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ROCO:5205's PB Ratio is ranked worse than 65.44% of 2633
companies
in the Software industry
Industry Median: 2.39
vs ROCO:5205: 3.41
During the past 12 months, Taiwan Green Environment Technology's average Book Value Per Share Growth Rate was -33.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 85.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Taiwan Green Environment Technology was 158.60% per year. The lowest was -68.60% per year. And the median was -31.40% per year.
Back to Basics: PB Ratio
Taiwan Green Environment Technology (ROCO:5205) PB Ratio Explanation
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.
Taiwan Green Environment Technology PB Ratio Related Terms
Taiwan Green Environment Technology 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.
Taiwan Green Environment Technology PB Ratio Chart
For the Software - Application subindustry, Taiwan Green Environment Technology'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.
Taiwan Green Environment Technology PB Ratio vs Software Industry
Taiwan Green Environment Technology 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.
Taiwan Green Environment Technology (ROCO:5205) has a PB Ratio of 3.41 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Taiwan Green Environment Technology and its competitors. This is 62% below median its historical median of 9.07. Over the past decade, Taiwan Green Environment Technology's PB Ratio has ranged from 2.58 to 267.68. According to the industry distribution chart, Taiwan Green Environment Technology ranks #1723 out of 2633 companies in the Software industry, placing it in the top 65.4%.
Is Taiwan Green Environment Technology's PB Ratio too high?
Taiwan Green Environment Technology's current PB Ratio of 3.41 is 62% below median its 10-year median of 9.07. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 267.68. The Software industry median PB Ratio is 2.39. Taiwan Green Environment Technology's value of 3.41 is 42.7% above this industry median. Based on the distribution chart, Taiwan Green Environment Technology ranks #1723 out of 2633 companies in the Software industry, which is below the industry midpoint. Overall, Taiwan Green Environment Technology has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Green Environment Technology's PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Taiwan Green Environment Technology ranks #1723 out of 2633 companies for PB Ratio. This places Taiwan Green Environment Technology in the lower half of its industry. The industry median PB Ratio is 2.39. Taiwan Green Environment Technology's value of 3.41 is 42.7% above this benchmark. Historically, Taiwan Green Environment Technology's own PB Ratio has ranged from 2.58 to 267.68 over the past decade. While the company's 10-year median is 9.07 vs. the industry median of 2.39, Taiwan Green Environment Technology 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 Software company?
The median PB Ratio among Software companies is 2.39, based on 2,633 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. Taiwan Green Environment Technology's current PB Ratio of 3.41 is 42.7% 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 Taiwan Green Environment Technology and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Green Environment Technology's current PB Ratio is 3.41, which is 62% below median its own 10-year median of 9.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Green Environment Technology stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Green Environment Technology (ROCO:5205) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$28.64, compared to a current price of NT$22.10 — trading 22.8% below its estimated fair value. The current PB Ratio is 3.41, which is 62% below median its 10-year median of 9.07 and 42.7% above the Software industry median of 2.39. Taiwan Green Environment Technology's overall GF Score™ is 59/100 with 4 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 Taiwan Green Environment Technology (ROCO:5205), the current PB Ratio is 3.41 as of Jul. 29, 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 Taiwan Green Environment Technology (ROCO:5205) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Green Environment Technology stock appears to be undervalued.
The current stock price of NT$22.10 is trading 22.8% below its estimated GF Value™ of NT$28.64.
GuruFocus considers Taiwan Green Environment Technology to be Modestly Undervalued.
Key valuation signals for ROCO:5205:
PB Ratio: 3.41 (62% below median its 10-year median of 9.07)
GF Value™: NT$28.64 vs. price of NT$22.10 (22.8% below fair value)
Industry Position: 42.7% above the Software median (#1723 of 2633)
No single metric tells the full story. See the ROCO:5205 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Green Environment Technology Business Description
Taiwan Green Environment Technology Inc is a Taiwan based company. The company's main business is vehicle transportation, information electromechanical, and resource recycling services. The vehicle management plan provides fleet management systems and related monitoring value-added services for commercial fleet customers, such as driving video management services. The information service plan includes information and electrical integration services, and data analysis. The waste treatment and recycling services combine environmental technology, machinery, information, and other cross-disciplinary teams to provide construction planning and services for waste and water treatment sites.
59GF Score
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