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K Way CoROCO:5201 -2.39%66 PB Ratio is 1.49 as of Jul. 14, 2026, which is 38% below its 10-year median of 2.39. GuruFocus rates ROCO:5201 with a GF Score™ of 66/100 and a GF Value™ of NT$41.10 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,629 Software companies, K Way Co ranks better than 70.22% 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 (2026-07-14), K Way Co's share price is NT$26.55. K Way Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$17.76. Hence, K Way Co's PB Ratio of today is 1.49.
Good Sign:
K Way Co Ltd stock PB Ratio (=1.53) is close to 5-year low of 1.51.
The historical rank and industry rank for K Way Co's PB Ratio or its related term are showing as below:
ROCO:5201'
s PB Ratio Range Over the Past 10 Years
Min: 1.31 Med: 2.39 Max: 4.61
Current: 1.49
During the past 13 years, K Way Co's highest PB Ratio was 4.61. The lowest was 1.31. And the median was 2.39.
ROCO:5201's PB Ratio is ranked better than 70.22% of 2629
companies
in the Software industry
Industry Median: 2.39
vs ROCO:5201: 1.49
During the past 12 months, K Way Co's average Book Value Per Share Growth Rate was 30.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of K Way Co was 17.20% per year. The lowest was -3.30% per year. And the median was 3.30% per year.
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.
K Way Co PB Ratio Related Terms
K Way Co PB Ratio Historical Data
* Premium members only.
The historical data trend for K Way 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.
For the Software - Application subindustry, K Way 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.
K Way Co PB Ratio vs Software Industry
For the Software industry and Technology sector, K Way Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where K Way 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.
K Way Co's PB Ratio for today is calculated as follows:
* 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.
K Way Co (ROCO:5201) has a PB Ratio of 1.49 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on K Way Co and its competitors. This is 38% below median its historical median of 2.39. Over the past decade, K Way Co's PB Ratio has ranged from 1.31 to 4.61. According to the industry distribution chart, K Way Co ranks #783 out of 2629 companies in the Software industry, placing it in the top 29.8%.
Is K Way Co's PB Ratio too high?
K Way Co's current PB Ratio of 1.49 is 38% below median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 4.61. The Software industry median PB Ratio is 2.39. K Way Co's value of 1.49 is 37.7% below this industry median. Based on the distribution chart, K Way Co ranks #783 out of 2629 companies in the Software industry, which is above the industry midpoint. Overall, K Way Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does K Way Co's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, K Way Co ranks #783 out of 2629 companies for PB Ratio. This puts K Way Co in the upper half of its industry. The industry median PB Ratio is 2.39. K Way Co's value of 1.49 is 37.7% below this benchmark. Historically, K Way Co's own PB Ratio has ranged from 1.31 to 4.61 over the past decade. While the company's 10-year median is 2.39 vs. the industry median of 2.39, K Way Co 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 Software company?
The median PB Ratio among Software companies is 2.39, based on 2,629 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. K Way Co's current PB Ratio of 1.49 is 37.7% 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 K Way Co and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K Way Co's current PB Ratio is 1.49, which is 38% below median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K Way Co stock overvalued right now?
Based on GuruFocus' analysis, K Way Co (ROCO:5201) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$41.10, compared to a current price of NT$26.55 — trading 35.4% below its estimated fair value. The current PB Ratio is 1.49, which is 38% below median its 10-year median of 2.39 and 37.7% below the Software industry median of 2.39. K Way Co's overall GF Score™ is 66/100 with 2 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 K Way Co (ROCO:5201), the current PB Ratio is 1.49 as of Jul. 14, 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 K Way Co (ROCO:5201) Overvalued in 2026?
Based on GuruFocus' analysis, K Way Co stock appears to be undervalued.
The current stock price of NT$26.55 is trading 35.4% below its estimated GF Value™ of NT$41.10.
GuruFocus considers K Way Co to be Significantly Undervalued.
Key valuation signals for ROCO:5201:
PB Ratio: 1.49 (38% below median its 10-year median of 2.39)
GF Value™: NT$41.10 vs. price of NT$26.55 (35.4% below fair value)
Industry Position: 37.7% below the Software median (#783 of 2629)
No single metric tells the full story. See the ROCO:5201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
K Way Co Ltd operates as a software company in financial industry. The company is focuses on the development of key system software in the securities and financial industry for trading, settlement, market data, FIX, trading tools. It mainly offers stable and speedy trading system, cross platform system, database settlement system, money management system, investment account management system & others.
66GF Score
Get the complete analysis for ROCO:5201
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