PixArt Imaging (ROCO:3227) PB Ratio: 2.33 (As of Jul. 21, 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:3227 PixArt Imaging Inc ROCO:3227
74 GF Score
Price NT$193.00
GF Value NT$236.47
Valuation Modestly Undervalued
! 1 Warning Sign
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What is PixArt Imaging PB Ratio?

PixArt Imaging ROCO:3227 +5.75% 74 PB Ratio is 2.33 as of Jul. 21, 2026, which is 6% below its 10-year median of 2.48. GuruFocus rates ROCO:3227 with a GF Score™ of 74/100 and a GF Value™ of NT$236.47 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 998 Semiconductors companies, PixArt Imaging ranks better than 64.43% 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 (2026-07-21), PixArt Imaging's share price is NT$193.00. PixArt Imaging's Book Value per Share for the quarter that ended in Dec. 2025 was NT$82.96. Hence, PixArt Imaging's PB Ratio of today is 2.33.

Good Sign:

PixArt Imaging Inc stock PB Ratio (=2.15) is close to 2-year low of 2.15.

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

ROCO:3227' s PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 2.48   Max: 4.63
Current: 2.33

During the past 13 years, PixArt Imaging's highest PB Ratio was 4.63. The lowest was 1.28. And the median was 2.48.

ROCO:3227's PB Ratio is ranked better than
64.43% of 998 companies
in the Semiconductors industry
Industry Median: 3.19 vs ROCO:3227: 2.33

During the past 12 months, PixArt Imaging's average Book Value Per Share Growth Rate was 7.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.90% 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 7.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PixArt Imaging was 15.40% per year. The lowest was -2.30% per year. And the median was 2.60% per year.

Back to Basics: PB Ratio


PixArt Imaging  (ROCO:3227) 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.


PixArt Imaging PB Ratio Related Terms


PixArt Imaging PB Ratio Historical Data

* Premium members only.

The historical data trend for PixArt Imaging'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.

PixArt Imaging PB Ratio Chart

PixArt Imaging 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 2.13 1.54 2.27 3.33 2.44

PixArt Imaging 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 3.33 3.15 3.19 3.13 2.44

ROCO:3227 vs NVDA, AVGO, MU: PB Ratio Comparison

For the Semiconductors subindustry, PixArt Imaging'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.


PixArt Imaging PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, PixArt Imaging's PB Ratio distribution charts can be found below:

* The bar in red indicates where PixArt Imaging's PB Ratio falls into.


ROCO:3227
74GF Score
PixArt Imaging Inc ROCO:3227
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PixArt Imaging 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.

PixArt Imaging's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=193.00/82.957
=2.33

* 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 2.33 mean?
PixArt Imaging (ROCO:3227) has a PB Ratio of 2.33 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PixArt Imaging and its competitors. This is near median its historical median of 2.48. Over the past decade, PixArt Imaging's PB Ratio has ranged from 1.28 to 4.63. According to the industry distribution chart, PixArt Imaging ranks #355 out of 998 companies in the Semiconductors industry, placing it in the top 35.6%.
Is PixArt Imaging's PB Ratio too high?
PixArt Imaging's current PB Ratio of 2.33 is near median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 4.63. The Semiconductors industry median PB Ratio is 3.19. PixArt Imaging's value of 2.33 is 27% below this industry median. Based on the distribution chart, PixArt Imaging ranks #355 out of 998 companies in the Semiconductors industry, which is above the industry midpoint. Overall, PixArt Imaging has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PixArt Imaging's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, PixArt Imaging ranks #355 out of 998 companies for PB Ratio. This puts PixArt Imaging in the upper half of its industry. The industry median PB Ratio is 3.19. PixArt Imaging's value of 2.33 is 27% below this benchmark. Historically, PixArt Imaging's own PB Ratio has ranged from 1.28 to 4.63 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 3.19, PixArt Imaging 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.19, based on 998 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. PixArt Imaging's current PB Ratio of 2.33 is 27% 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 PixArt Imaging and its competitors. For the Semiconductors industry, the median PB Ratio is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PixArt Imaging's current PB Ratio is 2.33, which is near median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PixArt Imaging stock overvalued right now?
Based on GuruFocus' analysis, PixArt Imaging (ROCO:3227) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$236.47, compared to a current price of NT$193.00 — trading 18.4% below its estimated fair value. The current PB Ratio is 2.33, which is near median its 10-year median of 2.48 and 27% below the Semiconductors industry median of 3.19. PixArt Imaging's overall GF Score™ is 74/100 with 1 warning sign 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 PixArt Imaging (ROCO:3227), the current PB Ratio is 2.33 as of Jul. 21, 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 PixArt Imaging (ROCO:3227) Overvalued in 2026?

Based on GuruFocus' analysis, PixArt Imaging stock appears to be undervalued. The current stock price of NT$193.00 is trading 18.4% below its estimated GF Value™ of NT$236.47. GuruFocus considers PixArt Imaging to be Modestly Undervalued.

Key valuation signals for ROCO:3227:

  • PB Ratio: 2.33 (near median its 10-year median of 2.48)
  • GF Value™: NT$236.47 vs. price of NT$193.00 (18.4% below fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 27% below the Semiconductors median (#355 of 998)

No single metric tells the full story. See the ROCO:3227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PixArt Imaging Business Description

Address Innovation Road I, No. 5, 5th Floor, Hsinchu Science Park, Hsinchu, TWN
PixArt Imaging Inc manufactures and sells CMOS image sensors and related integrated circuits. It offers wired & wireless mouse sensors, PS2 mouse soc, USB mouse soc, laser mouse sensor, CMOS image sensor, PC-camera SoC, PC-camera controller, and others. Geographically, the company derives a majority of its revenue from Taiwan and Asia and other regions.
74GF Score

Get the complete analysis for ROCO:3227

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

NT$193.00
Price
NT$236.47
GF Value