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United Radiant Technology (ROCO:5315) Price-to-Tangible-Book : 1.26 (As of Apr. 30, 2024)


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What is United Radiant Technology Price-to-Tangible-Book?

As of today (2024-04-30), United Radiant Technology's share price is NT$18.35. United Radiant Technology's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$14.57. Hence, United Radiant Technology's Price to Tangible Book Ratio of today is 1.26.

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

ROCO:5315' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.2   Med: 1.3   Max: 2.19
Current: 1.26

During the past 13 years, United Radiant Technology's highest Price to Tangible Book Ratio was 2.19. The lowest was 1.20. And the median was 1.30.

ROCO:5315's Price-to-Tangible-Book is ranked better than
72.14% of 2308 companies
in the Hardware industry
Industry Median: 2.04 vs ROCO:5315: 1.26

A closely related ratio is called PB Ratio. As of today, United Radiant Technology's share price is NT$18.35. United Radiant Technology's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$14.63. Hence, United Radiant Technology's P/B Ratio of today is 1.25.


United Radiant Technology Price-to-Tangible-Book Historical Data

The historical data trend for United Radiant Technology'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.

United Radiant Technology Price-to-Tangible-Book Chart

United Radiant Technology 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 1.39 1.27 1.28 1.21 1.25

United Radiant Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 1.13 1.21 1.54 1.32 1.25

Competitive Comparison of United Radiant Technology's Price-to-Tangible-Book

For the Electronic Components subindustry, United Radiant Technology'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.


United Radiant Technology's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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



United Radiant Technology Price-to-Tangible-Book Calculation

United Radiant Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=18.35/14.571
=1.26

* 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.


United Radiant Technology Price-to-Tangible-Book Related Terms

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


United Radiant Technology (ROCO:5315) Business Description

Traded in Other Exchanges
N/A
Address
No.12,Chien-Kuo Road, T.T.I.P., Tantzu District, Taichung, TWN, 42760
United Radiant Technology Corp is a Taiwan-based company engaged in manufacturing, processing, and selling all kinds of liquid crystal displays (LCDs) and their modules. It is also involved in the contracting business of LED street lighting projects. Revenue from sales of goods is generated from sales of LCD modules and LCD products. n revenue comes from export sales, including sales to Europe and the Americas.

United Radiant Technology (ROCO:5315) Headlines

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