Bedding World Co (ROCO:2938) PB Ratio: 0.74 (As of Jul. 18, 2026) — 49% Below Median

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Founder & CEO of GuruFocus
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ROCO:2938 Bedding World Co Ltd ROCO:2938
70 GF Score
Price NT$25.20
GF Value NT$34.03
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Bedding World Co PB Ratio?

Bedding World Co ROCO:2938 -4.00% 70 PB Ratio is 0.74 as of Jul. 18, 2026, which is 49% below its 10-year median of 1.45. GuruFocus rates ROCO:2938 with a GF Score™ of 70/100 and a GF Value™ of NT$34.03 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 422 Furnishings, Fixtures & Appliances companies, Bedding World Co ranks better than 68.96% 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 (2026-07-18), Bedding World Co's share price is NT$25.20. Bedding World Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$33.93. Hence, Bedding World Co's PB Ratio of today is 0.74.

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

ROCO:2938' s PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.45   Max: 2.55
Current: 0.75

During the past 13 years, Bedding World Co's highest PB Ratio was 2.55. The lowest was 0.67. And the median was 1.45.

ROCO:2938's PB Ratio is ranked better than
68.96% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.32 vs ROCO:2938: 0.75

During the past 12 months, Bedding World Co's average Book Value Per Share Growth Rate was -2.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bedding World Co was 31.40% per year. The lowest was 1.90% per year. And the median was 9.20% per year.

Back to Basics: PB Ratio


Bedding World Co  (ROCO:2938) 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.


Bedding World Co PB Ratio Related Terms


Bedding World Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Bedding World 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.

Bedding World Co PB Ratio Chart

Bedding World 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 1.23 1.31 1.26 1.08 0.71

Bedding World Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 1.26 1.54 1.08 1.06 0.71

ROCO:2938 vs SN, SGI, MHK: PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Bedding World 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.


Bedding World Co PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bedding World Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bedding World Co's PB Ratio falls into.


ROCO:2938
70GF Score
Bedding World Co Ltd ROCO:2938
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bedding World 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.

Bedding World Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=25.20/33.926
=0.74

* 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 0.74 mean?
Bedding World Co (ROCO:2938) has a PB Ratio of 0.74 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bedding World Co and its competitors. This is 49% below median its historical median of 1.45. Over the past decade, Bedding World Co's PB Ratio has ranged from 0.67 to 2.55. According to the industry distribution chart, Bedding World Co ranks #131 out of 422 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 31%.
Is Bedding World Co's PB Ratio too high?
Bedding World Co's current PB Ratio of 0.74 is 49% below median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.55. The Furnishings, Fixtures & Appliances industry median PB Ratio is 1.32. Bedding World Co's value of 0.74 is 43.9% below this industry median. Based on the distribution chart, Bedding World Co ranks #131 out of 422 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Bedding World Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bedding World Co's PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Bedding World Co ranks #131 out of 422 companies for PB Ratio. This puts Bedding World Co in the upper half of its industry. The industry median PB Ratio is 1.32. Bedding World Co's value of 0.74 is 43.9% below this benchmark. Historically, Bedding World Co's own PB Ratio has ranged from 0.67 to 2.55 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 1.32, Bedding World 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 Furnishings, Fixtures & Appliances company?
The median PB Ratio among Furnishings, Fixtures & Appliances companies is 1.32, based on 422 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. Bedding World Co's current PB Ratio of 0.74 is 43.9% 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 Bedding World Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bedding World Co's current PB Ratio is 0.74, which is 49% below median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bedding World Co stock overvalued right now?
Based on GuruFocus' analysis, Bedding World Co (ROCO:2938) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.03, compared to a current price of NT$25.20 — trading 25.9% below its estimated fair value. The current PB Ratio is 0.74, which is 49% below median its 10-year median of 1.45 and 43.9% below the Furnishings, Fixtures & Appliances industry median of 1.32. Bedding World Co's overall GF Score™ is 70/100 with 7 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 Bedding World Co (ROCO:2938), the current PB Ratio is 0.74 as of Jul. 18, 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 Bedding World Co (ROCO:2938) Overvalued in 2026?

Based on GuruFocus' analysis, Bedding World Co stock appears to be undervalued. The current stock price of NT$25.20 is trading 25.9% below its estimated GF Value™ of NT$34.03. GuruFocus considers Bedding World Co to be Modestly Undervalued.

Key valuation signals for ROCO:2938:

  • PB Ratio: 0.74 (49% below median its 10-year median of 1.45)
  • GF Value™: NT$34.03 vs. price of NT$25.20 (25.9% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 43.9% below the Furnishings, Fixtures & Appliances median (#131 of 422)

No single metric tells the full story. See the ROCO:2938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bedding World Co Business Description

Address Number 88, Sec. 1, Jiuzong Road, Neihu District, Taipei City, TWN
Bedding World Co Ltd is a Taiwan based company mainly engaged in manufacturing of a variety of beds. The company's product offerings include Classic bed, National mattress, Grand Canyon, Statue of Liberty, Harvard and other brands of beds and other related stuff.
70GF Score

Get the complete analysis for ROCO:2938

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

NT$25.20
Price
NT$34.03
GF Value