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Airtac International Group (TPE:1590) Price-to-Tangible-Book : 5.46 (As of May. 22, 2024)


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What is Airtac International Group Price-to-Tangible-Book?

As of today (2024-05-22), Airtac International Group's share price is NT$1135.00. Airtac International Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$207.87. Hence, Airtac International Group's Price to Tangible Book Ratio of today is 5.46.

The historical rank and industry rank for Airtac International Group's Price-to-Tangible-Book or its related term are showing as below:

TPE:1590' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.68   Med: 4.87   Max: 8.64
Current: 5.46

During the past 13 years, Airtac International Group's highest Price to Tangible Book Ratio was 8.64. The lowest was 2.68. And the median was 4.87.

TPE:1590's Price-to-Tangible-Book is ranked worse than
83.69% of 2833 companies
in the Industrial Products industry
Industry Median: 2.13 vs TPE:1590: 5.46

A closely related ratio is called PB Ratio. As of today, Airtac International Group's share price is NT$1135.00. Airtac International Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$208.03. Hence, Airtac International Group's P/B Ratio of today is 5.46.


Airtac International Group Price-to-Tangible-Book Historical Data

The historical data trend for Airtac International Group'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.

Airtac International Group Price-to-Tangible-Book Chart

Airtac International Group 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 4.87 7.59 5.81 4.79 4.75

Airtac International Group 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 6.24 5.32 4.71 4.75 5.41

Competitive Comparison of Airtac International Group's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Airtac International Group'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.


Airtac International Group's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Airtac International Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Airtac International Group's Price-to-Tangible-Book falls into.



Airtac International Group Price-to-Tangible-Book Calculation

Airtac International Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=1135.00/207.868
=5.46

* 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.


Airtac International Group Price-to-Tangible-Book Related Terms

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


Airtac International Group (TPE:1590) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Kanxi Road, Xinshi District, Tainan, TWN, 74148
Established in Taiwan in 1989, AirTAC International Group specializes in producing actuators, control components, air preparation products, and accessories, which are widely used in industrial automation, including industries such as automotive, machinery manufacturing, electronics, lighting and textile, medical equipment and food and packaging. The firm is the second-largest pneumatic equipment manufacturer in China, with more than 20% market share. AirTAC reported revenue of TWD 26.1 billion in 2022, with more than 90% of sales generated from China.

Airtac International Group (TPE:1590) Headlines

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