SinoPac Financial Holdings Co (TPE:2890) Price-to-Tangible-Book : 1.51 (As of May. 23, 2024)

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What is SinoPac Financial Holdings Co Price-to-Tangible-Book?

As of today (2024-05-23), SinoPac Financial Holdings Co's share price is NT$22.70. SinoPac Financial Holdings Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$15.02. Hence, SinoPac Financial Holdings Co's Price to Tangible Book Ratio of today is 1.51.

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

TPE:2890' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.74 Med: 0.92 Max: 1.59
Current: 1.51

During the past 13 years, SinoPac Financial Holdings Co's highest Price to Tangible Book Ratio was 1.59. The lowest was 0.74. And the median was 0.92.

TPE:2890's Price-to-Tangible-Book is ranked worse than
78.89% of 1440 companies
in the Banks industry
Industry Median: 0.93 vs TPE:2890: 1.51

A closely related ratio is called PB Ratio. As of today, SinoPac Financial Holdings Co's share price is NT$22.70. SinoPac Financial Holdings Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$15.22. Hence, SinoPac Financial Holdings Co's P/B Ratio of today is 1.49.

SinoPac Financial Holdings Co Price-to-Tangible-Book Historical Data

The historical data trend for SinoPac Financial Holdings 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.

SinoPac Financial Holdings Co Price-to-Tangible-Book Chart

SinoPac Financial Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.00

0.84

1.13

1.26

1.31

SinoPac Financial Holdings Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.26	1.17	1.23	1.22	1.31

Competitive Comparison of SinoPac Financial Holdings Co's Price-to-Tangible-Book

For the Banks - Regional subindustry, SinoPac Financial Holdings 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.

SinoPac Financial Holdings Co's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SinoPac Financial Holdings Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where SinoPac Financial Holdings Co's Price-to-Tangible-Book falls into.

SinoPac Financial Holdings Co Price-to-Tangible-Book Calculation

SinoPac Financial Holdings Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	22.70	/	15.02
	=	1.51

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.

SinoPac Financial Holdings Co Price-to-Tangible-Book Related Terms

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

SinoPac Financial Holdings Co (TPE:2890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SinoPac Financial Holdings Co Ltd (TPE:2890) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 308, Bade Road, Section 2, 3rd Floor, 5th to 13th Floor and No. 306 and 6th Floor 1, 6th Floor 2, Zhongshan District, Taipei, TWN, 104

Website

https://www.sinopac.com

SinoPac Financial Holdings Co Ltd is a Taiwan-based financial holdings company. The company's business segments consist of the banking business, which includes Bank SinoPac and its subsidiaries, and offers investment, insurance agent, insurance brokerage, and other services; the securities business, which includes SinoPac Securities and its subsidiaries, and offers securities trading, investment consulting, asset management, and other services; and the other business segment, which conducts businesses through a number of other subsidiaries. The company generates its revenue from the banking business. The company has a business presence in Taiwan, the United States, Asia, and other countries, with Taiwan accounting for the majority of its revenue.

SinoPac Financial Holdings Co (TPE:2890) Headlines

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