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Chieftek Precision Co (TPE:1597) Price-to-Tangible-Book : 2.53 (As of May. 21, 2024)


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What is Chieftek Precision Co Price-to-Tangible-Book?

As of today (2024-05-21), Chieftek Precision Co's share price is NT$65.50. Chieftek Precision Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$25.94. Hence, Chieftek Precision Co's Price to Tangible Book Ratio of today is 2.53.

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

TPE:1597' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.19   Med: 2.84   Max: 6.32
Current: 2.53

During the past 13 years, Chieftek Precision Co's highest Price to Tangible Book Ratio was 6.32. The lowest was 1.19. And the median was 2.84.

TPE:1597's Price-to-Tangible-Book is ranked worse than
58.7% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs TPE:1597: 2.53

A closely related ratio is called PB Ratio. As of today, Chieftek Precision Co's share price is NT$65.50. Chieftek Precision Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$26.64. Hence, Chieftek Precision Co's P/B Ratio of today is 2.46.


Chieftek Precision Co Price-to-Tangible-Book Historical Data

The historical data trend for Chieftek Precision 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.

Chieftek Precision Co Price-to-Tangible-Book Chart

Chieftek Precision 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 4.00 3.36 3.25 2.60 2.45

Chieftek Precision 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 3.06 2.85 2.43 2.45 2.83

Competitive Comparison of Chieftek Precision Co's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Chieftek Precision 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.


Chieftek Precision Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chieftek Precision Co's Price-to-Tangible-Book distribution charts can be found below:

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



Chieftek Precision Co Price-to-Tangible-Book Calculation

Chieftek Precision 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 )
=65.50/25.936
=2.53

* 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.


Chieftek Precision Co Price-to-Tangible-Book Related Terms

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


Chieftek Precision Co (TPE:1597) Business Description

Traded in Other Exchanges
N/A
Address
Number 3, Dali 1st Road, Sourthern taiwan Science Park, Xinshi District, Tainan, TWN, 741-45
Chieftek Precision Co Ltd engages in the manufacture and sale of the ball and roller bearings The Company engages in the research, development, manufacture and sales of miniature linear guides, miniature ball screws, miniature linear modules, electro-optics equipment and semiconductor process equipment. It involves in manufacture of miniature linear motion components. Its products include Standard 4-Row Ball Bearing Linear Guide, Wide 4-Row Ball Bearing Linear Guide, Miniature Linear Guide, ST Miniature Stroke Slide Series, and Ironless Linear Motor. Its products are applied in the industries requiring precise positioning applications, such as precision machinery, automation equipment, various power transmission applications, semiconductor manufacturing equipment, and medical equipment.

Chieftek Precision Co (TPE:1597) Headlines

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