Solid Year Co (ROCO:6737) Price-to-Tangible-Book : 2.55 (As of May. 22, 2024)

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What is Solid Year Co Price-to-Tangible-Book?

As of today (2024-05-22), Solid Year Co's share price is NT$62.00. Solid Year Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$24.32. Hence, Solid Year Co's Price to Tangible Book Ratio of today is 2.55.

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

ROCO:6737' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.67 Med: 2.25 Max: 3.41
Current: 2.55

During the past 8 years, Solid Year Co's highest Price to Tangible Book Ratio was 3.41. The lowest was 1.67. And the median was 2.25.

ROCO:6737's Price-to-Tangible-Book is ranked worse than
60.78% of 2300 companies
in the Hardware industry
Industry Median: 2.06 vs ROCO:6737: 2.55

A closely related ratio is called PB Ratio. As of today, Solid Year Co's share price is NT$62.00. Solid Year Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$24.53. Hence, Solid Year Co's P/B Ratio of today is 2.53.

Solid Year Co Price-to-Tangible-Book Historical Data

The historical data trend for Solid Year 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.

Solid Year Co Price-to-Tangible-Book Chart

Solid Year Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.25

3.16

3.41

1.75

1.67

Solid Year 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									3.41	2.23	1.75	2.07	1.67

Competitive Comparison of Solid Year Co's Price-to-Tangible-Book

For the Computer Hardware subindustry, Solid Year 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.

Solid Year Co's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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

Solid Year Co Price-to-Tangible-Book Calculation

Solid Year 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 )
	=	62.00	/	24.315
	=	2.55

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Solid Year Co Price-to-Tangible-Book Related Terms

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

Solid Year Co (ROCO:6737) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solid Year Co Ltd (ROCO:6737) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xintai 5th Road, 18th Floor, No. 97, Section 1, Xizhi District, New Taipei City, Taipei, TWN

Website

http://www.solidyear.com

Solid Year Co Ltd is engaged in producing single-shot and double-shot plastic injection finished products from mold manufacturers specializing in mold design and manufacturing. The company's products are computer keyboard, USB network camera, USB network camera module, driving recorder, hunting machine, projector, gamepad, automotive electronics, in-car multimedia audio and video system, smart rear-view mirror, head-up display, iPhone Computer electronic peripheral products such as Car Box, infant network surveillance camera, among others.

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