Haewan International Development Co (ROCO:3252) PB Ratio: 0.44 (As of Jul. 16, 2026) — Near Median

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ROCO:3252 Haewan International Development Co Ltd ROCO:3252
69 GF Score
Price NT$17.35
GF Value NT$18.60
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Haewan International Development Co PB Ratio?

Haewan International Development Co ROCO:3252 -0.29% 69 PB Ratio is 0.44 as of Jul. 16, 2026, which is at its 10-year median of 0.44. GuruFocus rates ROCO:3252 with a GF Score™ of 69/100 and a GF Value™ of NT$18.60 (Fairly Valued). The stock has 7 warning signs investors should review. Among 792 Travel & Leisure companies, Haewan International Development Co ranks better than 86.11% 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 (2026-07-16), Haewan International Development Co's share price is NT$17.35. Haewan International Development Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$39.13. Hence, Haewan International Development Co's PB Ratio of today is 0.44.

Good Sign:

Haewan International Development Co Ltd stock PB Ratio (=0.45) is close to 3-year low of 0.44.

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

ROCO:3252' s PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.44   Max: 0.68
Current: 0.44

During the past 13 years, Haewan International Development Co's highest PB Ratio was 0.68. The lowest was 0.30. And the median was 0.44.

ROCO:3252's PB Ratio is ranked better than
86.11% of 792 companies
in the Travel & Leisure industry
Industry Median: 1.49 vs ROCO:3252: 0.44

During the past 12 months, Haewan International Development Co's average Book Value Per Share Growth Rate was 0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Haewan International Development Co was 385.70% per year. The lowest was -12.30% per year. And the median was 0.10% per year.

Back to Basics: PB Ratio


Haewan International Development Co  (ROCO:3252) 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.


Haewan International Development Co PB Ratio Related Terms


Haewan International Development Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Haewan International Development 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.

Haewan International Development Co PB Ratio Chart

Haewan International Development 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 0.42 0.50 0.54 0.52 0.50

Haewan International Development Co 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 0.52 0.49 0.51 0.52 0.50

ROCO:3252 vs LVS, MGM, WYNN: PB Ratio Comparison

For the Resorts & Casinos subindustry, Haewan International Development 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.


Haewan International Development Co PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Haewan International Development Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Haewan International Development Co's PB Ratio falls into.


ROCO:3252
69GF Score
Haewan International Development Co Ltd ROCO:3252
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haewan International Development 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.

Haewan International Development Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=17.35/39.128
=0.44

* 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 0.44 mean?
Haewan International Development Co (ROCO:3252) has a PB Ratio of 0.44 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Haewan International Development Co and its competitors. This is near median its historical median of 0.44. Over the past decade, Haewan International Development Co's PB Ratio has ranged from 0.30 to 0.68. According to the industry distribution chart, Haewan International Development Co ranks #110 out of 792 companies in the Travel & Leisure industry, placing it in the top 13.9%.
Is Haewan International Development Co's PB Ratio too high?
Haewan International Development Co's current PB Ratio of 0.44 is near median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.68. The Travel & Leisure industry median PB Ratio is 1.49. Haewan International Development Co's value of 0.44 is 70.5% below this industry median. Based on the distribution chart, Haewan International Development Co ranks #110 out of 792 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Haewan International Development Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Haewan International Development Co's PB Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Haewan International Development Co ranks #110 out of 792 companies for PB Ratio. This places Haewan International Development Co in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.49. Haewan International Development Co's value of 0.44 is 70.5% below this benchmark. Historically, Haewan International Development Co's own PB Ratio has ranged from 0.30 to 0.68 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 1.49, Haewan International Development 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 Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 792 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. Haewan International Development Co's current PB Ratio of 0.44 is 70.5% 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 Haewan International Development Co and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haewan International Development Co's current PB Ratio is 0.44, which is near median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haewan International Development Co stock overvalued right now?
Based on GuruFocus' analysis, Haewan International Development Co (ROCO:3252) is currently considered Fairly Valued. The stock's GF Value™ is NT$18.60, compared to a current price of NT$17.35 — trading 6.7% below its estimated fair value. The current PB Ratio is 0.44, which is near median its 10-year median of 0.44 and 70.5% below the Travel & Leisure industry median of 1.49. Haewan International Development Co's overall GF Score™ is 69/100 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 Haewan International Development Co (ROCO:3252), the current PB Ratio is 0.44 as of Jul. 16, 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 Haewan International Development Co (ROCO:3252) Overvalued in 2026?

Based on GuruFocus' analysis, Haewan International Development Co stock appears to be undervalued. The current stock price of NT$17.35 is trading 6.7% below its estimated GF Value™ of NT$18.60. GuruFocus considers Haewan International Development Co to be Fairly Valued.

Key valuation signals for ROCO:3252:

  • PB Ratio: 0.44 (near median its 10-year median of 0.44)
  • GF Value™: NT$18.60 vs. price of NT$17.35 (6.7% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 70.5% below the Travel & Leisure median (#110 of 792)

No single metric tells the full story. See the ROCO:3252 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haewan International Development Co Business Description

Address No.22, Dahe Road, 3rd Floor, Minlongli, West District, Taichung, TWN, 403
Haewan International Development Co Ltd develops a residential property and operates hotels in Taiwan. The company's main business projects include (1) General hotel industry. (2) Residential and building development and leasing industry. (3) Real estate trading industry.
69GF Score

Get the complete analysis for ROCO:3252

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

NT$17.35
Price
NT$18.60
GF Value