Kinik Co (TPE:1560) PB Ratio : 7.55 (As of Jun. 22, 2024)

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What is Kinik 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 (2024-06-22), Kinik Co's share price is NT$304.50. Kinik Co's Book Value per Share for the quarter that ended in Mar. 2024 was NT$40.34. Hence, Kinik Co's PB Ratio of today is 7.55.

Warning Sign:

Kinik Co stock PB Ratio (=7.57) is close to 10-year high of 7.57

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

TPE:1560' s PB Ratio Range Over the Past 10 Years
Min: 1.65 Med: 2.41 Max: 7.71
Current: 7.55

During the past 13 years, Kinik Co's highest PB Ratio was 7.71. The lowest was 1.65. And the median was 2.41.

TPE:1560's PB Ratio is ranked worse than
91.71% of 2931 companies
in the Industrial Products industry
Industry Median: 1.87 vs TPE:1560: 7.55

During the past 12 months, Kinik Co's average Book Value Per Share Growth Rate was -2.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kinik Co was 10.70% per year. The lowest was -3.00% per year. And the median was 2.60% per year.

Back to Basics: PB Ratio

Kinik Co PB Ratio Historical Data

The historical data trend for Kinik 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.

Kinik Co PB Ratio Chart

Kinik Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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2.27

2.12

3.64

2.63

4.51

Kinik Co 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															2.86	3.16	3.78	4.51	6.48

Competitive Comparison of Kinik Co's PB Ratio

For the Specialty Industrial Machinery subindustry, Kinik 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.

Kinik Co's PB Ratio Distribution in the Industrial Products Industry

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

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

Kinik 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	304.50	/	40.342
	=	7.55

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.

Kinik Co (TPE:1560) 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.

Kinik Co PB Ratio Related Terms

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Kinik Co (TPE:1560) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kinik Co (TPE:1560) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

10, Yenping South Road, Taipei, TWN, 10043

Website

https://www.kinik.com

Kinik is a Taiwan-based company that primarily manufactures and distributes grinding wheels, diamond tools, and reclaimed wafers. The company's products fall into three categories. The traditional product type comprises a wide range of grinding wheels used in machinery components, steelmaking, modules, semiconductor, glass manufacturing, and others. The diamond tool category comprises various blade products, cutters, diamond dressers, and other products, which are used in stone processing and semiconductor dressing applications. The wafer product category primarily consists of wafers resourced from monitor wafters and dummy wafers. Wafer reclamation helps lower costs of factory. Kinik generates the majority of its revenue from the Taiwan domestic market.

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