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Asia Neo Tech Industrial CoROCO:4542 -2.28%49 PB Ratio is 17.40 as of Jul. 17, 2026, which is 1179% above its 10-year median of 1.36. GuruFocus rates ROCO:4542 with a GF Score™ of 49/100 and a GF Value™ of NT$70.34 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,982 Industrial Products companies, Asia Neo Tech Industrial Co ranks worse than 97.18% on this metric.
The historical rank and industry rank for Asia Neo Tech Industrial Co's PB Ratio or its related term are showing as below:
ROCO:4542'
s PB Ratio Range Over the Past 10 Years
Min: 0.86 Med: 1.36 Max: 23.1
Current: 17.4
During the past 13 years, Asia Neo Tech Industrial Co's highest PB Ratio was 23.10. The lowest was 0.86. And the median was 1.36.
ROCO:4542's PB Ratio is ranked worse than 97.18% of 2982
companies
in the Industrial Products industry
Industry Median: 2.14
vs ROCO:4542: 17.40
During the past 12 months, Asia Neo Tech Industrial Co's average Book Value Per Share Growth Rate was -1.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asia Neo Tech Industrial Co was 22.90% per year. The lowest was -5.00% per year. And the median was 1.90% per year.
Back to Basics: PB Ratio
Asia Neo Tech Industrial Co (ROCO:4542) 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.
Asia Neo Tech Industrial Co PB Ratio Related Terms
Asia Neo Tech Industrial 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.
For the Specialty Industrial Machinery subindustry, Asia Neo Tech Industrial 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.
Asia Neo Tech Industrial Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Asia Neo Tech Industrial Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Asia Neo Tech Industrial Co'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.
Asia Neo Tech Industrial Co (ROCO:4542) has a PB Ratio of 17.40 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asia Neo Tech Industrial Co and its competitors. This is 1179% above median its historical median of 1.36. Over the past decade, Asia Neo Tech Industrial Co's PB Ratio has ranged from 0.86 to 23.10. According to the industry distribution chart, Asia Neo Tech Industrial Co ranks #2898 out of 2982 companies in the Industrial Products industry, placing it in the top 97.2%.
Is Asia Neo Tech Industrial Co's PB Ratio too high?
Asia Neo Tech Industrial Co's current PB Ratio of 17.40 is 1179% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 23.10. The Industrial Products industry median PB Ratio is 2.14. Asia Neo Tech Industrial Co's value of 17.40 is 713.1% above this industry median. Based on the distribution chart, Asia Neo Tech Industrial Co ranks #2898 out of 2982 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Asia Neo Tech Industrial Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Neo Tech Industrial Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Asia Neo Tech Industrial Co ranks #2898 out of 2982 companies for PB Ratio. This places Asia Neo Tech Industrial Co in the lower half of its industry. The industry median PB Ratio is 2.14. Asia Neo Tech Industrial Co's value of 17.40 is 713.1% above this benchmark. Historically, Asia Neo Tech Industrial Co's own PB Ratio has ranged from 0.86 to 23.10 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 2.14, Asia Neo Tech Industrial 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 2.14, based on 2,982 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. Asia Neo Tech Industrial Co's current PB Ratio of 17.40 is 713.1% 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 Asia Neo Tech Industrial Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Neo Tech Industrial Co's current PB Ratio is 17.40, which is 1179% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Neo Tech Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Neo Tech Industrial Co (ROCO:4542) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$70.34, compared to a current price of NT$363.50 — trading 416.8% above its estimated fair value. The current PB Ratio is 17.40, which is 1179% above median its 10-year median of 1.36 and 713.1% above the Industrial Products industry median of 2.14. Asia Neo Tech Industrial Co's overall GF Score™ is 49/100 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 Asia Neo Tech Industrial Co (ROCO:4542), the current PB Ratio is 17.40 as of Jul. 17, 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 Asia Neo Tech Industrial Co (ROCO:4542) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Neo Tech Industrial Co stock appears to be overvalued.
The current stock price of NT$363.50 is trading 416.8% above its estimated GF Value™ of NT$70.34.
GuruFocus considers Asia Neo Tech Industrial Co to be Significantly Overvalued.
Key valuation signals for ROCO:4542:
PB Ratio: 17.40 (1179% above median its 10-year median of 1.36)
GF Value™: NT$70.34 vs. price of NT$363.50 (416.8% above fair value)
Industry Position: 713.1% above the Industrial Products median (#2898 of 2982)
No single metric tells the full story. See the ROCO:4542 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Neo Tech Industrial Co Ltd manufactures and wholesales industrial equipment, including conveyor oven, cover lenses. The company designs, develops, manufactures automatic drying equipment and also provides drying solutions. Its product includes Touch panel, PCB, LED, RtoR, Energy saver among others.
49GF Score
Get the complete analysis for ROCO:4542
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