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Taiwan Tea (TPE:2913) PB Ratio : 1.22 (As of Mar. 04, 2025)


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What is Taiwan Tea 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 (2025-03-04), Taiwan Tea's share price is NT$19.45. Taiwan Tea's Book Value per Share for the quarter that ended in Sep. 2024 was NT$15.91. Hence, Taiwan Tea's PB Ratio of today is 1.22.

Good Sign:

Taiwan Tea Corp stock PB Ratio (=1.23) is close to 2-year low of 1.17

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

TPE:2913' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.82   Max: 1.87
Current: 1.22

During the past 13 years, Taiwan Tea's highest PB Ratio was 1.87. The lowest was 0.58. And the median was 0.82.

TPE:2913's PB Ratio is ranked better than
56.16% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 1.39 vs TPE:2913: 1.22

During the past 12 months, Taiwan Tea's average Book Value Per Share Growth Rate was -2.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Taiwan Tea was 6.60% per year. The lowest was -7.00% per year. And the median was 1.00% per year.

Back to Basics: PB Ratio


Taiwan Tea PB Ratio Historical Data

The historical data trend for Taiwan Tea'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 Tea PB Ratio Chart

Taiwan Tea Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.90 1.09 1.29 1.35

Taiwan Tea Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.31 1.35 1.29 1.38 1.42

Competitive Comparison of Taiwan Tea's PB Ratio

For the Farm Products subindustry, Taiwan Tea'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 Tea's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Taiwan Tea's PB Ratio distribution charts can be found below:

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



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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=19.45/15.912
=1.22

* 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.


Taiwan Tea  (TPE:2913) 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 Tea PB Ratio Related Terms

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


Taiwan Tea Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Zhonghua Road, Hukou Township, Hsinchu, TWN
Taiwan Tea Corp plants, cultivates and distributes tea and other tea ingredients. It plants tea trees and cultivates tea plantations. The tea leaves are roasted and processed into tea ingredients, packaged, and distributed to Asia and Australia. The company has a diverse range of customers, including large tea factories and channels such as bubble teashops, breakfast shops, and chain restaurants. Additionally, Taiwan Tea has an engineering division to sell building materials and take on interior fitting projects. It utilizes contracts to help provide stock and customized solutions to customers. The company's operating segments are Trade and department stores; and Assets.

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