GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Asia Technology Co Ltd (XKRX:050860) » Definitions » Price-to-Tangible-Book

Asia Technology Co (XKRX:050860) Price-to-Tangible-Book : 0.36 (As of Apr. 30, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Asia Technology Co Price-to-Tangible-Book?

As of today (2024-04-30), Asia Technology Co's share price is ₩2235.00. Asia Technology Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₩6,134.26. Hence, Asia Technology Co's Price to Tangible Book Ratio of today is 0.36.

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

XKRX:050860' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36   Med: 0.6   Max: 0.88
Current: 0.36

During the past 13 years, Asia Technology Co's highest Price to Tangible Book Ratio was 0.88. The lowest was 0.36. And the median was 0.60.

XKRX:050860's Price-to-Tangible-Book is ranked better than
94.85% of 194 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.77 vs XKRX:050860: 0.36

A closely related ratio is called PB Ratio. As of today, Asia Technology Co's share price is ₩2235.00. Asia Technology Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₩6,137.76. Hence, Asia Technology Co's P/B Ratio of today is 0.36.


Asia Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Asia Technology 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.

Asia Technology Co Price-to-Tangible-Book Chart

Asia Technology Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.48 0.71 0.51 0.46

Asia Technology 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 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 0.44 0.45 0.46 0.41 0.41

Competitive Comparison of Asia Technology Co's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, Asia Technology 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.


Asia Technology Co's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Asia Technology Co's Price-to-Tangible-Book distribution charts can be found below:

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



Asia Technology Co Price-to-Tangible-Book Calculation

Asia Technology 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 )
=2235.00/6134.263
=0.36

* 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.


Asia Technology Co Price-to-Tangible-Book Related Terms

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


Asia Technology Co (XKRX:050860) Business Description

Traded in Other Exchanges
N/A
Address
168, Geum-ri, Yuga-myeon, Dalseong-gun, Daegu-si, KOR
Asia Technology Co Ltd Was founded in 1945, and it is Korea's first general agricultural machinery manufacturer.

Asia Technology Co (XKRX:050860) Headlines

No Headlines