GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Asia Optical Co Inc (TPE:3019) » Definitions » Price-to-Tangible-Book

Asia Optical Co (TPE:3019) Price-to-Tangible-Book

: 1.39 (As of Today)
View and export this data going back to 2002. Start your Free Trial

As of today (2024-04-19), Asia Optical Co's share price is NT$62.00. Asia Optical Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$44.68. Hence, Asia Optical Co's Price to Tangible Book Ratio of today is 1.39.

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

TPE:3019' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.73   Med: 1.58   Max: 2.59
Current: 1.39

During the past 13 years, Asia Optical Co's highest Price to Tangible Book Ratio was 2.59. The lowest was 0.73. And the median was 1.58.

TPE:3019's Price-to-Tangible-Book is ranked better than
66.03% of 2302 companies
in the Hardware industry
Industry Median: 1.97 vs TPE:3019: 1.39

A closely related ratio is called PB Ratio. As of today, Asia Optical Co's share price is NT$62.00. Asia Optical Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$44.97. Hence, Asia Optical Co's P/B Ratio of today is 1.38.


Asia Optical Co Price-to-Tangible-Book Historical Data

The historical data trend for Asia Optical 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 2.59 [6] => 1.86 [7] => 2.19 [8] => 1.38 [9] => 1.57 )
Asia Optical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.59 1.86 2.19 1.38 1.57

Asia Optical 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 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 Premium Member Only Premium Member Only Premium Member Only 1.38 1.57 1.48 1.37 1.57

Competitive Comparison

For the Electronic Components subindustry, Asia Optical 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.


Asia Optical Co Price-to-Tangible-Book Distribution

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

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



Asia Optical Co Price-to-Tangible-Book Calculation

Asia Optical 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 )
=62.00/44.683
=1.39

* 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.


Asia Optical Co Price-to-Tangible-Book Related Terms

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


Asia Optical Co (TPE:3019) Business Description

Traded in Other Exchanges
N/A
Address
No. 22-3, South 2nd Road, Tanzi District, Taichung, TWN, 427058
Asia Optical Co Inc is engaged in the manufacturing and sale of optical components. The company provides optical lenses, precision glass molding lenses, aiming devices, imaging intercepting telescope parts, laser range finder parts, digital video disk (DVD) components, microscope components, and other products. Geographically the company distributes its products in Taiwan, Japan, other Asian markets, and the United States.

Asia Optical Co (TPE:3019) Headlines

No Headlines