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Chernan Metal IndustrialROCO:3631 +0.15%27 PB Ratio is 2.24 as of Jul. 16, 2026, which is 6% above its 10-year median of 2.12. GuruFocus rates ROCO:3631 with a GF Score™ of 27/100 and a GF Value™ of NT$10.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,983 Industrial Products companies, Chernan Metal Industrial ranks worse than 50.55% on this metric.
The historical rank and industry rank for Chernan Metal Industrial's PB Ratio or its related term are showing as below:
ROCO:3631'
s PB Ratio Range Over the Past 10 Years
Min: 1.13 Med: 2.12 Max: 4.38
Current: 2.24
During the past 13 years, Chernan Metal Industrial's highest PB Ratio was 4.38. The lowest was 1.13. And the median was 2.12.
ROCO:3631's PB Ratio is ranked worse than 50.55% of 2983
companies
in the Industrial Products industry
Industry Median: 2.19
vs ROCO:3631: 2.24
During the past 12 months, Chernan Metal Industrial's average Book Value Per Share Growth Rate was -5.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chernan Metal Industrial was 7.00% per year. The lowest was -10.40% per year. And the median was -1.40% per year.
Back to Basics: PB Ratio
Chernan Metal Industrial (ROCO:3631) 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.
* 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 Metal Fabrication subindustry, Chernan Metal Industrial'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.
Chernan Metal Industrial PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chernan Metal Industrial's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chernan Metal Industrial's PB Ratio falls into.
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.
Chernan Metal Industrial (ROCO:3631) has a PB Ratio of 2.24 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chernan Metal Industrial and its competitors. This is near median its historical median of 2.12. Over the past decade, Chernan Metal Industrial's PB Ratio has ranged from 1.13 to 4.38. According to the industry distribution chart, Chernan Metal Industrial ranks #1508 out of 2983 companies in the Industrial Products industry, placing it in the top 50.6%.
Is Chernan Metal Industrial's PB Ratio too high?
Chernan Metal Industrial's current PB Ratio of 2.24 is near median its 10-year median of 2.12. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 4.38. The Industrial Products industry median PB Ratio is 2.19. Chernan Metal Industrial's value of 2.24 is 2.3% above this industry median. Based on the distribution chart, Chernan Metal Industrial ranks #1508 out of 2983 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Chernan Metal Industrial has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chernan Metal Industrial's PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chernan Metal Industrial ranks #1508 out of 2983 companies for PB Ratio. This places Chernan Metal Industrial in the lower half of its industry. The industry median PB Ratio is 2.19. Chernan Metal Industrial's value of 2.24 is 2.3% above this benchmark. Historically, Chernan Metal Industrial's own PB Ratio has ranged from 1.13 to 4.38 over the past decade. While the company's 10-year median is 2.12 vs. the industry median of 2.19, Chernan Metal Industrial 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.19, based on 2,983 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. Chernan Metal Industrial's current PB Ratio of 2.24 is 2.3% 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 Chernan Metal Industrial and its competitors. For the Industrial Products 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. Chernan Metal Industrial's current PB Ratio is 2.24, which is near median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chernan Metal Industrial stock overvalued right now?
Based on GuruFocus' analysis, Chernan Metal Industrial (ROCO:3631) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.09, compared to a current price of NT$32.85 — trading 225.6% above its estimated fair value. The current PB Ratio is 2.24, which is near median its 10-year median of 2.12 and 2.3% above the Industrial Products industry median of 2.19. Chernan Metal Industrial's overall GF Score™ is 27/100 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 Chernan Metal Industrial (ROCO:3631), the current PB Ratio is 2.24 as of Jul. 16, 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 Chernan Metal Industrial (ROCO:3631) Overvalued in 2026?
Based on GuruFocus' analysis, Chernan Metal Industrial stock appears to be overvalued.
The current stock price of NT$32.85 is trading 225.6% above its estimated GF Value™ of NT$10.09.
GuruFocus considers Chernan Metal Industrial to be Significantly Overvalued.
Key valuation signals for ROCO:3631:
PB Ratio: 2.24 (near median its 10-year median of 2.12)
GF Value™: NT$10.09 vs. price of NT$32.85 (225.6% above fair value)
Industry Position: 2.3% above the Industrial Products median (#1508 of 2983)
No single metric tells the full story. See the ROCO:3631 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chernan Metal Industrial Corp is engaged in Manufacture of Metal Structure and Architectural Components, Screw, Nut and Rivet Manufacturing, Spring Manufacturing, Lock Manufacturing, Metal Wire Products Manufacturing, Other Metal Products Manufacturing, Surface Treatments, Wholesale of Hardware, Wholesale of Electronic Materials, Retail Sale of Hardware, and Retail Sale of Electronic Materials. The company's segment includes the domestic division and the overseas division. The domestic division is mainly engaged in the manufacture and sale of solder products and the trading of semiconductor products, while the overseas division is mainly engaged in the manufacture and sale of solder products. The company generates the majority of its revenue from overseas segment.
27GF Score
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