Pan Asia Chemical (ROCO:4707) PB Ratio: 2.82 (As of Jul. 16, 2026) — 297% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:4707 Pan Asia Chemical Corp ROCO:4707
43 GF Score
Price NT$41.95
GF Value NT$10.76
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Pan Asia Chemical PB Ratio?

Pan Asia Chemical ROCO:4707 +9.24% 43 PB Ratio is 2.82 as of Jul. 16, 2026, which is 297% above its 10-year median of 0.71. GuruFocus rates ROCO:4707 with a GF Score™ of 43/100 and a GF Value™ of NT$10.76 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,576 Chemicals companies, Pan Asia Chemical ranks worse than 71.13% 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 (2026-07-16), Pan Asia Chemical's share price is NT$41.95. Pan Asia Chemical's Book Value per Share for the quarter that ended in Sep. 2025 was NT$14.88. Hence, Pan Asia Chemical's PB Ratio of today is 2.82.

Warning Sign:

Pan Asia Chemical Corp stock PB Ratio (=2.44) is close to 10-year high of 2.44.

The historical rank and industry rank for Pan Asia Chemical's PB Ratio or its related term are showing as below:

ROCO:4707' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.71   Max: 2.82
Current: 2.82

During the past 13 years, Pan Asia Chemical's highest PB Ratio was 2.82. The lowest was 0.51. And the median was 0.71.

ROCO:4707's PB Ratio is ranked worse than
71.13% of 1576 companies
in the Chemicals industry
Industry Median: 1.7 vs ROCO:4707: 2.82

During the past 12 months, Pan Asia Chemical's average Book Value Per Share Growth Rate was -5.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pan Asia Chemical was 9.90% per year. The lowest was -2.10% per year. And the median was 5.00% per year.

Back to Basics: PB Ratio


Pan Asia Chemical  (ROCO:4707) 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.


Pan Asia Chemical PB Ratio Related Terms


Pan Asia Chemical PB Ratio Historical Data

* Premium members only.

The historical data trend for Pan Asia Chemical'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.

Pan Asia Chemical PB Ratio Chart

Pan Asia Chemical Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.72 0.74 0.80 0.93

Pan Asia Chemical Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 1.00 0.93 0.75 0.70 0.67

ROCO:4707 vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Pan Asia Chemical'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.


Pan Asia Chemical PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pan Asia Chemical's PB Ratio distribution charts can be found below:

* The bar in red indicates where Pan Asia Chemical's PB Ratio falls into.


ROCO:4707
43GF Score
Pan Asia Chemical Corp ROCO:4707
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pan Asia Chemical 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.

Pan Asia Chemical's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=41.95/14.876
=2.82

* 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 2.82 mean?
Pan Asia Chemical (ROCO:4707) has a PB Ratio of 2.82 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 Pan Asia Chemical and its competitors. This is 297% above median its historical median of 0.71. Over the past decade, Pan Asia Chemical's PB Ratio has ranged from 0.51 to 2.82. According to the industry distribution chart, Pan Asia Chemical ranks #1121 out of 1576 companies in the Chemicals industry, placing it in the top 71.1%.
Is Pan Asia Chemical's PB Ratio too high?
Pan Asia Chemical's current PB Ratio of 2.82 is 297% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.82. The Chemicals industry median PB Ratio is 1.70. Pan Asia Chemical's value of 2.82 is 65.9% above this industry median. Based on the distribution chart, Pan Asia Chemical ranks #1121 out of 1576 companies in the Chemicals industry, which is below the industry midpoint. Overall, Pan Asia Chemical has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pan Asia Chemical's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Pan Asia Chemical ranks #1121 out of 1576 companies for PB Ratio. This places Pan Asia Chemical in the lower half of its industry. The industry median PB Ratio is 1.70. Pan Asia Chemical's value of 2.82 is 65.9% above this benchmark. Historically, Pan Asia Chemical's own PB Ratio has ranged from 0.51 to 2.82 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.70, Pan Asia Chemical 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 a Chemicals company?
The median PB Ratio among Chemicals companies is 1.70, based on 1,576 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. Pan Asia Chemical's current PB Ratio of 2.82 is 65.9% 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 Pan Asia Chemical and its competitors. For the Chemicals industry, the median PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Asia Chemical's current PB Ratio is 2.82, which is 297% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Asia Chemical stock overvalued right now?
Based on GuruFocus' analysis, Pan Asia Chemical (ROCO:4707) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.76, compared to a current price of NT$41.95 — trading 289.9% above its estimated fair value. The current PB Ratio is 2.82, which is 297% above median its 10-year median of 0.71 and 65.9% above the Chemicals industry median of 1.70. Pan Asia Chemical's overall GF Score™ is 43/100 with 10 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 Pan Asia Chemical (ROCO:4707), the current PB Ratio is 2.82 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 Pan Asia Chemical (ROCO:4707) Overvalued in 2026?

Based on GuruFocus' analysis, Pan Asia Chemical stock appears to be overvalued. The current stock price of NT$41.95 is trading 289.9% above its estimated GF Value™ of NT$10.76. GuruFocus considers Pan Asia Chemical to be Significantly Overvalued.

Key valuation signals for ROCO:4707:

  • PB Ratio: 2.82 (297% above median its 10-year median of 0.71)
  • GF Value™: NT$10.76 vs. price of NT$41.95 (289.9% above fair value)
  • GF Score™: 43/100 with 10 warning signs
  • Industry Position: 65.9% above the Chemicals median (#1121 of 1576)

No single metric tells the full story. See the ROCO:4707 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pan Asia Chemical Business Description

Address XinSheng South Road, 11th Floor, No.50, Section 1, Zhongzheng District, Taipei, TWN
Pan Asia Chemical Corp is engaged in the manufacturing and processing, trading and import and export trade business for a variety of non-ionic surfactants, which could be divided into two parts: Ethylene oxide derivative products and esterified products. The company's segments are: EOD Plant, Esterification Plant and others. The majority of revenue is derived from the EOD Plant.
43GF Score

Get the complete analysis for ROCO:4707

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

NT$41.95
Price
NT$10.76
GF Value