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Iron Force Industrial Co (TPE:2228) Price-to-Tangible-Book : 1.82 (As of May. 25, 2024)


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What is Iron Force Industrial Co Price-to-Tangible-Book?

As of today (2024-05-25), Iron Force Industrial Co's share price is NT$112.00. Iron Force Industrial Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$61.56. Hence, Iron Force Industrial Co's Price to Tangible Book Ratio of today is 1.82.

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

TPE:2228' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.3   Med: 1.88   Max: 5.06
Current: 1.82

During the past 13 years, Iron Force Industrial Co's highest Price to Tangible Book Ratio was 5.06. The lowest was 1.30. And the median was 1.88.

TPE:2228's Price-to-Tangible-Book is ranked worse than
53.18% of 1196 companies
in the Vehicles & Parts industry
Industry Median: 1.65 vs TPE:2228: 1.82

A closely related ratio is called PB Ratio. As of today, Iron Force Industrial Co's share price is NT$112.00. Iron Force Industrial Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$62.11. Hence, Iron Force Industrial Co's P/B Ratio of today is 1.80.


Iron Force Industrial Co Price-to-Tangible-Book Historical Data

The historical data trend for Iron Force Industrial 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.

Iron Force Industrial Co Price-to-Tangible-Book Chart

Iron Force Industrial 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 2.30 1.67 1.42 1.33 1.60

Iron Force Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.51 1.88 1.67 1.60 1.61

Competitive Comparison of Iron Force Industrial Co's Price-to-Tangible-Book

For the Auto Parts subindustry, Iron Force Industrial 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.


Iron Force Industrial Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Iron Force Industrial Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Iron Force Industrial Co's Price-to-Tangible-Book falls into.



Iron Force Industrial Co Price-to-Tangible-Book Calculation

Iron Force Industrial Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=112.00/61.562
=1.82

* 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.


Iron Force Industrial Co Price-to-Tangible-Book Related Terms

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


Iron Force Industrial Co (TPE:2228) Business Description

Traded in Other Exchanges
N/A
Address
19 Floor, No. 98, Sec. 1, Sintai 5th Road, Sijhih District, Taipei, TWN, 221
Iron Force Industrial Co Ltd is a Taiwan-based manufacturer of automotive parts and display fixtures. The company has two main divisions: auto parts division and display and houseware division. Auto parts division is producing and selling airbag inflators and seat belt sub-assemblies. The display and houseware division offers hanger, display fixtures, and other metal products. The Group divides its sales order region into three main areas: Taiwan, Mainland China, and Europe. Majority of revenue is generated from Mainland China.

Iron Force Industrial Co (TPE:2228) Headlines

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