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Gus Technology Co (ROCO:6940) PB Ratio : 3.56 (As of Jun. 20, 2024)


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What is Gus Technology 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 (2024-06-20), Gus Technology Co's share price is NT$36.90. Gus Technology Co's Book Value per Share for the quarter that ended in Dec. 2023 was NT$10.37. Hence, Gus Technology Co's PB Ratio of today is 3.56.

Good Sign:

Gus Technology Co Ltd stock PB Ratio (=3.54) is close to 2-year low of 3.54

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

ROCO:6940' s PB Ratio Range Over the Past 10 Years
Min: 3.46   Med: 5   Max: 7.67
Current: 3.57

During the past 3 years, Gus Technology Co's highest PB Ratio was 7.67. The lowest was 3.46. And the median was 5.00.

ROCO:6940's PB Ratio is ranked worse than
77.86% of 2931 companies
in the Industrial Products industry
Industry Median: 1.86 vs ROCO:6940: 3.57

During the past 12 months, Gus Technology Co's average Book Value Per Share Growth Rate was 37.80% per year.

Back to Basics: PB Ratio


Gus Technology Co PB Ratio Historical Data

The historical data trend for Gus Technology 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.

Gus Technology Co PB Ratio Chart

Gus Technology Co Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - 3.59

Gus Technology Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio - - - 5.55 3.59

Competitive Comparison of Gus Technology Co's PB Ratio

For the Electrical Equipment & Parts subindustry, Gus Technology 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.


Gus Technology Co's PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Gus Technology Co's PB Ratio falls into.



Gus Technology 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.

Gus Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=36.90/10.366
=3.56

* 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.


Gus Technology Co  (ROCO:6940) 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.


Gus Technology Co PB Ratio Related Terms

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


Gus Technology Co (ROCO:6940) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Xintai 5th Road, Section 1, 26th Floor-2, Xizhi District, New Taipei, TWN, 221416
Gus Technology Co Ltd is engaged in the development and manufacture of battery cells and battery modules.

Gus Technology Co (ROCO:6940) Headlines

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