GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Cherng Tay Technology Co Ltd (ROCO:4767) » Definitions » Tangible Book per Share

Cherng Tay Technology Co (ROCO:4767) Tangible Book per Share : NT$29.48 (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is Cherng Tay Technology Co Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Cherng Tay Technology Co's tangible book value per share for the quarter that ended in Mar. 2025 was NT$29.48.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Cherng Tay Technology Co Tangible Book per Share Historical Data

The historical data trend for Cherng Tay Technology Co's Tangible Book per Share 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.

Cherng Tay Technology Co Tangible Book per Share Chart

Cherng Tay Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.03 26.68 27.55 28.54 30.46

Cherng Tay Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Tangible Book per Share 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 28.11 29.05 30.00 30.46 29.48

Competitive Comparison of Cherng Tay Technology Co's Tangible Book per Share

For the Specialty Chemicals subindustry, Cherng Tay 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.


Cherng Tay Technology Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cherng Tay Technology Co's Price-to-Tangible-Book distribution charts can be found below:

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


;
;

Cherng Tay Technology Co Tangible Book per Share Calculation

Cherng Tay Technology Co's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(957.654-0-0.662)/31.415
=30.46

Cherng Tay Technology Co's Tangible Book Value Per Share for the quarter that ended in Mar. 2025 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(926.849-0-0.61)/31.415
=29.48

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Cherng Tay Technology Co  (ROCO:4767) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Cherng Tay Technology Co Tangible Book per Share Related Terms

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


Cherng Tay Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.1, Lu Ke 3rd road, Lu Chu District, Kaohsiung City, TWN, 821
Cherng Tay Technology Co Ltd is engaged in manufacturing hot melt adhesives and sealants. The company's products include Hot Melt Adhesive and Self-adhesive Waterproof Membrane and other products. It offers adhesives for the footwear, packaging, and bookbinding industries.

Cherng Tay Technology Co Headlines

No Headlines