Advanced Echem Materials Co (ROCO:4749) PB Ratio: 8.04 (As of Jul. 28, 2026) — 13% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:4749 Advanced Echem Materials Co Ltd ROCO:4749
72 GF Score
Price NT$773.00
GF Value NT$963.44
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Advanced Echem Materials Co PB Ratio?

Advanced Echem Materials Co ROCO:4749 -0.64% 72 PB Ratio is 8.04 as of Jul. 28, 2026, which is 13% below its 10-year median of 9.26. GuruFocus rates ROCO:4749 with a GF Score™ of 72/100 and a GF Value™ of NT$963.44 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,419 Hardware companies, Advanced Echem Materials Co ranks worse than 88.51% 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 (2026-07-28), Advanced Echem Materials Co's share price is NT$773.00. Advanced Echem Materials Co's Book Value per Share for the quarter that ended in Mar. 2026 was NT$96.11. Hence, Advanced Echem Materials Co's PB Ratio of today is 8.04.

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

ROCO:4749' s PB Ratio Range Over the Past 10 Years
Min: 4.54   Med: 9.26   Max: 22.82
Current: 8.05

During the past 11 years, Advanced Echem Materials Co's highest PB Ratio was 22.82. The lowest was 4.54. And the median was 9.26.

ROCO:4749's PB Ratio is ranked worse than
88.51% of 2419 companies
in the Hardware industry
Industry Median: 2.2 vs ROCO:4749: 8.05

During the past 12 months, Advanced Echem Materials Co's average Book Value Per Share Growth Rate was 7.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 50.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 30.70% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Advanced Echem Materials Co was 50.30% per year. The lowest was 12.80% per year. And the median was 25.20% per year.

Back to Basics: PB Ratio


Advanced Echem Materials Co  (ROCO:4749) 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.


Advanced Echem Materials Co PB Ratio Related Terms


Advanced Echem Materials Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Advanced Echem Materials 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.

Advanced Echem Materials Co PB Ratio Chart

Advanced Echem Materials Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 6.52 13.84 19.04 8.80

Advanced Echem Materials Co Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.39 6.91 9.28 8.80 8.28

ROCO:4749 vs APH, GLW, TEL: PB Ratio Comparison

For the Electronic Components subindustry, Advanced Echem Materials 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.


Advanced Echem Materials Co PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Advanced Echem Materials Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Advanced Echem Materials Co's PB Ratio falls into.


ROCO:4749
72GF Score
Advanced Echem Materials Co Ltd ROCO:4749
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advanced Echem Materials 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.

Advanced Echem Materials Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=773.00/96.105
=8.04

* 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 8.04 mean?
Advanced Echem Materials Co (ROCO:4749) has a PB Ratio of 8.04 as of Jul. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Advanced Echem Materials Co and its competitors. This is 13% below median its historical median of 9.26. Over the past decade, Advanced Echem Materials Co's PB Ratio has ranged from 4.54 to 22.82. According to the industry distribution chart, Advanced Echem Materials Co ranks #2141 out of 2419 companies in the Hardware industry, placing it in the top 88.5%.
Is Advanced Echem Materials Co's PB Ratio too high?
Advanced Echem Materials Co's current PB Ratio of 8.04 is 13% below median its 10-year median of 9.26. Over the past 10 years, this metric has ranged from a low of 4.54 to a high of 22.82. The Hardware industry median PB Ratio is 2.20. Advanced Echem Materials Co's value of 8.04 is 265.5% above this industry median. Based on the distribution chart, Advanced Echem Materials Co ranks #2141 out of 2419 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Advanced Echem Materials Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Echem Materials Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Advanced Echem Materials Co ranks #2141 out of 2419 companies for PB Ratio. This places Advanced Echem Materials Co in the lower half of its industry. The industry median PB Ratio is 2.20. Advanced Echem Materials Co's value of 8.04 is 265.5% above this benchmark. Historically, Advanced Echem Materials Co's own PB Ratio has ranged from 4.54 to 22.82 over the past decade. While the company's 10-year median is 9.26 vs. the industry median of 2.20, Advanced Echem Materials 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 Hardware company?
The median PB Ratio among Hardware companies is 2.20, based on 2,419 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. Advanced Echem Materials Co's current PB Ratio of 8.04 is 265.5% 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 Advanced Echem Materials Co and its competitors. For the Hardware industry, the median PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Echem Materials Co's current PB Ratio is 8.04, which is 13% below median its own 10-year median of 9.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Echem Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Advanced Echem Materials Co (ROCO:4749) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$963.44, compared to a current price of NT$773.00 — trading 19.8% below its estimated fair value. The current PB Ratio is 8.04, which is 13% below median its 10-year median of 9.26 and 265.5% above the Hardware industry median of 2.20. Advanced Echem Materials Co's overall GF Score™ is 72/100 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 Advanced Echem Materials Co (ROCO:4749), the current PB Ratio is 8.04 as of Jul. 28, 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 Advanced Echem Materials Co (ROCO:4749) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Echem Materials Co stock appears to be undervalued. The current stock price of NT$773.00 is trading 19.8% below its estimated GF Value™ of NT$963.44. GuruFocus considers Advanced Echem Materials Co to be Modestly Undervalued.

Key valuation signals for ROCO:4749:

  • PB Ratio: 8.04 (13% below median its 10-year median of 9.26)
  • GF Value™: NT$963.44 vs. price of NT$773.00 (19.8% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 265.5% above the Hardware median (#2141 of 2419)

No single metric tells the full story. See the ROCO:4749 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Echem Materials Co Business Description

Address No.455, Xinhe Road, Sanhe Village, Longtan District, Taoyuan, TWN, 325003
Advanced Echem Materials Co Ltd is engaged in developing and manufacturing special chemical materials for semiconductor and display applications. The company focuses on core technologies such as synthesis, purification of special raw materials, and innovation in formulation materials.
72GF Score

Get the complete analysis for ROCO:4749

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

NT$773.00
Price
NT$963.44
GF Value