Soonest Express Co (ROCO:2643) PB Ratio: 1.03 (As of Jul. 21, 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:2643 Soonest Express Co Ltd ROCO:2643
74 GF Score
Price NT$58.50
GF Value NT$114.84
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Soonest Express Co PB Ratio?

Soonest Express Co ROCO:2643 -0.85% 74 PB Ratio is 1.03 as of Jul. 21, 2026, which is 28% below its 10-year median of 1.44. GuruFocus rates ROCO:2643 with a GF Score™ of 74/100 and a GF Value™ of NT$114.84 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 966 Transportation companies, Soonest Express Co ranks better than 59.94% 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 (2026-07-21), Soonest Express Co's share price is NT$58.50. Soonest Express Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$57.01. Hence, Soonest Express Co's PB Ratio of today is 1.03.

Good Sign:

Soonest Express Co Ltd stock PB Ratio (=1.03) is close to 10-year low of 1.03.

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

ROCO:2643' s PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.44   Max: 3.81
Current: 1.02

During the past 13 years, Soonest Express Co's highest PB Ratio was 3.81. The lowest was 1.02. And the median was 1.44.

ROCO:2643's PB Ratio is ranked better than
59.94% of 966 companies
in the Transportation industry
Industry Median: 1.24 vs ROCO:2643: 1.02

During the past 12 months, Soonest Express Co's average Book Value Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Soonest Express Co was 24.70% per year. The lowest was 2.90% per year. And the median was 14.60% per year.

Back to Basics: PB Ratio


Soonest Express Co  (ROCO:2643) 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.


Soonest Express Co PB Ratio Related Terms


Soonest Express Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Soonest Express 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.

Soonest Express Co PB Ratio Chart

Soonest Express 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 2.09 1.33 1.41 1.34 1.30

Soonest Express 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 1.34 1.37 1.42 1.30 1.30

ROCO:2643 vs UPS, FDX, JBHT: PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Soonest Express 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.


Soonest Express Co PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Soonest Express Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Soonest Express Co's PB Ratio falls into.


ROCO:2643
74GF Score
Soonest Express Co Ltd ROCO:2643
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Soonest Express 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.

Soonest Express Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=58.50/57.011
=1.03

* 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 1.03 mean?
Soonest Express Co (ROCO:2643) has a PB Ratio of 1.03 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Soonest Express Co and its competitors. This is 28% below median its historical median of 1.44. Over the past decade, Soonest Express Co's PB Ratio has ranged from 1.02 to 3.81. According to the industry distribution chart, Soonest Express Co ranks #387 out of 966 companies in the Transportation industry, placing it in the top 40.1%.
Is Soonest Express Co's PB Ratio too high?
Soonest Express Co's current PB Ratio of 1.03 is 28% below median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 3.81. The Transportation industry median PB Ratio is 1.24. Soonest Express Co's value of 1.03 is 16.9% below this industry median. Based on the distribution chart, Soonest Express Co ranks #387 out of 966 companies in the Transportation industry, which is above the industry midpoint. Overall, Soonest Express Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Soonest Express Co's PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Soonest Express Co ranks #387 out of 966 companies for PB Ratio. This puts Soonest Express Co in the upper half of its industry. The industry median PB Ratio is 1.24. Soonest Express Co's value of 1.03 is 16.9% below this benchmark. Historically, Soonest Express Co's own PB Ratio has ranged from 1.02 to 3.81 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 1.24, Soonest Express 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 Transportation company?
The median PB Ratio among Transportation companies is 1.24, based on 966 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. Soonest Express Co's current PB Ratio of 1.03 is 16.9% 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 Soonest Express Co and its competitors. For the Transportation industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Soonest Express Co's current PB Ratio is 1.03, which is 28% below median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soonest Express Co stock overvalued right now?
Based on GuruFocus' analysis, Soonest Express Co (ROCO:2643) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$114.84, compared to a current price of NT$58.50 — trading 49.1% below its estimated fair value. The current PB Ratio is 1.03, which is 28% below median its 10-year median of 1.44 and 16.9% below the Transportation industry median of 1.24. Soonest Express Co's overall GF Score™ is 74/100 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 Soonest Express Co (ROCO:2643), the current PB Ratio is 1.03 as of Jul. 21, 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 Soonest Express Co (ROCO:2643) Overvalued in 2026?

Based on GuruFocus' analysis, Soonest Express Co stock appears to be undervalued. The current stock price of NT$58.50 is trading 49.1% below its estimated GF Value™ of NT$114.84. GuruFocus considers Soonest Express Co to be Significantly Undervalued.

Key valuation signals for ROCO:2643:

  • PB Ratio: 1.03 (28% below median its 10-year median of 1.44)
  • GF Value™: NT$114.84 vs. price of NT$58.50 (49.1% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 16.9% below the Transportation median (#387 of 966)

No single metric tells the full story. See the ROCO:2643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Soonest Express Co Business Description

Address 4th Floor, Number 34, Rui Guang Road, Taipei, TWN, 114
Soonest Express Co Ltd is a Taiwan based company involved in providing cargo handling services to airlines. The company's services include Air Freight Forwarding, Ocean Freight Forwarding, Custom Clearance, Transit, and Courier Express.
74GF Score

Get the complete analysis for ROCO:2643

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

NT$58.50
Price
NT$114.84
GF Value