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Feng Chi Biotech (ROCO:6744) PB Ratio : 1.49 (As of May. 16, 2024)


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What is Feng Chi Biotech 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 (2024-05-16), Feng Chi Biotech's share price is NT$23.00. Feng Chi Biotech's Book Value per Share for the quarter that ended in Dec. 2023 was NT$15.45. Hence, Feng Chi Biotech's PB Ratio of today is 1.49.

Good Sign:

Feng Chi Biotech Corp stock PB Ratio (=1.49) is close to 1-year low of 1.41

The historical rank and industry rank for Feng Chi Biotech's PB Ratio or its related term are showing as below:

ROCO:6744' s PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.73   Max: 3.11
Current: 1.48

During the past 8 years, Feng Chi Biotech's highest PB Ratio was 3.11. The lowest was 1.21. And the median was 1.73.

ROCO:6744's PB Ratio is ranked better than
70.73% of 1322 companies
in the Biotechnology industry
Industry Median: 2.54 vs ROCO:6744: 1.48

During the past 12 months, Feng Chi Biotech's average Book Value Per Share Growth Rate was 0.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.70% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Feng Chi Biotech was 7.00% per year. The lowest was 1.90% per year. And the median was 3.10% per year.

Back to Basics: PB Ratio


Feng Chi Biotech PB Ratio Historical Data

The historical data trend for Feng Chi Biotech'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.

Feng Chi Biotech PB Ratio Chart

Feng Chi Biotech Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 2.38 2.02 1.65 1.31 1.49

Feng Chi Biotech Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.65 1.61 1.31 1.77 1.49

Competitive Comparison of Feng Chi Biotech's PB Ratio

For the Biotechnology subindustry, Feng Chi Biotech'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.


Feng Chi Biotech's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Feng Chi Biotech's PB Ratio distribution charts can be found below:

* The bar in red indicates where Feng Chi Biotech's PB Ratio falls into.



Feng Chi Biotech 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.

Feng Chi Biotech's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=23.00/15.454
=1.49

* 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.


Feng Chi Biotech  (ROCO:6744) 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.


Feng Chi Biotech PB Ratio Related Terms

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


Feng Chi Biotech (ROCO:6744) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Shaoxing North Street, 5th Floor-1, Zhongzheng District, Taipei City, TWN, 100
Feng Chi Biotech Corp provide promotion and support for clinical testing and molecular genetic medicine research related technologies. The company's products and services include clinical testing, food testing, newborn screening, prenatal screening, iron stomach, interscience, and colony counting.

Feng Chi Biotech (ROCO:6744) Headlines

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