webbing, shoelaces, elastic, easy tape, and related superficial materials, as well as residential buildings constructed by entrusted construction contractors. The Group is also engaged in the construction business, including the sale of housing, shopping centers, and office buildings constructed by entrusted construction contractors. The Group operates through two reportable segments: Production, which generates maximum revenue, and Construction. Its business mainly operates in Taiwan, China, and Vietnam, with maximum revenue generated from Vietnam.
78GF Score
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