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Argosy ResearchROCO:3217 -4.84%91 PB Ratio is 2.84 as of Jul. 18, 2026, which is 10% above its 10-year median of 2.59. GuruFocus rates ROCO:3217 with a GF Score™ of 91/100 and a GF Value™ of NT$202.57 (Modestly Undervalued). Among 2,419 Hardware companies, Argosy Research ranks worse than 60.73% 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), Argosy Research's share price is NT$147.50. Argosy Research's Book Value per Share for the quarter that ended in Dec. 2025 was NT$51.92. Hence, Argosy Research's PB Ratio of today is 2.84.
The historical rank and industry rank for Argosy Research's PB Ratio or its related term are showing as below:
ROCO:3217'
s PB Ratio Range Over the Past 10 Years
Min: 0.8 Med: 2.59 Max: 5.09
Current: 2.84
During the past 13 years, Argosy Research's highest PB Ratio was 5.09. The lowest was 0.80. And the median was 2.59.
ROCO:3217's PB Ratio is ranked worse than 60.73% of 2419
companies
in the Hardware industry
Industry Median: 2.25
vs ROCO:3217: 2.84
During the past 12 months, Argosy Research's average Book Value Per Share Growth Rate was 0.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Argosy Research was 27.70% per year. The lowest was -2.00% per year. And the median was 6.45% per year.
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.
Argosy Research PB Ratio Related Terms
Argosy Research PB Ratio Historical Data
* Premium members only.
The historical data trend for Argosy Research'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.
For the Electronic Components subindustry, Argosy Research'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.
Argosy Research PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Argosy Research's PB Ratio distribution charts can be found below:
* The bar in red indicates where Argosy Research's PB Ratio falls into.
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.
Argosy Research's PB Ratio for today is calculated as follows:
* 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.
Argosy Research (ROCO:3217) has a PB Ratio of 2.84 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 Argosy Research and its competitors. This is 10% above median its historical median of 2.59. Over the past decade, Argosy Research's PB Ratio has ranged from 0.80 to 5.09. According to the industry distribution chart, Argosy Research ranks #1469 out of 2419 companies in the Hardware industry, placing it in the top 60.7%.
Is Argosy Research's PB Ratio too high?
Argosy Research's current PB Ratio of 2.84 is 10% above median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 5.09. The Hardware industry median PB Ratio is 2.25. Argosy Research's value of 2.84 is 26.2% above this industry median. Based on the distribution chart, Argosy Research ranks #1469 out of 2419 companies in the Hardware industry, which is below the industry midpoint. Overall, Argosy Research has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Argosy Research's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Argosy Research ranks #1469 out of 2419 companies for PB Ratio. This places Argosy Research in the lower half of its industry. The industry median PB Ratio is 2.25. Argosy Research's value of 2.84 is 26.2% above this benchmark. Historically, Argosy Research's own PB Ratio has ranged from 0.80 to 5.09 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 2.25, Argosy Research 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 2.25, 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. Argosy Research's current PB Ratio of 2.84 is 26.2% 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 Argosy Research and its competitors. For the Hardware industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argosy Research's current PB Ratio is 2.84, which is 10% above median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argosy Research stock overvalued right now?
Based on GuruFocus' analysis, Argosy Research (ROCO:3217) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$202.57, compared to a current price of NT$147.50 — trading 27.2% below its estimated fair value. The current PB Ratio is 2.84, which is 10% above median its 10-year median of 2.59 and 26.2% above the Hardware industry median of 2.25. Argosy Research's overall GF Score™ is 91/100. 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 Argosy Research (ROCO:3217), the current PB Ratio is 2.84 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 Argosy Research (ROCO:3217) Overvalued in 2026?
Based on GuruFocus' analysis, Argosy Research stock appears to be undervalued.
The current stock price of NT$147.50 is trading 27.2% below its estimated GF Value™ of NT$202.57.
GuruFocus considers Argosy Research to be Modestly Undervalued.
Key valuation signals for ROCO:3217:
PB Ratio: 2.84 (10% above median its 10-year median of 2.59)
GF Value™: NT$202.57 vs. price of NT$147.50 (27.2% below fair value)
Industry Position: 26.2% above the Hardware median (#1469 of 2419)
No single metric tells the full story. See the ROCO:3217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argosy Research Inc is engaged in the manufacture and sale of electronic components and electronic connectors as its main business item. It has developed the following electronics connector categories: USB3.1 Type-C, DDR3/4/5(SO-DIMM & Long DIMM), M.2(NGFF), Mini PCIe, LVDS, RF Coaxial, Battery, and Injection/Molding Parts (Housing) in various and customizable specifications and products, among others. Geographically, the company generates a majority of its revenue from Asia and the rest from the Americas and other regions.
91GF Score
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