Chunghwa Telecom Co (Chunghwa Telecom Co) PB Ratio : 2.41 (As of Apr. 29, 2024)

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What is Chunghwa Telecom 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 (2024-04-29), Chunghwa Telecom Co's share price is $37.88. Chunghwa Telecom Co's Book Value per Share for the quarter that ended in Dec. 2023 was $15.69. Hence, Chunghwa Telecom Co's PB Ratio of today is 2.41.

Good Sign:

Chunghwa Telecom Co Ltd stock PB Ratio (=2.52) is close to 1-year low of 2.4

Warning Sign:

Chunghwa Telecom Co Ltd stock PB Ratio (=2.52) is close to 10-year high of 2.74

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

CHT' s PB Ratio Range Over the Past 10 Years
Min: 1.96 Med: 2.28 Max: 2.74
Current: 2.52

During the past 13 years, Chunghwa Telecom Co's highest PB Ratio was 2.74. The lowest was 1.96. And the median was 2.28.

CHT's PB Ratio is ranked worse than
65.57% of 366 companies
in the Telecommunication Services industry
Industry Median: 1.745 vs CHT: 2.52

During the past 12 months, Chunghwa Telecom Co's average Book Value Per Share Growth Rate was 0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chunghwa Telecom Co was 23.50% per year. The lowest was -7.70% per year. And the median was 1.30% per year.

Back to Basics: PB Ratio

Chunghwa Telecom Co PB Ratio Historical Data

The historical data trend for Chunghwa Telecom 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.

Chunghwa Telecom Co PB Ratio Chart

Chunghwa Telecom Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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2.31

2.25

2.41

2.29

2.49

Chunghwa Telecom Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															2.29	2.37	2.45	2.39	2.49

Competitive Comparison of Chunghwa Telecom Co's PB Ratio

For the Telecom Services subindustry, Chunghwa Telecom 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.

Chunghwa Telecom Co's PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Chunghwa Telecom Co's PB Ratio distribution charts can be found below:

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

Chunghwa Telecom 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	37.88	/	15.686
	=	2.41

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.

Chunghwa Telecom Co (NYSE:CHT) 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.

Chunghwa Telecom Co PB Ratio Related Terms

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Chunghwa Telecom Co (Chunghwa Telecom Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Chunghwa Telecom Co Ltd (NYSE:CHT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

2412:Taiwan CHWD:Germany

Address

Number 21-3 Hsinyi Road, Section 1, Taipei, TWN, 100

Website

http://www.cht.com.tw

Chunghwa Telecom Co Ltd is Taiwan's largest integrated telecom operator, providing fixed-line, wireless, and Internet and data services. The company enjoys a dominant position in all three segments. It has a market share of 35% in mobile, 85% in broadband, and greater than 95% in the fixed-line segment as measured by the number of local fixed-line subscribers. Chunghwa Telecom was privatized in 2005, with the government retaining 36.3% of the firm's ordinary shares.