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Synbio Tech (ROCO:1295) Price-to-Tangible-Book : 2.23 (As of Jun. 23, 2024)


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What is Synbio Tech Price-to-Tangible-Book?

As of today (2024-06-23), Synbio Tech's share price is NT$67.00. Synbio Tech's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$30.05. Hence, Synbio Tech's Price to Tangible Book Ratio of today is 2.23.

The historical rank and industry rank for Synbio Tech's Price-to-Tangible-Book or its related term are showing as below:

ROCO:1295' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.16   Med: 2.6   Max: 2.6
Current: 2.23

During the past 4 years, Synbio Tech's highest Price to Tangible Book Ratio was 2.60. The lowest was 2.16. And the median was 2.60.

ROCO:1295's Price-to-Tangible-Book is ranked better than
56.49% of 1209 companies
in the Biotechnology industry
Industry Median: 2.63 vs ROCO:1295: 2.23

A closely related ratio is called PB Ratio. As of today, Synbio Tech's share price is NT$67.00. Synbio Tech's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$30.68. Hence, Synbio Tech's P/B Ratio of today is 2.18.

Synbio Tech Price-to-Tangible-Book Historical Data

The historical data trend for Synbio Tech's Price-to-Tangible-Book 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.

Synbio Tech Price-to-Tangible-Book Chart

Synbio Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - 2.60

Synbio Tech Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial - - - - 2.60

Competitive Comparison of Synbio Tech's Price-to-Tangible-Book

For the Biotechnology subindustry, Synbio Tech's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Synbio Tech's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Synbio Tech's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Synbio Tech's Price-to-Tangible-Book falls into.


Synbio Tech Price-to-Tangible-Book Calculation

Synbio Tech's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=67.00/30.054
=2.23

* 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:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Synbio Tech Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Synbio Tech's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Synbio Tech (ROCO:1295) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Synbio Tech Inc (ROCO:1295) » Definitions » Price-to-Tangible-Book
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Traded in Other Exchanges
N/A
Address
No.66,Beiling 6th Road, 821 Road, Luzhu District, Kaohsiung, TWN
Website
https://www.synbiotech.com
Synbio Tech Inc is a company specializing in the research, manufacturing and application development of lactic acid bacteria. They provide lactic acid bacteria screening, functional research and verification, and the introduction of advanced processes to produce safe and stable high-quality bacterial powder, OEM, ODM customized finished products , share application development technology, provide excellent service quality, and gain recognition from customers, allowing Shenghe to grow steadily.

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