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Ways Technical (ROCO:3508) Price-to-Tangible-Book : 4.08 (As of Dec. 13, 2024)


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What is Ways Technical Price-to-Tangible-Book?

As of today (2024-12-13), Ways Technical's share price is NT$25.90. Ways Technical's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was NT$6.34. Hence, Ways Technical's Price to Tangible Book Ratio of today is 4.08.

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

ROCO:3508' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.47   Med: 2.2   Max: 6.48
Current: 4.09

During the past 13 years, Ways Technical's highest Price to Tangible Book Ratio was 6.48. The lowest was 0.47. And the median was 2.20.

ROCO:3508's Price-to-Tangible-Book is ranked worse than
79.49% of 1487 companies
in the Chemicals industry
Industry Median: 1.91 vs ROCO:3508: 4.09

A closely related ratio is called PB Ratio. As of today, Ways Technical's share price is NT$25.90. Ways Technical's Book Value per Sharefor the quarter that ended in Sep. 2024 was NT$6.39. Hence, Ways Technical's P/B Ratio of today is 4.05.


Ways Technical Price-to-Tangible-Book Historical Data

The historical data trend for Ways Technical'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.

Ways Technical Price-to-Tangible-Book Chart

Ways Technical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 2.22 6.48 4.30 3.65

Ways Technical Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Price-to-Tangible-Book 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 3.53 3.65 3.62 4.55 3.93

Competitive Comparison of Ways Technical's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Ways Technical'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.


Ways Technical's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ways Technical's Price-to-Tangible-Book distribution charts can be found below:

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



Ways Technical Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=25.90/6.342
=4.08

* 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 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.


Ways Technical Price-to-Tangible-Book Related Terms

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


Ways Technical Business Description

Traded in Other Exchanges
N/A
Address
No. 26, Gaoqing Road, Yangmei District, Taoyuan, TWN
Ways Technical Corp is a Taiwan-based company engaged in the manufacture of plastic daily necessities, surface treatment, and manufacturing and processing of electronic parts and components. Its geographical segment includes Taiwan and China, business groups. The majority of the revenue comes from the Taiwan business group.

Ways Technical Headlines

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