GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ligitek Electronics Co Ltd (ROCO:8111) » Definitions » Price-to-Tangible-Book

Ligitek Electronics Co (ROCO:8111) Price-to-Tangible-Book : 1.99 (As of May. 26, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Ligitek Electronics Co Price-to-Tangible-Book?

As of today (2024-05-26), Ligitek Electronics Co's share price is NT$24.00. Ligitek Electronics Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$12.05. Hence, Ligitek Electronics Co's Price to Tangible Book Ratio of today is 1.99.

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

ROCO:8111' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43   Med: 0.99   Max: 2.23
Current: 1.99

During the past 13 years, Ligitek Electronics Co's highest Price to Tangible Book Ratio was 2.23. The lowest was 0.43. And the median was 0.99.

ROCO:8111's Price-to-Tangible-Book is ranked better than
51.83% of 2298 companies
in the Hardware industry
Industry Median: 2.06 vs ROCO:8111: 1.99

A closely related ratio is called PB Ratio. As of today, Ligitek Electronics Co's share price is NT$24.00. Ligitek Electronics Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$12.10. Hence, Ligitek Electronics Co's P/B Ratio of today is 1.98.


Ligitek Electronics Co Price-to-Tangible-Book Historical Data

The historical data trend for Ligitek Electronics 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.

Ligitek Electronics Co Price-to-Tangible-Book Chart

Ligitek Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.47 2.23 1.15 1.48

Ligitek Electronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 1.65 1.60 1.38 1.48 1.92

Competitive Comparison of Ligitek Electronics Co's Price-to-Tangible-Book

For the Electronic Components subindustry, Ligitek Electronics 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.


Ligitek Electronics Co's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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



Ligitek Electronics Co Price-to-Tangible-Book Calculation

Ligitek Electronics Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=24.00/12.05
=1.99

* 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.


Ligitek Electronics Co Price-to-Tangible-Book Related Terms

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


Ligitek Electronics Co (ROCO:8111) Business Description

Traded in Other Exchanges
N/A
Address
No.238, Bo-Ai Street, Shulin District, New Taipei, TWN
Ligitek Electronics Co Ltd engages in manufacturing, processing and trading of various electronic components like Light Emitting Diodes, monitors, along with import/export trading, agent, distribution, bidding and quotation businesses of the above related products and raw materials. It offers LED components, LED backlights and displays and light bars, leads, PCBs and reflectors for SMD; and automotive, invisible, super bright and special LEDs. The geographical markets of the group are Taiwan, Americas, Europe, Asia and Others.

Ligitek Electronics Co (ROCO:8111) Headlines

No Headlines