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ROCO:6947'
s PB Ratio Range Over the Past 10 Years
Min: 3.03 Med: 3.45 Max: 4.36
Current: 3.49
During the past 7 years, Techzone Technology Materials Co's highest PB Ratio was 4.36. The lowest was 3.03. And the median was 3.45.
ROCO:6947's PB Ratio is ranked worse than 82.82% of 227
companies
in the Waste Management industry
Industry Median: 1.6
vs ROCO:6947: 3.49
During the past 12 months, Techzone Technology Materials Co's average Book Value Per Share Growth Rate was 0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 34.10% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Techzone Technology Materials Co was 59.40% per year. The lowest was 9.00% per year. And the median was 43.65% per year.
Back to Basics: PB Ratio
Techzone Technology Materials Co (ROCO:6947) 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.
Techzone Technology Materials Co PB Ratio Related Terms
Techzone Technology Materials 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.
For the Waste Management subindustry, Techzone Technology Materials 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.
Techzone Technology Materials Co PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Techzone Technology Materials Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Techzone Technology Materials Co's PB Ratio falls into.
Techzone Technology Materials 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.
Techzone Technology Materials Co (ROCO:6947) has a PB Ratio of 3.49 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 Techzone Technology Materials Co and its competitors. This is near median its historical median of 3.45. Over the past decade, Techzone Technology Materials Co's PB Ratio has ranged from 3.03 to 4.36. According to the industry distribution chart, Techzone Technology Materials Co ranks #188 out of 227 companies in the Waste Management industry, placing it in the top 82.8%.
Is Techzone Technology Materials Co's PB Ratio too high?
Techzone Technology Materials Co's current PB Ratio of 3.49 is near median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 4.36. The Waste Management industry median PB Ratio is 1.60. Techzone Technology Materials Co's value of 3.49 is 118.1% above this industry median. Based on the distribution chart, Techzone Technology Materials Co ranks #188 out of 227 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Techzone Technology Materials Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Techzone Technology Materials Co's PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Techzone Technology Materials Co ranks #188 out of 227 companies for PB Ratio. This places Techzone Technology Materials Co in the lower half of its industry. The industry median PB Ratio is 1.60. Techzone Technology Materials Co's value of 3.49 is 118.1% above this benchmark. Historically, Techzone Technology Materials Co's own PB Ratio has ranged from 3.03 to 4.36 over the past decade. While the company's 10-year median is 3.45 vs. the industry median of 1.60, Techzone Technology Materials Co 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 a Waste Management company?
The median PB Ratio among Waste Management companies is 1.60, based on 227 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. Techzone Technology Materials Co's current PB Ratio of 3.49 is 118.1% 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 Techzone Technology Materials Co and its competitors. For the Waste Management industry, the median PB Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techzone Technology Materials Co's current PB Ratio is 3.49, which is near median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techzone Technology Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Techzone Technology Materials Co (ROCO:6947) is currently considered Possible Value Trap. The stock's GF Value™ is NT$124.65, compared to a current price of NT$81.00 — trading 35% below its estimated fair value. The current PB Ratio is 3.49, which is near median its 10-year median of 3.45 and 118.1% above the Waste Management industry median of 1.60. Techzone Technology Materials Co's overall GF Score™ is 55/100 with 11 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 Techzone Technology Materials Co (ROCO:6947), the current PB Ratio is 3.49 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 Techzone Technology Materials Co (ROCO:6947) Overvalued in 2026?
Based on GuruFocus' analysis, Techzone Technology Materials Co stock appears to be undervalued.
The current stock price of NT$81.00 is trading 35% below its estimated GF Value™ of NT$124.65.
GuruFocus considers Techzone Technology Materials Co to be Possible Value Trap.
Key valuation signals for ROCO:6947:
PB Ratio: 3.49 (near median its 10-year median of 3.45)
GF Value™: NT$124.65 vs. price of NT$81.00 (35% below fair value)
Industry Position: 118.1% above the Waste Management median (#188 of 227)
No single metric tells the full story. See the ROCO:6947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techzone Technology Materials Co Business Description
Techzone Technology Materials Co Ltd provides waste treatment and disposal solutions. The company operates an industrial waste treatment center combining incineration treatment, waste heat recovery, and distillation recycling.
55GF Score
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