Lien Hwa Industrial Holding (TPE:1229) Price-to-Tangible-Book : 2.22 (As of Jun. 08, 2024)

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What is Lien Hwa Industrial Holding Price-to-Tangible-Book?

As of today (2024-06-08), Lien Hwa Industrial Holding's share price is NT$67.20. Lien Hwa Industrial Holding's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$30.32. Hence, Lien Hwa Industrial Holding's Price to Tangible Book Ratio of today is 2.22.

The historical rank and industry rank for Lien Hwa Industrial Holding's Price-to-Tangible-Book or its related term are showing as below:

TPE:1229' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.81 Med: 1.44 Max: 2.56
Current: 2.22

During the past 13 years, Lien Hwa Industrial Holding's highest Price to Tangible Book Ratio was 2.56. The lowest was 0.81. And the median was 1.44.

TPE:1229's Price-to-Tangible-Book is ranked worse than
74.95% of 479 companies
in the Conglomerates industry
Industry Median: 1.13 vs TPE:1229: 2.22

A closely related ratio is called PB Ratio. As of today, Lien Hwa Industrial Holding's share price is NT$67.20. Lien Hwa Industrial Holding's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$30.47. Hence, Lien Hwa Industrial Holding's P/B Ratio of today is 2.21.

Lien Hwa Industrial Holding Price-to-Tangible-Book Historical Data

The historical data trend for Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding Price-to-Tangible-Book Chart

Lien Hwa Industrial Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.27

1.51

1.71

2.20

1.99

Lien Hwa Industrial Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.99	2.23	2.56	2.30	2.23

Competitive Comparison of Lien Hwa Industrial Holding's Price-to-Tangible-Book

For the Conglomerates subindustry, Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lien Hwa Industrial Holding's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Lien Hwa Industrial Holding's Price-to-Tangible-Book falls into.

Lien Hwa Industrial Holding Price-to-Tangible-Book Calculation

Lien Hwa Industrial Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	67.20	/	30.316
	=	2.22

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.

Lien Hwa Industrial Holding Price-to-Tangible-Book Related Terms

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

Lien Hwa Industrial Holding (TPE:1229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Lien Hwa Industrial Holding Corp (TPE:1229) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 44, Section 1, Chengde Road, 6th Floor, Datong District, Taipei, TWN

Website

https://www.lhicholdings.com

Lien Hwa Industrial Holding Corp is engaged in flour production and sale, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has five reportable segments. The rental business provides real property rental and development services. The noodle business manufactures and sells all kinds of noodles and processed foods. The noodle business overseas is a noodles manufacturing and sale company. The system integration service business provides the system integration service, automatic system, applied software design, and sale of industrial computers. The administrative resource center is responsible for the management of domestic/foreign investment business.

Lien Hwa Industrial Holding (TPE:1229) Headlines

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