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Choice Development (TPE:9929) Price-to-Tangible-Book : 1.95 (As of May. 24, 2025)


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What is Choice Development Price-to-Tangible-Book?

As of today (2025-05-24), Choice Development's share price is NT$15.30. Choice Development's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was NT$7.83. Hence, Choice Development's Price to Tangible Book Ratio of today is 1.95.

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

TPE:9929' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96   Med: 1.73   Max: 3.23
Current: 1.95

During the past 13 years, Choice Development's highest Price to Tangible Book Ratio was 3.23. The lowest was 0.96. And the median was 1.73.

TPE:9929's Price-to-Tangible-Book is ranked better than
51.76% of 881 companies
in the Business Services industry
Industry Median: 2.01 vs TPE:9929: 1.95

A closely related ratio is called PB Ratio. As of today, Choice Development's share price is NT$15.30. Choice Development's Book Value per Sharefor the quarter that ended in Mar. 2025 was NT$7.83. Hence, Choice Development's P/B Ratio of today is 1.95.


Choice Development Price-to-Tangible-Book Historical Data

The historical data trend for Choice Development'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.

Choice Development Price-to-Tangible-Book Chart

Choice Development Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 0.97 1.02 2.13 1.91

Choice Development Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.85 1.94 2.03 1.91 1.89

Competitive Comparison of Choice Development's Price-to-Tangible-Book

For the Specialty Business Services subindustry, Choice Development'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.


Choice Development's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Choice Development's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Choice Development's Price-to-Tangible-Book falls into.


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Choice Development Price-to-Tangible-Book Calculation

Choice Development's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2025 )
=15.30/7.83
=1.95

* 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.

It can also be calculated from the numbers for the whole company:

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.


Choice Development Price-to-Tangible-Book Related Terms

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


Choice Development Business Description

Traded in Other Exchanges
N/A
Address
Civic Boulevard, 9th Floor, No. 288, Sec. 6, Xinyi District, Taipei, TWN, 10565
Choice Development Inc is engaged in printing, packaging material production, photography, plate making, binding, planning and design, and medical equipment retailing. The company's operating segments are the printing, advertising, mask, and development departments. The majority of its revenue is generated from the printing department.

Choice Development Headlines

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