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Tze Shin International Co (TPE:2611) Price-to-Tangible-Book : 2.00 (As of May. 16, 2024)


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What is Tze Shin International Co Price-to-Tangible-Book?

As of today (2024-05-16), Tze Shin International Co's share price is NT$29.75. Tze Shin International Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$14.87. Hence, Tze Shin International Co's Price to Tangible Book Ratio of today is 2.00.

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

TPE:2611' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.52   Med: 0.72   Max: 2.58
Current: 2

During the past 13 years, Tze Shin International Co's highest Price to Tangible Book Ratio was 2.58. The lowest was 0.52. And the median was 0.72.

TPE:2611's Price-to-Tangible-Book is ranked worse than
68.42% of 877 companies
in the Transportation industry
Industry Median: 1.43 vs TPE:2611: 2.00

A closely related ratio is called PB Ratio. As of today, Tze Shin International Co's share price is NT$29.75. Tze Shin International Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$17.49. Hence, Tze Shin International Co's P/B Ratio of today is 1.70.


Tze Shin International Co Price-to-Tangible-Book Historical Data

The historical data trend for Tze Shin International 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.

Tze Shin International Co Price-to-Tangible-Book Chart

Tze Shin International 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 0.63 1.00 1.34 1.24 1.25

Tze Shin International 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 1.28 1.22 1.08 1.25 1.59

Competitive Comparison of Tze Shin International Co's Price-to-Tangible-Book

For the Marine Shipping subindustry, Tze Shin International 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.


Tze Shin International Co's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tze Shin International Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tze Shin International Co's Price-to-Tangible-Book falls into.



Tze Shin International Co Price-to-Tangible-Book Calculation

Tze Shin International 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 )
=29.75/14.871
=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.


Tze Shin International Co Price-to-Tangible-Book Related Terms

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


Tze Shin International Co (TPE:2611) Business Description

Traded in Other Exchanges
N/A
Address
Lane. 294, Shijian Road, Baifu Village, 1st Floor, No. 16, Qidu District, Keelung, TWN, 104
Tze Shin International Co Ltd operates in the shipping and ports industry. It firm offers long-distance container transshipment; Shipside transportation operations; container haulage; truck freight: transportation of chemicals, gasoline, and diesel tanks, lease of containers, racks, and equipment; and bulk goods; and entrust of construction companies to build commercial, industrial buildings, and public housing for sale and leasing.

Tze Shin International Co (TPE:2611) Headlines

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