Howteh Technology Co (ROCO:3114) PB Ratio: 1.24 (As of Aug. 01, 2026) — 10% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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ROCO:3114 Howteh Technology Co Ltd ROCO:3114
65 GF Score
Price NT$30.50
GF Value NT$27.56
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Howteh Technology Co PB Ratio?

Howteh Technology Co ROCO:3114 +7.02% 65 PB Ratio is 1.24 as of Aug. 01, 2026, which is 10% above its 10-year median of 1.13. GuruFocus rates ROCO:3114 with a GF Score™ of 65/100 and a GF Value™ of NT$27.56 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 156 Industrial Distribution companies, Howteh Technology Co ranks worse than 51.28% on this metric.

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. As of today (2026-08-01), Howteh Technology Co's share price is NT$30.50. Howteh Technology Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$24.51. Hence, Howteh Technology Co's PB Ratio of today is 1.24.

The historical rank and industry rank for Howteh Technology Co's PB Ratio or its related term are showing as below:

ROCO:3114' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.13   Max: 2.52
Current: 1.25

During the past 13 years, Howteh Technology Co's highest PB Ratio was 2.52. The lowest was 0.65. And the median was 1.13.

ROCO:3114's PB Ratio is ranked worse than
51.28% of 156 companies
in the Industrial Distribution industry
Industry Median: 1.125 vs ROCO:3114: 1.25

During the past 12 months, Howteh Technology Co's average Book Value Per Share Growth Rate was -0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Howteh Technology Co was 11.70% per year. The lowest was -3.90% per year. And the median was 5.60% per year.

Back to Basics: PB Ratio


Howteh Technology Co  (ROCO:3114) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Howteh Technology Co PB Ratio Related Terms


Howteh Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Howteh Technology Co's PB Ratio 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.

Howteh Technology Co PB Ratio Chart

Howteh Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.08 1.13 1.04 1.10

Howteh Technology Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PB Ratio 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 1.04 1.01 1.05 1.03 1.10

ROCO:3114 vs GWW, FAST, FERG: PB Ratio Comparison

For the Industrial Distribution subindustry, Howteh Technology 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.


Howteh Technology Co PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Howteh Technology Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Howteh Technology Co's PB Ratio falls into.


ROCO:3114
65GF Score
Howteh Technology Co Ltd ROCO:3114
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Howteh Technology 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.

Howteh Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=30.50/24.507
=1.24

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.24 mean?
Howteh Technology Co (ROCO:3114) has a PB Ratio of 1.24 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Howteh Technology Co and its competitors. This is 10% above median its historical median of 1.13. Over the past decade, Howteh Technology Co's PB Ratio has ranged from 0.65 to 2.52. According to the industry distribution chart, Howteh Technology Co ranks #80 out of 156 companies in the Industrial Distribution industry, placing it in the top 51.3%.
Is Howteh Technology Co's PB Ratio too high?
Howteh Technology Co's current PB Ratio of 1.24 is 10% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.52. The Industrial Distribution industry median PB Ratio is 1.13. Howteh Technology Co's value of 1.24 is 10.2% above this industry median. Based on the distribution chart, Howteh Technology Co ranks #80 out of 156 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Howteh Technology Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howteh Technology Co's PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Howteh Technology Co ranks #80 out of 156 companies for PB Ratio. This places Howteh Technology Co in the lower half of its industry. The industry median PB Ratio is 1.13. Howteh Technology Co's value of 1.24 is 10.2% above this benchmark. Historically, Howteh Technology Co's own PB Ratio has ranged from 0.65 to 2.52 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.13, Howteh Technology 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 an Industrial Distribution company?
The median PB Ratio among Industrial Distribution companies is 1.13, based on 156 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. Howteh Technology Co's current PB Ratio of 1.24 is 10.2% 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 Howteh Technology Co and its competitors. For the Industrial Distribution industry, the median PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howteh Technology Co's current PB Ratio is 1.24, which is 10% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howteh Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Howteh Technology Co (ROCO:3114) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$27.56, compared to a current price of NT$30.50 — trading 10.7% above its estimated fair value. The current PB Ratio is 1.24, which is 10% above median its 10-year median of 1.13 and 10.2% above the Industrial Distribution industry median of 1.13. Howteh Technology Co's overall GF Score™ is 65/100 with 2 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 Howteh Technology Co (ROCO:3114), the current PB Ratio is 1.24 as of Aug. 01, 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 Howteh Technology Co (ROCO:3114) Overvalued in 2026?

Based on GuruFocus' analysis, Howteh Technology Co stock appears to be overvalued. The current stock price of NT$30.50 is trading 10.7% above its estimated GF Value™ of NT$27.56. GuruFocus considers Howteh Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:3114:

  • PB Ratio: 1.24 (10% above median its 10-year median of 1.13)
  • GF Value™: NT$27.56 vs. price of NT$30.50 (10.7% above fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 10.2% above the Industrial Distribution median (#80 of 156)

No single metric tells the full story. See the ROCO:3114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Howteh Technology Co Business Description

Address 6th Floor, No. 25, Section 1, Dunhua South Road, Taipei, TWN, 105
Howteh Technology Co Ltd is engaged mainly in trading and agency business in passive electronic components, active electronic components, integrated circuit carrier board equipment, chemicals and raw materials, semiconductors and optical equipment. Its operating segment includes Taiwan Segment responsible for the agency sales of electronic components and process equipment in Taiwan; and China and South East Asia segment responsible for the distribution of electronic components in Eastern and Southern China (including Hongkong) and Vietnam. The majority of the revenue is derived from the Taiwan segment.
65GF Score

Get the complete analysis for ROCO:3114

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$30.50
Price
NT$27.56
GF Value