Lanner Electronics (ROCO:6245) PB Ratio: 1.81 (As of Jul. 21, 2026) — 12% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:6245 Lanner Electronics Inc ROCO:6245
74 GF Score
Price NT$76.50
GF Value NT$76.53
Valuation Fairly Valued
! 2 Warning Signs
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What is Lanner Electronics PB Ratio?

Lanner Electronics ROCO:6245 +0.79% 74 PB Ratio is 1.81 as of Jul. 21, 2026, which is 12% below its 10-year median of 2.06. GuruFocus rates ROCO:6245 with a GF Score™ of 74/100 and a GF Value™ of NT$76.53 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,418 Hardware companies, Lanner Electronics ranks better than 57.57% 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 (2026-07-21), Lanner Electronics's share price is NT$76.50. Lanner Electronics's Book Value per Share for the quarter that ended in Dec. 2025 was NT$42.26. Hence, Lanner Electronics's PB Ratio of today is 1.81.

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

ROCO:6245' s PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.06   Max: 3.49
Current: 1.81

During the past 13 years, Lanner Electronics's highest PB Ratio was 3.49. The lowest was 1.46. And the median was 2.06.

ROCO:6245's PB Ratio is ranked better than
57.57% of 2418 companies
in the Hardware industry
Industry Median: 2.165 vs ROCO:6245: 1.81

During the past 12 months, Lanner Electronics's average Book Value Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lanner Electronics was 21.40% per year. The lowest was 5.40% per year. And the median was 10.70% per year.

Back to Basics: PB Ratio


Lanner Electronics  (ROCO:6245) 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.


Lanner Electronics PB Ratio Related Terms


Lanner Electronics PB Ratio Historical Data

* Premium members only.

The historical data trend for Lanner Electronics'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.

Lanner Electronics PB Ratio Chart

Lanner Electronics 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 1.85 2.54 2.87 2.25 1.62

Lanner Electronics 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 2.25 2.19 1.96 1.99 1.62

ROCO:6245 vs CSCO, CIEN, MSI: PB Ratio Comparison

For the Communication Equipment subindustry, Lanner Electronics'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.


Lanner Electronics PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Lanner Electronics's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lanner Electronics's PB Ratio falls into.


ROCO:6245
74GF Score
Lanner Electronics Inc ROCO:6245
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lanner Electronics 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.

Lanner Electronics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=76.50/42.258
=1.81

* 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 1.81 mean?
Lanner Electronics (ROCO:6245) has a PB Ratio of 1.81 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lanner Electronics and its competitors. This is 12% below median its historical median of 2.06. Over the past decade, Lanner Electronics' PB Ratio has ranged from 1.46 to 3.49. According to the industry distribution chart, Lanner Electronics ranks #1026 out of 2418 companies in the Hardware industry, placing it in the top 42.4%.
Is Lanner Electronics' PB Ratio too high?
Lanner Electronics' current PB Ratio of 1.81 is 12% below median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 3.49. The Hardware industry median PB Ratio is 2.17. Lanner Electronics' value of 1.81 is 16.4% below this industry median. Based on the distribution chart, Lanner Electronics ranks #1026 out of 2418 companies in the Hardware industry, which is above the industry midpoint. Overall, Lanner Electronics has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lanner Electronics' PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Lanner Electronics ranks #1026 out of 2418 companies for PB Ratio. This puts Lanner Electronics in the upper half of its industry. The industry median PB Ratio is 2.17. Lanner Electronics' value of 1.81 is 16.4% below this benchmark. Historically, Lanner Electronics' own PB Ratio has ranged from 1.46 to 3.49 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 2.17, Lanner Electronics 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 2.17, based on 2,418 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. Lanner Electronics's current PB Ratio of 1.81 is 16.4% 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 Lanner Electronics and its competitors. For the Hardware industry, the median PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lanner Electronics's current PB Ratio is 1.81, which is 12% below median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lanner Electronics stock overvalued right now?
Based on GuruFocus' analysis, Lanner Electronics (ROCO:6245) is currently considered Fairly Valued. The stock's GF Value™ is NT$76.53, compared to a current price of NT$76.50 — trading 0% below its estimated fair value. The current PB Ratio is 1.81, which is 12% below median its 10-year median of 2.06 and 16.4% below the Hardware industry median of 2.17. Lanner Electronics' overall GF Score™ is 74/100 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 Lanner Electronics (ROCO:6245), the current PB Ratio is 1.81 as of Jul. 21, 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 Lanner Electronics (ROCO:6245) Overvalued in 2026?

Based on GuruFocus' analysis, Lanner Electronics stock appears to be undervalued. The current stock price of NT$76.50 is trading 0% below its estimated GF Value™ of NT$76.53. GuruFocus considers Lanner Electronics to be Fairly Valued.

Key valuation signals for ROCO:6245:

  • PB Ratio: 1.81 (12% below median its 10-year median of 2.06)
  • GF Value™: NT$76.53 vs. price of NT$76.50 (0% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 16.4% below the Hardware median (#1026 of 2418)

No single metric tells the full story. See the ROCO:6245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lanner Electronics Business Description

Address No. 173, Datong Road, 7th Floor, Section 2, Xizhi District, New Taipei, TWN, 22184
Lanner Electronics Inc is a Taiwan-based company engaged in the manufacturing and trading of computer peripheral equipment, computer software design and development services, and related information processing trade business. Its products include telecommunication data center appliances, Edge AI appliances, industrial communication platforms, embedded boxes, network appliances, and extension modules among others. Geographically, it derives a majority of its revenue from the United States and the rest from China, Israel, Hong Kong, and other regions.
74GF Score

Get the complete analysis for ROCO:6245

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

NT$76.50
Price
NT$76.53
GF Value