Spectrum ElectricsROCO:5381 72 PB Ratio is 2.13 as of Jul. 12, 2026, which is 38% above its 10-year median of 1.54. GuruFocus rates ROCO:5381 with a GF Score™ of 72/100 and a GF Value™ of NT$40.91 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,421 Hardware companies, Spectrum Electrics ranks better than 54.28% on this metric.
The historical rank and industry rank for Spectrum Electrics's PB Ratio or its related term are showing as below:
ROCO:5381'
s PB Ratio Range Over the Past 10 Years
Min: 0.65 Med: 1.54 Max: 6.5
Current: 2.13
During the past 13 years, Spectrum Electrics's highest PB Ratio was 6.50. The lowest was 0.65. And the median was 1.54.
ROCO:5381's PB Ratio is ranked better than 54.28% of 2421
companies
in the Hardware industry
Industry Median: 2.35
vs ROCO:5381: 2.13
During the past 12 months, Spectrum Electrics's average Book Value Per Share Growth Rate was 26.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 34.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 25.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Spectrum Electrics was 34.40% per year. The lowest was -40.90% per year. And the median was 0.25% per year.
Back to Basics: PB Ratio
Spectrum Electrics (ROCO:5381) 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.
Spectrum Electrics PB Ratio Related Terms
Spectrum Electrics PB Ratio Historical Data
* Premium members only.
The historical data trend for Spectrum Electrics'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 Electronic Components subindustry, Spectrum Electrics'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.
Spectrum Electrics PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Spectrum Electrics's PB Ratio distribution charts can be found below:
* The bar in red indicates where Spectrum Electrics'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.
Spectrum Electrics (ROCO:5381) has a PB Ratio of 2.13 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 Spectrum Electrics and its competitors. This is 38% above median its historical median of 1.54. Over the past decade, Spectrum Electrics' PB Ratio has ranged from 0.65 to 6.50. According to the industry distribution chart, Spectrum Electrics ranks #1107 out of 2421 companies in the Hardware industry, placing it in the top 45.7%.
Is Spectrum Electrics' PB Ratio too high?
Spectrum Electrics' current PB Ratio of 2.13 is 38% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 6.50. The Hardware industry median PB Ratio is 2.35. Spectrum Electrics' value of 2.13 is 9.4% below this industry median. Based on the distribution chart, Spectrum Electrics ranks #1107 out of 2421 companies in the Hardware industry, which is above the industry midpoint. Overall, Spectrum Electrics has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spectrum Electrics' PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Spectrum Electrics ranks #1107 out of 2421 companies for PB Ratio. This puts Spectrum Electrics in the upper half of its industry. The industry median PB Ratio is 2.35. Spectrum Electrics' value of 2.13 is 9.4% below this benchmark. Historically, Spectrum Electrics' own PB Ratio has ranged from 0.65 to 6.50 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 2.35, Spectrum Electrics 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 Hardware company?
The median PB Ratio among Hardware companies is 2.35, based on 2,421 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. Spectrum Electrics's current PB Ratio of 2.13 is 9.4% 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 Spectrum Electrics and its competitors. For the Hardware industry, the median PB Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectrum Electrics's current PB Ratio is 2.13, which is 38% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Electrics stock overvalued right now?
Based on GuruFocus' analysis, Spectrum Electrics (ROCO:5381) is currently considered Possible Value Trap. The stock's GF Value™ is NT$40.91, compared to a current price of NT$27.25 — trading 33.4% below its estimated fair value. The current PB Ratio is 2.13, which is 38% above median its 10-year median of 1.54 and 9.4% below the Hardware industry median of 2.35. Spectrum Electrics' overall GF Score™ is 72/100 with 8 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 Spectrum Electrics (ROCO:5381), the current PB Ratio is 2.13 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 Spectrum Electrics (ROCO:5381) Overvalued in 2026?
Based on GuruFocus' analysis, Spectrum Electrics stock appears to be undervalued.
The current stock price of NT$27.25 is trading 33.4% below its estimated GF Value™ of NT$40.91.
GuruFocus considers Spectrum Electrics to be Possible Value Trap.
Key valuation signals for ROCO:5381:
PB Ratio: 2.13 (38% above median its 10-year median of 1.54)
GF Value™: NT$40.91 vs. price of NT$27.25 (33.4% below fair value)
Industry Position: 9.4% below the Hardware median (#1107 of 2421)
No single metric tells the full story. See the ROCO:5381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spectrum Electrics Corp is engaged in the manufacturing, processing, research and development and sales of drilling lubricating aluminum cover plates (LAE), multilayer laminated substrates (MLB), and environmentally friendly melamine boards (drilling pads), as well as its invested businesses in beauty and skin care products.
72GF Score
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