Thermaltake Technology Co (ROCO:3540) PB Ratio: 0.99 (As of Jul. 12, 2026) — 29% Below Median


ROCO:3540 Thermaltake Technology Co Ltd ROCO:3540
58 GF Score
Price NT$23.95
GF Value NT$50.74
Valuation Possible Value Trap
! 7 Warning Signs
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What is Thermaltake Technology Co PB Ratio?

Thermaltake Technology Co ROCO:3540 58 PB Ratio is 0.99 as of Jul. 12, 2026, which is 29% below its 10-year median of 1.39. GuruFocus rates ROCO:3540 with a GF Score™ of 58/100 and a GF Value™ of NT$50.74 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,421 Hardware companies, Thermaltake Technology Co ranks better than 79.76% 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 (2026-07-12), Thermaltake Technology Co's share price is NT$23.95. Thermaltake Technology Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$24.11. Hence, Thermaltake Technology Co's PB Ratio of today is 0.99.

Good Sign:

Thermaltake Technology Co Ltd stock PB Ratio (=0.99) is close to 3-year low of 0.95.

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

ROCO:3540' s PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.39   Max: 3.93
Current: 0.99

During the past 13 years, Thermaltake Technology Co's highest PB Ratio was 3.93. The lowest was 0.78. And the median was 1.39.

ROCO:3540's PB Ratio is ranked better than
79.76% of 2421 companies
in the Hardware industry
Industry Median: 2.35 vs ROCO:3540: 0.99

During the past 12 months, Thermaltake Technology Co's average Book Value Per Share Growth Rate was -0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Thermaltake Technology Co was 9.20% per year. The lowest was -1.70% per year. And the median was 1.60% per year.

Back to Basics: PB Ratio


Thermaltake Technology Co  (ROCO:3540) 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.


Thermaltake Technology Co PB Ratio Related Terms


Thermaltake Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Thermaltake Technology 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.

Thermaltake Technology Co PB Ratio Chart

Thermaltake Technology 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 1.84 1.14 1.76 1.48 1.26

Thermaltake Technology 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 1.48 1.24 1.38 1.46 1.26

ROCO:3540 vs SNX, ARW, AVT: PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, Thermaltake 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.


Thermaltake Technology Co PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Thermaltake Technology Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Thermaltake Technology Co's PB Ratio falls into.


ROCO:3540
58GF Score
Thermaltake Technology Co Ltd ROCO:3540
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thermaltake 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.

Thermaltake Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=23.95/24.114
=0.99

* 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 0.99 mean?
Thermaltake Technology Co (ROCO:3540) has a PB Ratio of 0.99 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Thermaltake Technology Co and its competitors. This is 29% below median its historical median of 1.39. Over the past decade, Thermaltake Technology Co's PB Ratio has ranged from 0.78 to 3.93. According to the industry distribution chart, Thermaltake Technology Co ranks #490 out of 2421 companies in the Hardware industry, placing it in the top 20.2%.
Is Thermaltake Technology Co's PB Ratio too high?
Thermaltake Technology Co's current PB Ratio of 0.99 is 29% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 3.93. The Hardware industry median PB Ratio is 2.35. Thermaltake Technology Co's value of 0.99 is 57.9% below this industry median. Based on the distribution chart, Thermaltake Technology Co ranks #490 out of 2421 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Thermaltake Technology Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermaltake Technology Co's PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Thermaltake Technology Co ranks #490 out of 2421 companies for PB Ratio. This places Thermaltake Technology Co in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.35. Thermaltake Technology Co's value of 0.99 is 57.9% below this benchmark. Historically, Thermaltake Technology Co's own PB Ratio has ranged from 0.78 to 3.93 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 2.35, Thermaltake Technology 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 2.35, 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. Thermaltake Technology Co's current PB Ratio of 0.99 is 57.9% 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 Thermaltake Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermaltake Technology Co's current PB Ratio is 0.99, which is 29% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermaltake Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Thermaltake Technology Co (ROCO:3540) is currently considered Possible Value Trap. The stock's GF Value™ is NT$50.74, compared to a current price of NT$23.95 — trading 52.8% below its estimated fair value. The current PB Ratio is 0.99, which is 29% below median its 10-year median of 1.39 and 57.9% below the Hardware industry median of 2.35. Thermaltake Technology Co's overall GF Score™ is 58/100 with 7 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 Thermaltake Technology Co (ROCO:3540), the current PB Ratio is 0.99 as of Jul. 12, 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 Thermaltake Technology Co (ROCO:3540) Overvalued in 2026?

Based on GuruFocus' analysis, Thermaltake Technology Co stock appears to be undervalued. The current stock price of NT$23.95 is trading 52.8% below its estimated GF Value™ of NT$50.74. GuruFocus considers Thermaltake Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:3540:

  • PB Ratio: 0.99 (29% below median its 10-year median of 1.39)
  • GF Value™: NT$50.74 vs. price of NT$23.95 (52.8% below fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 57.9% below the Hardware median (#490 of 2421)

No single metric tells the full story. See the ROCO:3540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thermaltake Technology Co Business Description

Address Tiding boulevard, 5th Floor, No. 185, Section 2, Neihu District, New Taipei City, TWN, 114
Thermaltake Technology Co Ltd currently engages in the wholesale of electronic materials, office machinery, and equipment, the design and trading of computers, and peripheral equipment. Geographically, the company has a presence in America, Asia, Europe, and other regions.
58GF Score

Get the complete analysis for ROCO:3540

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

NT$23.95
Price
NT$50.74
GF Value