AP Biosciences (ROCO:6945) PB Ratio: 7.54 (As of Jul. 12, 2026)


ROCO:6945 AP Biosciences Inc ROCO:6945
14 GF Score
Price NT$112.00
! 1 Warning Sign
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What is AP Biosciences PB Ratio?

AP Biosciences ROCO:6945 14 PB Ratio is 7.54 as of Jul. 12, 2026. GuruFocus rates ROCO:6945 with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 1,231 Biotechnology companies, AP Biosciences ranks worse than 80.18% 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 (2026-07-12), AP Biosciences's share price is NT$112.00. AP Biosciences's Book Value per Share for the quarter that ended in Dec. 2025 was NT$14.85. Hence, AP Biosciences's PB Ratio of today is 7.54.

The historical rank and industry rank for AP Biosciences's PB Ratio or its related term are showing as below:

ROCO:6945' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.54
Current: 7.54

During the past 6 years, AP Biosciences's highest PB Ratio was 7.54. The lowest was 0.00. And the median was 0.00.

ROCO:6945's PB Ratio is ranked worse than
80.18% of 1231 companies
in the Biotechnology industry
Industry Median: 2.93 vs ROCO:6945: 7.54

During the past 12 months, AP Biosciences's average Book Value Per Share Growth Rate was -22.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 201.00% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of AP Biosciences was 965.90% per year. The lowest was -4.30% per year. And the median was 30.40% per year.

Back to Basics: PB Ratio


AP Biosciences  (ROCO:6945) 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.


AP Biosciences PB Ratio Related Terms


AP Biosciences PB Ratio Historical Data

* Premium members only.

The historical data trend for AP Biosciences'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.

AP Biosciences PB Ratio Chart

AP Biosciences Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 3.85 2.60 11.98

AP Biosciences Quarterly Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 2.60 3.14 7.38 11.98

ROCO:6945 vs VRTX, REGN, ALNY: PB Ratio Comparison

For the Biotechnology subindustry, AP Biosciences'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.


AP Biosciences PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, AP Biosciences's PB Ratio distribution charts can be found below:

* The bar in red indicates where AP Biosciences's PB Ratio falls into.


ROCO:6945
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AP Biosciences Inc ROCO:6945
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AP Biosciences 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.

AP Biosciences's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=112.00/14.854
=7.54

* 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 7.54 mean?
AP Biosciences (ROCO:6945) has a PB Ratio of 7.54 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AP Biosciences and its competitors. According to the industry distribution chart, AP Biosciences ranks #987 out of 1231 companies in the Biotechnology industry, placing it in the top 80.2%.
Is AP Biosciences' PB Ratio too high?
AP Biosciences' current PB Ratio is 7.54. The Biotechnology industry median PB Ratio is 2.93. AP Biosciences' value of 7.54 is 157.3% above this industry median. Based on the distribution chart, AP Biosciences ranks #987 out of 1231 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, AP Biosciences has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does AP Biosciences' PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, AP Biosciences ranks #987 out of 1231 companies for PB Ratio. This places AP Biosciences in the lower half of its industry. The industry median PB Ratio is 2.93. AP Biosciences' value of 7.54 is 157.3% above this benchmark. 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 Biotechnology company?
The median PB Ratio among Biotechnology companies is 2.93, based on 1,231 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. AP Biosciences's current PB Ratio of 7.54 is 157.3% 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 AP Biosciences and its competitors. For the Biotechnology industry, the median PB Ratio is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AP Biosciences's current PB Ratio is 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AP Biosciences stock overvalued right now?
AP Biosciences (ROCO:6945) has a current PB Ratio of 7.54. The current PB Ratio is 7.54 and 157.3% above the Biotechnology industry median of 2.93. AP Biosciences' overall GF Score™ is 14/100 with 1 warning sign 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 AP Biosciences (ROCO:6945), the current PB Ratio is 7.54 as of Jul. 12, 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.

AP Biosciences Business Description

Address No. 3, Park Street, 17th Floor, Taipei, TWN
AP Biosciences Inc is a clinical-stage bispecific antibody new drug research and development company. It has developed a series of antibody and protein lead drugs through a self-designed technology platform for unmet medical needs, focusing on Specific targets associated with diseases to deliver safe, effective and cost-effective medicines.
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NT$112.00
Price