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Standard Chemical & Pharmaceutical Co (TPE:1720) PB Ratio : 2.25 (As of May. 05, 2024)


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What is Standard Chemical & Pharmaceutical 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 (2024-05-05), Standard Chemical & Pharmaceutical Co's share price is NT$63.30. Standard Chemical & Pharmaceutical Co's Book Value per Share for the quarter that ended in Sep. 2023 was NT$28.19. Hence, Standard Chemical & Pharmaceutical Co's PB Ratio of today is 2.25.

Good Sign:

Standard Chemical & Pharmaceutical Co Ltd stock PB Ratio (=2.25) is close to 1-year low of 2.08

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

TPE:1720' s PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 1.77   Max: 3
Current: 2.25

During the past 13 years, Standard Chemical & Pharmaceutical Co's highest PB Ratio was 3.00. The lowest was 1.44. And the median was 1.77.

TPE:1720's PB Ratio is ranked worse than
56.15% of 960 companies
in the Drug Manufacturers industry
Industry Median: 1.97 vs TPE:1720: 2.25

During the past 12 months, Standard Chemical & Pharmaceutical Co's average Book Value Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Standard Chemical & Pharmaceutical Co was 12.00% per year. The lowest was -3.10% per year. And the median was 3.45% per year.

Back to Basics: PB Ratio


Standard Chemical & Pharmaceutical Co PB Ratio Historical Data

The historical data trend for Standard Chemical & Pharmaceutical 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.

Standard Chemical & Pharmaceutical Co PB Ratio Chart

Standard Chemical & Pharmaceutical Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.78 1.70 1.77 2.31

Standard Chemical & Pharmaceutical Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.80 2.31 2.18 2.67 2.34

Competitive Comparison of Standard Chemical & Pharmaceutical Co's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Standard Chemical & Pharmaceutical 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.


Standard Chemical & Pharmaceutical Co's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Standard Chemical & Pharmaceutical Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Standard Chemical & Pharmaceutical Co's PB Ratio falls into.



Standard Chemical & Pharmaceutical 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.

Standard Chemical & Pharmaceutical Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=63.30/28.193
=2.25

* 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.


Standard Chemical & Pharmaceutical Co  (TPE:1720) 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.


Standard Chemical & Pharmaceutical Co PB Ratio Related Terms

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


Standard Chemical & Pharmaceutical Co (TPE:1720) Business Description

Traded in Other Exchanges
N/A
Address
No. 154, Kaiyuan Road, Xinying District, Tainan, TWN, 73055
Standard Chemical & Pharmaceutical Co Ltd is a pharmaceutical company. Along with its subsidiaries, the firm is engaged in the pharmaceutical development, manufacturing, and sales of Active Pharmaceuticals Ingredients (API), health supplements, medical equipment, neoangelac plus milk powder, and adult supplements. It offers pharmaceutical products in healthcare segments including the circulatory system, digestive system, metabolism, anti-microbial, membrane drugs, and respiratory system. The company generates a majority of its revenue from Taiwan.

Standard Chemical & Pharmaceutical Co (TPE:1720) Headlines

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