Hiyes International Co (TPE:2348) Price-to-Tangible-Book : 2.94 (As of May. 26, 2024)

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What is Hiyes International Co Price-to-Tangible-Book?

As of today (2024-05-26), Hiyes International Co's share price is NT$195.50. Hiyes International Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$66.60. Hence, Hiyes International Co's Price to Tangible Book Ratio of today is 2.94.

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

TPE:2348' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.3 Med: 2.39 Max: 4.56
Current: 2.94

During the past 13 years, Hiyes International Co's highest Price to Tangible Book Ratio was 4.56. The lowest was 1.30. And the median was 2.39.

TPE:2348's Price-to-Tangible-Book is ranked worse than
86.99% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs TPE:2348: 2.94

A closely related ratio is called PB Ratio. As of today, Hiyes International Co's share price is NT$195.50. Hiyes International Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$66.73. Hence, Hiyes International Co's P/B Ratio of today is 2.93.

Hiyes International Co Price-to-Tangible-Book Historical Data

The historical data trend for Hiyes International 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.

Hiyes International Co Price-to-Tangible-Book Chart

Hiyes International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.76

2.54

2.19

1.34

1.61

Hiyes International 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															1.43	1.56	1.50	1.61	1.93

Competitive Comparison of Hiyes International Co's Price-to-Tangible-Book

For the Real Estate Services subindustry, Hiyes International 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.

Hiyes International Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hiyes International Co's Price-to-Tangible-Book distribution charts can be found below:

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

Hiyes International Co Price-to-Tangible-Book Calculation

Hiyes International 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 )
	=	195.50	/	66.598
	=	2.94

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.

Hiyes International Co Price-to-Tangible-Book Related Terms

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

Hiyes International Co (TPE:2348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hiyes International Co Ltd (TPE:2348) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN

Website

https://www.hiyes-group.com.tw

Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses. The company is also engaged in research and development, manufacture, and sale of optical readers and related components, multimedia products, personal computers and peripherals, telecommunication products, and digital cameras, as well as import and export trading of items relevant to the Company's business.

Hiyes International Co (TPE:2348) Headlines

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