Toplus Global Co (ROCO:3522) PB Ratio: 2.34 (As of Jul. 13, 2026) — 25% Above Median


ROCO:3522 Toplus Global Co Ltd ROCO:3522
45 GF Score
Price NT$12.25
GF Value NT$16.47
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Toplus Global Co PB Ratio?

Toplus Global Co ROCO:3522 45 PB Ratio is 2.34 as of Jul. 13, 2026, which is 25% above its 10-year median of 1.87. GuruFocus rates ROCO:3522 with a GF Score™ of 45/100 and a GF Value™ of NT$16.47 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 326 Restaurants companies, Toplus Global Co ranks better than 50.92% 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 (2026-07-13), Toplus Global Co's share price is NT$12.25. Toplus Global Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$5.23. Hence, Toplus Global Co's PB Ratio of today is 2.34.

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

ROCO:3522' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.87   Max: 3.59
Current: 2.34

During the past 13 years, Toplus Global Co's highest PB Ratio was 3.59. The lowest was 0.52. And the median was 1.87.

ROCO:3522's PB Ratio is ranked better than
50.92% of 326 companies
in the Restaurants industry
Industry Median: 2.38 vs ROCO:3522: 2.34

During the past 12 months, Toplus Global Co's average Book Value Per Share Growth Rate was -25.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -16.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -19.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Toplus Global Co was 5.80% per year. The lowest was -41.40% per year. And the median was -4.20% per year.

Back to Basics: PB Ratio


Toplus Global Co  (ROCO:3522) 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.


Toplus Global Co PB Ratio Related Terms


Toplus Global Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Toplus Global 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.

Toplus Global Co PB Ratio Chart

Toplus Global 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 1.95 1.65 2.45 3.44 3.59

Toplus Global 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 3.44 2.27 2.00 2.65 3.59

ROCO:3522 vs MCD, SBUX, YUM: PB Ratio Comparison

For the Restaurants subindustry, Toplus Global 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.


Toplus Global Co PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Toplus Global Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Toplus Global Co's PB Ratio falls into.


ROCO:3522
45GF Score
Toplus Global Co Ltd ROCO:3522
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toplus Global 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.

Toplus Global Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=12.25/5.231
=2.34

* 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 2.34 mean?
Toplus Global Co (ROCO:3522) has a PB Ratio of 2.34 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Toplus Global Co and its competitors. This is 25% above median its historical median of 1.87. Over the past decade, Toplus Global Co's PB Ratio has ranged from 0.52 to 3.59. According to the industry distribution chart, Toplus Global Co ranks #160 out of 326 companies in the Restaurants industry, placing it in the top 49.1%.
Is Toplus Global Co's PB Ratio too high?
Toplus Global Co's current PB Ratio of 2.34 is 25% above median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 3.59. The Restaurants industry median PB Ratio is 2.38. Toplus Global Co's value of 2.34 is 1.7% below this industry median. Based on the distribution chart, Toplus Global Co ranks #160 out of 326 companies in the Restaurants industry, which is above the industry midpoint. Overall, Toplus Global Co has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toplus Global Co's PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Toplus Global Co ranks #160 out of 326 companies for PB Ratio. This puts Toplus Global Co in the upper half of its industry. The industry median PB Ratio is 2.38. Toplus Global Co's value of 2.34 is 1.7% below this benchmark. Historically, Toplus Global Co's own PB Ratio has ranged from 0.52 to 3.59 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 2.38, Toplus Global 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 Restaurants company?
The median PB Ratio among Restaurants companies is 2.38, based on 326 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. Toplus Global Co's current PB Ratio of 2.34 is 1.7% 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 Toplus Global Co and its competitors. For the Restaurants industry, the median PB Ratio is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplus Global Co's current PB Ratio is 2.34, which is 25% above median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplus Global Co stock overvalued right now?
Based on GuruFocus' analysis, Toplus Global Co (ROCO:3522) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$16.47, compared to a current price of NT$12.25 — trading 25.6% below its estimated fair value. The current PB Ratio is 2.34, which is 25% above median its 10-year median of 1.87 and 1.7% below the Restaurants industry median of 2.38. Toplus Global Co's overall GF Score™ is 45/100 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 Toplus Global Co (ROCO:3522), the current PB Ratio is 2.34 as of Jul. 13, 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 Toplus Global Co (ROCO:3522) Overvalued in 2026?

Based on GuruFocus' analysis, Toplus Global Co stock appears to be undervalued. The current stock price of NT$12.25 is trading 25.6% below its estimated GF Value™ of NT$16.47. GuruFocus considers Toplus Global Co to be Modestly Undervalued.

Key valuation signals for ROCO:3522:

  • PB Ratio: 2.34 (25% above median its 10-year median of 1.87)
  • GF Value™: NT$16.47 vs. price of NT$12.25 (25.6% below fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 1.7% below the Restaurants median (#160 of 326)

No single metric tells the full story. See the ROCO:3522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toplus Global Co Business Description

Address No.216, Section 2, Zhongshan Road, 13th Floor, Sector 3, Zhonghe District, New Taipei City, TWN, 242
Toplus Global Co Ltd provides catering management services. The Company offers specialties, fast food products, desserts, drinks, and other related products. It also provides wedding services. It owns DingXian and AmazingHall. DingXian stores in Taipei, Taichung, and Kaohsiung. Amazing Hall contains wedding halls and a marine manor. Its segments are Catering segments and Other segments. The catering segment, which generated maximum revenue, is responsible for catering management and operations; and Other segments, are responsible for hotel catering management consulting and travel agency services.
45GF Score

Get the complete analysis for ROCO:3522

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

NT$12.25
Price
NT$16.47
GF Value