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The historical rank and industry rank for TienPin United Enterprise Co's PB Ratio or its related term are showing as below:
ROCO:6199'
s PB Ratio Range Over the Past 10 Years
Min: 0.96 Med: 1.56 Max: 10.35
Current: 7.23
During the past 13 years, TienPin United Enterprise Co's highest PB Ratio was 10.35. The lowest was 0.96. And the median was 1.56.
ROCO:6199's PB Ratio is ranked worse than 86.03% of 2419
companies
in the Hardware industry
Industry Median: 2.25
vs ROCO:6199: 7.23
During the past 12 months, TienPin United Enterprise Co's average Book Value Per Share Growth Rate was 10.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TienPin United Enterprise Co was 6.00% per year. The lowest was -14.30% per year. And the median was 0.95% per year.
Back to Basics: PB Ratio
TienPin United Enterprise Co (ROCO:6199) 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.
TienPin United Enterprise Co PB Ratio Related Terms
TienPin United Enterprise Co PB Ratio Historical Data
* 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 Computer Hardware subindustry, TienPin United Enterprise 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.
TienPin United Enterprise Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, TienPin United Enterprise Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where TienPin United Enterprise 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.
* 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.
TienPin United Enterprise Co (ROCO:6199) has a PB Ratio of 7.23 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TienPin United Enterprise Co and its competitors. This is 363% above median its historical median of 1.56. Over the past decade, TienPin United Enterprise Co's PB Ratio has ranged from 0.96 to 10.35. According to the industry distribution chart, TienPin United Enterprise Co ranks #2081 out of 2419 companies in the Hardware industry, placing it in the top 86%.
Is TienPin United Enterprise Co's PB Ratio too high?
TienPin United Enterprise Co's current PB Ratio of 7.23 is 363% above median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 10.35. The Hardware industry median PB Ratio is 2.25. TienPin United Enterprise Co's value of 7.23 is 221.3% above this industry median. Based on the distribution chart, TienPin United Enterprise Co ranks #2081 out of 2419 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, TienPin United Enterprise Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TienPin United Enterprise Co's PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, TienPin United Enterprise Co ranks #2081 out of 2419 companies for PB Ratio. This places TienPin United Enterprise Co in the lower half of its industry. The industry median PB Ratio is 2.25. TienPin United Enterprise Co's value of 7.23 is 221.3% above this benchmark. Historically, TienPin United Enterprise Co's own PB Ratio has ranged from 0.96 to 10.35 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 2.25, TienPin United Enterprise Co 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 Hardware company?
The median PB Ratio among Hardware companies is 2.25, based on 2,419 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. TienPin United Enterprise Co's current PB Ratio of 7.23 is 221.3% 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 TienPin United Enterprise Co and its competitors. For the Hardware industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TienPin United Enterprise Co's current PB Ratio is 7.23, which is 363% above median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TienPin United Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, TienPin United Enterprise Co (ROCO:6199) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$143.83, compared to a current price of NT$104.00 — trading 27.7% below its estimated fair value. The current PB Ratio is 7.23, which is 363% above median its 10-year median of 1.56 and 221.3% above the Hardware industry median of 2.25. TienPin United Enterprise Co's overall GF Score™ is 85/100 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 TienPin United Enterprise Co (ROCO:6199), the current PB Ratio is 7.23 as of Jul. 17, 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 TienPin United Enterprise Co (ROCO:6199) Overvalued in 2026?
Based on GuruFocus' analysis, TienPin United Enterprise Co stock appears to be undervalued.
The current stock price of NT$104.00 is trading 27.7% below its estimated GF Value™ of NT$143.83.
GuruFocus considers TienPin United Enterprise Co to be Modestly Undervalued.
Key valuation signals for ROCO:6199:
PB Ratio: 7.23 (363% above median its 10-year median of 1.56)
GF Value™: NT$143.83 vs. price of NT$104.00 (27.7% below fair value)
Industry Position: 221.3% above the Hardware median (#2081 of 2419)
No single metric tells the full story. See the ROCO:6199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TienPin United Enterprise Co Ltd is a flash storage manufacturer, specializing in portable storage products. It designs and manufactures products using USB 2.0, PCMCIA, ExpressCard, FireWire, SDIO and CompactFlash interfaces. Its products include a lash card reader/writer, flash card adapter, Digital Photo Frame, Digital Signage, LCD TV Player Module, fingerprint device, and flash drive.
85GF Score
Get the complete analysis for ROCO:6199
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