Kingray Technology Co (ROCO:6787) PB Ratio: 4.52 (As of Jul. 21, 2026) — 46% Above 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:6787 Kingray Technology Co Ltd ROCO:6787
75 GF Score
Price NT$32.60
GF Value NT$47.18
Valuation Significantly Undervalued
View Full Analysis

What is Kingray Technology Co PB Ratio?

Kingray Technology Co ROCO:6787 +8.31% 75 PB Ratio is 4.52 as of Jul. 21, 2026, which is 46% above its 10-year median of 3.10. GuruFocus rates ROCO:6787 with a GF Score™ of 75/100 and a GF Value™ of NT$47.18 (Significantly Undervalued). Among 998 Semiconductors companies, Kingray Technology Co ranks worse than 59.72% 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 (2026-07-21), Kingray Technology Co's share price is NT$32.60. Kingray Technology Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$7.21. Hence, Kingray Technology Co's PB Ratio of today is 4.52.

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

ROCO:6787' s PB Ratio Range Over the Past 10 Years
Min: 1.25   Med: 3.1   Max: 9.41
Current: 4.52

During the past 9 years, Kingray Technology Co's highest PB Ratio was 9.41. The lowest was 1.25. And the median was 3.10.

ROCO:6787's PB Ratio is ranked worse than
59.72% of 998 companies
in the Semiconductors industry
Industry Median: 3.19 vs ROCO:6787: 4.52

During the past 12 months, Kingray Technology Co's average Book Value Per Share Growth Rate was -21.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.10% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Kingray Technology Co was 54.50% per year. The lowest was -3.80% per year. And the median was 11.50% per year.

Back to Basics: PB Ratio


Kingray Technology Co  (ROCO:6787) 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.


Kingray Technology Co PB Ratio Related Terms


Kingray Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Kingray 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.

Kingray Technology Co PB Ratio Chart

Kingray Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 3.50 1.79 1.89 5.15 3.18

Kingray Technology Co Semi-Annual Data
Dec17 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 1.89 4.94 5.15 3.48 3.18

ROCO:6787 vs AMAT, LRCX, KLAC: PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Kingray 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.


Kingray Technology Co PB Ratio vs Semiconductors Industry

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

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


ROCO:6787
75GF Score
Kingray Technology Co Ltd ROCO:6787
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kingray 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=32.60/7.207
=4.52

* 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 4.52 mean?
Kingray Technology Co (ROCO:6787) has a PB Ratio of 4.52 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kingray Technology Co and its competitors. This is 46% above median its historical median of 3.10. Over the past decade, Kingray Technology Co's PB Ratio has ranged from 1.25 to 9.41. According to the industry distribution chart, Kingray Technology Co ranks #596 out of 998 companies in the Semiconductors industry, placing it in the top 59.7%.
Is Kingray Technology Co's PB Ratio too high?
Kingray Technology Co's current PB Ratio of 4.52 is 46% above median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 9.41. The Semiconductors industry median PB Ratio is 3.19. Kingray Technology Co's value of 4.52 is 41.7% above this industry median. Based on the distribution chart, Kingray Technology Co ranks #596 out of 998 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Kingray Technology Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kingray Technology Co's PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Kingray Technology Co ranks #596 out of 998 companies for PB Ratio. This places Kingray Technology Co in the lower half of its industry. The industry median PB Ratio is 3.19. Kingray Technology Co's value of 4.52 is 41.7% above this benchmark. Historically, Kingray Technology Co's own PB Ratio has ranged from 1.25 to 9.41 over the past decade. While the company's 10-year median is 3.10 vs. the industry median of 3.19, Kingray 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.19, based on 998 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. Kingray Technology Co's current PB Ratio of 4.52 is 41.7% 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 Kingray Technology Co and its competitors. For the Semiconductors industry, the median PB Ratio is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingray Technology Co's current PB Ratio is 4.52, which is 46% above median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingray Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Kingray Technology Co (ROCO:6787) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$47.18, compared to a current price of NT$32.60 — trading 30.9% below its estimated fair value. The current PB Ratio is 4.52, which is 46% above median its 10-year median of 3.10 and 41.7% above the Semiconductors industry median of 3.19. Kingray Technology Co's overall GF Score™ is 75/100. 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 Kingray Technology Co (ROCO:6787), the current PB Ratio is 4.52 as of Jul. 21, 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 Kingray Technology Co (ROCO:6787) Overvalued in 2026?

Based on GuruFocus' analysis, Kingray Technology Co stock appears to be undervalued. The current stock price of NT$32.60 is trading 30.9% below its estimated GF Value™ of NT$47.18. GuruFocus considers Kingray Technology Co to be Significantly Undervalued.

Key valuation signals for ROCO:6787:

  • PB Ratio: 4.52 (46% above median its 10-year median of 3.10)
  • GF Value™: NT$47.18 vs. price of NT$32.60 (30.9% below fair value)
  • GF Score™: 75/100
  • Industry Position: 41.7% above the Semiconductors median (#596 of 998)

No single metric tells the full story. See the ROCO:6787 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kingray Technology Co Business Description

Address No. 256, Daming Road, Jilinli, Zhudong Town, Hsinchu County, TWN, 31042
Kingray Technology Co Ltd is focused on the business of optical instruments, electronic components and precision equipment manufacturing, and international trade industry, electronic materials wholesale and retail industry, etc.
75GF Score

Get the complete analysis for ROCO:6787

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

NT$32.60
Price
NT$47.18
GF Value