ION Electronic Materials Co (ROCO:6959) Price-to-Tangible-Book : 3.27 (As of May. 22, 2024)

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What is ION Electronic Materials Co Price-to-Tangible-Book?

As of today (2024-05-22), ION Electronic Materials Co's share price is NT$127.50. ION Electronic Materials Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$39.00. Hence, ION Electronic Materials Co's Price to Tangible Book Ratio of today is 3.27.

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

ROCO:6959' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.97 Med: 3 Max: 3.27
Current: 3.27

During the past 5 years, ION Electronic Materials Co's highest Price to Tangible Book Ratio was 3.27. The lowest was 2.97. And the median was 3.00.

ROCO:6959's Price-to-Tangible-Book is ranked worse than
73.2% of 1485 companies
in the Chemicals industry
Industry Median: 1.84 vs ROCO:6959: 3.27

A closely related ratio is called PB Ratio. As of today, ION Electronic Materials Co's share price is NT$127.50. ION Electronic Materials Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$40.02. Hence, ION Electronic Materials Co's P/B Ratio of today is 3.19.

ION Electronic Materials Co Price-to-Tangible-Book Historical Data

The historical data trend for ION Electronic Materials 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.

ION Electronic Materials Co Price-to-Tangible-Book Chart

ION Electronic Materials Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

3.00

ION Electronic Materials Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	3.00

Competitive Comparison of ION Electronic Materials Co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, ION Electronic Materials 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.

ION Electronic Materials Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, ION Electronic Materials Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ION Electronic Materials Co's Price-to-Tangible-Book falls into.

ION Electronic Materials Co Price-to-Tangible-Book Calculation

ION Electronic Materials 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 )
	=	127.50	/	39.001
	=	3.27

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.

ION Electronic Materials Co Price-to-Tangible-Book Related Terms

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

ION Electronic Materials Co (ROCO:6959) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ION Electronic Materials Co Ltd (ROCO:6959) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 195, Xiangxi Road, Hukou Township, Hsinchu, TWN, 303103

Website

https://www.iemc.co/tw

ION Electronic Materials Co Ltd focuses on special materials for the electronics industry and provides local services, With development capabilities and multi-national patents, it looks forward to contributing to Taiwan's technology industry. Its main products are advanced semiconductor materials. It has negative pressure steel cylinder production technology and localized production advantages. It has passed ISO 9001 certification and is a supplier partner of major semiconductor factories.

ION Electronic Materials Co (ROCO:6959) Headlines

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