Argo Yachts Development Co (ROCO:7566) PB Ratio: 0.47 (As of Jul. 31, 2026) — 68% Below Median

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Founder & CEO of GuruFocus
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ROCO:7566 Argo Yachts Development Co Ltd ROCO:7566
56 GF Score
Price NT$11.25
GF Value NT$21.87
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Argo Yachts Development Co PB Ratio?

Argo Yachts Development Co ROCO:7566 -1.32% 56 PB Ratio is 0.47 as of Jul. 31, 2026, which is 68% below its 10-year median of 1.48. GuruFocus rates ROCO:7566 with a GF Score™ of 56/100 and a GF Value™ of NT$21.87 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 793 Travel & Leisure companies, Argo Yachts Development Co ranks better than 84.11% 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), Argo Yachts Development Co's share price is NT$11.25. Argo Yachts Development Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$23.82. Hence, Argo Yachts Development Co's PB Ratio of today is 0.47.

Good Sign:

Argo Yachts Development Co Ltd stock PB Ratio (=0.5) is close to 10-year low of 0.48.

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

ROCO:7566' s PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.48   Max: 4.38
Current: 0.47

During the past 8 years, Argo Yachts Development Co's highest PB Ratio was 4.38. The lowest was 0.47. And the median was 1.48.

ROCO:7566's PB Ratio is ranked better than
84.11% of 793 companies
in the Travel & Leisure industry
Industry Median: 1.47 vs ROCO:7566: 0.47

During the past 12 months, Argo Yachts Development Co's average Book Value Per Share Growth Rate was -1.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.20% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Argo Yachts Development Co was 40.30% per year. The lowest was 1.50% per year. And the median was 22.70% per year.

Back to Basics: PB Ratio


Argo Yachts Development Co  (ROCO:7566) 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.


Argo Yachts Development Co PB Ratio Related Terms


Argo Yachts Development Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Argo Yachts Development 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.

Argo Yachts Development Co PB Ratio Chart

Argo Yachts Development Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 2.03 1.36 1.33 1.13 0.66

Argo Yachts Development Co Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 1.33 1.21 1.13 0.79 0.66

ROCO:7566 vs AS, HAS, LTH: PB Ratio Comparison

For the Leisure subindustry, Argo Yachts Development 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.


Argo Yachts Development Co PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Argo Yachts Development Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Argo Yachts Development Co's PB Ratio falls into.


ROCO:7566
56GF Score
Argo Yachts Development Co Ltd ROCO:7566
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argo Yachts Development 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.

Argo Yachts Development Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=11.25/23.82
=0.47

* 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 0.47 mean?
Argo Yachts Development Co (ROCO:7566) has a PB Ratio of 0.47 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 Argo Yachts Development Co and its competitors. This is 68% below median its historical median of 1.48. Over the past decade, Argo Yachts Development Co's PB Ratio has ranged from 0.47 to 4.38. According to the industry distribution chart, Argo Yachts Development Co ranks #126 out of 793 companies in the Travel & Leisure industry, placing it in the top 15.9%.
Is Argo Yachts Development Co's PB Ratio too high?
Argo Yachts Development Co's current PB Ratio of 0.47 is 68% below median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 4.38. The Travel & Leisure industry median PB Ratio is 1.47. Argo Yachts Development Co's value of 0.47 is 68% below this industry median. Based on the distribution chart, Argo Yachts Development Co ranks #126 out of 793 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Argo Yachts Development Co has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Argo Yachts Development Co's PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Argo Yachts Development Co ranks #126 out of 793 companies for PB Ratio. This places Argo Yachts Development Co in the top 16% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.47. Argo Yachts Development Co's value of 0.47 is 68% below this benchmark. Historically, Argo Yachts Development Co's own PB Ratio has ranged from 0.47 to 4.38 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.47, Argo Yachts Development 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 Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.47, based on 793 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. Argo Yachts Development Co's current PB Ratio of 0.47 is 68% 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 Argo Yachts Development Co and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Yachts Development Co's current PB Ratio is 0.47, which is 68% below median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Yachts Development Co stock overvalued right now?
Based on GuruFocus' analysis, Argo Yachts Development Co (ROCO:7566) is currently considered Possible Value Trap. The stock's GF Value™ is NT$21.87, compared to a current price of NT$11.25 — trading 48.6% below its estimated fair value. The current PB Ratio is 0.47, which is 68% below median its 10-year median of 1.48 and 68% below the Travel & Leisure industry median of 1.47. Argo Yachts Development Co's overall GF Score™ is 56/100 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 Argo Yachts Development Co (ROCO:7566), the current PB Ratio is 0.47 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 Argo Yachts Development Co (ROCO:7566) Overvalued in 2026?

Based on GuruFocus' analysis, Argo Yachts Development Co stock appears to be undervalued. The current stock price of NT$11.25 is trading 48.6% below its estimated GF Value™ of NT$21.87. GuruFocus considers Argo Yachts Development Co to be Possible Value Trap.

Key valuation signals for ROCO:7566:

  • PB Ratio: 0.47 (68% below median its 10-year median of 1.48)
  • GF Value™: NT$21.87 vs. price of NT$11.25 (48.6% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 68% below the Travel & Leisure median (#126 of 793)

No single metric tells the full story. See the ROCO:7566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Argo Yachts Development Co Business Description

Address No. 777, Sector 2, Xingang Road, Anping District, Tainan, TWN, 708
Argo Yachts Development Co Ltd is engaged in operation of membership yacht club to provide diversified services such as berth, escrow and maintenance.
56GF Score

Get the complete analysis for ROCO:7566

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

NT$11.25
Price
NT$21.87
GF Value