Shuang-Bang Industrial (ROCO:6506) PB Ratio: 1.19 (As of Jul. 16, 2026) — Near 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:6506 Shuang-Bang Industrial Corp ROCO:6506
70 GF Score
Price NT$18.40
GF Value NT$17.34
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Shuang-Bang Industrial PB Ratio?

Shuang-Bang Industrial ROCO:6506 +0.55% 70 PB Ratio is 1.19 as of Jul. 16, 2026, which is 2% below its 10-year median of 1.22. GuruFocus rates ROCO:6506 with a GF Score™ of 70/100 and a GF Value™ of NT$17.34 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,576 Chemicals companies, Shuang-Bang Industrial ranks better than 65.55% 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 (2026-07-16), Shuang-Bang Industrial's share price is NT$18.40. Shuang-Bang Industrial's Book Value per Share for the quarter that ended in Dec. 2025 was NT$15.44. Hence, Shuang-Bang Industrial's PB Ratio of today is 1.19.

Warning Sign:

Shuang-Bang Industrial Corp stock PB Ratio (=1.21) is close to 3-year high of 1.32.

The historical rank and industry rank for Shuang-Bang Industrial's PB Ratio or its related term are showing as below:

ROCO:6506' s PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.22   Max: 1.7
Current: 1.19

During the past 13 years, Shuang-Bang Industrial's highest PB Ratio was 1.70. The lowest was 0.91. And the median was 1.22.

ROCO:6506's PB Ratio is ranked better than
65.55% of 1576 companies
in the Chemicals industry
Industry Median: 1.7 vs ROCO:6506: 1.19

During the past 12 months, Shuang-Bang Industrial's average Book Value Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shuang-Bang Industrial was 12.00% per year. The lowest was -1.40% per year. And the median was 2.70% per year.

Back to Basics: PB Ratio


Shuang-Bang Industrial  (ROCO:6506) 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.


Shuang-Bang Industrial PB Ratio Related Terms


Shuang-Bang Industrial PB Ratio Historical Data

* Premium members only.

The historical data trend for Shuang-Bang Industrial'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.

Shuang-Bang Industrial PB Ratio Chart

Shuang-Bang Industrial 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 1.34 1.20 1.16 1.10 0.99

Shuang-Bang Industrial 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 1.10 1.11 1.11 1.06 0.99

ROCO:6506 vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Shuang-Bang Industrial'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.


Shuang-Bang Industrial PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shuang-Bang Industrial's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shuang-Bang Industrial's PB Ratio falls into.


ROCO:6506
70GF Score
Shuang-Bang Industrial Corp ROCO:6506
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shuang-Bang Industrial 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.

Shuang-Bang Industrial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=18.40/15.442
=1.19

* 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 1.19 mean?
Shuang-Bang Industrial (ROCO:6506) has a PB Ratio of 1.19 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shuang-Bang Industrial and its competitors. This is near median its historical median of 1.22. Over the past decade, Shuang-Bang Industrial's PB Ratio has ranged from 0.91 to 1.70. According to the industry distribution chart, Shuang-Bang Industrial ranks #543 out of 1576 companies in the Chemicals industry, placing it in the top 34.5%.
Is Shuang-Bang Industrial's PB Ratio too high?
Shuang-Bang Industrial's current PB Ratio of 1.19 is near median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 1.70. The Chemicals industry median PB Ratio is 1.70. Shuang-Bang Industrial's value of 1.19 is 30% below this industry median. Based on the distribution chart, Shuang-Bang Industrial ranks #543 out of 1576 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shuang-Bang Industrial has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shuang-Bang Industrial's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shuang-Bang Industrial ranks #543 out of 1576 companies for PB Ratio. This puts Shuang-Bang Industrial in the upper half of its industry. The industry median PB Ratio is 1.70. Shuang-Bang Industrial's value of 1.19 is 30% below this benchmark. Historically, Shuang-Bang Industrial's own PB Ratio has ranged from 0.91 to 1.70 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.70, Shuang-Bang Industrial 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.70, based on 1,576 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. Shuang-Bang Industrial's current PB Ratio of 1.19 is 30% 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 Shuang-Bang Industrial and its competitors. For the Chemicals industry, the median PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuang-Bang Industrial's current PB Ratio is 1.19, which is near median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuang-Bang Industrial stock overvalued right now?
Based on GuruFocus' analysis, Shuang-Bang Industrial (ROCO:6506) is currently considered Fairly Valued. The stock's GF Value™ is NT$17.34, compared to a current price of NT$18.40 — trading 6.1% above its estimated fair value. The current PB Ratio is 1.19, which is near median its 10-year median of 1.22 and 30% below the Chemicals industry median of 1.70. Shuang-Bang Industrial's overall GF Score™ is 70/100 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 Shuang-Bang Industrial (ROCO:6506), the current PB Ratio is 1.19 as of Jul. 16, 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 Shuang-Bang Industrial (ROCO:6506) Overvalued in 2026?

Based on GuruFocus' analysis, Shuang-Bang Industrial stock appears to be overvalued. The current stock price of NT$18.40 is trading 6.1% above its estimated GF Value™ of NT$17.34. GuruFocus considers Shuang-Bang Industrial to be Fairly Valued.

Key valuation signals for ROCO:6506:

  • PB Ratio: 1.19 (near median its 10-year median of 1.22)
  • GF Value™: NT$17.34 vs. price of NT$18.40 (6.1% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 30% below the Chemicals median (#543 of 1576)

No single metric tells the full story. See the ROCO:6506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shuang-Bang Industrial Business Description

Address No. 3 Yongsing Road, Nankang Industrial District, Nantou City, TWN, 540
Shuang-Bang Industrial Corp is engaged in the manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) and the sales of photoinitiators. The group has four segments, including coating and lamination, polymer, TPU, and sports. It generates the majority of its revenue from the coating and lamination segment engaged in manufacturing. The TPU segment is engaged in manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) and sales of photo initiators.
70GF Score

Get the complete analysis for ROCO:6506

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

NT$18.40
Price
NT$17.34
GF Value