We Can Medicines Co (ROCO:6929) PB Ratio: 0.96 (As of Jul. 15, 2026) — 41% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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ROCO:6929 We Can Medicines Co Ltd ROCO:6929
46 GF Score
Price NT$22.30
GF Value NT$40.73
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is We Can Medicines Co PB Ratio?

We Can Medicines Co ROCO:6929 -0.45% 46 PB Ratio is 0.96 as of Jul. 15, 2026, which is 41% below its 10-year median of 1.62. GuruFocus rates ROCO:6929 with a GF Score™ of 46/100 and a GF Value™ of NT$40.73 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,897 Consumer Packaged Goods companies, We Can Medicines Co ranks better than 64.21% 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 (2026-07-15), We Can Medicines Co's share price is NT$22.30. We Can Medicines Co's Book Value per Share for the quarter that ended in Dec. 2025 was NT$23.26. Hence, We Can Medicines Co's PB Ratio of today is 0.96.

Good Sign:

We Can Medicines Co Ltd stock PB Ratio (=0.97) is close to 5-year low of 0.93.

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

ROCO:6929' s PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.62   Max: 7.86
Current: 0.97

During the past 6 years, We Can Medicines Co's highest PB Ratio was 7.86. The lowest was 0.93. And the median was 1.62.

ROCO:6929's PB Ratio is ranked better than
64.21% of 1897 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs ROCO:6929: 0.97

During the past 12 months, We Can Medicines Co's average Book Value Per Share Growth Rate was -6.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.90% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of We Can Medicines Co was 13.30% per year. The lowest was 5.50% per year. And the median was 8.10% per year.

Back to Basics: PB Ratio


We Can Medicines Co  (ROCO:6929) 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.


We Can Medicines Co PB Ratio Related Terms


We Can Medicines Co PB Ratio Historical Data

* Premium members only.

The historical data trend for We Can Medicines 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.

We Can Medicines Co PB Ratio Chart

We Can Medicines Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 5.29 1.55 1.48

We Can Medicines Co Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only 1.55 1.59 1.39 1.26 1.48

ROCO:6929 vs KHC, GIS: PB Ratio Comparison

For the Packaged Foods subindustry, We Can Medicines 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.


We Can Medicines Co PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, We Can Medicines Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where We Can Medicines Co's PB Ratio falls into.


ROCO:6929
46GF Score
We Can Medicines Co Ltd ROCO:6929
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

We Can Medicines 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.

We Can Medicines Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=22.30/23.264
=0.96

* 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 0.96 mean?
We Can Medicines Co (ROCO:6929) has a PB Ratio of 0.96 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 We Can Medicines Co and its competitors. This is 41% below median its historical median of 1.62. Over the past decade, We Can Medicines Co's PB Ratio has ranged from 0.93 to 7.86. According to the industry distribution chart, We Can Medicines Co ranks #679 out of 1897 companies in the Consumer Packaged Goods industry, placing it in the top 35.8%.
Is We Can Medicines Co's PB Ratio too high?
We Can Medicines Co's current PB Ratio of 0.96 is 41% below median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 7.86. The Consumer Packaged Goods industry median PB Ratio is 1.35. We Can Medicines Co's value of 0.96 is 28.9% below this industry median. Based on the distribution chart, We Can Medicines Co ranks #679 out of 1897 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, We Can Medicines Co has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does We Can Medicines Co's PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, We Can Medicines Co ranks #679 out of 1897 companies for PB Ratio. This puts We Can Medicines Co in the upper half of its industry. The industry median PB Ratio is 1.35. We Can Medicines Co's value of 0.96 is 28.9% below this benchmark. Historically, We Can Medicines Co's own PB Ratio has ranged from 0.93 to 7.86 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 1.35, We Can Medicines 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 a Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.35, based on 1,897 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. We Can Medicines Co's current PB Ratio of 0.96 is 28.9% 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 We Can Medicines Co and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. We Can Medicines Co's current PB Ratio is 0.96, which is 41% below median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is We Can Medicines Co stock overvalued right now?
Based on GuruFocus' analysis, We Can Medicines Co (ROCO:6929) is currently considered Possible Value Trap. The stock's GF Value™ is NT$40.73, compared to a current price of NT$22.30 — trading 45.2% below its estimated fair value. The current PB Ratio is 0.96, which is 41% below median its 10-year median of 1.62 and 28.9% below the Consumer Packaged Goods industry median of 1.35. We Can Medicines Co's overall GF Score™ is 46/100 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 We Can Medicines Co (ROCO:6929), the current PB Ratio is 0.96 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 We Can Medicines Co (ROCO:6929) Overvalued in 2026?

Based on GuruFocus' analysis, We Can Medicines Co stock appears to be undervalued. The current stock price of NT$22.30 is trading 45.2% below its estimated GF Value™ of NT$40.73. GuruFocus considers We Can Medicines Co to be Possible Value Trap.

Key valuation signals for ROCO:6929:

  • PB Ratio: 0.96 (41% below median its 10-year median of 1.62)
  • GF Value™: NT$40.73 vs. price of NT$22.30 (45.2% below fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 28.9% below the Consumer Packaged Goods median (#679 of 1897)

No single metric tells the full story. See the ROCO:6929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


We Can Medicines Co Business Description

Address Section 4, Taiwan Avenue, 20th Floor-1, No. 925, Xitun District, Taichung, TWN
We Can Medicines Co Ltd is a Taiwan-based company mainly engaged in the operation of chain cosmeceutical drugstores. The Company's main products include pharmaceuticals and health food, maternity and infant products, medical supplies, beauty cosmetics, and daily necessities.
46GF Score

Get the complete analysis for ROCO:6929

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

NT$22.30
Price
NT$40.73
GF Value