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The historical rank and industry rank for Higher Way Electronic Co's PB Ratio or its related term are showing as below:
ROCO:3268'
s PB Ratio Range Over the Past 10 Years
Min: 0.64 Med: 1.27 Max: 3.03
Current: 1.44
During the past 13 years, Higher Way Electronic Co's highest PB Ratio was 3.03. The lowest was 0.64. And the median was 1.27.
ROCO:3268's PB Ratio is ranked better than 77.05% of 998
companies
in the Semiconductors industry
Industry Median: 3.295
vs ROCO:3268: 1.44
During the past 12 months, Higher Way Electronic Co's average Book Value Per Share Growth Rate was -14.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Higher Way Electronic Co was 36.50% per year. The lowest was -11.60% per year. And the median was -2.40% per year.
Back to Basics: PB Ratio
Higher Way Electronic Co (ROCO:3268) PB Ratio Explanation
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.
* 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 Semiconductors subindustry, Higher Way Electronic 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.
Higher Way Electronic Co PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Higher Way Electronic Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Higher Way Electronic Co'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.
* 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.
Higher Way Electronic Co (ROCO:3268) has a PB Ratio of 1.44 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Higher Way Electronic Co and its competitors. This is 13% above median its historical median of 1.27. Over the past decade, Higher Way Electronic Co's PB Ratio has ranged from 0.64 to 3.03. According to the industry distribution chart, Higher Way Electronic Co ranks #229 out of 998 companies in the Semiconductors industry, placing it in the top 22.9%.
Is Higher Way Electronic Co's PB Ratio too high?
Higher Way Electronic Co's current PB Ratio of 1.44 is 13% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 3.03. The Semiconductors industry median PB Ratio is 3.30. Higher Way Electronic Co's value of 1.44 is 56.3% below this industry median. Based on the distribution chart, Higher Way Electronic Co ranks #229 out of 998 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Higher Way Electronic Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Higher Way Electronic Co's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Higher Way Electronic Co ranks #229 out of 998 companies for PB Ratio. This places Higher Way Electronic Co in the top 23% of its industry — outperforming the majority of peers. The industry median PB Ratio is 3.30. Higher Way Electronic Co's value of 1.44 is 56.3% below this benchmark. Historically, Higher Way Electronic Co's own PB Ratio has ranged from 0.64 to 3.03 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 3.30, Higher Way Electronic 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.30, 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. Higher Way Electronic Co's current PB Ratio of 1.44 is 56.3% 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 Higher Way Electronic Co and its competitors. For the Semiconductors industry, the median PB Ratio is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Higher Way Electronic Co's current PB Ratio is 1.44, which is 13% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Higher Way Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Higher Way Electronic Co (ROCO:3268) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.73, compared to a current price of NT$19.30 — trading 6.9% below its estimated fair value. The current PB Ratio is 1.44, which is 13% above median its 10-year median of 1.27 and 56.3% below the Semiconductors industry median of 3.30. Higher Way Electronic Co's overall GF Score™ is 56/100 with 5 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 Higher Way Electronic Co (ROCO:3268), the current PB Ratio is 1.44 as of Jul. 19, 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 Higher Way Electronic Co (ROCO:3268) Overvalued in 2026?
Based on GuruFocus' analysis, Higher Way Electronic Co stock appears to be undervalued.
The current stock price of NT$19.30 is trading 6.9% below its estimated GF Value™ of NT$20.73.
GuruFocus considers Higher Way Electronic Co to be Fairly Valued.
Key valuation signals for ROCO:3268:
PB Ratio: 1.44 (13% above median its 10-year median of 1.27)
GF Value™: NT$20.73 vs. price of NT$19.30 (6.9% below fair value)
Industry Position: 56.3% below the Semiconductors median (#229 of 998)
No single metric tells the full story. See the ROCO:3268 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Higher Way Electronic Co Ltd is engaged in providing IC chip integration services and embedded system. Its products include multi-media controller ICs, speech, and music ICs, memory device ICs, optoelectronic devices, LCD controller ICs, and others.
56GF Score
Get the complete analysis for ROCO:3268
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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