Shin Shin Natural Gas Co (TPE:9918) ROE % Adjusted to Book Value: 3.07% (As of Dec. 2025)


TPE:9918 Shin Shin Natural Gas Co Ltd TPE:9918
83 GF Score
Price NT$43.30
GF Value NT$42.88
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Shin Shin Natural Gas Co ROE % Adjusted to Book Value?

Shin Shin Natural Gas Co TPE:9918 +0.46% 83 ROE % Adjusted to Book Value is 3.07% as of Dec. 2025. GuruFocus rates TPE:9918 with a GF Score™ of 83/100 and a GF Value™ of NT$42.88 (Fairly Valued). The stock has 2 warning signs investors should review.

Shin Shin Natural Gas Co's ROE % for the quarter that ended in Dec. 2025 was 6.57%. Shin Shin Natural Gas Co's PB Ratio for the quarter that ended in Dec. 2025 was 2.14. Shin Shin Natural Gas Co's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 3.07%.


Shin Shin Natural Gas Co ROE % Adjusted to Book Value Related Terms


Shin Shin Natural Gas Co ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Shin Shin Natural Gas 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.

Shin Shin Natural Gas Co ROE % Adjusted to Book Value Chart

Shin Shin Natural Gas 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 4.54 1.88 5.03 5.77 4.03

Shin Shin Natural Gas 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 4.37 5.35 2.83 4.89 3.07

TPE:9918 vs ATO, NI, UGI: ROE % Adjusted to Book Value Comparison

For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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.


Shin Shin Natural Gas Co ROE % Adjusted to Book Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Shin Shin Natural Gas Co's ROE % Adjusted to Book Value falls into.


TPE:9918
83GF Score
Shin Shin Natural Gas Co Ltd TPE:9918
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Shin Natural Gas Co ROE % Adjusted to Book Value Calculation

Shin Shin Natural Gas 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
=8.63% / 2.14
=4.03%

Shin Shin Natural Gas 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
=6.57% / 2.14
=3.07%

* 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 3.07% mean?
Shin Shin Natural Gas Co (TPE:9918) has a ROE % Adjusted to Book Value of 3.07% 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 Shin Shin Natural Gas Co and its competitors.
Is Shin Shin Natural Gas Co's ROE % Adjusted to Book Value too high?
Shin Shin Natural Gas Co's current ROE % Adjusted to Book Value is 3.07%. Overall, Shin Shin Natural Gas Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Natural Gas Co's ROE % Adjusted to Book Value compare to ATO and NI?
Shin Shin Natural Gas Co's ROE % Adjusted to Book Value of 3.07% can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good ROE % Adjusted to Book Value depends on the Utilities - Regulated 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 Shin Shin Natural Gas Co and its competitors. Shin Shin Natural Gas Co's current ROE % Adjusted to Book Value is 3.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co (TPE:9918) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.88, compared to a current price of NT$43.30 — trading 1% above its estimated fair value. The current ROE % Adjusted to Book Value is 3.07%. Shin Shin Natural Gas Co's overall GF Score™ is 83/100 with 2 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 Shin Shin Natural Gas Co (TPE:9918), the current ROE % Adjusted to Book Value is 3.07% 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 Shin Shin Natural Gas Co (TPE:9918) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Shin Natural Gas Co stock appears to be overvalued. The current stock price of NT$43.30 is trading 1% above its estimated GF Value™ of NT$42.88. GuruFocus considers Shin Shin Natural Gas Co to be Fairly Valued.

Key valuation signals for TPE:9918:

  • ROE % Adjusted to Book Value: 3.07%
  • GF Value™: NT$42.88 vs. price of NT$43.30 (1% above fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the TPE:9918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Shin Natural Gas Co Business Description

Address No. 100, Section 1, Yonghe Road, Yonghe District, Taipei, TWN
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.
83GF Score

Get the complete analysis for TPE:9918

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

NT$43.30
Price
NT$42.88
GF Value