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Highlight Tech (ROCO:6208) PB Ratio : 1.24 (As of Apr. 22, 2025)


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What is Highlight Tech 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 (2025-04-22), Highlight Tech's share price is NT$40.55. Highlight Tech's Book Value per Share for the quarter that ended in Dec. 2024 was NT$32.66. Hence, Highlight Tech's PB Ratio of today is 1.24.

Good Sign:

Highlight Tech Corp stock PB Ratio (=1.27) is close to 5-year low of 1.22.

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

ROCO:6208' s PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.57   Max: 2.82
Current: 1.24

During the past 13 years, Highlight Tech's highest PB Ratio was 2.82. The lowest was 0.67. And the median was 1.57.

ROCO:6208's PB Ratio is ranked better than
67.66% of 2931 companies
in the Industrial Products industry
Industry Median: 1.92 vs ROCO:6208: 1.24

During the past 12 months, Highlight Tech's average Book Value Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Highlight Tech was 10.00% per year. The lowest was 0.70% per year. And the median was 4.80% per year.

Back to Basics: PB Ratio


Highlight Tech PB Ratio Historical Data

The historical data trend for Highlight Tech'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.

Highlight Tech PB Ratio Chart

Highlight Tech Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 2.75 2.03 1.97 1.53

Highlight Tech Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.97 2.29 2.10 1.72 1.53

Competitive Comparison of Highlight Tech's PB Ratio

For the Specialty Industrial Machinery subindustry, Highlight Tech'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.


Highlight Tech's PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Highlight Tech's PB Ratio falls into.


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Highlight Tech 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.

Highlight Tech's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=40.55/32.656
=1.24

* 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.


Highlight Tech  (ROCO:6208) 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.


Highlight Tech PB Ratio Related Terms

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


Highlight Tech Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Huoshui Raod, Xinshi District, Tainan, TWN, 744092
Highlight Tech Corp is a manufacturer of vacuum technology equipment and a supplier of comprehensive integration services in the vacuum field. Its product includes a vacuum chamber, valves, pump, and automation equipment. Its vacuum coating technology is used in 3C products, semiconductors, optoelectronics, touch panel industry, and solar photovoltaic industry. The Group mainly operates in two regions: Taiwan and China.

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