Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ROCO:3465's PB Ratio is ranked better than 66.38% of 2421
companies
in the Hardware industry
Industry Median: 2.29
vs ROCO:3465: 1.44
During the past 12 months, New Advanced Electronics Technologies Co's average Book Value Per Share Growth Rate was -7.70% 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 10.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 27.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of New Advanced Electronics Technologies Co was 85.70% per year. The lowest was -40.00% per year. And the median was -2.85% per year.
Back to Basics: PB Ratio
New Advanced Electronics Technologies Co (ROCO:3465) 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.
New Advanced Electronics Technologies Co PB Ratio Related Terms
New Advanced Electronics Technologies 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.
New Advanced Electronics Technologies Co PB Ratio Chart
New Advanced Electronics Technologies Co Annual Data
For the Consumer Electronics subindustry, New Advanced Electronics Technologies 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.
New Advanced Electronics Technologies Co PB Ratio vs Hardware Industry
New Advanced Electronics Technologies 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.
New Advanced Electronics Technologies Co (ROCO:3465) has a PB Ratio of 1.44 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on New Advanced Electronics Technologies Co and its competitors. This is 69% below median its historical median of 4.58. Over the past decade, New Advanced Electronics Technologies Co's PB Ratio has ranged from 1.23 to 17.21. According to the industry distribution chart, New Advanced Electronics Technologies Co ranks #814 out of 2421 companies in the Hardware industry, placing it in the top 33.6%.
Is New Advanced Electronics Technologies Co's PB Ratio too high?
New Advanced Electronics Technologies Co's current PB Ratio of 1.44 is 69% below median its 10-year median of 4.58. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 17.21. The Hardware industry median PB Ratio is 2.29. New Advanced Electronics Technologies Co's value of 1.44 is 37.1% below this industry median. Based on the distribution chart, New Advanced Electronics Technologies Co ranks #814 out of 2421 companies in the Hardware industry, which is above the industry midpoint. Overall, New Advanced Electronics Technologies Co has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Advanced Electronics Technologies Co's PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, New Advanced Electronics Technologies Co ranks #814 out of 2421 companies for PB Ratio. This puts New Advanced Electronics Technologies Co in the upper half of its industry. The industry median PB Ratio is 2.29. New Advanced Electronics Technologies Co's value of 1.44 is 37.1% below this benchmark. Historically, New Advanced Electronics Technologies Co's own PB Ratio has ranged from 1.23 to 17.21 over the past decade. While the company's 10-year median is 4.58 vs. the industry median of 2.29, New Advanced Electronics Technologies 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 Hardware company?
The median PB Ratio among Hardware companies is 2.29, based on 2,421 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. New Advanced Electronics Technologies Co's current PB Ratio of 1.44 is 37.1% 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 New Advanced Electronics Technologies Co and its competitors. For the Hardware industry, the median PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Advanced Electronics Technologies Co's current PB Ratio is 1.44, which is 69% below median its own 10-year median of 4.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Advanced Electronics Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, New Advanced Electronics Technologies Co (ROCO:3465) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$83.63, compared to a current price of NT$31.80 — trading 62% below its estimated fair value. The current PB Ratio is 1.44, which is 69% below median its 10-year median of 4.58 and 37.1% below the Hardware industry median of 2.29. New Advanced Electronics Technologies Co's overall GF Score™ is 59/100 with 9 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 New Advanced Electronics Technologies Co (ROCO:3465), the current PB Ratio is 1.44 as of Jul. 15, 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 New Advanced Electronics Technologies Co (ROCO:3465) Overvalued in 2026?
Based on GuruFocus' analysis, New Advanced Electronics Technologies Co stock appears to be undervalued.
The current stock price of NT$31.80 is trading 62% below its estimated GF Value™ of NT$83.63.
GuruFocus considers New Advanced Electronics Technologies Co to be Significantly Undervalued.
Key valuation signals for ROCO:3465:
PB Ratio: 1.44 (69% below median its 10-year median of 4.58)
GF Value™: NT$83.63 vs. price of NT$31.80 (62% below fair value)
Industry Position: 37.1% below the Hardware median (#814 of 2421)
No single metric tells the full story. See the ROCO:3465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Advanced Electronics Technologies Co Business Description
New Advanced Electronics Technologies Co Ltd is mainly engaged in the research and development, manufacture and sale of speakers and related products. The Company is an international brand specializing in professional audio solutions, with expertise in acoustics, mechanics, electronics, woodworking and software, providing customers with product design, development and manufacturing solutions. Its product range includes home theatre systems, floorstanding speakers, bookshelf speakers, subwoofers, surround speakers and other related products. Its segments include Taiwan, which generates maximum revenue, China and Vietnam. The Company operates across America, Asia and Europe, with America generating maximum revenue.
59GF Score
Get the complete analysis for ROCO:3465
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:3465 has been successfully added to your 
