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Reliance Securities Co (ROCO:6027) Price-to-Tangible-Book : 0.83 (As of Jun. 24, 2024)


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What is Reliance Securities Co Price-to-Tangible-Book?

As of today (2024-06-24), Reliance Securities Co's share price is NT$12.00. Reliance Securities Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$14.44. Hence, Reliance Securities Co's Price to Tangible Book Ratio of today is 0.83.

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

ROCO:6027' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.35   Med: 0.6   Max: 0.83
Current: 0.83

During the past 11 years, Reliance Securities Co's highest Price to Tangible Book Ratio was 0.83. The lowest was 0.35. And the median was 0.60.

ROCO:6027's Price-to-Tangible-Book is ranked better than
69.08% of 731 companies
in the Capital Markets industry
Industry Median: 1.32 vs ROCO:6027: 0.83

A closely related ratio is called PB Ratio. As of today, Reliance Securities Co's share price is NT$12.00. Reliance Securities Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$14.54. Hence, Reliance Securities Co's P/B Ratio of today is 0.83.


Reliance Securities Co Price-to-Tangible-Book Historical Data

The historical data trend for Reliance Securities Co'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.

Reliance Securities Co Price-to-Tangible-Book Chart

Reliance Securities Co 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 0.38 0.60 0.66 0.35 0.82

Reliance Securities Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.66 0.53 0.35 0.55 0.82

Competitive Comparison of Reliance Securities Co's Price-to-Tangible-Book

For the Capital Markets subindustry, Reliance Securities Co'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.


Reliance Securities Co's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Reliance Securities Co's Price-to-Tangible-Book distribution charts can be found below:

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



Reliance Securities Co Price-to-Tangible-Book Calculation

Reliance Securities Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=12.00/14.438
=0.83

* 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.


Reliance Securities Co Price-to-Tangible-Book Related Terms

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


Reliance Securities Co (ROCO:6027) Business Description

Traded in Other Exchanges
N/A
Address
Xinsheng South Road, 100 3rd Floor, Number 50, Section 1, Zhongzheng District, Taipei, TWN
Reliance Securities Co Ltd is engaged in providing integrated investment platform and professional investment services in Taiwan. It presents investors with securities brokerage, futures, warrants, agency funds, discretionary entrustment, re-trust business, underwriting, and bonds.

Reliance Securities Co (ROCO:6027) Headlines

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