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Apex Material Technology Corp stock PB Ratio (=1.22) is close to 5-year low of 1.13.
The historical rank and industry rank for Apex Material Technology's PB Ratio or its related term are showing as below:
ROCO:6899'
s PB Ratio Range Over the Past 10 Years
Min: 1.13 Med: 1.26 Max: 2.11
Current: 1.18
During the past 7 years, Apex Material Technology's highest PB Ratio was 2.11. The lowest was 1.13. And the median was 1.26.
ROCO:6899's PB Ratio is ranked better than 74.95% of 2419
companies
in the Hardware industry
Industry Median: 2.27
vs ROCO:6899: 1.18
During the past 12 months, Apex Material Technology's average Book Value Per Share Growth Rate was 2.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Apex Material Technology was 5.00% per year. The lowest was 0.30% per year. And the median was 3.90% per year.
Back to Basics: PB Ratio
Apex Material Technology (ROCO:6899) 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 Electronic Components subindustry, Apex Material 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.
Apex Material Technology PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Apex Material Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Apex Material 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.
Apex Material Technology (ROCO:6899) has a PB Ratio of 1.17 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 Apex Material Technology and its competitors. This is near median its historical median of 1.26. Over the past decade, Apex Material Technology's PB Ratio has ranged from 1.13 to 2.11. According to the industry distribution chart, Apex Material Technology ranks #606 out of 2419 companies in the Hardware industry, placing it in the top 25.1%.
Is Apex Material Technology's PB Ratio too high?
Apex Material Technology's current PB Ratio of 1.17 is near median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 2.11. The Hardware industry median PB Ratio is 2.27. Apex Material Technology's value of 1.17 is 48.5% below this industry median. Based on the distribution chart, Apex Material Technology ranks #606 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, Apex Material Technology has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apex Material Technology's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Apex Material Technology ranks #606 out of 2419 companies for PB Ratio. This puts Apex Material Technology in the upper half of its industry. The industry median PB Ratio is 2.27. Apex Material Technology's value of 1.17 is 48.5% below this benchmark. Historically, Apex Material Technology's own PB Ratio has ranged from 1.13 to 2.11 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 2.27, Apex Material Technology 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 a Hardware company?
The median PB Ratio among Hardware companies is 2.27, based on 2,419 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. Apex Material Technology's current PB Ratio of 1.17 is 48.5% 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 Apex Material Technology and its competitors. For the Hardware industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Material Technology's current PB Ratio is 1.17, which is near median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Material Technology stock overvalued right now?
Based on GuruFocus' analysis, Apex Material Technology (ROCO:6899) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$60.20, compared to a current price of NT$52.60 — trading 12.6% below its estimated fair value. The current PB Ratio is 1.17, which is near median its 10-year median of 1.26 and 48.5% below the Hardware industry median of 2.27. Apex Material Technology's overall GF Score™ is 65/100 with 3 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 Apex Material Technology (ROCO:6899), the current PB Ratio is 1.17 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 Apex Material Technology (ROCO:6899) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Material Technology stock appears to be undervalued.
The current stock price of NT$52.60 is trading 12.6% below its estimated GF Value™ of NT$60.20.
GuruFocus considers Apex Material Technology to be Modestly Undervalued.
Key valuation signals for ROCO:6899:
PB Ratio: 1.17 (near median its 10-year median of 1.26)
GF Value™: NT$60.20 vs. price of NT$52.60 (12.6% below fair value)
Industry Position: 48.5% below the Hardware median (#606 of 2419)
No single metric tells the full story. See the ROCO:6899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Material Technology Corp manufactures resistive and projected capacitive (PCAP) touch screens, and PenMount touch screen controllers for the industrial, medical, and commercial sectors. Its product offerings comprise open frame touch screen monitor, optical bonding service, solutions for touch screen display, projected capacitive touch screen, and resistive touch screen.
65GF Score
Get the complete analysis for ROCO:6899
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