GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AcBel Polytech Inc (TPE:6282) » Definitions » PB Ratio

AcBel Polytech (TPE:6282) PB Ratio : 1.47 (As of Apr. 28, 2024)


View and export this data going back to 2003. Start your Free Trial

What is AcBel Polytech 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 (2024-04-28), AcBel Polytech's share price is NT$39.50. AcBel Polytech's Book Value per Share for the quarter that ended in Dec. 2023 was NT$26.86. Hence, AcBel Polytech's PB Ratio of today is 1.47.

Good Sign:

AcBel Polytech Inc stock PB Ratio (=1.47) is close to 2-year low of 1.39

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

TPE:6282' s PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.5   Max: 3.24
Current: 1.47

During the past 13 years, AcBel Polytech's highest PB Ratio was 3.24. The lowest was 0.89. And the median was 1.50.

TPE:6282's PB Ratio is ranked better than
62.65% of 2926 companies
in the Industrial Products industry
Industry Median: 1.9 vs TPE:6282: 1.47

During the past 12 months, AcBel Polytech's average Book Value Per Share Growth Rate was 46.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AcBel Polytech was 13.50% per year. The lowest was -4.70% per year. And the median was 3.90% per year.

Back to Basics: PB Ratio


AcBel Polytech PB Ratio Historical Data

The historical data trend for AcBel Polytech'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.

AcBel Polytech PB Ratio Chart

AcBel Polytech 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 1.35 1.50 1.91 1.55 1.53

AcBel Polytech 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 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 1.55 2.01 2.41 1.60 1.53

Competitive Comparison of AcBel Polytech's PB Ratio

For the Electrical Equipment & Parts subindustry, AcBel Polytech'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.


AcBel Polytech's PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where AcBel Polytech's PB Ratio falls into.



AcBel Polytech 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.

AcBel Polytech's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=39.50/26.859
=1.47

* 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.


AcBel Polytech  (TPE:6282) 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.


AcBel Polytech PB Ratio Related Terms

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


AcBel Polytech (TPE:6282) Business Description

Traded in Other Exchanges
N/A
Address
No. 159, Sec. 3, Danjin Road, Tanshui District, New Taipei City, Taipei, TWN, 251
AcBel Polytech Inc is a Taiwanese technological company that develops, manufactures, and sells power-management solutions globally. The company offers a wide range of custom-designed power supplies, ranging from 3W up to 10,000W per power module, to meet clients' needs in industries like information technology, communication, consumer electronics, networks, and industrial automation. The company has sales offices in China, Japan, the U.S., and the U.K. Its manufacturing units are in Taiwan, China, and the Philippines.

AcBel Polytech (TPE:6282) Headlines

No Headlines