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Taiwan stock market P/B distribution
The decile structure of price-to-book across 1,082 tickers with a valid reading, median 1.62. For asset-heavy sectors this reads better than P/E, because most of the value sits in plant and land rather than in current earnings.
Snapshot date 2026-08-03. 中文版 (Chinese)
Decile structure
Of 2,223 tickers in the universe, 1,082 had a valid reading on the snapshot date; 1,141 disclosed nothing that day and 0 were excluded as not meaningful. Blanks stay blank — nothing is interpolated or carried forward from an earlier day.
| Decile | Range | Tickers | Tickers in this decile (by code) |
|---|---|---|---|
| 1 | 0.17 – 0.71 (excl.) | 108 | 1102 1103 1109 1213 1217 1218 |
| 2 | 0.71 – 0.88 (excl.) | 108 | 1101 1104 1201 1219 1220 1234 |
| 3 | 0.88 – 1.13 (excl.) | 109 | 1108 1110 1413 1419 1423 1432 |
| 4 | 1.13 – 1.33 (excl.) | 108 | 1229 1307 1321 1414 1436 1442 |
| 5 | 1.33 – 1.62 (excl.) | 108 | 1225 1227 1256 1319 1410 1441 |
| 6 | 1.62 – 1.97 (excl.) | 108 | 1203 1210 1233 1472 1504 1536 |
| 7 | 1.97 – 2.42 (excl.) | 108 | 1470 1537 1711 1712 1721 1723 |
| 8 | 2.42 – 3.15 (excl.) | 109 | 1215 1216 1341 1503 1516 1538 |
| 9 | 3.15 – 5.03 (excl.) | 108 | 1231 1232 1303 1342 1435 1476 |
| 10 | 5.03 – 45.74 | 108 | 1519 1560 1590 2059 2301 2308 |
Other metrics
How this table is computed
Per-ticker snapshot values, with nothing borrowed across days
Every input is the value that was available on the snapshot date itself, so the decile boundaries are the ones that were genuinely computable that day rather than a recomputation using today's data. This is the site-wide point-in-time rule applied to a cross-section.
Meaningless observations are dropped, and the drop is disclosed
P/E and P/B include only readings above zero. A value at or below zero means a trailing-four-quarter loss or negative book value — that is not the cheapest bucket, it is the ratio losing its meaning. Including them would turn the bottom decile into a bin of loss-makers and pull every boundary down. The excluded count is stated in the coverage note.
Zero yields are kept, not discarded
A cash dividend yield of zero is an observation: the company paid nothing for the period. That is a fact, not a gap. Dropping the zeros would lift the median yield and describe a market that does not exist. Only tickers with no disclosure at all count as missing.
Linear interpolation, and nothing published below fifty observations
Percentiles are taken by linear interpolation over the sorted sample, matching the default method in common statistical packages, so the figures can be recomputed independently. Below fifty valid observations the metric is not published at all — deciles of a small sample describe coincidence, not market structure.
Three terms to read this page
Decile
The sorted market cut into ten equal groups, about a tenth of the tickers each. In plain terms: decile 1 is the lowest 10% of readings and decile 10 the highest.
Percentile
Where a value sits relative to the whole population. In plain terms: the 90th percentile means nine in ten tickers read lower; to place your own, find which two decile boundaries it falls between.
Cross-section
Every ticker compared side by side at one point in time. In plain terms: this page compares one day across the whole market, not one ticker across its own past — the same number can point opposite ways under the two.
Frequently asked questions
What is the median P/B ratio in the Taiwan stock market?
Why not use the average?
Is the P/B ratio on the ticker I am looking at high?
Which tickers are excluded from these figures?
How often is this page updated?
This is data and tooling, not investment advice. The table is a cross-section on one snapshot date and carries no judgement about whether a level is cheap: a low decile may correctly price a decline, and a high one may be fair for growth. To judge a single ticker you want it against its own history, which is what the valuation river page does.