Tong Ming Enterprise Co (TPE:5538) ROE % Adjusted to Book Value: 10.20% (As of Dec. 2025)

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TPE:5538 Tong Ming Enterprise Co Ltd TPE:5538
81 GF Score
Price NT$33.45
GF Value NT$30.68
Valuation Fairly Valued
! 6 Warning Signs
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What is Tong Ming Enterprise Co ROE % Adjusted to Book Value?

Tong Ming Enterprise Co TPE:5538 +0.60% 81 ROE % Adjusted to Book Value is 10.20% as of Dec. 2025. GuruFocus rates TPE:5538 with a GF Score™ of 81/100 and a GF Value™ of NT$30.68 (Fairly Valued). The stock has 6 warning signs investors should review.

Tong Ming Enterprise Co's ROE % for the quarter that ended in Dec. 2025 was 8.47%. Tong Ming Enterprise Co's PB Ratio for the quarter that ended in Dec. 2025 was 0.83. Tong Ming Enterprise Co's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 10.20%.


Tong Ming Enterprise Co ROE % Adjusted to Book Value Related Terms


Tong Ming Enterprise Co ROE % Adjusted to Book Value Historical Data

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The historical data trend for Tong Ming Enterprise Co's ROE % Adjusted to Book Value 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.

Tong Ming Enterprise Co ROE % Adjusted to Book Value Chart

Tong Ming Enterprise Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.48 10.94 1.83 9.18 10.06

Tong Ming Enterprise Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROE % Adjusted to Book Value 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 5.39 8.90 8.81 12.18 10.20

TPE:5538 vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison

For the Steel subindustry, Tong Ming Enterprise Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Tong Ming Enterprise Co ROE % Adjusted to Book Value vs Steel Industry

For the Steel industry and Basic Materials sector, Tong Ming Enterprise Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Tong Ming Enterprise Co's ROE % Adjusted to Book Value falls into.


TPE:5538
81GF Score
Tong Ming Enterprise Co Ltd TPE:5538
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tong Ming Enterprise Co ROE % Adjusted to Book Value Calculation

Tong Ming Enterprise Co's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.35% / 0.83
=10.06%

Tong Ming Enterprise Co's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.47% / 0.83
=10.20%

* 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.

What does a ROE % Adjusted to Book Value of 10.20% mean?
Tong Ming Enterprise Co (TPE:5538) has a ROE % Adjusted to Book Value of 10.20% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Tong Ming Enterprise Co and its competitors.
Is Tong Ming Enterprise Co's ROE % Adjusted to Book Value too high?
Tong Ming Enterprise Co's current ROE % Adjusted to Book Value is 10.20%. Overall, Tong Ming Enterprise Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tong Ming Enterprise Co's ROE % Adjusted to Book Value compare to NUE and STLD?
Tong Ming Enterprise Co's ROE % Adjusted to Book Value of 10.20% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Steel company?
A good ROE % Adjusted to Book Value depends on the Steel industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Tong Ming Enterprise Co and its competitors. Tong Ming Enterprise Co's current ROE % Adjusted to Book Value is 10.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Ming Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Tong Ming Enterprise Co (TPE:5538) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.68, compared to a current price of NT$33.45 — trading 9% above its estimated fair value. The current ROE % Adjusted to Book Value is 10.20%. Tong Ming Enterprise Co's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Tong Ming Enterprise Co (TPE:5538), the current ROE % Adjusted to Book Value is 10.20% as of Dec. 2025. 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 Tong Ming Enterprise Co (TPE:5538) Overvalued in 2026?

Based on GuruFocus' analysis, Tong Ming Enterprise Co stock appears to be overvalued. The current stock price of NT$33.45 is trading 9% above its estimated GF Value™ of NT$30.68. GuruFocus considers Tong Ming Enterprise Co to be Fairly Valued.

Key valuation signals for TPE:5538:

  • ROE % Adjusted to Book Value: 10.20%
  • GF Value™: NT$30.68 vs. price of NT$33.45 (9% above fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the TPE:5538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tong Ming Enterprise Co Business Description

Address No. 88, Changsheng East Road, Economic Development Zone, Zhejiang Province, Jiaxing, CHN, 314003
Tong Ming Enterprise Co Ltd is specialized in manufacturing and selling brand stainless steel fasteners and wires. The company derives the maximum revenue from Fasteners products. Geographically, the company operates in China. The company serves industries such as curtain wall, high-speed railways, communication, new energy, shipbuilding, animal husbandry, and foreign engineering projects. It derives maximum revenue from Fasteners followed by Wire, Strategic products, and others.
81GF Score

Get the complete analysis for TPE:5538

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$33.45
Price
NT$30.68
GF Value