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Triocean Industrial Co (TPE:1472) Price-to-Tangible-Book : 3.49 (As of Apr. 30, 2024)


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What is Triocean Industrial Co Price-to-Tangible-Book?

As of today (2024-04-30), Triocean Industrial Co's share price is NT$80.80. Triocean Industrial Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$23.14. Hence, Triocean Industrial Co's Price to Tangible Book Ratio of today is 3.49.

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

TPE:1472' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.66   Med: 2.79   Max: 5.03
Current: 3.49

During the past 13 years, Triocean Industrial Co's highest Price to Tangible Book Ratio was 5.03. The lowest was 1.66. And the median was 2.79.

TPE:1472's Price-to-Tangible-Book is ranked worse than
81.82% of 990 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.335 vs TPE:1472: 3.49

A closely related ratio is called PB Ratio. As of today, Triocean Industrial Co's share price is NT$80.80. Triocean Industrial Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$33.50. Hence, Triocean Industrial Co's P/B Ratio of today is 2.41.


Triocean Industrial Co Price-to-Tangible-Book Historical Data

The historical data trend for Triocean Industrial 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.

Triocean Industrial Co Price-to-Tangible-Book Chart

Triocean Industrial 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 3.55 - 2.79 1.66 2.66

Triocean Industrial Co 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 1.66 2.41 2.82 1.91 2.66

Competitive Comparison of Triocean Industrial Co's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, Triocean Industrial 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.


Triocean Industrial Co's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Triocean Industrial Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Triocean Industrial Co's Price-to-Tangible-Book falls into.



Triocean Industrial Co Price-to-Tangible-Book Calculation

Triocean Industrial Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=80.80/23.144
=3.49

* 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.


Triocean Industrial Co Price-to-Tangible-Book Related Terms

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


Triocean Industrial Co (TPE:1472) Business Description

Traded in Other Exchanges
N/A
Address
No. 360, Jiabao Road, 3rd Floor, Dashe District, Kaohsiung, TWN, 802
Triocean Industrial Corp Co Ltd, formerly Tri Ocean Textile Co Ltd is a Taiwan-based company that operates in the textile manufacturing industry. It is engaged in producing polypropylene filament yarns and fabrics.

Triocean Industrial Co (TPE:1472) Headlines

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