Zen Voce (ROCO:3581) PB Ratio : 1.73 (As of May. 24, 2024)

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What is Zen Voce 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 (2024-05-24), Zen Voce's share price is NT$28.70. Zen Voce's Book Value per Share for the quarter that ended in Mar. 2024 was NT$16.63. Hence, Zen Voce's PB Ratio of today is 1.73.

The historical rank and industry rank for Zen Voce's PB Ratio or its related term are showing as below:

ROCO:3581' s PB Ratio Range Over the Past 10 Years
Min: 0.85 Med: 1.42 Max: 2.62
Current: 1.72

During the past 13 years, Zen Voce's highest PB Ratio was 2.62. The lowest was 0.85. And the median was 1.42.

ROCO:3581's PB Ratio is ranked better than
65.67% of 970 companies
in the Semiconductors industry
Industry Median: 2.43 vs ROCO:3581: 1.72

During the past 12 months, Zen Voce's average Book Value Per Share Growth Rate was -2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zen Voce was 9.70% per year. The lowest was -1.50% per year. And the median was 3.40% per year.

Back to Basics: PB Ratio

Zen Voce PB Ratio Historical Data

The historical data trend for Zen Voce'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.

Zen Voce PB Ratio Chart

Zen Voce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.22

1.45

1.71

1.31

1.56

Zen Voce 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															1.30	1.51	1.65	1.56	1.93

Competitive Comparison of Zen Voce's PB Ratio

For the Semiconductors subindustry, Zen Voce'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.

Zen Voce's PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zen Voce's PB Ratio distribution charts can be found below:

* The bar in red indicates where Zen Voce's PB Ratio falls into.

Zen Voce 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.

Zen Voce's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	28.70	/	16.626
	=	1.73

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Zen Voce (ROCO:3581) 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.

Zen Voce PB Ratio Related Terms

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

Zen Voce (ROCO:3581) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zen Voce Corp (ROCO:3581) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 53, Jinggong Road, Sinfong Township, Hsinchu, TWN, 30441

Website

http://www.zenvoce.com

Zen Voce Corp is a Taiwan based company engaged in the business of providing semiconductor, optoelectronics and MEMS and LCD's equipment. It offers equipment products which include IC packaging machine design and manufacture of bumping, wafer cutting machine and cleaning machine design and manufacturing, and board cutting machine and cleaning machine design and manufacturing. The test products provided by the company includes Wafer test probe card PCB design and manufacturing, IC test HIFIX and CHANG KIT design and manufacturing, SOCKET IC design and manufacturing test, Acting IC HANDLER, and Acting SOCKET IC burn-in test.

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