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Lagis Enterprise Co (ROCO:6730) Price-to-Tangible-Book : 2.33 (As of Jun. 24, 2024)


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What is Lagis Enterprise Co Price-to-Tangible-Book?

As of today (2024-06-24), Lagis Enterprise Co's share price is NT$39.00. Lagis Enterprise Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$16.73. Hence, Lagis Enterprise Co's Price to Tangible Book Ratio of today is 2.33.

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

ROCO:6730' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2   Med: 2.27   Max: 3.96
Current: 2.33

During the past 8 years, Lagis Enterprise Co's highest Price to Tangible Book Ratio was 3.96. The lowest was 2.00. And the median was 2.27.

ROCO:6730's Price-to-Tangible-Book is ranked better than
54.27% of 702 companies
in the Medical Devices & Instruments industry
Industry Median: 2.605 vs ROCO:6730: 2.33

A closely related ratio is called PB Ratio. As of today, Lagis Enterprise Co's share price is NT$39.00. Lagis Enterprise Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$16.90. Hence, Lagis Enterprise Co's P/B Ratio of today is 2.31.


Lagis Enterprise Co Price-to-Tangible-Book Historical Data

The historical data trend for Lagis Enterprise 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.

Lagis Enterprise Co Price-to-Tangible-Book Chart

Lagis Enterprise Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 3.96 2.36 2.15 2.00 2.27

Lagis Enterprise Co Semi-Annual Data
Dec16 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 2.15 2.38 2.00 2.46 2.27

Competitive Comparison of Lagis Enterprise Co's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Lagis Enterprise 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.


Lagis Enterprise Co's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Lagis Enterprise Co's Price-to-Tangible-Book distribution charts can be found below:

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



Lagis Enterprise Co Price-to-Tangible-Book Calculation

Lagis Enterprise 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 )
=39.00/16.726
=2.33

* 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.


Lagis Enterprise Co Price-to-Tangible-Book Related Terms

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


Lagis Enterprise Co (ROCO:6730) Business Description

Traded in Other Exchanges
N/A
Address
No.29, Gong 1st Road, Dajia District, Taichung, TWN, 43767
Lagis Enterprise Co Ltd is a medical device development company that designs, patents, and markets medical devices for the laparoscopic and endoscopic surgical markets. Its product portfolio includes Access, Endo Devices, Specimen Retrieval products, Suction Irrigation systems, Training systems, and accessories.

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