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Formosa Taffeta Co (TPE:1434) Book Value per Share : NT$32.31 (As of Dec. 2023)


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What is Formosa Taffeta Co Book Value per Share?

Formosa Taffeta Co's book value per share for the quarter that ended in Dec. 2023 was NT$32.31.

During the past 12 months, Formosa Taffeta Co's average Book Value Per Share Growth Rate was -2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Formosa Taffeta Co was 12.30% per year. The lowest was -4.60% per year. And the median was -1.30% per year.

Formosa Taffeta Co's current price is NT$23.10. Its book value per share for the quarter that ended in Dec. 2023 was NT$32.31. Hence, today's PB Ratio of Formosa Taffeta Co is 0.72.

During the past 13 years, the highest P/B Ratio of Formosa Taffeta Co was 1.29. The lowest was 0.66. And the median was 0.85.

Good Sign:

Formosa Taffeta Co Ltd stock PB Ratio (=0.7) is close to 10-year low of 0.66


Formosa Taffeta Co Book Value per Share Historical Data

The historical data trend for Formosa Taffeta Co's Book Value per Share 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.

Formosa Taffeta Co Book Value per Share Chart

Formosa Taffeta Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.17 36.54 37.00 33.15 32.31

Formosa Taffeta Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share 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 33.15 32.89 32.96 32.44 32.31

Competitive Comparison of Formosa Taffeta Co's Book Value per Share

For the Textile Manufacturing subindustry, Formosa Taffeta Co'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.


Formosa Taffeta Co's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Formosa Taffeta Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Formosa Taffeta Co's PB Ratio falls into.



Formosa Taffeta Co Book Value per Share Calculation

Formosa Taffeta Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(54,352-0)/1,682
=32.30

Formosa Taffeta Co's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(54,352-0)/1,682
=32.30

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Formosa Taffeta Co  (TPE:1434) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Formosa Taffeta Co Book Value per Share Related Terms

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Formosa Taffeta Co (TPE:1434) Business Description

Traded in Other Exchanges
N/A
Address
317, Shuliou RD, Touliou, TWN, 640
Formosa Taffeta Co Ltd is a Taiwan-based company that is principally involved in the textile industry. The company's business segments include first business segment, which is primarily involved in production and sale of woven, dyeing & finishing products, and management of overseas subsidiaries' plants; the cord fabric segment, which primarily produces and offers tire cords; the gasoline segment, which offers gasoline and car washing, and Other segment. The first business segment and the cord fabric segment jointly contribute more than half of the company's total revenue.

Formosa Taffeta Co (TPE:1434) Headlines

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