Taiwan Styrene Monomer (TPE:1310) PB Ratio : 1.06 (As of May. 17, 2024)

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What is Taiwan Styrene Monomer 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 (2024-05-17), Taiwan Styrene Monomer's share price is NT$14.00. Taiwan Styrene Monomer's Book Value per Share for the quarter that ended in Mar. 2024 was NT$13.20. Hence, Taiwan Styrene Monomer's PB Ratio of today is 1.06.

Good Sign:

Taiwan Styrene Monomer Corp stock PB Ratio (=1.03) is close to 10-year low of 0.97

The historical rank and industry rank for Taiwan Styrene Monomer's PB Ratio or its related term are showing as below:

TPE:1310' s PB Ratio Range Over the Past 10 Years
Min: 0.97 Med: 1.41 Max: 2.14
Current: 1.06

During the past 13 years, Taiwan Styrene Monomer's highest PB Ratio was 2.14. The lowest was 0.97. And the median was 1.41.

TPE:1310's PB Ratio is ranked better than
71.44% of 1530 companies
in the Chemicals industry
Industry Median: 1.635 vs TPE:1310: 1.06

During the past 12 months, Taiwan Styrene Monomer's average Book Value Per Share Growth Rate was 6.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Taiwan Styrene Monomer was 10.80% per year. The lowest was -9.90% per year. And the median was -0.80% per year.

Back to Basics: PB Ratio

Taiwan Styrene Monomer PB Ratio Historical Data

The historical data trend for Taiwan Styrene Monomer'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.

Taiwan Styrene Monomer PB Ratio Chart

Taiwan Styrene Monomer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.57

1.37

1.28

1.10

1.19

Taiwan Styrene Monomer Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.11	1.40	1.34	1.19	1.01

Competitive Comparison of Taiwan Styrene Monomer's PB Ratio

For the Chemicals subindustry, Taiwan Styrene Monomer'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.

Taiwan Styrene Monomer's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Styrene Monomer's PB Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Styrene Monomer's PB Ratio falls into.

Taiwan Styrene Monomer 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.

Taiwan Styrene Monomer's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	14.00	/	13.196
	=	1.06

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Taiwan Styrene Monomer (TPE:1310) 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.

Taiwan Styrene Monomer PB Ratio Related Terms

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

Taiwan Styrene Monomer (TPE:1310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Taiwan Styrene Monomer Corp (TPE:1310) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Roosevelt Road, Sec. 1, 8th-1 Floor, Taipei, TWN

Website

https://www.smct.com.tw

Taiwan Styrene Monomer Corp is engaged in the manufacturing and distribution of styrene monomer and related products. The company also offers toluene that is used as an organic solvent and para-diethyl benzene, which is used as the solvent of polystyrene. The company's main customers for the polystyrene are ABS resin and synthetic rubber manufacturers. Its products are generally used in electrical appliances, machinery, electronics, automotive, packaging and other industries.

Taiwan Styrene Monomer (TPE:1310) Headlines

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