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.
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.
TPE:6863's PB Ratio is ranked better than 70.73% of 2419
companies
in the Hardware industry
Industry Median: 2.25
vs TPE:6863: 1.33
During the past 12 months, Arizon RFID Technology (Cayman) Co's average Book Value Per Share Growth Rate was -5.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.30% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Arizon RFID Technology (Cayman) Co was 20.90% per year. The lowest was 13.80% per year. And the median was 19.70% per year.
Back to Basics: PB Ratio
Arizon RFID Technology (Cayman) Co (TPE:6863) 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.
Arizon RFID Technology (Cayman) Co PB Ratio Related Terms
Arizon RFID Technology (Cayman) Co 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.
For the Electronic Components subindustry, Arizon RFID Technology (Cayman) 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.
Arizon RFID Technology (Cayman) Co PB Ratio vs Hardware Industry
Arizon RFID Technology (Cayman) 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.
* 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.
Arizon RFID Technology (Cayman) Co (TPE:6863) has a PB Ratio of 1.32 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Arizon RFID Technology (Cayman) Co and its competitors. This is 38% below median its historical median of 2.13. Over the past decade, Arizon RFID Technology (Cayman) Co's PB Ratio has ranged from 1.11 to 3.81. According to the industry distribution chart, Arizon RFID Technology (Cayman) Co ranks #708 out of 2419 companies in the Hardware industry, placing it in the top 29.3%.
Is Arizon RFID Technology (Cayman) Co's PB Ratio too high?
Arizon RFID Technology (Cayman) Co's current PB Ratio of 1.32 is 38% below median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 3.81. The Hardware industry median PB Ratio is 2.25. Arizon RFID Technology (Cayman) Co's value of 1.32 is 41.3% below this industry median. Based on the distribution chart, Arizon RFID Technology (Cayman) Co ranks #708 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, Arizon RFID Technology (Cayman) Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arizon RFID Technology (Cayman) Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Arizon RFID Technology (Cayman) Co ranks #708 out of 2419 companies for PB Ratio. This puts Arizon RFID Technology (Cayman) Co in the upper half of its industry. The industry median PB Ratio is 2.25. Arizon RFID Technology (Cayman) Co's value of 1.32 is 41.3% below this benchmark. Historically, Arizon RFID Technology (Cayman) Co's own PB Ratio has ranged from 1.11 to 3.81 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 2.25, Arizon RFID Technology (Cayman) 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 Hardware company?
The median PB Ratio among Hardware companies is 2.25, 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. Arizon RFID Technology (Cayman) Co's current PB Ratio of 1.32 is 41.3% 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 Arizon RFID Technology (Cayman) Co and its competitors. For the Hardware industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arizon RFID Technology (Cayman) Co's current PB Ratio is 1.32, which is 38% below median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arizon RFID Technology (Cayman) Co stock overvalued right now?
Based on GuruFocus' analysis, Arizon RFID Technology (Cayman) Co (TPE:6863) is currently considered Possible Value Trap. The stock's GF Value™ is NT$265.17, compared to a current price of NT$105.00 — trading 60.4% below its estimated fair value. The current PB Ratio is 1.32, which is 38% below median its 10-year median of 2.13 and 41.3% below the Hardware industry median of 2.25. Arizon RFID Technology (Cayman) Co's overall GF Score™ is 60/100 with 10 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 Arizon RFID Technology (Cayman) Co (TPE:6863), the current PB Ratio is 1.32 as of Jul. 17, 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 Arizon RFID Technology (Cayman) Co (TPE:6863) Overvalued in 2026?
Based on GuruFocus' analysis, Arizon RFID Technology (Cayman) Co stock appears to be undervalued.
The current stock price of NT$105.00 is trading 60.4% below its estimated GF Value™ of NT$265.17.
GuruFocus considers Arizon RFID Technology (Cayman) Co to be Possible Value Trap.
Key valuation signals for TPE:6863:
PB Ratio: 1.32 (38% below median its 10-year median of 2.13)
GF Value™: NT$265.17 vs. price of NT$105.00 (60.4% below fair value)
Industry Position: 41.3% below the Hardware median (#708 of 2419)
No single metric tells the full story. See the TPE:6863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arizon RFID Technology (Cayman) Co Business Description
Arizon RFID Technology (Cayman) Co Ltd is engaged in the design, development, manufacture, and trading of radio-frequency identification (RFID) systems. Its products are RFID tags and ARC products. Its solutions include RFID Intelligent Forklift, RFID Supplier Material Management Platform, RFID Asset Management System, and RFID & ANPR Smart Parking System. Its products and solutions are used in various applications, including Fashion Retail, General Retail, Logistics, Food, Enterprise Documents Management, Medical, Beauty and Personal Care, Automobile and Tire, Aviation, Industrial Manufacturing, NFC, and Innovative Applications. Geographically, it operates in Taiwan, Mainland China, United States, and others, with the majority of revenue generated from Mainland China.
60GF Score
Get the complete analysis for TPE:6863
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:6863 has been successfully added to your 
