Mars Semiconductor (ROCO:6708) PB Ratio: 2.93 (As of Aug. 08, 2026) — 13% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:6708 Mars Semiconductor Corp ROCO:6708
82 GF Score
Price NT$38.65
GF Value NT$53.42
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Mars Semiconductor PB Ratio?

Mars Semiconductor ROCO:6708 82 PB Ratio is 2.93 as of Aug. 08, 2026, which is 13% below its 10-year median of 3.35. GuruFocus rates ROCO:6708 with a GF Score™ of 82/100 and a GF Value™ of NT$53.42 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,417 Hardware companies, Mars Semiconductor ranks worse than 59.74% 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 (2026-08-08), Mars Semiconductor's share price is NT$38.65. Mars Semiconductor's Book Value per Share for the quarter that ended in Mar. 2026 was NT$13.18. Hence, Mars Semiconductor's PB Ratio of today is 2.93.

Good Sign:

Mars Semiconductor Corp stock PB Ratio (=2.99) is close to 10-year low of 2.74.

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

ROCO:6708' s PB Ratio Range Over the Past 10 Years
Min: 2.74   Med: 3.35   Max: 10.13
Current: 2.96

During the past 10 years, Mars Semiconductor's highest PB Ratio was 10.13. The lowest was 2.74. And the median was 3.35.

ROCO:6708's PB Ratio is ranked worse than
59.74% of 2417 companies
in the Hardware industry
Industry Median: 2.3 vs ROCO:6708: 2.96

During the past 12 months, Mars Semiconductor's average Book Value Per Share Growth Rate was -0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Mars Semiconductor was 15.00% per year. The lowest was -6.70% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio


Mars Semiconductor  (ROCO:6708) 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.


Mars Semiconductor PB Ratio Related Terms


Mars Semiconductor PB Ratio Historical Data

* Premium members only.

The historical data trend for Mars Semiconductor'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.

Mars Semiconductor PB Ratio Chart

Mars Semiconductor 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 7.66 3.88 3.49 3.54 3.11

Mars Semiconductor Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.54 3.37 3.03 3.11 2.97

ROCO:6708 vs CSCO, MSI, HPE: PB Ratio Comparison

For the Communication Equipment subindustry, Mars Semiconductor'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.


Mars Semiconductor PB Ratio vs Hardware Industry

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

* The bar in red indicates where Mars Semiconductor's PB Ratio falls into.


ROCO:6708
82GF Score
Mars Semiconductor Corp ROCO:6708
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mars Semiconductor 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.

Mars Semiconductor's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=38.65/13.184
=2.93

* 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 2.93 mean?
Mars Semiconductor (ROCO:6708) has a PB Ratio of 2.93 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mars Semiconductor and its competitors. This is 13% below median its historical median of 3.35. Over the past decade, Mars Semiconductor's PB Ratio has ranged from 2.74 to 10.13. According to the industry distribution chart, Mars Semiconductor ranks #1444 out of 2417 companies in the Hardware industry, placing it in the top 59.7%.
Is Mars Semiconductor's PB Ratio too high?
Mars Semiconductor's current PB Ratio of 2.93 is 13% below median its 10-year median of 3.35. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 10.13. The Hardware industry median PB Ratio is 2.30. Mars Semiconductor's value of 2.93 is 27.4% above this industry median. Based on the distribution chart, Mars Semiconductor ranks #1444 out of 2417 companies in the Hardware industry, which is below the industry midpoint. Overall, Mars Semiconductor has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mars Semiconductor's PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Mars Semiconductor ranks #1444 out of 2417 companies for PB Ratio. This places Mars Semiconductor in the lower half of its industry. The industry median PB Ratio is 2.30. Mars Semiconductor's value of 2.93 is 27.4% above this benchmark. Historically, Mars Semiconductor's own PB Ratio has ranged from 2.74 to 10.13 over the past decade. While the company's 10-year median is 3.35 vs. the industry median of 2.30, Mars Semiconductor 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 2.30, based on 2,417 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. Mars Semiconductor's current PB Ratio of 2.93 is 27.4% 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 Mars Semiconductor and its competitors. For the Hardware industry, the median PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mars Semiconductor's current PB Ratio is 2.93, which is 13% below median its own 10-year median of 3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mars Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Mars Semiconductor (ROCO:6708) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$53.42, compared to a current price of NT$38.65 — trading 27.6% below its estimated fair value. The current PB Ratio is 2.93, which is 13% below median its 10-year median of 3.35 and 27.4% above the Hardware industry median of 2.30. Mars Semiconductor's overall GF Score™ is 82/100 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 Mars Semiconductor (ROCO:6708), the current PB Ratio is 2.93 as of Aug. 08, 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 Mars Semiconductor (ROCO:6708) Overvalued in 2026?

Based on GuruFocus' analysis, Mars Semiconductor stock appears to be undervalued. The current stock price of NT$38.65 is trading 27.6% below its estimated GF Value™ of NT$53.42. GuruFocus considers Mars Semiconductor to be Modestly Undervalued.

Key valuation signals for ROCO:6708:

  • PB Ratio: 2.93 (13% below median its 10-year median of 3.35)
  • GF Value™: NT$53.42 vs. price of NT$38.65 (27.6% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 27.4% above the Hardware median (#1444 of 2417)

No single metric tells the full story. See the ROCO:6708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mars Semiconductor Business Description

Address No. 1, Lixing 1st Road, Room C5, 3rd Floor, Hsinchu Science Park, Hsinchu, TWN
Mars Semiconductor Corp is a bandwidth wireless audio and video chip design company. It provides wireless cloud system service (SaaS) software and hardware integration services. The company's products include wireless home security, wireless cars, and wireless baby monitors.
82GF Score

Get the complete analysis for ROCO:6708

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

NT$38.65
Price
NT$53.42
GF Value