I don't have as much experience with PVC as with the Trex. It could prove to be very strong and I just wanted to caution people on making the next move to Trex. Trex might be fine for rub rails or eye brows but not for grab rails.
There are some other alturnitives to teak, that are not composite material. I have used Ipe and it is very hard to tell from Teak, except for the price. Any decent lumber yard will sell Mahogany decking. It is 5/4" X 6" with very straight grain and 20' lengths. It is a little more red and the grain is more coarse than teak but has very similar properties over all and is significantly cheaper. I have done a number of projects with it and it is not only strong but beautiful. Not something anyone has ever said about Trex. Especially once you start to mill it. I have used that PVC board for door kicks on houses and it works very well in that application and may well have a great deal of shear strength. I know for a fact that Trex does not.
It is all a matter of knowing your materials, Steve.