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Sincere Security (ROCO:6721) Price-to-Tangible-Book : 1.96 (As of Jun. 24, 2024)


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What is Sincere Security Price-to-Tangible-Book?

As of today (2024-06-24), Sincere Security's share price is NT$52.30. Sincere Security's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$26.65. Hence, Sincere Security's Price to Tangible Book Ratio of today is 1.96.

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

ROCO:6721' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.71   Med: 2.37   Max: 3.55
Current: 1.96

During the past 7 years, Sincere Security's highest Price to Tangible Book Ratio was 3.55. The lowest was 1.71. And the median was 2.37.

ROCO:6721's Price-to-Tangible-Book is ranked better than
50.75% of 871 companies
in the Business Services industry
Industry Median: 2.03 vs ROCO:6721: 1.96

A closely related ratio is called PB Ratio. As of today, Sincere Security's share price is NT$52.30. Sincere Security's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$26.65. Hence, Sincere Security's P/B Ratio of today is 1.96.


Sincere Security Price-to-Tangible-Book Historical Data

The historical data trend for Sincere Security'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.

Sincere Security Price-to-Tangible-Book Chart

Sincere Security Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 2.83 2.66 3.37 1.71 1.98

Sincere Security Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 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 2.02 2.20 2.13 1.98 1.94

Competitive Comparison of Sincere Security's Price-to-Tangible-Book

For the Specialty Business Services subindustry, Sincere Security'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.


Sincere Security's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sincere Security's Price-to-Tangible-Book distribution charts can be found below:

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



Sincere Security Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=52.30/26.649
=1.96

* 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.


Sincere Security Price-to-Tangible-Book Related Terms

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


Sincere Security (ROCO:6721) Business Description

Traded in Other Exchanges
N/A
Address
Room 5, 2nd Floor, 201 Heping Street, Hsinchu County, Zhubei, TWN
Sincere Security Corp Ltd is a Taiwan based company involved in property management, cleaning services, mechanical and electrical air-conditioning maintenance and security monitoring. It provides services at science parks, hypermarkets, commercial buildings, schools, golf courses, villas and residential areas, and government units.

Sincere Security (ROCO:6721) Headlines

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