United Radiant Technology (ROCO:5315) PB Ratio : 1.25 (As of Apr. 30, 2024)

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What is United Radiant 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 (2024-04-30), United Radiant Technology's share price is NT$18.35. United Radiant Technology's Book Value per Share for the quarter that ended in Dec. 2023 was NT$14.63. Hence, United Radiant Technology's PB Ratio of today is 1.25.

Good Sign:

United Radiant Technology Corp stock PB Ratio (=1.24) is close to 1-year low of 1.21

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

ROCO:5315' s PB Ratio Range Over the Past 10 Years
Min: 0.54 Med: 1.34 Max: 3.36
Current: 1.25

During the past 13 years, United Radiant Technology's highest PB Ratio was 3.36. The lowest was 0.54. And the median was 1.34.

ROCO:5315's PB Ratio is ranked better than
68.31% of 2395 companies
in the Hardware industry
Industry Median: 1.87 vs ROCO:5315: 1.25

During the past 12 months, United Radiant Technology's average Book Value Per Share Growth Rate was -2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of United Radiant Technology was 23.40% per year. The lowest was -16.70% per year. And the median was 4.50% per year.

Back to Basics: PB Ratio

United Radiant Technology PB Ratio Historical Data

The historical data trend for United Radiant 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.

United Radiant Technology PB Ratio Chart

United Radiant Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.38

1.27

1.28

1.20

1.24

United Radiant Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.13	1.20	1.54	1.31	1.24

Competitive Comparison of United Radiant Technology's PB Ratio

For the Electronic Components subindustry, United Radiant 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.

United Radiant Technology's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, United Radiant Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where United Radiant Technology's PB Ratio falls into.

United Radiant 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.

United Radiant Technology's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	18.35	/	14.633
	=	1.25

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.

United Radiant Technology (ROCO:5315) 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.

United Radiant Technology PB Ratio Related Terms

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

United Radiant Technology (ROCO:5315) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » United Radiant Technology Corp (ROCO:5315) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.12,Chien-Kuo Road, T.T.I.P., Tantzu District, Taichung, TWN, 42760

Website

https://www.urt.com.tw

United Radiant Technology Corp is a Taiwan-based company engaged in manufacturing, processing, and selling all kinds of liquid crystal displays (LCDs) and their modules. It is also involved in the contracting business of LED street lighting projects. Revenue from sales of goods is generated from sales of LCD modules and LCD products. n revenue comes from export sales, including sales to Europe and the Americas.

United Radiant Technology (ROCO:5315) Headlines

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