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Taiwan stock market P/B distribution

The decile structure of price-to-book across 1,085 tickers with a valid reading, median 1.61. 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 2026-10-30. 中文版 (Chinese)

Minimum
0.16
10th percentile
0.68
Median
1.61
90th percentile
4.96
Maximum
65.05

Decile structure

Of 2,231 tickers in the universe, 1,085 had a valid reading on the snapshot date; 1,146 disclosed nothing that day and 0 were excluded as not meaningful. Blanks stay blank — nothing is interpolated or carried forward from an earlier day.

DecileRangeTickersTickers in this decile (by code)
10.16 – 0.68 (excl.)1081103 1109 1213 1217 1218 1235
20.68 – 0.87 (excl.)1091102 1104 1108 1201 1220 1234
30.87 – 1.09 (excl.)1091101 1110 1219 1236 1305 1309
41.09 – 1.31 (excl.)1081229 1307 1321 1414 1432 1436
51.31 – 1.61 (excl.)1081227 1256 1410 1443 1459 1468
61.61 – 1.95 (excl.)1091203 1210 1225 1233 1319 1441
71.95 – 2.46 (excl.)1091470 1472 1528 1537 1538 1563
82.46 – 3.15 (excl.)1081215 1231 1341 1476 1503 1623
93.15 – 4.96 (excl.)1081216 1232 1303 1342 1435 1477
104.96 – 65.051091519 1560 1727 2033 2059 2254

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?
On snapshot date 2026-10-30 the market-wide median P/B ratio was 1.61, across 1,085 valid observations. The 10th percentile was 0.68 and the 90th 4.96, so eight in ten tickers sat between those two. The figure moves every trading day and this page tracks the latest snapshot.
Why not use the average?
The distribution has a very heavy tail and an average would be carried by a handful of extremes. The highest reading here is 65.05 — one name like that is enough to lift a mean past anything recognisable. Medians and decile boundaries are immune to outliers and describe the actual structure of the population.
Is the P/B ratio on the ticker I am looking at high?
Read its value against the decile ranges in the table: the row it falls into is its decile in the market. One caveat — high in the cross-section is not the same as expensive. A high P/B ratio may be the market pricing growth, and a low one may correctly price a decline. Judging a single name also needs its own history.
Which tickers are excluded from these figures?
Of 2,231 tickers in the universe, 1,146 disclosed nothing on the snapshot date and 0 were dropped as not statistically meaningful, leaving 1,085 in the sample. The reasons and thresholds are set out under how the table is computed. The exclusions are shown rather than hidden so you can judge representativeness instead of being handed a clean number.
How often is this page updated?
Once per trading day, with each day frozen as its own point-in-time vintage. The boundaries you see are the ones that were genuinely computable on 2026-10-30 and are never rewritten when a later restatement lands. That matters for backtests: slicing a sample with retroactively corrected percentiles plants look-ahead bias straight into the model.

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.