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Kim Forest Enterprise Co (TPE:6645) PB Ratio : 2.19 (As of Mar. 14, 2025)


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What is Kim Forest Enterprise 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 (2025-03-14), Kim Forest Enterprise Co's share price is NT$22.85. Kim Forest Enterprise Co's Book Value per Share for the quarter that ended in Dec. 2024 was NT$10.45. Hence, Kim Forest Enterprise Co's PB Ratio of today is 2.19.

Good Sign:

Kim Forest Enterprise Co Ltd stock PB Ratio (=2.18) is close to 3-year low of 2.18

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

TPE:6645' s PB Ratio Range Over the Past 10 Years
Min: 2.17   Med: 3.22   Max: 4.33
Current: 2.17

During the past 12 years, Kim Forest Enterprise Co's highest PB Ratio was 4.33. The lowest was 2.17. And the median was 3.22.

TPE:6645's PB Ratio is ranked better than
50.49% of 206 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.19 vs TPE:6645: 2.17

During the past 12 months, Kim Forest Enterprise Co's average Book Value Per Share Growth Rate was -5.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Kim Forest Enterprise Co was 25.60% per year. The lowest was -8.60% per year. And the median was 2.15% per year.

Back to Basics: PB Ratio


Kim Forest Enterprise Co PB Ratio Historical Data

The historical data trend for Kim Forest Enterprise 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.

Kim Forest Enterprise Co PB Ratio Chart

Kim Forest Enterprise Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 1.94 2.41 3.13 2.29

Kim Forest Enterprise Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.13 3.28 3.59 3.03 2.29

Competitive Comparison of Kim Forest Enterprise Co's PB Ratio

For the Diagnostics & Research subindustry, Kim Forest Enterprise 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.


Kim Forest Enterprise Co's PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Kim Forest Enterprise Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kim Forest Enterprise Co's PB Ratio falls into.



Kim Forest Enterprise 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.

Kim Forest Enterprise Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=22.85/10.45
=2.19

* 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.


Kim Forest Enterprise Co  (TPE:6645) 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.


Kim Forest Enterprise Co PB Ratio Related Terms

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


Kim Forest Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No. 97, Xintai 5th Road, 30th Floor, Section 1, U-TOWN Building B, Xizhi District, New Taipei, TWN, 22175
Kim Forest Enterprise Co Ltd is engaged in providing clinical medical information, genetic testing services, and biological information. It manufactures medical equipment and also produces drug products. The company's equipment includes Desktop microcentrifuge, Desktop large capacity centrifuge, Filter-type absorption spectrometer, Multifunctional spectrometer, and many more. Its reportable segments are Biomedical products which generates key revenue, and the Precision medicine segment. Geographically, the company generates a majority of its revenue from Taiwan and the rest from the United States of America.

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