Union Materials (XKRX:047400) PB Ratio: 2.06 (As of Aug. 15, 2026) — 32% Above Median

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Director of Data and Quant Analytics at GuruFocus
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XKRX:047400 Union Materials Corp XKRX:047400
47 GF Score
Price ₩917.00
GF Value ₩2,004.31
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Union Materials PB Ratio?

Union Materials XKRX:047400 +0.88% 47 PB Ratio is 2.06 as of Aug. 15, 2026, which is 32% above its 10-year median of 1.56. GuruFocus rates XKRX:047400 with a GF Score™ of 47/100 and a GF Value™ of ₩2,004.31 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,980 Industrial Products companies, Union Materials ranks better than 53.62% 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 (2026-08-15), Union Materials's share price is ₩917.00. Union Materials's Book Value per Share for the quarter that ended in Mar. 2026 was ₩445.43. Hence, Union Materials's PB Ratio of today is 2.06.

Good Sign:

Union Materials Corp stock PB Ratio (=1.99) is close to 1-year low of 1.96.

The historical rank and industry rank for Union Materials's PB Ratio or its related term are showing as below:

XKRX:047400' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.56   Max: 6.7
Current: 2.06

During the past 13 years, Union Materials's highest PB Ratio was 6.70. The lowest was 0.51. And the median was 1.56.

XKRX:047400's PB Ratio is ranked better than
53.62% of 2980 companies
in the Industrial Products industry
Industry Median: 2.215 vs XKRX:047400: 2.06

During the past 12 months, Union Materials's average Book Value Per Share Growth Rate was 19.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -38.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -30.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -14.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Union Materials was 11.00% per year. The lowest was -43.10% per year. And the median was 0.75% per year.

Back to Basics: PB Ratio


Union Materials  (XKRX:047400) 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.


Union Materials PB Ratio Related Terms


Union Materials PB Ratio Historical Data

* Premium members only.

The historical data trend for Union Materials'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.

Union Materials PB Ratio Chart

Union Materials 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 1.59 1.23 1.91 5.91 2.86

Union Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.23 4.29 3.97 2.86 3.64

XKRX:047400 vs SNA, RBC, SWK: PB Ratio Comparison

For the Tools & Accessories subindustry, Union Materials'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.


Union Materials PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Union Materials's PB Ratio distribution charts can be found below:

* The bar in red indicates where Union Materials's PB Ratio falls into.


XKRX:047400
47GF Score
Union Materials Corp XKRX:047400
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Materials 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.

Union Materials's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=917.00/445.427
=2.06

* 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 2.06 mean?
Union Materials (XKRX:047400) has a PB Ratio of 2.06 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Union Materials and its competitors. This is 32% above median its historical median of 1.56. Over the past decade, Union Materials' PB Ratio has ranged from 0.51 to 6.70. According to the industry distribution chart, Union Materials ranks #1382 out of 2980 companies in the Industrial Products industry, placing it in the top 46.4%.
Is Union Materials' PB Ratio too high?
Union Materials' current PB Ratio of 2.06 is 32% above median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 6.70. The Industrial Products industry median PB Ratio is 2.22. Union Materials' value of 2.06 is 7% below this industry median. Based on the distribution chart, Union Materials ranks #1382 out of 2980 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Union Materials has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Union Materials' PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Union Materials ranks #1382 out of 2980 companies for PB Ratio. This puts Union Materials in the upper half of its industry. The industry median PB Ratio is 2.22. Union Materials' value of 2.06 is 7% below this benchmark. Historically, Union Materials' own PB Ratio has ranged from 0.51 to 6.70 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 2.22, Union Materials 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.22, based on 2,980 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. Union Materials's current PB Ratio of 2.06 is 7% 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 Union Materials and its competitors. For the Industrial Products industry, the median PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Materials's current PB Ratio is 2.06, which is 32% above median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Materials stock overvalued right now?
Based on GuruFocus' analysis, Union Materials (XKRX:047400) is currently considered Possible Value Trap. The stock's GF Value™ is ₩2,004.31, compared to a current price of ₩917.00 — trading 54.2% below its estimated fair value. The current PB Ratio is 2.06, which is 32% above median its 10-year median of 1.56 and 7% below the Industrial Products industry median of 2.22. Union Materials' overall GF Score™ is 47/100 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 Union Materials (XKRX:047400), the current PB Ratio is 2.06 as of Aug. 15, 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 Union Materials (XKRX:047400) Overvalued in 2026?

Based on GuruFocus' analysis, Union Materials stock appears to be undervalued. The current stock price of ₩917.00 is trading 54.2% below its estimated GF Value™ of ₩2,004.31. GuruFocus considers Union Materials to be Possible Value Trap.

Key valuation signals for XKRX:047400:

  • PB Ratio: 2.06 (32% above median its 10-year median of 1.56)
  • GF Value™: ₩2,004.31 vs. price of ₩917.00 (54.2% below fair value)
  • GF Score™: 47/100 with 7 warning signs
  • Industry Position: 7% below the Industrial Products median (#1382 of 2980)

No single metric tells the full story. See the XKRX:047400 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Materials Business Description

Address 151 Seongseo Industrial Complex Nam-ro, Dalseo-gu, Daegu, KOR, 704-320
Union Materials Corp is an International manufacturer of advanced materials. It is an export-oriented industry. Its products include ferrite magnets and various ceramic-based parts and cutting tools.
47GF Score

Get the complete analysis for XKRX:047400

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

₩917.00
Price
₩2,004.31
GF Value