Hong Wei Electrical Industry CoROCO:4565 89 PB Ratio is 3.70 as of Jul. 12, 2026, which is 80% above its 10-year median of 2.05. GuruFocus rates ROCO:4565 with a GF Score™ of 89/100 and a GF Value™ of NT$102.85 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,985 Industrial Products companies, Hong Wei Electrical Industry Co ranks worse than 69.55% on this metric.
Hong Wei Electrical Industry Co Ltd stock PB Ratio (=3.7) is close to 10-year high of 4.05.
The historical rank and industry rank for Hong Wei Electrical Industry Co's PB Ratio or its related term are showing as below:
ROCO:4565'
s PB Ratio Range Over the Past 10 Years
Min: 1.41 Med: 2.05 Max: 4.05
Current: 3.7
During the past 13 years, Hong Wei Electrical Industry Co's highest PB Ratio was 4.05. The lowest was 1.41. And the median was 2.05.
ROCO:4565's PB Ratio is ranked worse than 69.55% of 2985
companies
in the Industrial Products industry
Industry Median: 2.25
vs ROCO:4565: 3.70
During the past 12 months, Hong Wei Electrical Industry Co's average Book Value Per Share Growth Rate was 2.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hong Wei Electrical Industry Co was 14.90% per year. The lowest was 5.80% per year. And the median was 12.30% per year.
Back to Basics: PB Ratio
Hong Wei Electrical Industry Co (ROCO:4565) 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.
Hong Wei Electrical Industry Co PB Ratio Related Terms
Hong Wei Electrical Industry 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, Hong Wei Electrical Industry 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.
Hong Wei Electrical Industry Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hong Wei Electrical Industry Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hong Wei Electrical Industry Co's PB Ratio falls into.
Hong Wei Electrical Industry 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.
* 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.
Hong Wei Electrical Industry Co (ROCO:4565) has a PB Ratio of 3.70 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 Hong Wei Electrical Industry Co and its competitors. This is 80% above median its historical median of 2.05. Over the past decade, Hong Wei Electrical Industry Co's PB Ratio has ranged from 1.41 to 4.05. According to the industry distribution chart, Hong Wei Electrical Industry Co ranks #2076 out of 2985 companies in the Industrial Products industry, placing it in the top 69.5%.
Is Hong Wei Electrical Industry Co's PB Ratio too high?
Hong Wei Electrical Industry Co's current PB Ratio of 3.70 is 80% above median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 4.05. The Industrial Products industry median PB Ratio is 2.25. Hong Wei Electrical Industry Co's value of 3.70 is 64.4% above this industry median. Based on the distribution chart, Hong Wei Electrical Industry Co ranks #2076 out of 2985 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Hong Wei Electrical Industry Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Wei Electrical Industry Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hong Wei Electrical Industry Co ranks #2076 out of 2985 companies for PB Ratio. This places Hong Wei Electrical Industry Co in the lower half of its industry. The industry median PB Ratio is 2.25. Hong Wei Electrical Industry Co's value of 3.70 is 64.4% above this benchmark. Historically, Hong Wei Electrical Industry Co's own PB Ratio has ranged from 1.41 to 4.05 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 2.25, Hong Wei Electrical Industry 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 2.25, based on 2,985 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. Hong Wei Electrical Industry Co's current PB Ratio of 3.70 is 64.4% 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 Hong Wei Electrical Industry Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Wei Electrical Industry Co's current PB Ratio is 3.70, which is 80% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Wei Electrical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Wei Electrical Industry Co (ROCO:4565) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$102.85, compared to a current price of NT$127.00 — trading 23.5% above its estimated fair value. The current PB Ratio is 3.70, which is 80% above median its 10-year median of 2.05 and 64.4% above the Industrial Products industry median of 2.25. Hong Wei Electrical Industry Co's overall GF Score™ is 89/100 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 Hong Wei Electrical Industry Co (ROCO:4565), the current PB Ratio is 3.70 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 Hong Wei Electrical Industry Co (ROCO:4565) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Wei Electrical Industry Co stock appears to be overvalued.
The current stock price of NT$127.00 is trading 23.5% above its estimated GF Value™ of NT$102.85.
GuruFocus considers Hong Wei Electrical Industry Co to be Modestly Overvalued.
Key valuation signals for ROCO:4565:
PB Ratio: 3.70 (80% above median its 10-year median of 2.05)
GF Value™: NT$102.85 vs. price of NT$127.00 (23.5% above fair value)
Industry Position: 64.4% above the Industrial Products median (#2076 of 2985)
No single metric tells the full story. See the ROCO:4565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Wei Electrical Industry Co Business Description
Hong Wei Electrical Industry Co Ltd is a Taiwan based company involved in manufacturing vertical vehicles. Its products include Freight Elevators like 2 Panels Center Opening Door, 2 Panels Side Opening Door, 3 Panels Side Opening Door, and 4 Panels Center Opening Door; Driving system; Special Elevator, Passenger Elevator, and Automatic Conveyor.
89GF Score
Get the complete analysis for ROCO:4565
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:4565 has been successfully added to your 
