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ROCO:6793's PB Ratio is ranked better than 95.47% of 2981
companies
in the Industrial Products industry
Industry Median: 2.17
vs ROCO:6793: 0.38
During the past 12 months, Tien Li Offshore Wind Technology Co's average Book Value Per Share Growth Rate was -22.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.70% 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 Tien Li Offshore Wind Technology Co was 90.40% per year. The lowest was -7.70% per year. And the median was 1.90% per year.
Back to Basics: PB Ratio
Tien Li Offshore Wind Technology Co (ROCO:6793) 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.
Tien Li Offshore Wind Technology Co PB Ratio Related Terms
Tien Li Offshore Wind Technology Co PB Ratio Historical Data
* 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.
Tien Li Offshore Wind Technology Co PB Ratio Chart
For the Specialty Industrial Machinery subindustry, Tien Li Offshore Wind 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.
Tien Li Offshore Wind Technology Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tien Li Offshore Wind Technology Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tien Li Offshore Wind Technology Co's PB Ratio falls into.
Tien Li Offshore Wind 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.
* 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.
Tien Li Offshore Wind Technology Co (ROCO:6793) has a PB Ratio of 0.38 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 Tien Li Offshore Wind Technology Co and its competitors. This is 84% below median its historical median of 2.39. Over the past decade, Tien Li Offshore Wind Technology Co's PB Ratio has ranged from 0.22 to 44.43. According to the industry distribution chart, Tien Li Offshore Wind Technology Co ranks #135 out of 2981 companies in the Industrial Products industry, placing it in the top 4.5%.
Is Tien Li Offshore Wind Technology Co's PB Ratio too high?
Tien Li Offshore Wind Technology Co's current PB Ratio of 0.38 is 84% below median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 44.43. The Industrial Products industry median PB Ratio is 2.17. Tien Li Offshore Wind Technology Co's value of 0.38 is 82.5% below this industry median. Based on the distribution chart, Tien Li Offshore Wind Technology Co ranks #135 out of 2981 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tien Li Offshore Wind Technology Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tien Li Offshore Wind Technology Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tien Li Offshore Wind Technology Co ranks #135 out of 2981 companies for PB Ratio. This places Tien Li Offshore Wind Technology Co in the top 5% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.17. Tien Li Offshore Wind Technology Co's value of 0.38 is 82.5% below this benchmark. Historically, Tien Li Offshore Wind Technology Co's own PB Ratio has ranged from 0.22 to 44.43 over the past decade. While the company's 10-year median is 2.39 vs. the industry median of 2.17, Tien Li Offshore Wind Technology Co 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.17, based on 2,981 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. Tien Li Offshore Wind Technology Co's current PB Ratio of 0.38 is 82.5% 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 Tien Li Offshore Wind Technology Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tien Li Offshore Wind Technology Co's current PB Ratio is 0.38, which is 84% below median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tien Li Offshore Wind Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Tien Li Offshore Wind Technology Co (ROCO:6793) is currently considered Fairly Valued. The stock's GF Value™ is NT$6.96, compared to a current price of NT$6.30 — trading 9.5% below its estimated fair value. The current PB Ratio is 0.38, which is 84% below median its 10-year median of 2.39 and 82.5% below the Industrial Products industry median of 2.17. Tien Li Offshore Wind Technology Co's overall GF Score™ is 56/100 with 4 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 Tien Li Offshore Wind Technology Co (ROCO:6793), the current PB Ratio is 0.38 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 Tien Li Offshore Wind Technology Co (ROCO:6793) Overvalued in 2026?
Based on GuruFocus' analysis, Tien Li Offshore Wind Technology Co stock appears to be undervalued.
The current stock price of NT$6.30 is trading 9.5% below its estimated GF Value™ of NT$6.96.
GuruFocus considers Tien Li Offshore Wind Technology Co to be Fairly Valued.
Key valuation signals for ROCO:6793:
PB Ratio: 0.38 (84% below median its 10-year median of 2.39)
GF Value™: NT$6.96 vs. price of NT$6.30 (9.5% below fair value)
Industry Position: 82.5% below the Industrial Products median (#135 of 2981)
No single metric tells the full story. See the ROCO:6793 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tien Li Offshore Wind Technology Co Business Description
Tien Li Offshore Wind Technology Co Ltd specializes in the development and production of wind turbine blades, nacelle covers and molds, as well as blade performance improvement and blade maintenance.
56GF Score
Get the complete analysis for ROCO:6793
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