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Quaser Machine Tools (ROCO:4563) PB Ratio : 1.96 (As of Jun. 21, 2024)


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What is Quaser Machine Tools 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 (2024-06-21), Quaser Machine Tools's share price is NT$53.90. Quaser Machine Tools's Book Value per Share for the quarter that ended in Mar. 2024 was NT$27.50. Hence, Quaser Machine Tools's PB Ratio of today is 1.96.

The historical rank and industry rank for Quaser Machine Tools's PB Ratio or its related term are showing as below:

ROCO:4563' s PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.7   Max: 3.14
Current: 1.96

During the past 11 years, Quaser Machine Tools's highest PB Ratio was 3.14. The lowest was 1.05. And the median was 1.70.

ROCO:4563's PB Ratio is ranked worse than
52.37% of 2931 companies
in the Industrial Products industry
Industry Median: 1.87 vs ROCO:4563: 1.96

During the past 12 months, Quaser Machine Tools's average Book Value Per Share Growth Rate was 15.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.00% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Quaser Machine Tools was 3.00% per year. The lowest was -13.70% per year. And the median was -1.80% per year.

Back to Basics: PB Ratio


Quaser Machine Tools PB Ratio Historical Data

The historical data trend for Quaser Machine Tools'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.

Quaser Machine Tools PB Ratio Chart

Quaser Machine Tools 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 1.58 1.25 1.49 1.69 1.95

Quaser Machine Tools 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 1.61 2.31 2.05 1.95 1.77

Competitive Comparison of Quaser Machine Tools's PB Ratio

For the Specialty Industrial Machinery subindustry, Quaser Machine Tools'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.


Quaser Machine Tools's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Quaser Machine Tools's PB Ratio distribution charts can be found below:

* The bar in red indicates where Quaser Machine Tools's PB Ratio falls into.



Quaser Machine Tools 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.

Quaser Machine Tools's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=53.90/27.502
=1.96

* 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.


Quaser Machine Tools  (ROCO:4563) 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.


Quaser Machine Tools PB Ratio Related Terms

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


Quaser Machine Tools (ROCO:4563) Business Description

Traded in Other Exchanges
N/A
Address
Number 3, Gong 6th Road, Youshih Industrial Park, Dajia District, Taichung, TWN
Quaser Machine Tools Inc is involved in designing, manufacturing and marketing various machine tools in Taiwan. Its products include Vertical M/C, 5-Axis Mill-Turn M / C, Pallet M/C, Horizontal M/C, and FMC Series among others.

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