Advanced Ceramic X (ROCO:3152) PB Ratio: 2.50 (As of Jul. 15, 2026) — 50% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:3152 Advanced Ceramic X Corp ROCO:3152
76 GF Score
Price NT$258.00
GF Value NT$277.09
Valuation Fairly Valued
! 6 Warning Signs
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What is Advanced Ceramic X PB Ratio?

Advanced Ceramic X ROCO:3152 -1.53% 76 PB Ratio is 2.50 as of Jul. 15, 2026, which is 50% below its 10-year median of 5.02. GuruFocus rates ROCO:3152 with a GF Score™ of 76/100 and a GF Value™ of NT$277.09 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,419 Hardware companies, Advanced Ceramic X ranks worse than 53.41% 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 (2026-07-15), Advanced Ceramic X's share price is NT$258.00. Advanced Ceramic X's Book Value per Share for the quarter that ended in Dec. 2025 was NT$103.33. Hence, Advanced Ceramic X's PB Ratio of today is 2.50.

The historical rank and industry rank for Advanced Ceramic X's PB Ratio or its related term are showing as below:

ROCO:3152' s PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 5.02   Max: 11.53
Current: 2.5

During the past 13 years, Advanced Ceramic X's highest PB Ratio was 11.53. The lowest was 1.39. And the median was 5.02.

ROCO:3152's PB Ratio is ranked worse than
53.41% of 2419 companies
in the Hardware industry
Industry Median: 2.27 vs ROCO:3152: 2.50

During the past 12 months, Advanced Ceramic X's average Book Value Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Advanced Ceramic X was 16.60% per year. The lowest was -0.50% per year. And the median was 3.75% per year.

Back to Basics: PB Ratio


Advanced Ceramic X  (ROCO:3152) 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.


Advanced Ceramic X PB Ratio Related Terms


Advanced Ceramic X PB Ratio Historical Data

* Premium members only.

The historical data trend for Advanced Ceramic X'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.

Advanced Ceramic X PB Ratio Chart

Advanced Ceramic X 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 6.34 3.54 4.71 3.31 2.52

Advanced Ceramic X 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 3.31 2.46 2.19 2.23 2.52

ROCO:3152 vs APH, GLW: PB Ratio Comparison

For the Electronic Components subindustry, Advanced Ceramic X'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.


Advanced Ceramic X PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Advanced Ceramic X's PB Ratio distribution charts can be found below:

* The bar in red indicates where Advanced Ceramic X's PB Ratio falls into.


ROCO:3152
76GF Score
Advanced Ceramic X Corp ROCO:3152
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advanced Ceramic X 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.

Advanced Ceramic X's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=258.00/103.33
=2.50

* 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 2.50 mean?
Advanced Ceramic X (ROCO:3152) has a PB Ratio of 2.50 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Advanced Ceramic X and its competitors. This is 50% below median its historical median of 5.02. Over the past decade, Advanced Ceramic X's PB Ratio has ranged from 1.39 to 11.53. According to the industry distribution chart, Advanced Ceramic X ranks #1292 out of 2419 companies in the Hardware industry, placing it in the top 53.4%.
Is Advanced Ceramic X's PB Ratio too high?
Advanced Ceramic X's current PB Ratio of 2.50 is 50% below median its 10-year median of 5.02. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 11.53. The Hardware industry median PB Ratio is 2.27. Advanced Ceramic X's value of 2.50 is 10.1% above this industry median. Based on the distribution chart, Advanced Ceramic X ranks #1292 out of 2419 companies in the Hardware industry, which is below the industry midpoint. Overall, Advanced Ceramic X has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Advanced Ceramic X's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Advanced Ceramic X ranks #1292 out of 2419 companies for PB Ratio. This places Advanced Ceramic X in the lower half of its industry. The industry median PB Ratio is 2.27. Advanced Ceramic X's value of 2.50 is 10.1% above this benchmark. Historically, Advanced Ceramic X's own PB Ratio has ranged from 1.39 to 11.53 over the past decade. While the company's 10-year median is 5.02 vs. the industry median of 2.27, Advanced Ceramic X 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 Hardware company?
The median PB Ratio among Hardware companies is 2.27, based on 2,419 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. Advanced Ceramic X's current PB Ratio of 2.50 is 10.1% 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 Advanced Ceramic X and its competitors. For the Hardware industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Ceramic X's current PB Ratio is 2.50, which is 50% below median its own 10-year median of 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Ceramic X stock overvalued right now?
Based on GuruFocus' analysis, Advanced Ceramic X (ROCO:3152) is currently considered Fairly Valued. The stock's GF Value™ is NT$277.09, compared to a current price of NT$258.00 — trading 6.9% below its estimated fair value. The current PB Ratio is 2.50, which is 50% below median its 10-year median of 5.02 and 10.1% above the Hardware industry median of 2.27. Advanced Ceramic X's overall GF Score™ is 76/100 with 6 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 Advanced Ceramic X (ROCO:3152), the current PB Ratio is 2.50 as of Jul. 15, 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 Advanced Ceramic X (ROCO:3152) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Ceramic X stock appears to be undervalued. The current stock price of NT$258.00 is trading 6.9% below its estimated GF Value™ of NT$277.09. GuruFocus considers Advanced Ceramic X to be Fairly Valued.

Key valuation signals for ROCO:3152:

  • PB Ratio: 2.50 (50% below median its 10-year median of 5.02)
  • GF Value™: NT$277.09 vs. price of NT$258.00 (6.9% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 10.1% above the Hardware median (#1292 of 2419)

No single metric tells the full story. See the ROCO:3152 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Ceramic X Business Description

Address No.165, Hanyang Road, Hsinchu Industrial District, Hsinchu Hsien, TWN, 30350
Advanced Ceramic X Corp manufactures high-frequency chip ceramic components and high-frequency components and modules for wireless communication. The business activities of the company are the design, manufacture and sale of RF front-end devices and modules for application in wireless communication. Its products include Antennas, Balun-Filters, Baluns, Coupler-Filters, Couplers, Band Pass Filters, Filter Arrays, High and Low Pass Filters, Diplexers, Saw-Triplexers, Triplexers, Power Dividers, FEM Series and High-Frequency Inductors. Geographically, it derives a majority of its revenue from China and also has a presence in the United States, Taiwan, Hong Kong, and Other Countries.
76GF Score

Get the complete analysis for ROCO:3152

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

NT$258.00
Price
NT$277.09
GF Value