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Yieh United Steel (ROCO:9957) Price-to-Tangible-Book : 0.84 (As of May. 13, 2024)


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What is Yieh United Steel Price-to-Tangible-Book?

As of today (2024-05-13), Yieh United Steel's share price is NT$6.47. Yieh United Steel's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$7.66. Hence, Yieh United Steel's Price to Tangible Book Ratio of today is 0.84.

The historical rank and industry rank for Yieh United Steel's Price-to-Tangible-Book or its related term are showing as below:

ROCO:9957' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 0.97   Max: 1.58
Current: 0.84

During the past 13 years, Yieh United Steel's highest Price to Tangible Book Ratio was 1.58. The lowest was 0.84. And the median was 0.97.

ROCO:9957's Price-to-Tangible-Book is ranked better than
61.3% of 602 companies
in the Steel industry
Industry Median: 1.04 vs ROCO:9957: 0.84

A closely related ratio is called PB Ratio. As of today, Yieh United Steel's share price is NT$6.47. Yieh United Steel's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$7.66. Hence, Yieh United Steel's P/B Ratio of today is 0.84.


Yieh United Steel Price-to-Tangible-Book Historical Data

The historical data trend for Yieh United Steel'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.

Yieh United Steel Price-to-Tangible-Book Chart

Yieh United Steel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.58 1.31 0.91 0.96

Yieh United Steel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.31 1.06 0.91 1.14 0.96

Competitive Comparison of Yieh United Steel's Price-to-Tangible-Book

For the Steel subindustry, Yieh United Steel'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.


Yieh United Steel's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yieh United Steel's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Yieh United Steel's Price-to-Tangible-Book falls into.



Yieh United Steel Price-to-Tangible-Book Calculation

Yieh United Steel's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=6.47/7.659
=0.84

* 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.


Yieh United Steel Price-to-Tangible-Book Related Terms

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


Yieh United Steel (ROCO:9957) Business Description

Traded in Other Exchanges
N/A
Address
No.600, Xinglong St., Jiaxing Vil, Gangshan District, Kaohsiung, TWN, 82057
Yieh United Steel Corp operates as a steel manufacturer. The products of the company include stainless steel small steel embryo, cold rolled steel coil, stainless steel hot-rolled steel sheet, stainless steel hot rolled black steel coil, carbon steel small steel embryo, and carbon steel hot rolled crude steel coil.

Yieh United Steel (ROCO:9957) Headlines

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