Hwa Fong Rubber Ind Co (TPE:2109) Price-to-Tangible-Book : 1.50 (As of Sep. 24, 2024)

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What is Hwa Fong Rubber Ind Co Price-to-Tangible-Book?

As of today (2024-09-24), Hwa Fong Rubber Ind Co's share price is NT$18.65. Hwa Fong Rubber Ind Co's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was NT$12.40. Hence, Hwa Fong Rubber Ind Co's Price to Tangible Book Ratio of today is 1.50.

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

TPE:2109' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86 Med: 1.39 Max: 1.88
Current: 1.5

During the past 13 years, Hwa Fong Rubber Ind Co's highest Price to Tangible Book Ratio was 1.88. The lowest was 0.86. And the median was 1.39.

TPE:2109's Price-to-Tangible-Book is ranked better than
50.95% of 1215 companies
in the Vehicles & Parts industry
Industry Median: 1.54 vs TPE:2109: 1.50

A closely related ratio is called PB Ratio. As of today, Hwa Fong Rubber Ind Co's share price is NT$18.65. Hwa Fong Rubber Ind Co's Book Value per Sharefor the quarter that ended in Jun. 2024 was NT$12.41. Hence, Hwa Fong Rubber Ind Co's P/B Ratio of today is 1.50.

Hwa Fong Rubber Ind Co Price-to-Tangible-Book Historical Data

The historical data trend for Hwa Fong Rubber Ind 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.

Hwa Fong Rubber Ind Co Price-to-Tangible-Book Chart

Hwa Fong Rubber Ind Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.34

1.46

1.54

1.26

1.19

Hwa Fong Rubber Ind Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.26	1.18	1.19	1.43	1.53

Competitive Comparison of Hwa Fong Rubber Ind Co's Price-to-Tangible-Book

For the Auto Parts subindustry, Hwa Fong Rubber Ind 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.

Hwa Fong Rubber Ind Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Hwa Fong Rubber Ind Co's Price-to-Tangible-Book falls into.

Hwa Fong Rubber Ind Co Price-to-Tangible-Book Calculation

Hwa Fong Rubber Ind 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 )
	=	18.65	/	12.404
	=	1.50

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.

Hwa Fong Rubber Ind Co Price-to-Tangible-Book Related Terms

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Hwa Fong Rubber Ind Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hwa Fong Rubber Ind Co Ltd (TPE:2109) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.300, Chung-Shan Road, Section 2, Ta-Tsun Hsiang, Changhua County, TWN, 515002

Website

https://www.duro.com.tw

Hwa Fong Rubber Ind Co Ltd is a Taiwan based company whose business is the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. It engages in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks and radial tires. Its tire products are used in sedans, recreational and leisure vehicles, heavy trucks, trailers, grass mowers, forklifts, as well as bicycles and monocycles. The company distributes its products in the domestic market and to overseas markets.

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