Munsin Garment (ROCO:2916) PB Ratio: 1.59 (As of Jul. 17, 2026) — 33% Above Median

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ROCO:2916 Munsin Garment Corp ROCO:2916
80 GF Score
Price NT$40.10
GF Value NT$46.88
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Munsin Garment PB Ratio?

Munsin Garment ROCO:2916 -0.99% 80 PB Ratio is 1.59 as of Jul. 17, 2026, which is 33% above its 10-year median of 1.20. GuruFocus rates ROCO:2916 with a GF Score™ of 80/100 and a GF Value™ of NT$46.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 999 Manufacturing - Apparel & Accessories companies, Munsin Garment ranks worse than 63.96% 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), Munsin Garment's share price is NT$40.10. Munsin Garment's Book Value per Share for the quarter that ended in Dec. 2025 was NT$25.26. Hence, Munsin Garment's PB Ratio of today is 1.59.

Good Sign:

Munsin Garment Corp stock PB Ratio (=1.6) is close to 3-year low of 1.6.

The historical rank and industry rank for Munsin Garment's PB Ratio or its related term are showing as below:

ROCO:2916' s PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.2   Max: 3.56
Current: 1.58

During the past 13 years, Munsin Garment's highest PB Ratio was 3.56. The lowest was 0.91. And the median was 1.20.

ROCO:2916's PB Ratio is ranked worse than
63.96% of 999 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs ROCO:2916: 1.58

During the past 12 months, Munsin Garment'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 11.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Munsin Garment was 12.80% per year. The lowest was -1.10% per year. And the median was 1.10% per year.

Back to Basics: PB Ratio


Munsin Garment  (ROCO:2916) 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.


Munsin Garment PB Ratio Related Terms


Munsin Garment PB Ratio Historical Data

* Premium members only.

The historical data trend for Munsin Garment'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.

Munsin Garment PB Ratio Chart

Munsin Garment 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 1.20 1.22 2.35 1.99 1.94

Munsin Garment 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 1.99 2.28 1.99 2.01 1.94

ROCO:2916 vs RL, LEVI, VFC: PB Ratio Comparison

For the Apparel Manufacturing subindustry, Munsin Garment'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.


Munsin Garment PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Munsin Garment's PB Ratio distribution charts can be found below:

* The bar in red indicates where Munsin Garment's PB Ratio falls into.


ROCO:2916
80GF Score
Munsin Garment Corp ROCO:2916
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Munsin Garment 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.

Munsin Garment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=40.10/25.257
=1.59

* 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 1.59 mean?
Munsin Garment (ROCO:2916) has a PB Ratio of 1.59 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 Munsin Garment and its competitors. This is 33% above median its historical median of 1.20. Over the past decade, Munsin Garment's PB Ratio has ranged from 0.91 to 3.56. According to the industry distribution chart, Munsin Garment ranks #639 out of 999 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 64%.
Is Munsin Garment's PB Ratio too high?
Munsin Garment's current PB Ratio of 1.59 is 33% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 3.56. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. Munsin Garment's value of 1.59 is 47.2% above this industry median. Based on the distribution chart, Munsin Garment ranks #639 out of 999 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Munsin Garment has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munsin Garment's PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Munsin Garment ranks #639 out of 999 companies for PB Ratio. This places Munsin Garment in the lower half of its industry. The industry median PB Ratio is 1.08. Munsin Garment's value of 1.59 is 47.2% above this benchmark. Historically, Munsin Garment's own PB Ratio has ranged from 0.91 to 3.56 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.08, Munsin Garment has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.08, based on 999 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. Munsin Garment's current PB Ratio of 1.59 is 47.2% above 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 Munsin Garment and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munsin Garment's current PB Ratio is 1.59, which is 33% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munsin Garment stock overvalued right now?
Based on GuruFocus' analysis, Munsin Garment (ROCO:2916) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$46.88, compared to a current price of NT$40.10 — trading 14.5% below its estimated fair value. The current PB Ratio is 1.59, which is 33% above median its 10-year median of 1.20 and 47.2% above the Manufacturing - Apparel & Accessories industry median of 1.08. Munsin Garment's overall GF Score™ is 80/100 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 Munsin Garment (ROCO:2916), the current PB Ratio is 1.59 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 Munsin Garment (ROCO:2916) Overvalued in 2026?

Based on GuruFocus' analysis, Munsin Garment stock appears to be undervalued. The current stock price of NT$40.10 is trading 14.5% below its estimated GF Value™ of NT$46.88. GuruFocus considers Munsin Garment to be Modestly Undervalued.

Key valuation signals for ROCO:2916:

  • PB Ratio: 1.59 (33% above median its 10-year median of 1.20)
  • GF Value™: NT$46.88 vs. price of NT$40.10 (14.5% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 47.2% above the Manufacturing - Apparel & Accessories median (#639 of 999)

No single metric tells the full story. See the ROCO:2916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Munsin Garment Business Description

Address Wuquan 6th Road, No. 18, Wugu District, New Taipei City, TWN
Munsin Garment Corp is mainly engaged in the manufacturing and sale of various garments and knitwear; acting as a product distribution, bidding, and quoting agent for domestic and international brands; and the import and export trade operations related to these business activities. The company deals in men's and women's apparel products of various international brands, such as Munsingwear, Le Coq Sportif, Pou Dou Dou, Eminento, Nara CamiCie, Hazzy, and others. Geographically, all of its revenue is derived from Taiwan.
80GF Score

Get the complete analysis for ROCO:2916

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

NT$40.10
Price
NT$46.88
GF Value