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Value Valves Co (ROCO:4580) Price-to-Tangible-Book : 2.00 (As of May. 16, 2024)


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What is Value Valves Co Price-to-Tangible-Book?

As of today (2024-05-16), Value Valves Co's share price is NT$102.50. Value Valves Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$51.35. Hence, Value Valves Co's Price to Tangible Book Ratio of today is 2.00.

The historical rank and industry rank for Value Valves Co's Price-to-Tangible-Book or its related term are showing as below:

ROCO:4580' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.61   Med: 2.31   Max: 3.45
Current: 1.97

During the past 9 years, Value Valves Co's highest Price to Tangible Book Ratio was 3.45. The lowest was 1.61. And the median was 2.31.

ROCO:4580's Price-to-Tangible-Book is ranked better than
55.1% of 2831 companies
in the Industrial Products industry
Industry Median: 2.12 vs ROCO:4580: 1.97

A closely related ratio is called PB Ratio. As of today, Value Valves Co's share price is NT$102.50. Value Valves Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$51.41. Hence, Value Valves Co's P/B Ratio of today is 1.99.


Value Valves Co Price-to-Tangible-Book Historical Data

The historical data trend for Value Valves Co's Price-to-Tangible-Book 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.

Value Valves Co Price-to-Tangible-Book Chart

Value Valves Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 3.45 2.54 2.08 1.61 1.77

Value Valves Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 1.75 2.04 1.78 1.77 1.88

Competitive Comparison of Value Valves Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Value Valves Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Value Valves Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Value Valves Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Value Valves Co's Price-to-Tangible-Book falls into.



Value Valves Co Price-to-Tangible-Book Calculation

Value Valves Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=102.50/51.353
=2.00

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Value Valves Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Value Valves Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Value Valves Co (ROCO:4580) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Chung-Shan Road, Tu-Chung Industrial District, New Taipei City, TWN, 236
Value Valves Co Ltd is a Taiwan based company engaged in the development, design, manufacture, inspection and marketing of a different variety of valves. Its product offerings include butterfly valves, check valves, damper valves, ball valves, globe valves, gate valves, gear box control, pneumatic control, hydraulic control, electric control and customized valves. The company exports its products to the United States, Japan, Europe, Oceania and other advanced industrial and regions. Its products are widely used in petroleum and petrochemical products, steel, shipbuilding, energy. water treatment, paper, air-conditioning, electronic and other industrial fields.

Value Valves Co (ROCO:4580) Headlines

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