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Speed Tech (ROCO:5457) Price-to-Tangible-Book : 3.22 (As of May. 14, 2024)


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What is Speed Tech Price-to-Tangible-Book?

As of today (2024-05-14), Speed Tech's share price is NT$62.50. Speed Tech's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$19.43. Hence, Speed Tech's Price to Tangible Book Ratio of today is 3.22.

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

ROCO:5457' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.36   Med: 3.98   Max: 6.84
Current: 3.22

During the past 13 years, Speed Tech's highest Price to Tangible Book Ratio was 6.84. The lowest was 2.36. And the median was 3.98.

ROCO:5457's Price-to-Tangible-Book is ranked worse than
70.92% of 2304 companies
in the Hardware industry
Industry Median: 2.05 vs ROCO:5457: 3.22

A closely related ratio is called PB Ratio. As of today, Speed Tech's share price is NT$62.50. Speed Tech's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$23.79. Hence, Speed Tech's P/B Ratio of today is 2.63.


Speed Tech Price-to-Tangible-Book Historical Data

The historical data trend for Speed Tech'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.

Speed Tech Price-to-Tangible-Book Chart

Speed Tech 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 6.84 5.44 4.89 2.40 3.00

Speed Tech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.40 2.85 2.96 2.64 3.00

Competitive Comparison of Speed Tech's Price-to-Tangible-Book

For the Electronic Components subindustry, Speed Tech'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.


Speed Tech's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Speed Tech's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Speed Tech's Price-to-Tangible-Book falls into.



Speed Tech Price-to-Tangible-Book Calculation

Speed Tech's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=62.50/19.432
=3.22

* 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.


Speed Tech Price-to-Tangible-Book Related Terms

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


Speed Tech (ROCO:5457) Business Description

Traded in Other Exchanges
N/A
Address
No.568, Sec.1, Ming-Sheng North Road, Guishan District, Taoyuan City, TWN
Speed Tech Corp is a company that manufactures electronic connectors for various computers, related control buttons, key components, mechanical design, processing, manufacturing, and sale of various precision molds, jigs, plastic molding products, and electronic, and communication products. The company earns maximum revenue from the connectors department. The company operates in China, Hong Kong, Taiwan, and others.

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