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Alliance Material Co (ROCO:3595) Price-to-Tangible-Book : 2.22 (As of May. 27, 2024)


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What is Alliance Material Co Price-to-Tangible-Book?

As of today (2024-05-27), Alliance Material Co's share price is NT$33.45. Alliance Material Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$15.09. Hence, Alliance Material Co's Price to Tangible Book Ratio of today is 2.22.

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

ROCO:3595' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.49   Med: 1.09   Max: 3.38
Current: 2.22

During the past 13 years, Alliance Material Co's highest Price to Tangible Book Ratio was 3.38. The lowest was 0.49. And the median was 1.09.

ROCO:3595's Price-to-Tangible-Book is ranked worse than
53.64% of 2297 companies
in the Hardware industry
Industry Median: 2.06 vs ROCO:3595: 2.22

A closely related ratio is called PB Ratio. As of today, Alliance Material Co's share price is NT$33.45. Alliance Material Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$15.16. Hence, Alliance Material Co's P/B Ratio of today is 2.21.


Alliance Material Co Price-to-Tangible-Book Historical Data

The historical data trend for Alliance Material 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.

Alliance Material Co Price-to-Tangible-Book Chart

Alliance Material Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 3.38 2.77 1.37 2.66

Alliance Material Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.77 2.13 1.37 1.18 2.66

Competitive Comparison of Alliance Material Co's Price-to-Tangible-Book

For the Electronic Components subindustry, Alliance Material 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.


Alliance Material Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alliance Material Co's Price-to-Tangible-Book distribution charts can be found below:

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



Alliance Material Co Price-to-Tangible-Book Calculation

Alliance Material 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 )
=33.45/15.085
=2.22

* 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.


Alliance Material Co Price-to-Tangible-Book Related Terms

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


Alliance Material Co (ROCO:3595) Business Description

Traded in Other Exchanges
N/A
Address
Jhong-He Street, No. 1, Lane 15, Lane 191, Jhu-Bei City, Hsin Chu, TWN, 302
Alliance Material Co Ltd is engaged in the production of LCD backlight module optical film. It offers black and white tape, optical tape, plastic protective film, UV light curing resin and the provision of cutting and processing services. The company also provides all kinds of materials professional consulting services.

Alliance Material Co (ROCO:3595) Headlines

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