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Advanced Ceramic X (ROCO:3152) PB Ratio : 4.12 (As of May. 28, 2024)


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What is Advanced Ceramic X 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 (2024-05-28), Advanced Ceramic X's share price is NT$221.50. Advanced Ceramic X's Book Value per Share for the quarter that ended in Mar. 2024 was NT$53.76. Hence, Advanced Ceramic X's PB Ratio of today is 4.12.

The historical rank and industry rank for Advanced Ceramic X's PB Ratio or its related term are showing as below:

ROCO:3152' s PB Ratio Range Over the Past 10 Years
Min: 2.38   Med: 4.99   Max: 11.53
Current: 4.12

During the past 13 years, Advanced Ceramic X's highest PB Ratio was 11.53. The lowest was 2.38. And the median was 4.99.

ROCO:3152's PB Ratio is ranked worse than
84.21% of 2387 companies
in the Hardware industry
Industry Median: 1.88 vs ROCO:3152: 4.12

During the past 12 months, Advanced Ceramic X's average Book Value Per Share Growth Rate was 3.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Advanced Ceramic X was 11.10% per year. The lowest was 0.40% per year. And the median was 3.80% per year.

Back to Basics: PB Ratio


Advanced Ceramic X PB Ratio Historical Data

The historical data trend for Advanced Ceramic X'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.

Advanced Ceramic X PB Ratio Chart

Advanced Ceramic X Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.37 9.93 6.34 3.54 4.71

Advanced Ceramic X Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.50 4.33 4.12 4.71 4.24

Competitive Comparison of Advanced Ceramic X's PB Ratio

For the Communication Equipment subindustry, Advanced Ceramic X'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.


Advanced Ceramic X's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advanced Ceramic X's PB Ratio distribution charts can be found below:

* The bar in red indicates where Advanced Ceramic X's PB Ratio falls into.



Advanced Ceramic X 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.

Advanced Ceramic X's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=221.50/53.76
=4.12

* 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.


Advanced Ceramic X  (ROCO:3152) 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.


Advanced Ceramic X PB Ratio Related Terms

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Advanced Ceramic X (ROCO:3152) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Tzu Chiang Road, Hsinchu Industrial Park, Hsinchu Hsien, TWN, 30352
Advanced Ceramic X Corp manufactures high-frequency chip ceramic components and high-frequency components and modules for wireless communication. The business activities of the company are the design, manufacture and sale of RF Front end devices and modules for application in wireless communication. Its products include Antennas, Balun-Filters, Baluns, Coupler-Filters, Couplers, Band Pass Filters, Filter Arrays, High and Low Pass Filters, Diplexers, Saw-Triplexers, Triplexers, Power Dividers, FEM Series and High-Frequency Inductors. Geographically, it derives a majority of revenue from China and also has a presence in the United States, Taiwan, Hong Kong, and Other Countries.

Advanced Ceramic X (ROCO:3152) Headlines

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