Proxene Tools Co (ROCO:6904) PB Ratio: 2.29 (As of Aug. 19, 2026) — 14% Below Median

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Director of Data and Quant Analytics at GuruFocus
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ROCO:6904 Proxene Tools Co Ltd ROCO:6904
67 GF Score
Price NT$124.50
GF Value NT$126.97
Valuation Fairly Valued
! 4 Warning Signs
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What is Proxene Tools Co PB Ratio?

Proxene Tools Co ROCO:6904 67 PB Ratio is 2.29 as of Aug. 19, 2026, which is 14% below its 10-year median of 2.65. GuruFocus rates ROCO:6904 with a GF Score™ of 67/100 and a GF Value™ of NT$126.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,986 Industrial Products companies, Proxene Tools Co ranks worse than 51.67% 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 (2026-08-19), Proxene Tools Co's share price is NT$124.50. Proxene Tools Co's Book Value per Share for the quarter that ended in Jun. 2026 was NT$54.48. Hence, Proxene Tools Co's PB Ratio of today is 2.29.

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

ROCO:6904' s PB Ratio Range Over the Past 10 Years
Min: 1.99   Med: 2.65   Max: 4.56
Current: 2.29

During the past 7 years, Proxene Tools Co's highest PB Ratio was 4.56. The lowest was 1.99. And the median was 2.65.

ROCO:6904's PB Ratio is ranked worse than
51.67% of 2986 companies
in the Industrial Products industry
Industry Median: 2.18 vs ROCO:6904: 2.29

During the past 12 months, Proxene Tools 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 11.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.30% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Proxene Tools Co was 28.30% per year. The lowest was 11.50% per year. And the median was 23.30% per year.

Back to Basics: PB Ratio


Proxene Tools Co  (ROCO:6904) 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.


Proxene Tools Co PB Ratio Related Terms


Proxene Tools Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Proxene Tools 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.

Proxene Tools Co PB Ratio Chart

Proxene Tools Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 3.20 2.97 2.37 2.09

Proxene Tools Co Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.62 2.37 2.09 2.14 2.32

ROCO:6904 vs SNA, RBC, SWK: PB Ratio Comparison

For the Tools & Accessories subindustry, Proxene Tools 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.


Proxene Tools Co PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Proxene Tools Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Proxene Tools Co's PB Ratio falls into.


ROCO:6904
67GF Score
Proxene Tools Co Ltd ROCO:6904
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Proxene Tools 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.

Proxene Tools Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=124.50/54.481
=2.29

* 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 2.29 mean?
Proxene Tools Co (ROCO:6904) has a PB Ratio of 2.29 as of Aug. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Proxene Tools Co and its competitors. This is 14% below median its historical median of 2.65. Over the past decade, Proxene Tools Co's PB Ratio has ranged from 1.99 to 4.56. According to the industry distribution chart, Proxene Tools Co ranks #1543 out of 2986 companies in the Industrial Products industry, placing it in the top 51.7%.
Is Proxene Tools Co's PB Ratio too high?
Proxene Tools Co's current PB Ratio of 2.29 is 14% below median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 4.56. The Industrial Products industry median PB Ratio is 2.18. Proxene Tools Co's value of 2.29 is 5% above this industry median. Based on the distribution chart, Proxene Tools Co ranks #1543 out of 2986 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Proxene Tools Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Proxene Tools Co's PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Proxene Tools Co ranks #1543 out of 2986 companies for PB Ratio. This places Proxene Tools Co in the lower half of its industry. The industry median PB Ratio is 2.18. Proxene Tools Co's value of 2.29 is 5% above this benchmark. Historically, Proxene Tools Co's own PB Ratio has ranged from 1.99 to 4.56 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 2.18, Proxene Tools 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 Products company?
The median PB Ratio among Industrial Products companies is 2.18, based on 2,986 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. Proxene Tools Co's current PB Ratio of 2.29 is 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 Proxene Tools Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proxene Tools Co's current PB Ratio is 2.29, which is 14% below median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proxene Tools Co stock overvalued right now?
Based on GuruFocus' analysis, Proxene Tools Co (ROCO:6904) is currently considered Fairly Valued. The stock's GF Value™ is NT$126.97, compared to a current price of NT$124.50 — trading 1.9% below its estimated fair value. The current PB Ratio is 2.29, which is 14% below median its 10-year median of 2.65 and 5% above the Industrial Products industry median of 2.18. Proxene Tools Co's overall GF Score™ is 67/100 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 Proxene Tools Co (ROCO:6904), the current PB Ratio is 2.29 as of Aug. 19, 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 Proxene Tools Co (ROCO:6904) Overvalued in 2026?

Based on GuruFocus' analysis, Proxene Tools Co stock appears to be undervalued. The current stock price of NT$124.50 is trading 1.9% below its estimated GF Value™ of NT$126.97. GuruFocus considers Proxene Tools Co to be Fairly Valued.

Key valuation signals for ROCO:6904:

  • PB Ratio: 2.29 (14% below median its 10-year median of 2.65)
  • GF Value™: NT$126.97 vs. price of NT$124.50 (1.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 5% above the Industrial Products median (#1543 of 2986)

No single metric tells the full story. See the ROCO:6904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Proxene Tools Co Business Description

Address No. 9-2, Lane 893, Zhongshan Road, Beizhuang Village, Shengang District, Taichung City, TWN, 42947
Proxene Tools Co Ltd engages in the manufacturing and exporting of adjustable angle wrenches in Taiwan. It offers industrial hand tools manufacturing adjustable wrench hand tools, wrenches, Industrial Video Borescope, Diagnostic equipment, and Car care products.
67GF Score

Get the complete analysis for ROCO:6904

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

NT$124.50
Price
NT$126.97
GF Value