Kingstate Electronics (ROCO:3206) PB Ratio: 1.40 (As of Jul. 15, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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ROCO:3206 Kingstate Electronics Corp ROCO:3206
70 GF Score
Price NT$36.85
GF Value NT$35.36
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Kingstate Electronics PB Ratio?

Kingstate Electronics ROCO:3206 -1.86% 70 PB Ratio is 1.40 as of Jul. 15, 2026, which is 7% below its 10-year median of 1.51. GuruFocus rates ROCO:3206 with a GF Score™ of 70/100 and a GF Value™ of NT$35.36 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,421 Hardware companies, Kingstate Electronics ranks better than 68.86% 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), Kingstate Electronics's share price is NT$36.85. Kingstate Electronics's Book Value per Share for the quarter that ended in Dec. 2025 was NT$26.37. Hence, Kingstate Electronics's PB Ratio of today is 1.40.

Warning Sign:

Kingstate Electronics Corp stock PB Ratio (=1.46) is close to 1-year high of 1.62.

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

ROCO:3206' s PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.51   Max: 2.54
Current: 1.4

During the past 13 years, Kingstate Electronics's highest PB Ratio was 2.54. The lowest was 1.20. And the median was 1.51.

ROCO:3206's PB Ratio is ranked better than
68.86% of 2421 companies
in the Hardware industry
Industry Median: 2.29 vs ROCO:3206: 1.40

During the past 12 months, Kingstate Electronics'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 6.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kingstate Electronics was 10.40% per year. The lowest was 2.20% per year. And the median was 6.00% per year.

Back to Basics: PB Ratio


Kingstate Electronics  (ROCO:3206) 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.


Kingstate Electronics PB Ratio Related Terms


Kingstate Electronics PB Ratio Historical Data

* Premium members only.

The historical data trend for Kingstate Electronics'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.

Kingstate Electronics PB Ratio Chart

Kingstate Electronics 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 1.50 1.34 1.83 1.59 1.21

Kingstate Electronics 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 1.59 1.52 1.58 1.37 1.21

ROCO:3206 vs APH, GLW: PB Ratio Comparison

For the Electronic Components subindustry, Kingstate Electronics'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.


Kingstate Electronics PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Kingstate Electronics's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kingstate Electronics's PB Ratio falls into.


ROCO:3206
70GF Score
Kingstate Electronics Corp ROCO:3206
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kingstate Electronics 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.

Kingstate Electronics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=36.85/26.37
=1.40

* 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 1.40 mean?
Kingstate Electronics (ROCO:3206) has a PB Ratio of 1.40 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 Kingstate Electronics and its competitors. This is near median its historical median of 1.51. Over the past decade, Kingstate Electronics' PB Ratio has ranged from 1.20 to 2.54. According to the industry distribution chart, Kingstate Electronics ranks #754 out of 2421 companies in the Hardware industry, placing it in the top 31.1%.
Is Kingstate Electronics' PB Ratio too high?
Kingstate Electronics' current PB Ratio of 1.40 is near median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 2.54. The Hardware industry median PB Ratio is 2.29. Kingstate Electronics' value of 1.40 is 38.9% below this industry median. Based on the distribution chart, Kingstate Electronics ranks #754 out of 2421 companies in the Hardware industry, which is above the industry midpoint. Overall, Kingstate Electronics has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kingstate Electronics' PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Kingstate Electronics ranks #754 out of 2421 companies for PB Ratio. This puts Kingstate Electronics in the upper half of its industry. The industry median PB Ratio is 2.29. Kingstate Electronics' value of 1.40 is 38.9% below this benchmark. Historically, Kingstate Electronics' own PB Ratio has ranged from 1.20 to 2.54 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 2.29, Kingstate Electronics 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 Hardware company?
The median PB Ratio among Hardware companies is 2.29, based on 2,421 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. Kingstate Electronics's current PB Ratio of 1.40 is 38.9% 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 Kingstate Electronics and its competitors. For the Hardware industry, the median PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingstate Electronics's current PB Ratio is 1.40, which is near median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingstate Electronics stock overvalued right now?
Based on GuruFocus' analysis, Kingstate Electronics (ROCO:3206) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.36, compared to a current price of NT$36.85 — trading 4.2% above its estimated fair value. The current PB Ratio is 1.40, which is near median its 10-year median of 1.51 and 38.9% below the Hardware industry median of 2.29. Kingstate Electronics' 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 Kingstate Electronics (ROCO:3206), the current PB Ratio is 1.40 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 Kingstate Electronics (ROCO:3206) Overvalued in 2026?

Based on GuruFocus' analysis, Kingstate Electronics stock appears to be overvalued. The current stock price of NT$36.85 is trading 4.2% above its estimated GF Value™ of NT$35.36. GuruFocus considers Kingstate Electronics to be Fairly Valued.

Key valuation signals for ROCO:3206:

  • PB Ratio: 1.40 (near median its 10-year median of 1.51)
  • GF Value™: NT$35.36 vs. price of NT$36.85 (4.2% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 38.9% below the Hardware median (#754 of 2421)

No single metric tells the full story. See the ROCO:3206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kingstate Electronics Business Description

Address Section 2, Zhongzheng East Road, 9th Floor, No. 69-11, Tamsui, New Taipei, TWN, 251
Kingstate Electronics Corp is engaged in the manufacturing and trading of wireless communication machinery and equipment, electronic components, and other electronic and electromechanical equipment. Its products include piezoelectric buzzers, electromagnetic buzzers, loudspeakers, microphones, piezoelectric alarms, receivers, and headsets.
70GF Score

Get the complete analysis for ROCO:3206

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

NT$36.85
Price
NT$35.36
GF Value