Truelight (ROCO:3234) Price-to-Tangible-Book : 5.21 (As of May. 22, 2024)

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What is Truelight Price-to-Tangible-Book?

As of today (2024-05-22), Truelight's share price is NT$51.40. Truelight's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$9.86. Hence, Truelight's Price to Tangible Book Ratio of today is 5.21.

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

ROCO:3234' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.64 Med: 2.44 Max: 6.16
Current: 4.75

During the past 13 years, Truelight's highest Price to Tangible Book Ratio was 6.16. The lowest was 1.64. And the median was 2.44.

ROCO:3234's Price-to-Tangible-Book is ranked worse than
75.87% of 949 companies
in the Semiconductors industry
Industry Median: 2.64 vs ROCO:3234: 4.75

A closely related ratio is called PB Ratio. As of today, Truelight's share price is NT$51.40. Truelight's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$9.97. Hence, Truelight's P/B Ratio of today is 5.15.

Truelight Price-to-Tangible-Book Historical Data

The historical data trend for Truelight'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.

Truelight Price-to-Tangible-Book Chart

Truelight Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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3.22

3.83

2.81

2.14

3.67

Truelight Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.80	2.95	2.91	3.67	3.96

Competitive Comparison of Truelight's Price-to-Tangible-Book

For the Semiconductors subindustry, Truelight'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.

Truelight's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Truelight's Price-to-Tangible-Book distribution charts can be found below:

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

Truelight Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	51.40	/	9.86
	=	5.21

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.

Truelight Price-to-Tangible-Book Related Terms

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

Truelight (ROCO:3234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Truelight Corp (ROCO:3234) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.21, Prosperity Road I, Hsinchu Science Park, Hsinchu, TWN, 300

Website

https://www.truelight.com.tw

Truelight Corp engages in manufacturing and supply of components for local area network, storage area network, fiber to the home, and, metro area network. The business items of the company are design, research and development, Production and sales are applied to optical fiber communication, mobile communication base station interconnection, cloud data center, 3D Sensing/Near-Field Sensing/Flood Illumination Vertical Cavity Surface Emitting Laser, Edge laser, photodiode, including components, sub-modules, Light engine/AOC and other types of products. The products of the company include VCSELs chips, FP-LD chips, DFB-LD chips, and PIN chips.

Truelight (ROCO:3234) Headlines

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