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Solar Applied Materials Technology (ROCO:1785) PB Ratio : 2.05 (As of Apr. 15, 2025)


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What is Solar Applied Materials Technology PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-04-15), Solar Applied Materials Technology's share price is NT$49.00. Solar Applied Materials Technology's Book Value per Share for the quarter that ended in Dec. 2024 was NT$23.93. Hence, Solar Applied Materials Technology's PB Ratio of today is 2.05.

Good Sign:

Solar Applied Materials Technology Corp stock PB Ratio (=2.03) is close to 1-year low of 1.91.

The historical rank and industry rank for Solar Applied Materials Technology's PB Ratio or its related term are showing as below:

ROCO:1785' s PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.73   Max: 3.42
Current: 2.05

During the past 13 years, Solar Applied Materials Technology's highest PB Ratio was 3.42. The lowest was 0.78. And the median was 1.73.

ROCO:1785's PB Ratio is ranked worse than
53.53% of 2929 companies
in the Industrial Products industry
Industry Median: 1.9 vs ROCO:1785: 2.05

During the past 12 months, Solar Applied Materials Technology's average Book Value Per Share Growth Rate was 10.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Solar Applied Materials Technology was 28.90% per year. The lowest was -24.50% per year. And the median was 8.60% per year.

Back to Basics: PB Ratio


Solar Applied Materials Technology PB Ratio Historical Data

The historical data trend for Solar Applied Materials Technology's PB Ratio 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.

Solar Applied Materials Technology PB Ratio Chart

Solar Applied Materials Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.64 2.50 1.50 1.79 2.62

Solar Applied Materials Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
PB Ratio 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 1.79 2.21 2.96 2.85 2.62

Competitive Comparison of Solar Applied Materials Technology's PB Ratio

For the Metal Fabrication subindustry, Solar Applied Materials Technology'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.


Solar Applied Materials Technology's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solar Applied Materials Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where Solar Applied Materials Technology's PB Ratio falls into.


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Solar Applied Materials Technology PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Solar Applied Materials Technology's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=49.00/23.93
=2.05

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Solar Applied Materials Technology  (ROCO:1785) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Solar Applied Materials Technology PB Ratio Related Terms

Thank you for viewing the detailed overview of Solar Applied Materials Technology's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Solar Applied Materials Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gongye 3rd Road, Annan District, Tainan, TWN, 70955
Solar Applied Materials Technology Corp is company involved in research and development and manufacturing of thin film sputtering targets. It is engaged in manufacturing, processing, recycling, refining and trading of sputtering targets for thin film, precious metal materials and specialty chemicals for automobiles. The company earns revenue from the sale of goods comes from sales of precious metal materials and non-precious metal materials. It uses precious and rare metal recycling and refining as a platform to focus on high-value functionality. Materials research and development are mainly used in storage media, optoelectronic displays, electronic semiconductors and other industries.

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