Ace Edulink Co (ROCO:6764) Price-to-Tangible-Book : 1.59 (As of Jun. 18, 2024)

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What is Ace Edulink Co Price-to-Tangible-Book?

As of today (2024-06-18), Ace Edulink Co's share price is NT$22.25. Ace Edulink Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$14.01. Hence, Ace Edulink Co's Price to Tangible Book Ratio of today is 1.59.

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

ROCO:6764' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.59 Med: 5.57 Max: 13.1
Current: 1.59

During the past 8 years, Ace Edulink Co's highest Price to Tangible Book Ratio was 13.10. The lowest was 1.59. And the median was 5.57.

ROCO:6764's Price-to-Tangible-Book is ranked better than
55.5% of 218 companies
in the Education industry
Industry Median: 1.885 vs ROCO:6764: 1.59

A closely related ratio is called PB Ratio. As of today, Ace Edulink Co's share price is NT$22.25. Ace Edulink Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$15.00. Hence, Ace Edulink Co's P/B Ratio of today is 1.48.

Ace Edulink Co Price-to-Tangible-Book Historical Data

The historical data trend for Ace Edulink 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.

Ace Edulink Co Price-to-Tangible-Book Chart

Ace Edulink Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

13.10

8.45

5.57

2.60

2.28

Ace Edulink 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									5.57	3.74	2.60	2.77	2.28

Competitive Comparison of Ace Edulink Co's Price-to-Tangible-Book

For the Education & Training Services subindustry, Ace Edulink 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.

Ace Edulink Co's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Ace Edulink Co's Price-to-Tangible-Book distribution charts can be found below:

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

Ace Edulink Co Price-to-Tangible-Book Calculation

Ace Edulink 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 )
	=	22.25	/	14.014
	=	1.59

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.

Ace Edulink Co Price-to-Tangible-Book Related Terms

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

Ace Edulink Co (ROCO:6764) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ace Edulink Co Ltd (ROCO:6764) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 609, Section 5, Re-Route, 10th Floor, No. 4, Sanchong District, New Taipei, TWN

Website

http://www.ace-edulink.com

Ace Edulink Co Ltd offers educational services. It provides physical tutoring, scientific assessment system, teaching resource sharing platform, and administrative management system.

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