Parade Technologies (ROCO:4966) PB Ratio: 2.02 (As of Jul. 18, 2026) — 51% Below Median

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Director of Data and Quant Analytics at GuruFocus
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ROCO:4966 Parade Technologies Ltd ROCO:4966
90 GF Score
Price NT$585.00
GF Value NT$821.57
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Parade Technologies PB Ratio?

Parade Technologies ROCO:4966 -7.29% 90 PB Ratio is 2.02 as of Jul. 18, 2026, which is 51% below its 10-year median of 4.15. GuruFocus rates ROCO:4966 with a GF Score™ of 90/100 and a GF Value™ of NT$821.57 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 998 Semiconductors companies, Parade Technologies ranks better than 66.23% 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 (2026-07-18), Parade Technologies's share price is NT$585.00. Parade Technologies's Book Value per Share for the quarter that ended in Mar. 2026 was NT$289.58. Hence, Parade Technologies's PB Ratio of today is 2.02.

The historical rank and industry rank for Parade Technologies's PB Ratio or its related term are showing as below:

ROCO:4966' s PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 4.15   Max: 11.6
Current: 2.01

During the past 13 years, Parade Technologies's highest PB Ratio was 11.60. The lowest was 1.60. And the median was 4.15.

ROCO:4966's PB Ratio is ranked better than
66.23% of 998 companies
in the Semiconductors industry
Industry Median: 3.295 vs ROCO:4966: 2.01

During the past 12 months, Parade Technologies'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 8.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Parade Technologies was 91.60% per year. The lowest was 8.10% per year. And the median was 16.05% per year.

Back to Basics: PB Ratio


Parade Technologies  (ROCO:4966) 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.


Parade Technologies PB Ratio Related Terms


Parade Technologies PB Ratio Historical Data

* Premium members only.

The historical data trend for Parade Technologies'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.

Parade Technologies PB Ratio Chart

Parade Technologies 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 11.71 3.45 4.87 2.72 2.06

Parade Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.98 2.36 2.71 2.06 1.64

ROCO:4966 vs NVDA, AVGO, MU: PB Ratio Comparison

For the Semiconductors subindustry, Parade Technologies'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.


Parade Technologies PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Parade Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Parade Technologies's PB Ratio falls into.


ROCO:4966
90GF Score
Parade Technologies Ltd ROCO:4966
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Parade Technologies 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.

Parade Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=585.00/289.576
=2.02

* 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 2.02 mean?
Parade Technologies (ROCO:4966) has a PB Ratio of 2.02 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Parade Technologies and its competitors. This is 51% below median its historical median of 4.15. Over the past decade, Parade Technologies' PB Ratio has ranged from 1.60 to 11.60. According to the industry distribution chart, Parade Technologies ranks #337 out of 998 companies in the Semiconductors industry, placing it in the top 33.8%.
Is Parade Technologies' PB Ratio too high?
Parade Technologies' current PB Ratio of 2.02 is 51% below median its 10-year median of 4.15. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 11.60. The Semiconductors industry median PB Ratio is 3.30. Parade Technologies' value of 2.02 is 38.7% below this industry median. Based on the distribution chart, Parade Technologies ranks #337 out of 998 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Parade Technologies has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Parade Technologies' PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Parade Technologies ranks #337 out of 998 companies for PB Ratio. This puts Parade Technologies in the upper half of its industry. The industry median PB Ratio is 3.30. Parade Technologies' value of 2.02 is 38.7% below this benchmark. Historically, Parade Technologies' own PB Ratio has ranged from 1.60 to 11.60 over the past decade. While the company's 10-year median is 4.15 vs. the industry median of 3.30, Parade Technologies has consistently been below 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.30, based on 998 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. Parade Technologies's current PB Ratio of 2.02 is 38.7% below 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 Parade Technologies and its competitors. For the Semiconductors industry, the median PB Ratio is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parade Technologies's current PB Ratio is 2.02, which is 51% below median its own 10-year median of 4.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parade Technologies stock overvalued right now?
Based on GuruFocus' analysis, Parade Technologies (ROCO:4966) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$821.57, compared to a current price of NT$585.00 — trading 28.8% below its estimated fair value. The current PB Ratio is 2.02, which is 51% below median its 10-year median of 4.15 and 38.7% below the Semiconductors industry median of 3.30. Parade Technologies' overall GF Score™ is 90/100 with 3 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 Parade Technologies (ROCO:4966), the current PB Ratio is 2.02 as of Jul. 18, 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 Parade Technologies (ROCO:4966) Overvalued in 2026?

Based on GuruFocus' analysis, Parade Technologies stock appears to be undervalued. The current stock price of NT$585.00 is trading 28.8% below its estimated GF Value™ of NT$821.57. GuruFocus considers Parade Technologies to be Modestly Undervalued.

Key valuation signals for ROCO:4966:

  • PB Ratio: 2.02 (51% below median its 10-year median of 4.15)
  • GF Value™: NT$821.57 vs. price of NT$585.00 (28.8% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 38.7% below the Semiconductors median (#337 of 998)

No single metric tells the full story. See the ROCO:4966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Parade Technologies Business Description

Address No. 335, Ruiguang Road, 14th Floor, Neihu District, Taipei, TWN, 114
Parade Technologies Ltd supplies mixed-signal integrated circuits for a variety of display and high-speed interface standards used in computers, consumer electronics, and display panels. The company's host of products serves customers with needs for display, storage, and interface applications. As a fabless semiconductor company, Parade manufactures and designs its integrated circuits, but outsources the fabrication of silicon wafers for semiconductors. Geographically, the company generates revenue from Taiwan, China, South Korea, Japan, and Others. Its products include Serial products of DisplayPort, Source Driver, Serial products of TrueTouch, and High-speed interfacing chips, which derive maximum revenue.
90GF Score

Get the complete analysis for ROCO:4966

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

NT$585.00
Price
NT$821.57
GF Value