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Wave Power TechnologyROCO:6895 +1.58%65 PB Ratio is 4.12 as of Jul. 15, 2026, which is 31% below its 10-year median of 5.97. GuruFocus rates ROCO:6895 with a GF Score™ of 65/100 and a GF Value™ of NT$301.21 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,981 Industrial Products companies, Wave Power Technology ranks worse than 73.6% on this metric.
Wave Power Technology Inc stock PB Ratio (=4.42) is close to 1-year low of 4.42.
The historical rank and industry rank for Wave Power Technology's PB Ratio or its related term are showing as below:
ROCO:6895'
s PB Ratio Range Over the Past 10 Years
Min: 3.37 Med: 5.97 Max: 11.61
Current: 4.11
During the past 8 years, Wave Power Technology's highest PB Ratio was 11.61. The lowest was 3.37. And the median was 5.97.
ROCO:6895's PB Ratio is ranked worse than 73.6% of 2981
companies
in the Industrial Products industry
Industry Median: 2.17
vs ROCO:6895: 4.11
During the past 12 months, Wave Power Technology's average Book Value Per Share Growth Rate was 4.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.50% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Wave Power Technology was 45.60% per year. The lowest was 15.30% per year. And the median was 16.85% per year.
Back to Basics: PB Ratio
Wave Power Technology (ROCO:6895) 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 Electrical Equipment & Parts subindustry, Wave Power Technology'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.
Wave Power Technology PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Wave Power Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Wave Power Technology'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.
Wave Power Technology (ROCO:6895) has a PB Ratio of 4.12 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 Wave Power Technology and its competitors. This is 31% below median its historical median of 5.97. Over the past decade, Wave Power Technology's PB Ratio has ranged from 3.37 to 11.61. According to the industry distribution chart, Wave Power Technology ranks #2194 out of 2981 companies in the Industrial Products industry, placing it in the top 73.6%.
Is Wave Power Technology's PB Ratio too high?
Wave Power Technology's current PB Ratio of 4.12 is 31% below median its 10-year median of 5.97. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 11.61. The Industrial Products industry median PB Ratio is 2.17. Wave Power Technology's value of 4.12 is 89.9% above this industry median. Based on the distribution chart, Wave Power Technology ranks #2194 out of 2981 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Wave Power Technology has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wave Power Technology's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Wave Power Technology ranks #2194 out of 2981 companies for PB Ratio. This places Wave Power Technology in the lower half of its industry. The industry median PB Ratio is 2.17. Wave Power Technology's value of 4.12 is 89.9% above this benchmark. Historically, Wave Power Technology's own PB Ratio has ranged from 3.37 to 11.61 over the past decade. While the company's 10-year median is 5.97 vs. the industry median of 2.17, Wave Power Technology 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 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. Wave Power Technology's current PB Ratio of 4.12 is 89.9% 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 Wave Power Technology 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. Wave Power Technology's current PB Ratio is 4.12, which is 31% below median its own 10-year median of 5.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Power Technology stock overvalued right now?
Based on GuruFocus' analysis, Wave Power Technology (ROCO:6895) is currently considered Possible Value Trap. The stock's GF Value™ is NT$301.21, compared to a current price of NT$128.50 — trading 57.3% below its estimated fair value. The current PB Ratio is 4.12, which is 31% below median its 10-year median of 5.97 and 89.9% above the Industrial Products industry median of 2.17. Wave Power Technology's overall GF Score™ is 65/100 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 Wave Power Technology (ROCO:6895), the current PB Ratio is 4.12 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 Wave Power Technology (ROCO:6895) Overvalued in 2026?
Based on GuruFocus' analysis, Wave Power Technology stock appears to be undervalued.
The current stock price of NT$128.50 is trading 57.3% below its estimated GF Value™ of NT$301.21.
GuruFocus considers Wave Power Technology to be Possible Value Trap.
Key valuation signals for ROCO:6895:
PB Ratio: 4.12 (31% below median its 10-year median of 5.97)
GF Value™: NT$301.21 vs. price of NT$128.50 (57.3% below fair value)
Industry Position: 89.9% above the Industrial Products median (#2194 of 2981)
No single metric tells the full story. See the ROCO:6895 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wave Power Technology Inc manufactures and distributes electrical power equipment. Its products are based on proprietary 4-H technology associated with high power, frequency, voltage, and vacuum. Its product portfolio comprises of Microwave Generator, Industrial Magnetron, Variable Capacitor, Feedthrough, Vacuum View Port, High-voltage Break-off Section, Magnet, Heater, and Hermetic Sealing.
65GF Score
Get the complete analysis for ROCO:6895
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