Rich Circle Development Co (ROCO:6198) PB Ratio: 0.74 (As of Jul. 23, 2026) — 69% Below 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:6198 Rich Circle Development Co Ltd ROCO:6198
28 GF Score
Price NT$20.45
GF Value NT$0.44
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Rich Circle Development Co PB Ratio?

Rich Circle Development Co ROCO:6198 28 PB Ratio is 0.74 as of Jul. 23, 2026, which is 69% below its 10-year median of 2.35. GuruFocus rates ROCO:6198 with a GF Score™ of 28/100 and a GF Value™ of NT$0.44 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 998 Semiconductors companies, Rich Circle Development Co ranks better than 89.88% 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 (2026-07-23), Rich Circle Development Co's share price is NT$20.45. Rich Circle Development Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$27.74. Hence, Rich Circle Development Co's PB Ratio of today is 0.74.

Good Sign:

Rich Circle Development Co Ltd stock PB Ratio (=0.72) is close to 10-year low of 0.71.

The historical rank and industry rank for Rich Circle Development Co's PB Ratio or its related term are showing as below:

ROCO:6198' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.35   Max: 6.42
Current: 0.74

During the past 13 years, Rich Circle Development Co's highest PB Ratio was 6.42. The lowest was 0.71. And the median was 2.35.

ROCO:6198's PB Ratio is ranked better than
89.88% of 998 companies
in the Semiconductors industry
Industry Median: 3.24 vs ROCO:6198: 0.74

During the past 12 months, Rich Circle Development Co's average Book Value Per Share Growth Rate was -0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Rich Circle Development Co was 42.10% per year. The lowest was -16.40% per year. And the median was -8.75% per year.

Back to Basics: PB Ratio


Rich Circle Development Co  (ROCO:6198) 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.


Rich Circle Development Co PB Ratio Related Terms


Rich Circle Development Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Rich Circle Development 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.

Rich Circle Development Co PB Ratio Chart

Rich Circle Development Co 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 1.69 0.97 1.24 1.54 1.01

Rich Circle Development Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.54 1.38 1.15 1.03 1.01

ROCO:6198 vs NVDA, AVGO, MU: PB Ratio Comparison

For the Semiconductors subindustry, Rich Circle Development 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.


Rich Circle Development Co PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Rich Circle Development Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Rich Circle Development Co's PB Ratio falls into.


ROCO:6198
28GF Score
Rich Circle Development Co Ltd ROCO:6198
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rich Circle Development 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.

Rich Circle Development Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=20.45/27.735
=0.74

* 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 0.74 mean?
Rich Circle Development Co (ROCO:6198) has a PB Ratio of 0.74 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Rich Circle Development Co and its competitors. This is 69% below median its historical median of 2.35. Over the past decade, Rich Circle Development Co's PB Ratio has ranged from 0.71 to 6.42. According to the industry distribution chart, Rich Circle Development Co ranks #101 out of 998 companies in the Semiconductors industry, placing it in the top 10.1%.
Is Rich Circle Development Co's PB Ratio too high?
Rich Circle Development Co's current PB Ratio of 0.74 is 69% below median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 6.42. The Semiconductors industry median PB Ratio is 3.24. Rich Circle Development Co's value of 0.74 is 77.2% below this industry median. Based on the distribution chart, Rich Circle Development Co ranks #101 out of 998 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Rich Circle Development Co has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rich Circle Development Co's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Rich Circle Development Co ranks #101 out of 998 companies for PB Ratio. This places Rich Circle Development Co in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 3.24. Rich Circle Development Co's value of 0.74 is 77.2% below this benchmark. Historically, Rich Circle Development Co's own PB Ratio has ranged from 0.71 to 6.42 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 3.24, Rich Circle Development 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.24, 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. Rich Circle Development Co's current PB Ratio of 0.74 is 77.2% 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 Rich Circle Development Co and its competitors. For the Semiconductors industry, the median PB Ratio is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rich Circle Development Co's current PB Ratio is 0.74, which is 69% below median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rich Circle Development Co stock overvalued right now?
Based on GuruFocus' analysis, Rich Circle Development Co (ROCO:6198) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$0.44, compared to a current price of NT$20.45 — trading 4547.7% above its estimated fair value. The current PB Ratio is 0.74, which is 69% below median its 10-year median of 2.35 and 77.2% below the Semiconductors industry median of 3.24. Rich Circle Development Co's overall GF Score™ is 28/100 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 Rich Circle Development Co (ROCO:6198), the current PB Ratio is 0.74 as of Jul. 23, 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 Rich Circle Development Co (ROCO:6198) Overvalued in 2026?

Based on GuruFocus' analysis, Rich Circle Development Co stock appears to be overvalued. The current stock price of NT$20.45 is trading 4547.7% above its estimated GF Value™ of NT$0.44. GuruFocus considers Rich Circle Development Co to be Significantly Overvalued.

Key valuation signals for ROCO:6198:

  • PB Ratio: 0.74 (69% below median its 10-year median of 2.35)
  • GF Value™: NT$0.44 vs. price of NT$20.45 (4547.7% above fair value)
  • GF Score™: 28/100 with 8 warning signs
  • Industry Position: 77.2% below the Semiconductors median (#101 of 998)

No single metric tells the full story. See the ROCO:6198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rich Circle Development Co Business Description

Address 7F, No. 467, Xingshan Road, Neihu District, Taipei City, TWN
Rich Circle Development Co Ltd is mainly engaged in the design, marketing and sales of integrated circuits, semiconductor memory components, digital communication products, computer peripherals, semiconductor components and other related businesses. The Company has two reportable operating segments: the Development department, which engages in development of commercial buildings, public housing and industrial plant for leasing and sales; and the Construction department, which engages in the business of construction and civil engineering and generates maximum revenue.
28GF Score

Get the complete analysis for ROCO:6198

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

NT$20.45
Price
NT$0.44
GF Value