Mirle Automation Co (TPE:2464) Price-to-Tangible-Book : 3.11 (As of Jun. 21, 2024)

View and export this data going back to 2001. Start your Free Trial

What is Mirle Automation Co Price-to-Tangible-Book?

As of today (2024-06-21), Mirle Automation Co's share price is NT$64.60. Mirle Automation Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$20.76. Hence, Mirle Automation Co's Price to Tangible Book Ratio of today is 3.11.

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

TPE:2464' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.4 Med: 2.03 Max: 3.11
Current: 3.11

During the past 13 years, Mirle Automation Co's highest Price to Tangible Book Ratio was 3.11. The lowest was 1.40. And the median was 2.03.

TPE:2464's Price-to-Tangible-Book is ranked worse than
68.61% of 2823 companies
in the Industrial Products industry
Industry Median: 2.04 vs TPE:2464: 3.11

A closely related ratio is called PB Ratio. As of today, Mirle Automation Co's share price is NT$64.60. Mirle Automation Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$21.36. Hence, Mirle Automation Co's P/B Ratio of today is 3.02.

Mirle Automation Co Price-to-Tangible-Book Historical Data

The historical data trend for Mirle Automation 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.

Mirle Automation Co Price-to-Tangible-Book Chart

Mirle Automation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.94

2.15

2.08

1.76

1.72

Mirle Automation 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															1.91	1.91	1.88	1.72	2.26

Competitive Comparison of Mirle Automation Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Mirle Automation 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.

Mirle Automation Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

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

Mirle Automation Co Price-to-Tangible-Book Calculation

Mirle Automation 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 )
	=	64.60	/	20.762
	=	3.11

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.

Mirle Automation Co Price-to-Tangible-Book Related Terms

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

Mirle Automation Co (TPE:2464) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mirle Automation Co Ltd (TPE:2464) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3, R&D Road II, Science Park, Hsinchu, TWN, 30076

Website

https://www.mirle.com.tw

Mirle Automation Co Ltd is one of the leaders in automation system integrators and related product manufacturers. The Corporation is mainly engaged in the business of automation equipment systems and its components various parking facilities, medical equipment and the design, development, production and sale of the automation equipment used in these products, and also provides after-sales services for the products. It is also engaged in the leasing business and develops and sells software and databases that are used in automation equipment. Moreover, the corporation also provides construction planning, installation, consulting, and maintenance services for the above products.

Mirle Automation Co (TPE:2464) Headlines

No Headlines