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Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Taiwan Glass Ind's annualized net income for the quarter that ended in Mar. 2026 was NT$2,374 Mil. Taiwan Glass Ind's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$48,636 Mil. Therefore, Taiwan Glass Ind's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.88%.
The historical rank and industry rank for Taiwan Glass Ind's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1802'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.74 Med: -0.58 Max: 23.47
Current: 0.8
During the past 13 years, Taiwan Glass Ind's highest Return-on-Tangible-Equity was 23.47%. The lowest was -3.74%. And the median was -0.58%.
TPE:1802's Return-on-Tangible-Equity is ranked worse than 70.2% of 396
companies
in the Building Materials industry
Industry Median: 5.055
vs TPE:1802: 0.80
Taiwan Glass Ind (TPE:1802) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Taiwan Glass Ind Return-on-Tangible-Equity Related Terms
Taiwan Glass Ind Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Taiwan Glass Ind's Return-on-Tangible-Equity 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.
TPE:1802 vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, Taiwan Glass Ind's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Glass Ind Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Taiwan Glass Ind's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Taiwan Glass Ind's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.88% mean?
Taiwan Glass Ind (TPE:1802) has a Return-on-Tangible-Equity of 4.88% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Taiwan Glass Ind and its competitors. According to the industry distribution chart, Taiwan Glass Ind ranks #278 out of 396 companies in the Building Materials industry, placing it in the top 70.2%.
Is Taiwan Glass Ind's Return-on-Tangible-Equity too high?
Taiwan Glass Ind's current Return-on-Tangible-Equity is 4.88%. The Building Materials industry median Return-on-Tangible-Equity is 5.06. Taiwan Glass Ind's value of 4.88% is 3.5% below this industry median. Based on the distribution chart, Taiwan Glass Ind ranks #278 out of 396 companies in the Building Materials industry, which is below the industry midpoint. Overall, Taiwan Glass Ind has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Glass Ind's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiwan Glass Ind ranks #278 out of 396 companies for Return-on-Tangible-Equity. This places Taiwan Glass Ind in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.06. Taiwan Glass Ind's value of 4.88% is 3.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 396 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taiwan Glass Ind's current Return-on-Tangible-Equity of 4.88% is 3.5% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Taiwan Glass Ind and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Glass Ind's current Return-on-Tangible-Equity is 4.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Glass Ind stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Glass Ind (TPE:1802) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.84, compared to a current price of NT$51.00 — trading 170.7% above its estimated fair value. The current Return-on-Tangible-Equity is 4.88% and 3.5% below the Building Materials industry median of 5.06. Taiwan Glass Ind's overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Taiwan Glass Ind (TPE:1802), the current Return-on-Tangible-Equity is 4.88% as of Mar. 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 Glass Ind (TPE:1802) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Glass Ind stock appears to be overvalued.
The current stock price of NT$51.00 is trading 170.7% above its estimated GF Value™ of NT$18.84.
GuruFocus considers Taiwan Glass Ind to be Significantly Overvalued.
Key valuation signals for TPE:1802:
Return-on-Tangible-Equity: 4.88%
GF Value™: NT$18.84 vs. price of NT$51.00 (170.7% above fair value)
Industry Position: 3.5% below the Building Materials median (#278 of 396)
No single metric tells the full story. See the TPE:1802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Glass Ind Corp is engaged in the manufacturing, processing, and selling of various glass products. Its products include flat glass, auto glass, ultra-thin glass, photoelectric glass, fiber glass, and containers, tableware & kitchenware. The company's segments include Flat Glass Segment, engaged in the manufacturing and selling of flat glass; Glass Container Segment, engaged in the manufacturing and selling of glass containers; and Glass Fiber Segment, engaged in the manufacturing and selling of glass fibers. It derives the majority of its revenue from the Flat Glass segment. Geographically, its operations are spread across Taiwan, China, and Other countries.
45GF Score
Get the complete analysis for TPE:1802
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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