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Bright Sheland International Co (ROCO:4556) PB Ratio : 1.67 (As of Jun. 24, 2024)


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What is Bright Sheland International Co 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 (2024-06-24), Bright Sheland International Co's share price is NT$33.35. Bright Sheland International Co's Book Value per Share for the quarter that ended in Mar. 2024 was NT$19.94. Hence, Bright Sheland International Co's PB Ratio of today is 1.67.

The historical rank and industry rank for Bright Sheland International Co's PB Ratio or its related term are showing as below:

ROCO:4556' s PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 1.8   Max: 3.48
Current: 1.67

During the past 12 years, Bright Sheland International Co's highest PB Ratio was 3.48. The lowest was 1.41. And the median was 1.80.

ROCO:4556's PB Ratio is ranked better than
53.99% of 2936 companies
in the Industrial Products industry
Industry Median: 1.825 vs ROCO:4556: 1.67

During the past 12 months, Bright Sheland International Co's average Book Value Per Share Growth Rate was -0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Bright Sheland International Co was 11.60% per year. The lowest was 0.70% per year. And the median was 1.70% per year.

Back to Basics: PB Ratio


Bright Sheland International Co PB Ratio Historical Data

The historical data trend for Bright Sheland International Co'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.

Bright Sheland International Co PB Ratio Chart

Bright Sheland International Co 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 1.80 1.71 1.69 1.53 1.47

Bright Sheland International Co 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 1.55 1.52 1.48 1.47 1.85

Competitive Comparison of Bright Sheland International Co's PB Ratio

For the Pollution & Treatment Controls subindustry, Bright Sheland International Co'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.


Bright Sheland International Co's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bright Sheland International Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bright Sheland International Co's PB Ratio falls into.



Bright Sheland International Co 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.

Bright Sheland International Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=33.35/19.939
=1.67

* 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.


Bright Sheland International Co  (ROCO:4556) 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.


Bright Sheland International Co PB Ratio Related Terms

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


Bright Sheland International Co (ROCO:4556) Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Kejia 6th Road, Yunlin Science and Technology Industrial Zone, Yunlin County, Douliu, TWN, 640-57
Bright Sheland International Co Ltd is a Taiwan-based company focused on industrial filtration and separation systems. The products of the company include Cartridges and Housing, Melt Blown Cartridges, Winding Cartridges, Activated Carbon Filter Cartridges, and Glass Fiber Filter Cartridges among others.

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