Mutual-Tek Industries Co (ROCO:6407) PB Ratio: 1.38 (As of Jul. 17, 2026) — 38% Above 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:6407 Mutual-Tek Industries Co Ltd ROCO:6407
66 GF Score
Price NT$25.80
GF Value NT$23.19
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Mutual-Tek Industries Co PB Ratio?

Mutual-Tek Industries Co ROCO:6407 -2.09% 66 PB Ratio is 1.38 as of Jul. 17, 2026, which is 38% above its 10-year median of 1.00. GuruFocus rates ROCO:6407 with a GF Score™ of 66/100 and a GF Value™ of NT$23.19 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,419 Hardware companies, Mutual-Tek Industries Co ranks better than 69.7% 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 (2026-07-17), Mutual-Tek Industries Co's share price is NT$25.80. Mutual-Tek Industries Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$18.64. Hence, Mutual-Tek Industries Co's PB Ratio of today is 1.38.

The historical rank and industry rank for Mutual-Tek Industries Co's PB Ratio or its related term are showing as below:

ROCO:6407' s PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1   Max: 2.46
Current: 1.38

During the past 13 years, Mutual-Tek Industries Co's highest PB Ratio was 2.46. The lowest was 0.45. And the median was 1.00.

ROCO:6407's PB Ratio is ranked better than
69.7% of 2419 companies
in the Hardware industry
Industry Median: 2.25 vs ROCO:6407: 1.38

During the past 12 months, Mutual-Tek Industries Co's average Book Value Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mutual-Tek Industries Co was 14.40% per year. The lowest was -8.10% per year. And the median was 2.20% per year.

Back to Basics: PB Ratio


Mutual-Tek Industries Co  (ROCO:6407) 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.


Mutual-Tek Industries Co PB Ratio Related Terms


Mutual-Tek Industries Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Mutual-Tek Industries 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.

Mutual-Tek Industries Co PB Ratio Chart

Mutual-Tek Industries 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 0.70 0.55 1.45 0.95 1.01

Mutual-Tek Industries Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 1.45 1.09 0.95 1.12 1.01

ROCO:6407 vs APH, GLW: PB Ratio Comparison

For the Electronic Components subindustry, Mutual-Tek Industries 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.


Mutual-Tek Industries Co PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Mutual-Tek Industries Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mutual-Tek Industries Co's PB Ratio falls into.


ROCO:6407
66GF Score
Mutual-Tek Industries Co Ltd ROCO:6407
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mutual-Tek Industries 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.

Mutual-Tek Industries Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=25.80/18.641
=1.38

* 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 1.38 mean?
Mutual-Tek Industries Co (ROCO:6407) has a PB Ratio of 1.38 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 Mutual-Tek Industries Co and its competitors. This is 38% above median its historical median of 1.00. Over the past decade, Mutual-Tek Industries Co's PB Ratio has ranged from 0.45 to 2.46. According to the industry distribution chart, Mutual-Tek Industries Co ranks #733 out of 2419 companies in the Hardware industry, placing it in the top 30.3%.
Is Mutual-Tek Industries Co's PB Ratio too high?
Mutual-Tek Industries Co's current PB Ratio of 1.38 is 38% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.46. The Hardware industry median PB Ratio is 2.25. Mutual-Tek Industries Co's value of 1.38 is 38.7% below this industry median. Based on the distribution chart, Mutual-Tek Industries Co ranks #733 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, Mutual-Tek Industries Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual-Tek Industries Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Mutual-Tek Industries Co ranks #733 out of 2419 companies for PB Ratio. This puts Mutual-Tek Industries Co in the upper half of its industry. The industry median PB Ratio is 2.25. Mutual-Tek Industries Co's value of 1.38 is 38.7% below this benchmark. Historically, Mutual-Tek Industries Co's own PB Ratio has ranged from 0.45 to 2.46 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 2.25, Mutual-Tek Industries 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 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. Mutual-Tek Industries Co's current PB Ratio of 1.38 is 38.7% 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 Mutual-Tek Industries 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. Mutual-Tek Industries Co's current PB Ratio is 1.38, which is 38% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual-Tek Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Mutual-Tek Industries Co (ROCO:6407) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.19, compared to a current price of NT$25.80 — trading 11.3% above its estimated fair value. The current PB Ratio is 1.38, which is 38% above median its 10-year median of 1.00 and 38.7% below the Hardware industry median of 2.25. Mutual-Tek Industries 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 Mutual-Tek Industries Co (ROCO:6407), the current PB Ratio is 1.38 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 Mutual-Tek Industries Co (ROCO:6407) Overvalued in 2026?

Based on GuruFocus' analysis, Mutual-Tek Industries Co stock appears to be overvalued. The current stock price of NT$25.80 is trading 11.3% above its estimated GF Value™ of NT$23.19. GuruFocus considers Mutual-Tek Industries Co to be Modestly Overvalued.

Key valuation signals for ROCO:6407:

  • PB Ratio: 1.38 (38% above median its 10-year median of 1.00)
  • GF Value™: NT$23.19 vs. price of NT$25.80 (11.3% above fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 38.7% below the Hardware median (#733 of 2419)

No single metric tells the full story. See the ROCO:6407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mutual-Tek Industries Co Business Description

Address Huacheng Road, No.25, Lane 195, Xinzhuang District, New Taipei City, Taipei, TWN, 242
Mutual-Tek Industries Co Ltd is involved in manufacturing multi-layer and double-sided printed circuit boards (PCBs). Its product offerings include Rigid-Flex Board, High-Density Interconnect PCB, High Layer count, and Ultra-Thin PCB among others.
66GF Score

Get the complete analysis for ROCO:6407

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

NT$25.80
Price
NT$23.19
GF Value