Taiwan Wax Co (ROCO:1742) PB Ratio: 1.18 (As of Jul. 23, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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ROCO:1742 Taiwan Wax Co Ltd ROCO:1742
51 GF Score
Price NT$16.40
GF Value NT$5.49
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Taiwan Wax Co PB Ratio?

Taiwan Wax Co ROCO:1742 +3.47% 51 PB Ratio is 1.18 as of Jul. 23, 2026, which is 7% below its 10-year median of 1.27. GuruFocus rates ROCO:1742 with a GF Score™ of 51/100 and a GF Value™ of NT$5.49 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,575 Chemicals companies, Taiwan Wax Co ranks better than 67.17% 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 (2026-07-23), Taiwan Wax Co's share price is NT$16.40. Taiwan Wax Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$13.94. Hence, Taiwan Wax Co's PB Ratio of today is 1.18.

Warning Sign:

Taiwan Wax Co Ltd stock PB Ratio (=1.16) is close to 3-year high of 1.28.

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

ROCO:1742' s PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.27   Max: 2.27
Current: 1.18

During the past 13 years, Taiwan Wax Co's highest PB Ratio was 2.27. The lowest was 0.74. And the median was 1.27.

ROCO:1742's PB Ratio is ranked better than
67.17% of 1575 companies
in the Chemicals industry
Industry Median: 1.66 vs ROCO:1742: 1.18

During the past 12 months, Taiwan Wax Co's average Book Value Per Share Growth Rate was -7.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Taiwan Wax Co was 17.80% per year. The lowest was -14.90% per year. And the median was 0.70% per year.

Back to Basics: PB Ratio


Taiwan Wax Co  (ROCO:1742) 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.


Taiwan Wax Co PB Ratio Related Terms


Taiwan Wax Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Wax 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.

Taiwan Wax Co PB Ratio Chart

Taiwan Wax 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 1.14 1.09 1.24 1.15 0.98

Taiwan Wax 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 1.15 1.19 1.14 1.03 0.98

ROCO:1742 vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Taiwan Wax 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.


Taiwan Wax Co PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Wax Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Wax Co's PB Ratio falls into.


ROCO:1742
51GF Score
Taiwan Wax Co Ltd ROCO:1742
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Wax 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.

Taiwan Wax Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=16.40/13.935
=1.18

* 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 1.18 mean?
Taiwan Wax Co (ROCO:1742) has a PB Ratio of 1.18 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Taiwan Wax Co and its competitors. This is near median its historical median of 1.27. Over the past decade, Taiwan Wax Co's PB Ratio has ranged from 0.74 to 2.27. According to the industry distribution chart, Taiwan Wax Co ranks #517 out of 1575 companies in the Chemicals industry, placing it in the top 32.8%.
Is Taiwan Wax Co's PB Ratio too high?
Taiwan Wax Co's current PB Ratio of 1.18 is near median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.27. The Chemicals industry median PB Ratio is 1.66. Taiwan Wax Co's value of 1.18 is 28.9% below this industry median. Based on the distribution chart, Taiwan Wax Co ranks #517 out of 1575 companies in the Chemicals industry, which is above the industry midpoint. Overall, Taiwan Wax Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Wax Co's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiwan Wax Co ranks #517 out of 1575 companies for PB Ratio. This puts Taiwan Wax Co in the upper half of its industry. The industry median PB Ratio is 1.66. Taiwan Wax Co's value of 1.18 is 28.9% below this benchmark. Historically, Taiwan Wax Co's own PB Ratio has ranged from 0.74 to 2.27 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 1.66, Taiwan Wax 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.66, based on 1,575 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 Wax Co's current PB Ratio of 1.18 is 28.9% 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 Taiwan Wax Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Wax Co's current PB Ratio is 1.18, which is near median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Wax Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Wax Co (ROCO:1742) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$5.49, compared to a current price of NT$16.40 — trading 198.7% above its estimated fair value. The current PB Ratio is 1.18, which is near median its 10-year median of 1.27 and 28.9% below the Chemicals industry median of 1.66. Taiwan Wax Co's overall GF Score™ is 51/100 with 5 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 Wax Co (ROCO:1742), the current PB Ratio is 1.18 as of Jul. 23, 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 Wax Co (ROCO:1742) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Wax Co stock appears to be overvalued. The current stock price of NT$16.40 is trading 198.7% above its estimated GF Value™ of NT$5.49. GuruFocus considers Taiwan Wax Co to be Significantly Overvalued.

Key valuation signals for ROCO:1742:

  • PB Ratio: 1.18 (near median its 10-year median of 1.27)
  • GF Value™: NT$5.49 vs. price of NT$16.40 (198.7% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 28.9% below the Chemicals median (#517 of 1575)

No single metric tells the full story. See the ROCO:1742 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Wax Co Business Description

Address Zhongshan South Road, 3rd Floor, No. 610, Section 2, Dayuan District, Taoyuan, TWN
Taiwan Wax Co Ltd is engaged in manufacturing, trading, importing, and exporting various wax raw materials and finished products, trading optoelectronic equipment, trading aquatic products, and providing brokerage services. The company derives revenue from sales of merchandise derived from sales of aquatic products, optoelectronic equipment, and various finished wax products.
51GF Score

Get the complete analysis for ROCO:1742

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

NT$16.40
Price
NT$5.49
GF Value