Taiwan Navigation Co (TPE:2617) Price-to-Tangible-Book : 0.94 (As of May. 28, 2024)

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What is Taiwan Navigation Co Price-to-Tangible-Book?

As of today (2024-05-28), Taiwan Navigation Co's share price is NT$37.25. Taiwan Navigation Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$39.55. Hence, Taiwan Navigation Co's Price to Tangible Book Ratio of today is 0.94.

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

TPE:2617' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51 Med: 0.76 Max: 1.67
Current: 0.94

During the past 13 years, Taiwan Navigation Co's highest Price to Tangible Book Ratio was 1.67. The lowest was 0.51. And the median was 0.76.

TPE:2617's Price-to-Tangible-Book is ranked better than
71.44% of 879 companies
in the Transportation industry
Industry Median: 1.42 vs TPE:2617: 0.94

A closely related ratio is called PB Ratio. As of today, Taiwan Navigation Co's share price is NT$37.25. Taiwan Navigation Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$39.55. Hence, Taiwan Navigation Co's P/B Ratio of today is 0.94.

Taiwan Navigation Co Price-to-Tangible-Book Historical Data

The historical data trend for Taiwan Navigation 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.

Taiwan Navigation Co Price-to-Tangible-Book Chart

Taiwan Navigation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.72

0.82

0.99

0.71

0.86

Taiwan Navigation 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															0.82	0.84	0.77	0.86	0.87

Competitive Comparison of Taiwan Navigation Co's Price-to-Tangible-Book

For the Marine Shipping subindustry, Taiwan Navigation 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.

Taiwan Navigation Co's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Taiwan Navigation Co's Price-to-Tangible-Book distribution charts can be found below:

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

Taiwan Navigation Co Price-to-Tangible-Book Calculation

Taiwan Navigation 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 )
	=	37.25	/	39.549
	=	0.94

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.

Taiwan Navigation Co Price-to-Tangible-Book Related Terms

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

Taiwan Navigation Co (TPE:2617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Taiwan Navigation Co Ltd (TPE:2617) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No. 29, Jinan Road, Section 2, 2-6 Floor, Taipei, TWN, 100

Website

https://www.taiwanline.com.tw

Taiwan Navigation Co Ltd is a Taiwan based company, engages in the provision of shipping related services. It is engaged in passenger and freight transport via water, port warehousing, aquatic sand mining, and navigation channel dredging and also acts as a shipping agency, provides tugboats, and acts as a land owner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental.

Taiwan Navigation Co (TPE:2617) Headlines

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