Thintech Material Technology Co (ROCO:3663) PB Ratio: 4.30 (As of Jul. 15, 2026) — 191% Above Median

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ROCO:3663 Thintech Material Technology Co Ltd ROCO:3663
70 GF Score
Price NT$74.60
GF Value NT$56.18
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Thintech Material Technology Co PB Ratio?

Thintech Material Technology Co ROCO:3663 -4.85% 70 PB Ratio is 4.30 as of Jul. 15, 2026, which is 191% above its 10-year median of 1.48. GuruFocus rates ROCO:3663 with a GF Score™ of 70/100 and a GF Value™ of NT$56.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,983 Industrial Products companies, Thintech Material Technology Co ranks worse than 76.67% 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 (2026-07-15), Thintech Material Technology Co's share price is NT$74.60. Thintech Material Technology Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$17.36. Hence, Thintech Material Technology Co's PB Ratio of today is 4.30.

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

ROCO:3663' s PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.48   Max: 6.13
Current: 4.29

During the past 13 years, Thintech Material Technology Co's highest PB Ratio was 6.13. The lowest was 0.94. And the median was 1.48.

ROCO:3663's PB Ratio is ranked worse than
76.67% of 2983 companies
in the Industrial Products industry
Industry Median: 2.18 vs ROCO:3663: 4.29

During the past 12 months, Thintech Material Technology Co's average Book Value Per Share Growth Rate was 1.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% 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 Thintech Material Technology Co was 26.30% per year. The lowest was -6.00% per year. And the median was 1.55% per year.

Back to Basics: PB Ratio


Thintech Material Technology Co  (ROCO:3663) 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.


Thintech Material Technology Co PB Ratio Related Terms


Thintech Material Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Thintech Material 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.

Thintech Material Technology Co PB Ratio Chart

Thintech Material 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 2.15 1.75 1.12 4.12 3.27

Thintech Material 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 4.12 3.02 4.09 3.08 3.27

ROCO:3663 vs CRS, ATI, MLI: PB Ratio Comparison

For the Metal Fabrication subindustry, Thintech Material 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.


Thintech Material Technology Co PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thintech Material Technology Co's PB Ratio distribution charts can be found below:

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


ROCO:3663
70GF Score
Thintech Material Technology Co Ltd ROCO:3663
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thintech Material 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=74.60/17.361
=4.30

* 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 4.30 mean?
Thintech Material Technology Co (ROCO:3663) has a PB Ratio of 4.30 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 Thintech Material Technology Co and its competitors. This is 191% above median its historical median of 1.48. Over the past decade, Thintech Material Technology Co's PB Ratio has ranged from 0.94 to 6.13. According to the industry distribution chart, Thintech Material Technology Co ranks #2287 out of 2983 companies in the Industrial Products industry, placing it in the top 76.7%.
Is Thintech Material Technology Co's PB Ratio too high?
Thintech Material Technology Co's current PB Ratio of 4.30 is 191% above median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 6.13. The Industrial Products industry median PB Ratio is 2.18. Thintech Material Technology Co's value of 4.30 is 97.2% above this industry median. Based on the distribution chart, Thintech Material Technology Co ranks #2287 out of 2983 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Thintech Material Technology Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thintech Material Technology Co's PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Thintech Material Technology Co ranks #2287 out of 2983 companies for PB Ratio. This places Thintech Material Technology Co in the lower half of its industry. The industry median PB Ratio is 2.18. Thintech Material Technology Co's value of 4.30 is 97.2% above this benchmark. Historically, Thintech Material Technology Co's own PB Ratio has ranged from 0.94 to 6.13 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 2.18, Thintech Material Technology Co 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 2.18, 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. Thintech Material Technology Co's current PB Ratio of 4.30 is 97.2% 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 Thintech Material Technology Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thintech Material Technology Co's current PB Ratio is 4.30, which is 191% above median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thintech Material Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Thintech Material Technology Co (ROCO:3663) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$56.18, compared to a current price of NT$74.60 — trading 32.8% above its estimated fair value. The current PB Ratio is 4.30, which is 191% above median its 10-year median of 1.48 and 97.2% above the Industrial Products industry median of 2.18. Thintech Material Technology Co's overall GF Score™ is 70/100 with 4 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 Thintech Material Technology Co (ROCO:3663), the current PB Ratio is 4.30 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 Thintech Material Technology Co (ROCO:3663) Overvalued in 2026?

Based on GuruFocus' analysis, Thintech Material Technology Co stock appears to be overvalued. The current stock price of NT$74.60 is trading 32.8% above its estimated GF Value™ of NT$56.18. GuruFocus considers Thintech Material Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:3663:

  • PB Ratio: 4.30 (191% above median its 10-year median of 1.48)
  • GF Value™: NT$56.18 vs. price of NT$74.60 (32.8% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 97.2% above the Industrial Products median (#2287 of 2983)

No single metric tells the full story. See the ROCO:3663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thintech Material Technology Co Business Description

Address No. 140, Zhongshan North Road, 8F-4 Floor, Gangshan District, Kaohsiung, TWN
Thintech Material Technology Co Ltd is a Taiwan-based company engaged in the processing and sales of a variety of thin film sputtering targets and precious metals, as well as trading general metals. Its products include conductive paste for solar cells, thin film for sputtering targets, target bonding service, precious metal refining, injection molding bi-metal barrels, and special alloy powder. It is engaged in four segments: ThinTech Materials Technology Co., Ltd, Changzhou CSPM, Ltd, and Others. Key revenue is generated from ThinTech Materials Technology Co., Ltd, which is engaged in the processing and sales of various thin film sputtering targets and precious metals, as well as trading of general metals.
70GF Score

Get the complete analysis for ROCO:3663

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

NT$74.60
Price
NT$56.18
GF Value