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ROCO:3362's PB Ratio is ranked worse than 84.08% of 2419
companies
in the Hardware industry
Industry Median: 2.25
vs ROCO:3362: 6.06
During the past 12 months, Ability Opto-Electronics Technology Co's average Book Value Per Share Growth Rate was -7.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ability Opto-Electronics Technology Co was 22.90% per year. The lowest was -11.90% per year. And the median was 7.10% per year.
Back to Basics: PB Ratio
Ability Opto-Electronics Technology Co (ROCO:3362) 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.
Ability Opto-Electronics Technology Co PB Ratio Related Terms
Ability Opto-Electronics Technology Co PB Ratio Historical Data
* 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.
Ability Opto-Electronics Technology Co PB Ratio Chart
Ability Opto-Electronics Technology Co Annual Data
For the Electronic Components subindustry, Ability Opto-Electronics Technology 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.
Ability Opto-Electronics Technology Co PB Ratio vs Hardware Industry
Ability Opto-Electronics Technology 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.
* 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.
Ability Opto-Electronics Technology Co (ROCO:3362) has a PB Ratio of 6.05 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ability Opto-Electronics Technology Co and its competitors. This is 55% above median its historical median of 3.91. Over the past decade, Ability Opto-Electronics Technology Co's PB Ratio has ranged from 1.04 to 12.07. According to the industry distribution chart, Ability Opto-Electronics Technology Co ranks #2034 out of 2419 companies in the Hardware industry, placing it in the top 84.1%.
Is Ability Opto-Electronics Technology Co's PB Ratio too high?
Ability Opto-Electronics Technology Co's current PB Ratio of 6.05 is 55% above median its 10-year median of 3.91. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 12.07. The Hardware industry median PB Ratio is 2.25. Ability Opto-Electronics Technology Co's value of 6.05 is 168.9% above this industry median. Based on the distribution chart, Ability Opto-Electronics Technology Co ranks #2034 out of 2419 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ability Opto-Electronics Technology Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ability Opto-Electronics Technology Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Ability Opto-Electronics Technology Co ranks #2034 out of 2419 companies for PB Ratio. This places Ability Opto-Electronics Technology Co in the lower half of its industry. The industry median PB Ratio is 2.25. Ability Opto-Electronics Technology Co's value of 6.05 is 168.9% above this benchmark. Historically, Ability Opto-Electronics Technology Co's own PB Ratio has ranged from 1.04 to 12.07 over the past decade. While the company's 10-year median is 3.91 vs. the industry median of 2.25, Ability Opto-Electronics Technology Co 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. Ability Opto-Electronics Technology Co's current PB Ratio of 6.05 is 168.9% 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 Ability Opto-Electronics Technology Co 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. Ability Opto-Electronics Technology Co's current PB Ratio is 6.05, which is 55% above median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ability Opto-Electronics Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ability Opto-Electronics Technology Co (ROCO:3362) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$185.97, compared to a current price of NT$156.00 — trading 16.1% below its estimated fair value. The current PB Ratio is 6.05, which is 55% above median its 10-year median of 3.91 and 168.9% above the Hardware industry median of 2.25. Ability Opto-Electronics Technology Co's overall GF Score™ is 63/100 with 6 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 Ability Opto-Electronics Technology Co (ROCO:3362), the current PB Ratio is 6.05 as of Jul. 17, 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 Ability Opto-Electronics Technology Co (ROCO:3362) Overvalued in 2026?
Based on GuruFocus' analysis, Ability Opto-Electronics Technology Co stock appears to be undervalued.
The current stock price of NT$156.00 is trading 16.1% below its estimated GF Value™ of NT$185.97.
GuruFocus considers Ability Opto-Electronics Technology Co to be Modestly Undervalued.
Key valuation signals for ROCO:3362:
PB Ratio: 6.05 (55% above median its 10-year median of 3.91)
GF Value™: NT$185.97 vs. price of NT$156.00 (16.1% below fair value)
Industry Position: 168.9% above the Hardware median (#2034 of 2419)
No single metric tells the full story. See the ROCO:3362 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ability Opto-Electronics Technology Co Business Description
Ability Opto-Electronics Technology Co Ltd is engaged in the research & development, and manufacturing of professional optical lenses. The company designs and manufactures lenses for scanners, projectors, digital cameras, multi-function printers, mobile phones, digital video recorders, multi-function printers, cell phone cameras, laptops, tablets, IP cameras, monitors, automotive lenses, and others. The reportable segments of the company are; the Optical segment which derives key revenue, and the Electronic components segment. Geographically, it derives maximum revenue from Mainland China and the rest from Taiwan, and other countries.
63GF Score
Get the complete analysis for ROCO:3362
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