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Chiu Ting Machinery Co (TPE:1539) Price-to-Tangible-Book : 0.96 (As of Jun. 05, 2024)


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What is Chiu Ting Machinery Co Price-to-Tangible-Book?

As of today (2024-06-05), Chiu Ting Machinery Co's share price is NT$23.75. Chiu Ting Machinery Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$24.83. Hence, Chiu Ting Machinery Co's Price to Tangible Book Ratio of today is 0.96.

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

TPE:1539' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66   Med: 1.2   Max: 3.13
Current: 0.96

During the past 13 years, Chiu Ting Machinery Co's highest Price to Tangible Book Ratio was 3.13. The lowest was 0.66. And the median was 1.20.

TPE:1539's Price-to-Tangible-Book is ranked better than
81.54% of 2823 companies
in the Industrial Products industry
Industry Median: 2.03 vs TPE:1539: 0.96

A closely related ratio is called PB Ratio. As of today, Chiu Ting Machinery Co's share price is NT$23.75. Chiu Ting Machinery Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$24.85. Hence, Chiu Ting Machinery Co's P/B Ratio of today is 0.96.


Chiu Ting Machinery Co Price-to-Tangible-Book Historical Data

The historical data trend for Chiu Ting Machinery 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.

Chiu Ting Machinery Co Price-to-Tangible-Book Chart

Chiu Ting Machinery Co 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 0.99 1.02 1.07 1.11 1.01

Chiu Ting Machinery 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 1.25 1.21 0.98 1.01 0.99

Competitive Comparison of Chiu Ting Machinery Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Chiu Ting Machinery 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.


Chiu Ting Machinery Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Chiu Ting Machinery Co's Price-to-Tangible-Book falls into.



Chiu Ting Machinery Co Price-to-Tangible-Book Calculation

Chiu Ting Machinery 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 )
=23.75/24.834
=0.96

* 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.


Chiu Ting Machinery Co Price-to-Tangible-Book Related Terms

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


Chiu Ting Machinery Co (TPE:1539) Business Description

Traded in Other Exchanges
N/A
Address
No.78, Yongfeng Road, Taiping District, Taichung, TWN, 411032
Chiu Ting Machinery Co Ltd engages in the manufacture and sales of planers, jointers, table saws, shapers, wood lathes, woodworking machinery parts, and power tools. The products offered by the company include benchtop table saw, parallelogram jointer series, and minimized snipe planar series.

Chiu Ting Machinery Co (TPE:1539) Headlines

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