Progate Group (ROCO:8227) PB Ratio: 5.14 (As of Jul. 20, 2026) — 23% Below Median

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Director of Data and Quant Analytics at GuruFocus
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ROCO:8227 Progate Group Corp ROCO:8227
85 GF Score
Price NT$148.00
GF Value NT$269.27
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Progate Group PB Ratio?

Progate Group ROCO:8227 -9.20% 85 PB Ratio is 5.14 as of Jul. 20, 2026, which is 23% below its 10-year median of 6.69. GuruFocus rates ROCO:8227 with a GF Score™ of 85/100 and a GF Value™ of NT$269.27 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 998 Semiconductors companies, Progate Group ranks worse than 67.94% 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 (2026-07-20), Progate Group's share price is NT$148.00. Progate Group's Book Value per Share for the quarter that ended in Dec. 2025 was NT$28.81. Hence, Progate Group's PB Ratio of today is 5.14.

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

ROCO:8227' s PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 6.69   Max: 18.98
Current: 5.14

During the past 12 years, Progate Group's highest PB Ratio was 18.98. The lowest was 0.38. And the median was 6.69.

ROCO:8227's PB Ratio is ranked worse than
67.94% of 998 companies
in the Semiconductors industry
Industry Median: 3.225 vs ROCO:8227: 5.14

During the past 12 months, Progate Group's average Book Value Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 32.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.30% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Progate Group was 43.30% per year. The lowest was -3.80% per year. And the median was 2.70% per year.

Back to Basics: PB Ratio


Progate Group  (ROCO:8227) 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.


Progate Group PB Ratio Related Terms


Progate Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Progate Group'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.

Progate Group PB Ratio Chart

Progate Group Annual Data
Trend Dec11 Dec12 Dec13 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.66 4.86 12.53 6.41 5.02

Progate Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only 6.41 4.80 6.15 5.55 5.02

ROCO:8227 vs NVDA, AVGO, MU: PB Ratio Comparison

For the Semiconductors subindustry, Progate Group'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.


Progate Group PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Progate Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Progate Group's PB Ratio falls into.


ROCO:8227
85GF Score
Progate Group Corp ROCO:8227
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Progate Group 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.

Progate Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=148.00/28.805
=5.14

* 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 5.14 mean?
Progate Group (ROCO:8227) has a PB Ratio of 5.14 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Progate Group and its competitors. This is 23% below median its historical median of 6.69. Over the past decade, Progate Group's PB Ratio has ranged from 0.38 to 18.98. According to the industry distribution chart, Progate Group ranks #678 out of 998 companies in the Semiconductors industry, placing it in the top 67.9%.
Is Progate Group's PB Ratio too high?
Progate Group's current PB Ratio of 5.14 is 23% below median its 10-year median of 6.69. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 18.98. The Semiconductors industry median PB Ratio is 3.23. Progate Group's value of 5.14 is 59.4% above this industry median. Based on the distribution chart, Progate Group ranks #678 out of 998 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Progate Group has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Progate Group's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Progate Group ranks #678 out of 998 companies for PB Ratio. This places Progate Group in the lower half of its industry. The industry median PB Ratio is 3.23. Progate Group's value of 5.14 is 59.4% above this benchmark. Historically, Progate Group's own PB Ratio has ranged from 0.38 to 18.98 over the past decade. While the company's 10-year median is 6.69 vs. the industry median of 3.23, Progate Group 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.23, based on 998 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. Progate Group's current PB Ratio of 5.14 is 59.4% 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 Progate Group and its competitors. For the Semiconductors industry, the median PB Ratio is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progate Group's current PB Ratio is 5.14, which is 23% below median its own 10-year median of 6.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progate Group stock overvalued right now?
Based on GuruFocus' analysis, Progate Group (ROCO:8227) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$269.27, compared to a current price of NT$148.00 — trading 45% below its estimated fair value. The current PB Ratio is 5.14, which is 23% below median its 10-year median of 6.69 and 59.4% above the Semiconductors industry median of 3.23. Progate Group's overall GF Score™ is 85/100 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 Progate Group (ROCO:8227), the current PB Ratio is 5.14 as of Jul. 20, 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 Progate Group (ROCO:8227) Overvalued in 2026?

Based on GuruFocus' analysis, Progate Group stock appears to be undervalued. The current stock price of NT$148.00 is trading 45% below its estimated GF Value™ of NT$269.27. GuruFocus considers Progate Group to be Significantly Undervalued.

Key valuation signals for ROCO:8227:

  • PB Ratio: 5.14 (23% below median its 10-year median of 6.69)
  • GF Value™: NT$269.27 vs. price of NT$148.00 (45% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 59.4% above the Semiconductors median (#678 of 998)

No single metric tells the full story. See the ROCO:8227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Progate Group Business Description

Address No.88, Section 1, Neihu Road, 8th Floor, Neihu District, Taipei, TWN, 114
Progate Group Corp is engaged in the development and product design of integrated circuits, the sale and trade of intellectual property, electronic materials, and information software, as well as the wholesale, agency, and import/export trade of related products. Geographically the company operates in Taiwan and China, with majority of the revenue generating from Taiwan.
85GF Score

Get the complete analysis for ROCO:8227

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

NT$148.00
Price
NT$269.27
GF Value