Cheng Shin Rubber Industry Co (TPE:2105) Price-to-Tangible-Book : 1.87 (As of Sep. 27, 2024)

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What is Cheng Shin Rubber Industry Co Price-to-Tangible-Book?

As of today (2024-09-27), Cheng Shin Rubber Industry Co's share price is NT$49.40. Cheng Shin Rubber Industry Co's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was NT$26.42. Hence, Cheng Shin Rubber Industry Co's Price to Tangible Book Ratio of today is 1.87.

The historical rank and industry rank for Cheng Shin Rubber Industry Co's Price-to-Tangible-Book or its related term are showing as below:

TPE:2105' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31 Med: 1.87 Max: 2.75
Current: 1.87

During the past 13 years, Cheng Shin Rubber Industry Co's highest Price to Tangible Book Ratio was 2.75. The lowest was 1.31. And the median was 1.87.

TPE:2105's Price-to-Tangible-Book is ranked worse than
56.01% of 1214 companies
in the Vehicles & Parts industry
Industry Median: 1.565 vs TPE:2105: 1.87

A closely related ratio is called PB Ratio. As of today, Cheng Shin Rubber Industry Co's share price is NT$49.40. Cheng Shin Rubber Industry Co's Book Value per Sharefor the quarter that ended in Jun. 2024 was NT$26.42. Hence, Cheng Shin Rubber Industry Co's P/B Ratio of today is 1.87.

Cheng Shin Rubber Industry Co Price-to-Tangible-Book Historical Data

The historical data trend for Cheng Shin Rubber Industry 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.

Cheng Shin Rubber Industry Co Price-to-Tangible-Book Chart

Cheng Shin Rubber Industry Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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1.67

1.75

1.78

1.45

1.31

Cheng Shin Rubber Industry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.46	1.60	1.62	1.97	1.87

Competitive Comparison of Cheng Shin Rubber Industry Co's Price-to-Tangible-Book

For the Auto Parts subindustry, Cheng Shin Rubber Industry 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.

Cheng Shin Rubber Industry Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cheng Shin Rubber Industry Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Cheng Shin Rubber Industry Co's Price-to-Tangible-Book falls into.

Cheng Shin Rubber Industry Co Price-to-Tangible-Book Calculation

Cheng Shin Rubber Industry Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2024 )
	=	49.40	/	26.417
	=	1.87

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.

Cheng Shin Rubber Industry Co Price-to-Tangible-Book Related Terms

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

Cheng Shin Rubber Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cheng Shin Rubber Industry Co Ltd (TPE:2105) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 215, Meigang Road, Dacun Township, Changhua, TWN, 51545

Website

https://www.cst.com.tw

Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and others. The Business organization is divided into Cheng Shin (Taiwan), MAXXIS (Taiwan) Trading, Cheng Shin (Xiamen), Cheng Shin (China), Petrel (Xiamen), Cheng Shin (Thailand), and other segments based on the nature of each company. The main sources of sales revenue are from manufacturing and sales of bicycle tires, electrical vehicle tires, reclaimed rubber, etc.. Its geographical segments are Taiwan, China, the United States, and Others.

Cheng Shin Rubber Industry Co Headlines

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