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ROCO:2221's PB Ratio is ranked worse than 74.55% of 609
companies
in the Steel industry
Industry Median: 0.97
vs ROCO:2221: 1.81
During the past 12 months, Tachia Yung Ho Machine Industry Co's average Book Value Per Share Growth Rate was 3.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tachia Yung Ho Machine Industry Co was 10.90% per year. The lowest was -0.40% per year. And the median was 5.30% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Tachia Yung Ho Machine Industry Co PB Ratio Related Terms
Tachia Yung Ho Machine Industry Co PB Ratio Historical Data
* 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.
For the Steel subindustry, Tachia Yung Ho Machine Industry Co's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Tachia Yung Ho Machine Industry Co PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Tachia Yung Ho Machine Industry Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tachia Yung Ho Machine Industry Co's PB Ratio falls into.
Tachia Yung Ho Machine Industry Co PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Tachia Yung Ho Machine Industry Co (ROCO:2221) has a PB Ratio of 1.81 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tachia Yung Ho Machine Industry Co and its competitors. This is 17% above median its historical median of 1.55. Over the past decade, Tachia Yung Ho Machine Industry Co's PB Ratio has ranged from 1.02 to 2.55. According to the industry distribution chart, Tachia Yung Ho Machine Industry Co ranks #454 out of 609 companies in the Steel industry, placing it in the top 74.5%.
Is Tachia Yung Ho Machine Industry Co's PB Ratio too high?
Tachia Yung Ho Machine Industry Co's current PB Ratio of 1.81 is 17% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 2.55. The Steel industry median PB Ratio is 0.97. Tachia Yung Ho Machine Industry Co's value of 1.81 is 86.6% above this industry median. Based on the distribution chart, Tachia Yung Ho Machine Industry Co ranks #454 out of 609 companies in the Steel industry, which is below the industry midpoint. Overall, Tachia Yung Ho Machine Industry Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tachia Yung Ho Machine Industry Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tachia Yung Ho Machine Industry Co ranks #454 out of 609 companies for PB Ratio. This places Tachia Yung Ho Machine Industry Co in the lower half of its industry. The industry median PB Ratio is 0.97. Tachia Yung Ho Machine Industry Co's value of 1.81 is 86.6% above this benchmark. Historically, Tachia Yung Ho Machine Industry Co's own PB Ratio has ranged from 1.02 to 2.55 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 0.97, Tachia Yung Ho Machine Industry Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Steel company?
The median PB Ratio among Steel companies is 0.97, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tachia Yung Ho Machine Industry Co's current PB Ratio of 1.81 is 86.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tachia Yung Ho Machine Industry Co and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tachia Yung Ho Machine Industry Co's current PB Ratio is 1.81, which is 17% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tachia Yung Ho Machine Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Tachia Yung Ho Machine Industry Co (ROCO:2221) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.28, compared to a current price of NT$46.95 — trading 60.3% above its estimated fair value. The current PB Ratio is 1.81, which is 17% above median its 10-year median of 1.55 and 86.6% above the Steel industry median of 0.97. Tachia Yung Ho Machine Industry Co's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Tachia Yung Ho Machine Industry Co (ROCO:2221), the current PB Ratio is 1.81 as of Aug. 09, 2026. 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 Tachia Yung Ho Machine Industry Co (ROCO:2221) Overvalued in 2026?
Based on GuruFocus' analysis, Tachia Yung Ho Machine Industry Co stock appears to be overvalued.
The current stock price of NT$46.95 is trading 60.3% above its estimated GF Value™ of NT$29.28.
GuruFocus considers Tachia Yung Ho Machine Industry Co to be Significantly Overvalued.
Key valuation signals for ROCO:2221:
PB Ratio: 1.81 (17% above median its 10-year median of 1.55)
GF Value™: NT$29.28 vs. price of NT$46.95 (60.3% above fair value)
Industry Position: 86.6% above the Steel median (#454 of 609)
No single metric tells the full story. See the ROCO:2221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tachia Yung Ho Machine Industry Co Ltd is engaged in the manufacture and distribution of stainless-steel welded pipe fittings and ultra-clean components. Its products include Stainless Steel Pipe and Tube, UHP Face Seal Fitting, Micro Fitting, and others. It derives revenue from its products which include: Ultra High Purity Components; Service Revenue; Stainless Steel Welded Pipe Fittings; and Others.
64GF Score
Get the complete analysis for ROCO:2221
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