Taiwan Glass Ind (TPE:1802) Price-to-Tangible-Book : 1.02 (As of May. 16, 2024)

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What is Taiwan Glass Ind Price-to-Tangible-Book?

As of today (2024-05-16), Taiwan Glass Ind's share price is NT$17.25. Taiwan Glass Ind's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$16.90. Hence, Taiwan Glass Ind's Price to Tangible Book Ratio of today is 1.02.

The historical rank and industry rank for Taiwan Glass Ind's Price-to-Tangible-Book or its related term are showing as below:

TPE:1802' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.55 Med: 1.05 Max: 2.31
Current: 1.02

During the past 13 years, Taiwan Glass Ind's highest Price to Tangible Book Ratio was 2.31. The lowest was 0.55. And the median was 1.05.

TPE:1802's Price-to-Tangible-Book is ranked better than
62.4% of 375 companies
in the Building Materials industry
Industry Median: 1.41 vs TPE:1802: 1.02

A closely related ratio is called PB Ratio. As of today, Taiwan Glass Ind's share price is NT$17.25. Taiwan Glass Ind's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$16.92. Hence, Taiwan Glass Ind's P/B Ratio of today is 1.02.

Taiwan Glass Ind Price-to-Tangible-Book Historical Data

The historical data trend for Taiwan Glass Ind'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.

Taiwan Glass Ind Price-to-Tangible-Book Chart

Taiwan Glass Ind Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.83

1.30

1.44

1.28

1.16

Taiwan Glass Ind 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															1.25	1.21	1.14	1.16	1.02

Competitive Comparison of Taiwan Glass Ind's Price-to-Tangible-Book

For the Building Materials subindustry, Taiwan Glass Ind'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.

Taiwan Glass Ind's Price-to-Tangible-Book Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiwan Glass Ind's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Taiwan Glass Ind's Price-to-Tangible-Book falls into.

Taiwan Glass Ind Price-to-Tangible-Book Calculation

Taiwan Glass Ind's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	17.25	/	16.903
	=	1.02

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.

Taiwan Glass Ind Price-to-Tangible-Book Related Terms

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

Taiwan Glass Ind (TPE:1802) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Taiwan Glass Ind Corp (TPE:1802) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 261, Nanjing East Road, 11th Floor, Section 3, Taiwan Glass Building, Songshan District, Taipei, TWN, 105-405

Website

http://www.taiwanglass.com

Taiwan Glass Ind Corp manufactures and sells a variety of glass products. It operates plants that create and mold glass into glass panes, fiberglass, bottles, and jars, based on specific customer needs. The firm's product categories include flat glass, fiberglass, as well as container, tableware, and kitchenware. The flat glass products are sold to the construction and automobile industries and are used for windows and mirrors. The container, tableware, and kitchenware products are sold to the food, beverage, and pharmaceutical industries.

Taiwan Glass Ind (TPE:1802) Headlines

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