Hsinjing Holding Co (ROCO:3713) PB Ratio: 1.81 (As of Jul. 31, 2026) — 42% Below Median

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ROCO:3713 Hsinjing Holding Co Ltd ROCO:3713
59 GF Score
Price NT$14.55
GF Value NT$10.12
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Hsinjing Holding Co PB Ratio?

Hsinjing Holding Co ROCO:3713 -0.35% 59 PB Ratio is 1.81 as of Jul. 31, 2026, which is 42% below its 10-year median of 3.10. GuruFocus rates ROCO:3713 with a GF Score™ of 59/100 and a GF Value™ of NT$10.12 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 999 Semiconductors companies, Hsinjing Holding Co ranks better than 67.67% 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 (2026-07-31), Hsinjing Holding Co's share price is NT$14.55. Hsinjing Holding Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$8.03. Hence, Hsinjing Holding Co's PB Ratio of today is 1.81.

Good Sign:

Hsinjing Holding Co Ltd stock PB Ratio (=1.77) is close to 10-year low of 1.61.

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

ROCO:3713' s PB Ratio Range Over the Past 10 Years
Min: 1.61   Med: 3.1   Max: 12.51
Current: 1.79

During the past 10 years, Hsinjing Holding Co's highest PB Ratio was 12.51. The lowest was 1.61. And the median was 3.10.

ROCO:3713's PB Ratio is ranked better than
67.67% of 999 companies
in the Semiconductors industry
Industry Median: 2.84 vs ROCO:3713: 1.79

During the past 12 months, Hsinjing Holding Co's average Book Value Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.60% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Hsinjing Holding Co was 309.90% per year. The lowest was -2.40% per year. And the median was 10.20% per year.

Back to Basics: PB Ratio


Hsinjing Holding Co  (ROCO:3713) 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.


Hsinjing Holding Co PB Ratio Related Terms


Hsinjing Holding Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Hsinjing Holding 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.

Hsinjing Holding Co PB Ratio Chart

Hsinjing Holding 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 4.84 3.32 3.07 2.68 2.85

Hsinjing Holding 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 2.68 2.46 2.70 2.71 2.85

ROCO:3713 vs FSLR, NXT, ENPH: PB Ratio Comparison

For the Solar subindustry, Hsinjing Holding 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.


Hsinjing Holding Co PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Hsinjing Holding Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hsinjing Holding Co's PB Ratio falls into.


ROCO:3713
59GF Score
Hsinjing Holding Co Ltd ROCO:3713
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsinjing Holding 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.

Hsinjing Holding Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=14.55/8.028
=1.81

* 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 1.81 mean?
Hsinjing Holding Co (ROCO:3713) has a PB Ratio of 1.81 as of Jul. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hsinjing Holding Co and its competitors. This is 42% below median its historical median of 3.10. Over the past decade, Hsinjing Holding Co's PB Ratio has ranged from 1.61 to 12.51. According to the industry distribution chart, Hsinjing Holding Co ranks #323 out of 999 companies in the Semiconductors industry, placing it in the top 32.3%.
Is Hsinjing Holding Co's PB Ratio too high?
Hsinjing Holding Co's current PB Ratio of 1.81 is 42% below median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 12.51. The Semiconductors industry median PB Ratio is 2.84. Hsinjing Holding Co's value of 1.81 is 36.3% below this industry median. Based on the distribution chart, Hsinjing Holding Co ranks #323 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Hsinjing Holding Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hsinjing Holding Co's PB Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Hsinjing Holding Co ranks #323 out of 999 companies for PB Ratio. This puts Hsinjing Holding Co in the upper half of its industry. The industry median PB Ratio is 2.84. Hsinjing Holding Co's value of 1.81 is 36.3% below this benchmark. Historically, Hsinjing Holding Co's own PB Ratio has ranged from 1.61 to 12.51 over the past decade. While the company's 10-year median is 3.10 vs. the industry median of 2.84, Hsinjing Holding Co has consistently been below 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 2.84, based on 999 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. Hsinjing Holding Co's current PB Ratio of 1.81 is 36.3% below 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 Hsinjing Holding Co and its competitors. For the Semiconductors industry, the median PB Ratio is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsinjing Holding Co's current PB Ratio is 1.81, which is 42% below median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsinjing Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Hsinjing Holding Co (ROCO:3713) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.12, compared to a current price of NT$14.55 — trading 43.8% above its estimated fair value. The current PB Ratio is 1.81, which is 42% below median its 10-year median of 3.10 and 36.3% below the Semiconductors industry median of 2.84. Hsinjing Holding Co's overall GF Score™ is 59/100 with 7 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 Hsinjing Holding Co (ROCO:3713), the current PB Ratio is 1.81 as of Jul. 31, 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 Hsinjing Holding Co (ROCO:3713) Overvalued in 2026?

Based on GuruFocus' analysis, Hsinjing Holding Co stock appears to be overvalued. The current stock price of NT$14.55 is trading 43.8% above its estimated GF Value™ of NT$10.12. GuruFocus considers Hsinjing Holding Co to be Significantly Overvalued.

Key valuation signals for ROCO:3713:

  • PB Ratio: 1.81 (42% below median its 10-year median of 3.10)
  • GF Value™: NT$10.12 vs. price of NT$14.55 (43.8% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 36.3% below the Semiconductors median (#323 of 999)

No single metric tells the full story. See the ROCO:3713 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsinjing Holding Co Business Description

Address Fuxing 2nd Road, No. 193, Room 1, 3rd Floor, Hsinchu County, Zhubei, TWN, 302052
Hsinjing Holding Co Ltd, along with its subsidiaries, is engaged in the research and development, manufacturing, and sales of various types of solar panel modules, the construction of solar power plants, and the ownership of solar power stations. The majority of the group's revenue is generated from the Construction of solar power plants and through electricity sales. Geographically, it operates in Taiwan.
59GF Score

Get the complete analysis for ROCO:3713

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

NT$14.55
Price
NT$10.12
GF Value