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Power Master Energy Co (ROCO:6839) PB Ratio : 1.25 (As of May. 28, 2024)


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What is Power Master Energy Co 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 (2024-05-28), Power Master Energy Co's share price is NT$30.20. Power Master Energy Co's Book Value per Share for the quarter that ended in Dec. 2023 was NT$24.12. Hence, Power Master Energy Co's PB Ratio of today is 1.25.

Good Sign:

Power Master Energy Co Ltd stock PB Ratio (=1.31) is close to 3-year low of 1.24

The historical rank and industry rank for Power Master Energy Co's PB Ratio or its related term are showing as below:

ROCO:6839' s PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.66   Max: 3.13
Current: 1.25

During the past 6 years, Power Master Energy Co's highest PB Ratio was 3.13. The lowest was 1.24. And the median was 1.66.

ROCO:6839's PB Ratio is ranked better than
79.71% of 971 companies
in the Semiconductors industry
Industry Median: 2.44 vs ROCO:6839: 1.25

During the past 12 months, Power Master Energy Co's average Book Value Per Share Growth Rate was 3.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.40% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Power Master Energy Co was 15.10% per year. The lowest was 7.80% per year. And the median was 14.70% per year.

Back to Basics: PB Ratio


Power Master Energy Co PB Ratio Historical Data

The historical data trend for Power Master Energy Co'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.

Power Master Energy Co PB Ratio Chart

Power Master Energy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - 2.58 1.73 1.37

Power Master Energy Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 2.13 1.73 1.65 1.37

Competitive Comparison of Power Master Energy Co's PB Ratio

For the Solar subindustry, Power Master Energy Co'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.


Power Master Energy Co's PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Power Master Energy Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Power Master Energy Co's PB Ratio falls into.



Power Master Energy Co 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.

Power Master Energy Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=30.20/24.115
=1.25

* 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.


Power Master Energy Co  (ROCO:6839) 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.


Power Master Energy Co PB Ratio Related Terms

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


Power Master Energy Co (ROCO:6839) Business Description

Traded in Other Exchanges
N/A
Address
3, Zhongzheng Road, 8th Floor, No. 651, Xinzhuang District, New Taipei City, TWN
Power Master Energy Co Ltd Formerly Power Master II Holdings Co Ltd is a professional solar power system provider in Taiwan. The business scope is divided into the four main axes of the solar power systems: Engineering Contract EPC, Power Plant Investment, Maintenance Operation Management, and Energy Storage System. It also develops solar photovoltaic components such as modules, brackets, and inverters.

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