Hsin Tai GasROCO:8917 -2.41%91 PB Ratio is 3.14 as of Jul. 02, 2026, which is 12% below its 10-year median of 3.57. GuruFocus rates ROCO:8917 with a GF Score™ of 91/100 and a GF Value™ of NT$75.74 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 501 Utilities - Regulated companies, Hsin Tai Gas ranks worse than 88.62% 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 (2026-07-02), Hsin Tai Gas's share price is NT$52.70. Hsin Tai Gas's Book Value per Share for the quarter that ended in Dec. 2025 was NT$16.80. Hence, Hsin Tai Gas's PB Ratio of today is 3.14.
Good Sign:
Hsin Tai Gas Corp stock PB Ratio (=3.11) is close to 5-year low of 3.09.
The historical rank and industry rank for Hsin Tai Gas's PB Ratio or its related term are showing as below:
ROCO:8917'
s PB Ratio Range Over the Past 10 Years
Min: 2.77 Med: 3.57 Max: 5.97
Current: 3.14
During the past 13 years, Hsin Tai Gas's highest PB Ratio was 5.97. The lowest was 2.77. And the median was 3.57.
ROCO:8917's PB Ratio is ranked worse than 88.62% of 501
companies
in the Utilities - Regulated industry
Industry Median: 1.42
vs ROCO:8917: 3.14
During the past 12 months, Hsin Tai Gas's average Book Value Per Share Growth Rate was 0.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hsin Tai Gas was 8.50% per year. The lowest was 0.10% per year. And the median was 3.50% per year.
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.
Hsin Tai Gas PB Ratio Related Terms
Hsin Tai Gas PB Ratio Historical Data
* Premium members only.
The historical data trend for Hsin Tai Gas'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.
For the Utilities - Regulated Gas subindustry, Hsin Tai Gas'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.
Hsin Tai Gas PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hsin Tai Gas's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hsin Tai Gas'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.
Hsin Tai Gas's PB Ratio for today is calculated as follows:
* 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.
Hsin Tai Gas (ROCO:8917) has a PB Ratio of 3.14 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hsin Tai Gas and its competitors. This is 12% below median its historical median of 3.57. Over the past decade, Hsin Tai Gas' PB Ratio has ranged from 2.77 to 5.97. According to the industry distribution chart, Hsin Tai Gas ranks #444 out of 501 companies in the Utilities - Regulated industry, placing it in the top 88.6%.
Is Hsin Tai Gas' PB Ratio too high?
Hsin Tai Gas' current PB Ratio of 3.14 is 12% below median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 5.97. The Utilities - Regulated industry median PB Ratio is 1.42. Hsin Tai Gas' value of 3.14 is 121.1% above this industry median. Based on the distribution chart, Hsin Tai Gas ranks #444 out of 501 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Hsin Tai Gas has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsin Tai Gas' PB Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hsin Tai Gas ranks #444 out of 501 companies for PB Ratio. This places Hsin Tai Gas in the lower half of its industry. The industry median PB Ratio is 1.42. Hsin Tai Gas' value of 3.14 is 121.1% above this benchmark. Historically, Hsin Tai Gas' own PB Ratio has ranged from 2.77 to 5.97 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 1.42, Hsin Tai Gas 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 an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.42, based on 501 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. Hsin Tai Gas's current PB Ratio of 3.14 is 121.1% 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 Hsin Tai Gas and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin Tai Gas's current PB Ratio is 3.14, which is 12% below median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin Tai Gas stock overvalued right now?
Based on GuruFocus' analysis, Hsin Tai Gas (ROCO:8917) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$75.74, compared to a current price of NT$52.70 — trading 30.4% below its estimated fair value. The current PB Ratio is 3.14, which is 12% below median its 10-year median of 3.57 and 121.1% above the Utilities - Regulated industry median of 1.42. Hsin Tai Gas' overall GF Score™ is 91/100 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 Hsin Tai Gas (ROCO:8917), the current PB Ratio is 3.14 as of Jul. 02, 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 Hsin Tai Gas (ROCO:8917) Overvalued in 2026?
Based on GuruFocus' analysis, Hsin Tai Gas stock appears to be undervalued.
The current stock price of NT$52.70 is trading 30.4% below its estimated GF Value™ of NT$75.74.
GuruFocus considers Hsin Tai Gas to be Significantly Undervalued.
Key valuation signals for ROCO:8917:
PB Ratio: 3.14 (12% below median its 10-year median of 3.57)
GF Value™: NT$75.74 vs. price of NT$52.70 (30.4% below fair value)
Industry Position: 121.1% above the Utilities - Regulated median (#444 of 501)
No single metric tells the full story. See the ROCO:8917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsin Tai Gas Corp is engaged in natural gas supply, natural gas transmission system construction, sale and installation of gas meters, and office building rental business. The company provides natural gas mainly to families, government organizations, and other areas. It operates its business mainly in New Taipei City. Its segments include: Gas Sales Segment; Equipment Segment; and Others, of which Gas Sales Segment derives maximum revenue.
91GF Score
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