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Game Hours (ROCO:6626) PB Ratio : 3.78 (As of May. 25, 2024)


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What is Game Hours PB Ratio?

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 (2024-05-25), Game Hours's share price is NT$10.15. Game Hours's Book Value per Share for the quarter that ended in Dec. 2023 was NT$2.69. Hence, Game Hours's PB Ratio of today is 3.78.

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

ROCO:6626' s PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.87   Max: 4.84
Current: 3.78

During the past 11 years, Game Hours's highest PB Ratio was 4.84. The lowest was 0.76. And the median was 1.87.

ROCO:6626's PB Ratio is ranked worse than
75.28% of 542 companies
in the Interactive Media industry
Industry Median: 1.9 vs ROCO:6626: 3.78

During the past 12 months, Game Hours's average Book Value Per Share Growth Rate was -53.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -40.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -33.30% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Game Hours was -4.90% per year. The lowest was -40.80% per year. And the median was -17.15% per year.

Back to Basics: PB Ratio


Game Hours PB Ratio Historical Data

The historical data trend for Game Hours'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.

* Premium members only.

Game Hours PB Ratio Chart

Game Hours Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 1.54 1.26 2.31 4.39

Game Hours Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.26 1.06 2.31 5.43 4.39

Competitive Comparison of Game Hours's PB Ratio

For the Electronic Gaming & Multimedia subindustry, Game Hours'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.


Game Hours's PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Game Hours's PB Ratio distribution charts can be found below:

* The bar in red indicates where Game Hours's PB Ratio falls into.



Game Hours 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.

Game Hours's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=10.15/2.688
=3.78

* 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.


Game Hours  (ROCO:6626) 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.


Game Hours PB Ratio Related Terms

Thank you for viewing the detailed overview of Game Hours's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Game Hours (ROCO:6626) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, 189 Yanping South Road, Zhongzheng District, Taipei, TWN, 100
Game Hours Inc, formerly WeGames Corp is a Taiwan based company involved in the development of mobile games. It specializes in the card, arpg, social, and growing games. Some of the games offered by the company include Time to kill, RO. Eternal Love, Ragnarok Web, Game of Power and Academy of War.

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