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Handa PharmaceuticalsROCO:6620 -1.28%75 PB Ratio is 2.52 as of Jul. 22, 2026, which is 40% below its 10-year median of 4.19. GuruFocus rates ROCO:6620 with a GF Score™ of 75/100 and a GF Value™ of NT$183.93 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 921 Drug Manufacturers companies, Handa Pharmaceuticals ranks worse than 62.98% on this metric.
The historical rank and industry rank for Handa Pharmaceuticals's PB Ratio or its related term are showing as below:
ROCO:6620'
s PB Ratio Range Over the Past 10 Years
Min: 2.01 Med: 4.19 Max: 38.26
Current: 2.53
During the past 12 years, Handa Pharmaceuticals's highest PB Ratio was 38.26. The lowest was 2.01. And the median was 4.19.
ROCO:6620's PB Ratio is ranked worse than 62.98% of 921
companies
in the Drug Manufacturers industry
Industry Median: 1.86
vs ROCO:6620: 2.53
During the past 12 months, Handa Pharmaceuticals's average Book Value Per Share Growth Rate was 51.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 83.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 61.00% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Handa Pharmaceuticals was 83.30% per year. The lowest was -16.10% per year. And the median was 2.05% per year.
Back to Basics: PB Ratio
Handa Pharmaceuticals (ROCO:6620) 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.
* 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 Drug Manufacturers - Specialty & Generic subindustry, Handa Pharmaceuticals'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.
Handa Pharmaceuticals PB Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Handa Pharmaceuticals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Handa Pharmaceuticals'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.
Handa Pharmaceuticals (ROCO:6620) has a PB Ratio of 2.52 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Handa Pharmaceuticals and its competitors. This is 40% below median its historical median of 4.19. Over the past decade, Handa Pharmaceuticals' PB Ratio has ranged from 2.01 to 38.26. According to the industry distribution chart, Handa Pharmaceuticals ranks #580 out of 921 companies in the Drug Manufacturers industry, placing it in the top 63%.
Is Handa Pharmaceuticals' PB Ratio too high?
Handa Pharmaceuticals' current PB Ratio of 2.52 is 40% below median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 38.26. The Drug Manufacturers industry median PB Ratio is 1.86. Handa Pharmaceuticals' value of 2.52 is 35.5% above this industry median. Based on the distribution chart, Handa Pharmaceuticals ranks #580 out of 921 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Handa Pharmaceuticals has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Handa Pharmaceuticals' PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Handa Pharmaceuticals ranks #580 out of 921 companies for PB Ratio. This places Handa Pharmaceuticals in the lower half of its industry. The industry median PB Ratio is 1.86. Handa Pharmaceuticals' value of 2.52 is 35.5% above this benchmark. Historically, Handa Pharmaceuticals' own PB Ratio has ranged from 2.01 to 38.26 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 1.86, Handa Pharmaceuticals 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 Drug Manufacturers company?
The median PB Ratio among Drug Manufacturers companies is 1.86, based on 921 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. Handa Pharmaceuticals's current PB Ratio of 2.52 is 35.5% 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 Handa Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median PB Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Handa Pharmaceuticals's current PB Ratio is 2.52, which is 40% below median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Handa Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Handa Pharmaceuticals (ROCO:6620) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$183.93, compared to a current price of NT$84.70 — trading 53.9% below its estimated fair value. The current PB Ratio is 2.52, which is 40% below median its 10-year median of 4.19 and 35.5% above the Drug Manufacturers industry median of 1.86. Handa Pharmaceuticals' overall GF Score™ is 75/100 with 1 warning sign 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 Handa Pharmaceuticals (ROCO:6620), the current PB Ratio is 2.52 as of Jul. 22, 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 Handa Pharmaceuticals (ROCO:6620) Overvalued in 2026?
Based on GuruFocus' analysis, Handa Pharmaceuticals stock appears to be undervalued.
The current stock price of NT$84.70 is trading 53.9% below its estimated GF Value™ of NT$183.93.
GuruFocus considers Handa Pharmaceuticals to be Significantly Undervalued.
Key valuation signals for ROCO:6620:
PB Ratio: 2.52 (40% below median its 10-year median of 4.19)
GF Value™: NT$183.93 vs. price of NT$84.70 (53.9% below fair value)
Industry Position: 35.5% above the Drug Manufacturers median (#580 of 921)
No single metric tells the full story. See the ROCO:6620 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Handa Pharmaceuticals Inc is a Taiwan-based specialty pharmaceutical company. It is engaged in the development of niche drugs. The company focuses on the development of high-barrier/patentable niche products.
75GF Score
Get the complete analysis for ROCO:6620
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