St Shine Optical Co (ROCO:1565) PB Ratio: 0.72 (As of Jul. 17, 2026) — 72% Below Median

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Founder & CEO of GuruFocus
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ROCO:1565 St Shine Optical Co Ltd ROCO:1565
67 GF Score
Price NT$93.40
GF Value NT$171.33
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is St Shine Optical Co PB Ratio?

St Shine Optical Co ROCO:1565 -2.51% 67 PB Ratio is 0.72 as of Jul. 17, 2026, which is 72% below its 10-year median of 2.61. GuruFocus rates ROCO:1565 with a GF Score™ of 67/100 and a GF Value™ of NT$171.33 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 787 Medical Devices & Instruments companies, St Shine Optical Co ranks better than 87.42% 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 (2026-07-17), St Shine Optical Co's share price is NT$93.40. St Shine Optical Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$129.93. Hence, St Shine Optical Co's PB Ratio of today is 0.72.

Good Sign:

St Shine Optical Co Ltd stock PB Ratio (=0.75) is close to 10-year low of 0.72.

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

ROCO:1565' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.61   Max: 9.82
Current: 0.71

During the past 13 years, St Shine Optical Co's highest PB Ratio was 9.82. The lowest was 0.71. And the median was 2.61.

ROCO:1565's PB Ratio is ranked better than
87.42% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 2.05 vs ROCO:1565: 0.71

During the past 12 months, St Shine Optical Co's average Book Value Per Share Growth Rate was -0.10% 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 3.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of St Shine Optical Co was 18.90% per year. The lowest was 0.90% per year. And the median was 8.10% per year.

Back to Basics: PB Ratio


St Shine Optical Co  (ROCO:1565) 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.


St Shine Optical Co PB Ratio Related Terms


St Shine Optical Co PB Ratio Historical Data

* Premium members only.

The historical data trend for St Shine Optical 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.

St Shine Optical Co PB Ratio Chart

St Shine Optical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 1.98 1.56 1.52 0.89

St Shine Optical Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.52 1.50 1.24 1.09 0.89

ROCO:1565 vs ISRG, BDX, MDLN: PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, St Shine Optical 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.


St Shine Optical Co PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, St Shine Optical Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where St Shine Optical Co's PB Ratio falls into.


ROCO:1565
67GF Score
St Shine Optical Co Ltd ROCO:1565
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

St Shine Optical 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.

St Shine Optical Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=93.40/129.934
=0.72

* 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 0.72 mean?
St Shine Optical Co (ROCO:1565) has a PB Ratio of 0.72 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 St Shine Optical Co and its competitors. This is 72% below median its historical median of 2.61. Over the past decade, St Shine Optical Co's PB Ratio has ranged from 0.71 to 9.82. According to the industry distribution chart, St Shine Optical Co ranks #99 out of 787 companies in the Medical Devices & Instruments industry, placing it in the top 12.6%.
Is St Shine Optical Co's PB Ratio too high?
St Shine Optical Co's current PB Ratio of 0.72 is 72% below median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 9.82. The Medical Devices & Instruments industry median PB Ratio is 2.05. St Shine Optical Co's value of 0.72 is 64.9% below this industry median. Based on the distribution chart, St Shine Optical Co ranks #99 out of 787 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, St Shine Optical Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does St Shine Optical Co's PB Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, St Shine Optical Co ranks #99 out of 787 companies for PB Ratio. This places St Shine Optical Co in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.05. St Shine Optical Co's value of 0.72 is 64.9% below this benchmark. Historically, St Shine Optical Co's own PB Ratio has ranged from 0.71 to 9.82 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 2.05, St Shine Optical 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.05, based on 787 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. St Shine Optical Co's current PB Ratio of 0.72 is 64.9% 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 St Shine Optical Co and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. St Shine Optical Co's current PB Ratio is 0.72, which is 72% below median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is St Shine Optical Co stock overvalued right now?
Based on GuruFocus' analysis, St Shine Optical Co (ROCO:1565) is currently considered Possible Value Trap. The stock's GF Value™ is NT$171.33, compared to a current price of NT$93.40 — trading 45.5% below its estimated fair value. The current PB Ratio is 0.72, which is 72% below median its 10-year median of 2.61 and 64.9% below the Medical Devices & Instruments industry median of 2.05. St Shine Optical 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 St Shine Optical Co (ROCO:1565), the current PB Ratio is 0.72 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 St Shine Optical Co (ROCO:1565) Overvalued in 2026?

Based on GuruFocus' analysis, St Shine Optical Co stock appears to be undervalued. The current stock price of NT$93.40 is trading 45.5% below its estimated GF Value™ of NT$171.33. GuruFocus considers St Shine Optical Co to be Possible Value Trap.

Key valuation signals for ROCO:1565:

  • PB Ratio: 0.72 (72% below median its 10-year median of 2.61)
  • GF Value™: NT$171.33 vs. price of NT$93.40 (45.5% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 64.9% below the Medical Devices & Instruments median (#99 of 787)

No single metric tells the full story. See the ROCO:1565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


St Shine Optical Co Business Description

Address Datong Road, 5th Floor, No. 276, Section 1, Xizhi District, New Taipei City, TWN, 22146
St Shine Optical Co Ltd is engaged in the manufacturing and trading of contact lenses (soft and hard), optical lenses, and related products. Geographically, the company generates maximum of its revenue from Asia (excluding Taiwan), followed by Europe, Taiwan, and America.
67GF Score

Get the complete analysis for ROCO:1565

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

NT$93.40
Price
NT$171.33
GF Value