Kingwaytek Technology Co (ROCO:6516) PB Ratio: 3.21 (As of Jul. 15, 2026) — 17% Below Median

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Vera Yuan
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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.
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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:6516 Kingwaytek Technology Co Ltd ROCO:6516
85 GF Score
Price NT$58.10
GF Value NT$85.39
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Kingwaytek Technology Co PB Ratio?

Kingwaytek Technology Co ROCO:6516 +0.35% 85 PB Ratio is 3.21 as of Jul. 15, 2026, which is 17% below its 10-year median of 3.86. GuruFocus rates ROCO:6516 with a GF Score™ of 85/100 and a GF Value™ of NT$85.39 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,419 Hardware companies, Kingwaytek Technology Co ranks worse than 62.84% 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 (2026-07-15), Kingwaytek Technology Co's share price is NT$58.10. Kingwaytek Technology Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$18.13. Hence, Kingwaytek Technology Co's PB Ratio of today is 3.21.

Good Sign:

Kingwaytek Technology Co Ltd stock PB Ratio (=3.19) is close to 5-year low of 3.06.

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

ROCO:6516' s PB Ratio Range Over the Past 10 Years
Min: 2.67   Med: 3.86   Max: 21.82
Current: 3.21

During the past 13 years, Kingwaytek Technology Co's highest PB Ratio was 21.82. The lowest was 2.67. And the median was 3.86.

ROCO:6516's PB Ratio is ranked worse than
62.84% of 2419 companies
in the Hardware industry
Industry Median: 2.27 vs ROCO:6516: 3.21

During the past 12 months, Kingwaytek Technology Co's average Book Value Per Share Growth Rate was -6.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kingwaytek Technology Co was 32.80% per year. The lowest was -0.40% per year. And the median was 6.10% per year.

Back to Basics: PB Ratio


Kingwaytek Technology Co  (ROCO:6516) 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.


Kingwaytek Technology Co PB Ratio Related Terms


Kingwaytek Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Kingwaytek Technology 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.

Kingwaytek Technology Co PB Ratio Chart

Kingwaytek Technology 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 4.02 3.45 4.23 3.64 3.45

Kingwaytek Technology 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 3.64 3.71 4.09 3.72 3.45

ROCO:6516 vs COHR, KEYS, GRMN: PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Kingwaytek Technology 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.


Kingwaytek Technology Co PB Ratio vs Hardware Industry

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

* The bar in red indicates where Kingwaytek Technology Co's PB Ratio falls into.


ROCO:6516
85GF Score
Kingwaytek Technology Co Ltd ROCO:6516
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kingwaytek Technology 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.

Kingwaytek Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=58.10/18.127
=3.21

* 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 3.21 mean?
Kingwaytek Technology Co (ROCO:6516) has a PB Ratio of 3.21 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kingwaytek Technology Co and its competitors. This is 17% below median its historical median of 3.86. Over the past decade, Kingwaytek Technology Co's PB Ratio has ranged from 2.67 to 21.82. According to the industry distribution chart, Kingwaytek Technology Co ranks #1520 out of 2419 companies in the Hardware industry, placing it in the top 62.8%.
Is Kingwaytek Technology Co's PB Ratio too high?
Kingwaytek Technology Co's current PB Ratio of 3.21 is 17% below median its 10-year median of 3.86. Over the past 10 years, this metric has ranged from a low of 2.67 to a high of 21.82. The Hardware industry median PB Ratio is 2.27. Kingwaytek Technology Co's value of 3.21 is 41.4% above this industry median. Based on the distribution chart, Kingwaytek Technology Co ranks #1520 out of 2419 companies in the Hardware industry, which is below the industry midpoint. Overall, Kingwaytek Technology Co has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kingwaytek Technology Co's PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Kingwaytek Technology Co ranks #1520 out of 2419 companies for PB Ratio. This places Kingwaytek Technology Co in the lower half of its industry. The industry median PB Ratio is 2.27. Kingwaytek Technology Co's value of 3.21 is 41.4% above this benchmark. Historically, Kingwaytek Technology Co's own PB Ratio has ranged from 2.67 to 21.82 over the past decade. While the company's 10-year median is 3.86 vs. the industry median of 2.27, Kingwaytek Technology 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 2.27, 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. Kingwaytek Technology Co's current PB Ratio of 3.21 is 41.4% 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 Kingwaytek Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingwaytek Technology Co's current PB Ratio is 3.21, which is 17% below median its own 10-year median of 3.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingwaytek Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Kingwaytek Technology Co (ROCO:6516) is currently considered Possible Value Trap. The stock's GF Value™ is NT$85.39, compared to a current price of NT$58.10 — trading 32% below its estimated fair value. The current PB Ratio is 3.21, which is 17% below median its 10-year median of 3.86 and 41.4% above the Hardware industry median of 2.27. Kingwaytek Technology 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 Kingwaytek Technology Co (ROCO:6516), the current PB Ratio is 3.21 as of Jul. 15, 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 Kingwaytek Technology Co (ROCO:6516) Overvalued in 2026?

Based on GuruFocus' analysis, Kingwaytek Technology Co stock appears to be undervalued. The current stock price of NT$58.10 is trading 32% below its estimated GF Value™ of NT$85.39. GuruFocus considers Kingwaytek Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:6516:

  • PB Ratio: 3.21 (17% below median its 10-year median of 3.86)
  • GF Value™: NT$85.39 vs. price of NT$58.10 (32% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 41.4% above the Hardware median (#1520 of 2419)

No single metric tells the full story. See the ROCO:6516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kingwaytek Technology Co Business Description

Address No.100, Sector 2, Roosevelt Road, 3rd Floor, ZhongZheng District, Taipei, TWN, 100
Kingwaytek Technology Co Ltd develops digital map databases. The Company offers Aerial Survey Offices, geographic information, satellite images, aerial photogrammetry, and field drive test surveys. It focuses on electronic map production and GIS system development. Its products are mainly used in transportation and power telecommunications.
85GF Score

Get the complete analysis for ROCO:6516

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

NT$58.10
Price
NT$85.39
GF Value