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Advanced Wireless & Antenna (ROCO:6818) PB Ratio : 2.72 (As of May. 25, 2024)


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What is Advanced Wireless & Antenna 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 (2024-05-25), Advanced Wireless & Antenna's share price is NT$33.10. Advanced Wireless & Antenna's Book Value per Share for the quarter that ended in Dec. 2023 was NT$12.17. Hence, Advanced Wireless & Antenna's PB Ratio of today is 2.72.

The historical rank and industry rank for Advanced Wireless & Antenna's PB Ratio or its related term are showing as below:

ROCO:6818' s PB Ratio Range Over the Past 10 Years
Min: 1.86   Med: 2.5   Max: 6.1
Current: 2.72

During the past 5 years, Advanced Wireless & Antenna's highest PB Ratio was 6.10. The lowest was 1.86. And the median was 2.50.

ROCO:6818's PB Ratio is ranked worse than
69.61% of 2386 companies
in the Hardware industry
Industry Median: 1.87 vs ROCO:6818: 2.72

During the past 12 months, Advanced Wireless & Antenna's average Book Value Per Share Growth Rate was 4.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Advanced Wireless & Antenna was 5.60% per year. The lowest was -3.00% per year. And the median was 1.30% per year.

Back to Basics: PB Ratio


Advanced Wireless & Antenna PB Ratio Historical Data

The historical data trend for Advanced Wireless & Antenna'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.

Advanced Wireless & Antenna PB Ratio Chart

Advanced Wireless & Antenna Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 3.50 1.97 2.33

Advanced Wireless & Antenna Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.50 2.55 1.97 2.11 2.33

Competitive Comparison of Advanced Wireless & Antenna's PB Ratio

For the Electronic Components subindustry, Advanced Wireless & Antenna'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.


Advanced Wireless & Antenna's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advanced Wireless & Antenna's PB Ratio distribution charts can be found below:

* The bar in red indicates where Advanced Wireless & Antenna's PB Ratio falls into.



Advanced Wireless & Antenna 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.

Advanced Wireless & Antenna's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=33.10/12.169
=2.72

* 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.


Advanced Wireless & Antenna  (ROCO:6818) 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.


Advanced Wireless & Antenna PB Ratio Related Terms

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Advanced Wireless & Antenna (ROCO:6818) Business Description

Traded in Other Exchanges
N/A
Address
Beixin Road., Xindian District, B2F, Number 207-1, Sec 3, New Taipei City, Taipei, TWN, 231
Advanced Wireless & Antenna Inc is engaged in designing and manufacturing the electronic components for IT, digital home appliances, and portable devices. Its products include V2X, IOT, IT and Networking.

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