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What is Tai Shing Electronics Components PB Ratio?
Tai Shing Electronics ComponentsROCO:3426 72 PB Ratio is 1.66 as of Jul. 19, 2026, which is 1% above its 10-year median of 1.65. GuruFocus rates ROCO:3426 with a GF Score™ of 72/100 and a GF Value™ of NT$34.91 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,419 Hardware companies, Tai Shing Electronics Components ranks better than 61.31% on this metric.
ROCO:3426'
s PB Ratio Range Over the Past 10 Years
Min: 1.12 Med: 1.65 Max: 3.07
Current: 1.66
During the past 13 years, Tai Shing Electronics Components's highest PB Ratio was 3.07. The lowest was 1.12. And the median was 1.65.
ROCO:3426's PB Ratio is ranked better than 61.31% of 2419
companies
in the Hardware industry
Industry Median: 2.19
vs ROCO:3426: 1.66
During the past 12 months, Tai Shing Electronics Components's average Book Value Per Share Growth Rate was -1.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tai Shing Electronics Components was 9.80% per year. The lowest was -0.30% per year. And the median was 3.70% per year.
Back to Basics: PB Ratio
Tai Shing Electronics Components (ROCO:3426) 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.
Tai Shing Electronics Components PB Ratio Related Terms
Tai Shing Electronics Components 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.
For the Electronic Components subindustry, Tai Shing Electronics Components'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.
Tai Shing Electronics Components PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Tai Shing Electronics Components's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tai Shing Electronics Components's PB Ratio falls into.
Tai Shing Electronics Components 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.
Tai Shing Electronics Components (ROCO:3426) has a PB Ratio of 1.66 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 Tai Shing Electronics Components and its competitors. This is near median its historical median of 1.65. Over the past decade, Tai Shing Electronics Components' PB Ratio has ranged from 1.12 to 3.07. According to the industry distribution chart, Tai Shing Electronics Components ranks #936 out of 2419 companies in the Hardware industry, placing it in the top 38.7%.
Is Tai Shing Electronics Components' PB Ratio too high?
Tai Shing Electronics Components' current PB Ratio of 1.66 is near median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 3.07. The Hardware industry median PB Ratio is 2.19. Tai Shing Electronics Components' value of 1.66 is 24.2% below this industry median. Based on the distribution chart, Tai Shing Electronics Components ranks #936 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, Tai Shing Electronics Components has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tai Shing Electronics Components' PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Tai Shing Electronics Components ranks #936 out of 2419 companies for PB Ratio. This puts Tai Shing Electronics Components in the upper half of its industry. The industry median PB Ratio is 2.19. Tai Shing Electronics Components' value of 1.66 is 24.2% below this benchmark. Historically, Tai Shing Electronics Components' own PB Ratio has ranged from 1.12 to 3.07 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 2.19, Tai Shing Electronics Components 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 Hardware company?
The median PB Ratio among Hardware companies is 2.19, 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. Tai Shing Electronics Components's current PB Ratio of 1.66 is 24.2% 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 Tai Shing Electronics Components and its competitors. For the Hardware industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tai Shing Electronics Components's current PB Ratio is 1.66, which is near median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tai Shing Electronics Components stock overvalued right now?
Based on GuruFocus' analysis, Tai Shing Electronics Components (ROCO:3426) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$34.91, compared to a current price of NT$47.80 — trading 36.9% above its estimated fair value. The current PB Ratio is 1.66, which is near median its 10-year median of 1.65 and 24.2% below the Hardware industry median of 2.19. Tai Shing Electronics Components' overall GF Score™ is 72/100 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 Tai Shing Electronics Components (ROCO:3426), the current PB Ratio is 1.66 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 Tai Shing Electronics Components (ROCO:3426) Overvalued in 2026?
Based on GuruFocus' analysis, Tai Shing Electronics Components stock appears to be overvalued.
The current stock price of NT$47.80 is trading 36.9% above its estimated GF Value™ of NT$34.91.
GuruFocus considers Tai Shing Electronics Components to be Significantly Overvalued.
Key valuation signals for ROCO:3426:
PB Ratio: 1.66 (near median its 10-year median of 1.65)
GF Value™: NT$34.91 vs. price of NT$47.80 (36.9% above fair value)
Industry Position: 24.2% below the Hardware median (#936 of 2419)
No single metric tells the full story. See the ROCO:3426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tai Shing Electronics Components Business Description
Tai Shing Electronics Components Corp is engaged in the manufacturing of metal valves, other fabricated metal products, electric appliances, audiovisual electric products, wired communication equipment and apparatuses, telecommunication equipment, and apparatuses among other products. The company segment includes the Domestic sales and manufacturing department and the Overseas sales and manufacturing department. The company generates the majority of its revenue from the Overseas sales and manufacturing department. Geographically, the company operates in Asia, Europe and the Americas. It derives maximum revenue from Americas.
72GF Score
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