Fortune Electric Co (TPE:1519) PB Ratio : 14.87 (As of Apr. 01, 2025)

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What is Fortune Electric 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 (2025-04-01), Fortune Electric Co's share price is NT$449.50. Fortune Electric Co's Book Value per Share for the quarter that ended in Dec. 2024 was NT$30.24. Hence, Fortune Electric Co's PB Ratio of today is 14.87.

Good Sign:

Fortune Electric Co Ltd stock PB Ratio (=16.5) is close to 1-year low of 16.5.

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

TPE:1519' s PB Ratio Range Over the Past 10 Years
Min: 1.16 Med: 2.34 Max: 48.71
Current: 14.86

During the past 13 years, Fortune Electric Co's highest PB Ratio was 48.71. The lowest was 1.16. And the median was 2.34.

TPE:1519's PB Ratio is ranked worse than
97.94% of 2913 companies
in the Industrial Products industry
Industry Median: 2.02 vs TPE:1519: 14.86

During the past 12 months, Fortune Electric Co's average Book Value Per Share Growth Rate was 44.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 35.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fortune Electric Co was 35.60% per year. The lowest was -3.60% per year. And the median was 2.90% per year.

Back to Basics: PB Ratio

Fortune Electric Co PB Ratio Historical Data

The historical data trend for Fortune Electric 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.

Fortune Electric Co PB Ratio Chart

Fortune Electric Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

PB Ratio

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3.66

2.80

3.04

14.17

18.62

Fortune Electric Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
PB Ratio	Get a 7-Day Free Trial															14.17	34.36	41.26	25.07	18.62

Competitive Comparison of Fortune Electric Co's PB Ratio

For the Electrical Equipment & Parts subindustry, Fortune Electric 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.

Fortune Electric Co's PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Fortune Electric Co's PB Ratio falls into.

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Fortune Electric 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.

Fortune Electric Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2024)
	=	449.50	/	30.236
	=	14.87

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.

Fortune Electric Co (TPE:1519) 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.

Fortune Electric Co PB Ratio Related Terms

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

Fortune Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fortune Electric Co Ltd (TPE:1519) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Jilin Road, Zhongli District, Taoyuan, TWN, 32063

Website

https://www.fortune.com.tw

Fortune Electric Co Ltd manufactures, processes, and trades transformers, distribution panels, low voltage switches, and substation equipment. The company's operating segment includes the Electrical and Mechanical Department and the Turnkey Department. It generates maximum revenue from the Electrical and Mechanical department segment. The company's products include cast resin transformers, amorphous metal alloy core transformers, power transformers, distribution transformers, metal-clad switchgear, GIS, switchgear panels, motor control centers, gas switches, and transmission and distribution apparatus.

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