Radiant Opto-Electronics (TPE:6176) Price-to-Tangible-Book : 2.49 (As of Apr. 29, 2024)

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What is Radiant Opto-Electronics Price-to-Tangible-Book?

As of today (2024-04-29), Radiant Opto-Electronics's share price is NT$195.50. Radiant Opto-Electronics's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$78.36. Hence, Radiant Opto-Electronics's Price to Tangible Book Ratio of today is 2.49.

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

TPE:6176' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.06 Med: 1.53 Max: 2.92
Current: 2.49

During the past 13 years, Radiant Opto-Electronics's highest Price to Tangible Book Ratio was 2.92. The lowest was 1.06. And the median was 1.53.

TPE:6176's Price-to-Tangible-Book is ranked worse than
60.05% of 2308 companies
in the Hardware industry
Industry Median: 2.05 vs TPE:6176: 2.49

A closely related ratio is called PB Ratio. As of today, Radiant Opto-Electronics's share price is NT$195.50. Radiant Opto-Electronics's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$79.29. Hence, Radiant Opto-Electronics's P/B Ratio of today is 2.47.

Radiant Opto-Electronics Price-to-Tangible-Book Historical Data

The historical data trend for Radiant Opto-Electronics'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.

Radiant Opto-Electronics Price-to-Tangible-Book Chart

Radiant Opto-Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.04

1.81

1.53

1.44

1.82

Radiant Opto-Electronics 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															1.48	1.60	1.68	1.82	2.18

Competitive Comparison of Radiant Opto-Electronics's Price-to-Tangible-Book

For the Electronic Components subindustry, Radiant Opto-Electronics'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.

Radiant Opto-Electronics's Price-to-Tangible-Book Distribution in the Hardware Industry

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

* The bar in red indicates where Radiant Opto-Electronics's Price-to-Tangible-Book falls into.

Radiant Opto-Electronics Price-to-Tangible-Book Calculation

Radiant Opto-Electronics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	195.50	/	78.363
	=	2.49

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Radiant Opto-Electronics Price-to-Tangible-Book Related Terms

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

Radiant Opto-Electronics (TPE:6176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Radiant Opto-Electronics Corp (TPE:6176) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

No. 1, Central 6th Road, Qianzhen District, Kaohsiung City, TWN

Website

https://www.radiant.com.tw

Radiant Opto-Electronics Corp is a Taiwan-based company that is principally engaged in designing, manufacturing, assembling, and marketing backlight modules. The Group has two reportable segments: the domestic segment and Mainland China segment. The domestic segment engages in the manufacture and sale of light guide plates, backlight modules for LCDs, and lighting component. The Mainland China segment uses the technologies provided by the domestic segment to develop new designs of products according to the demands of various customers. Majority of revenue is generated from Mainland China.

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