Largan Precision Co (TPE:3008) Price-to-Tangible-Book : 1.78 (As of May. 12, 2024)

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What is Largan Precision Co Price-to-Tangible-Book?

As of today (2024-05-12), Largan Precision Co's share price is NT$2230.00. Largan Precision Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$1,250.94. Hence, Largan Precision Co's Price to Tangible Book Ratio of today is 1.78.

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

TPE:3008' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.48 Med: 4.75 Max: 9.76
Current: 1.78

During the past 13 years, Largan Precision Co's highest Price to Tangible Book Ratio was 9.76. The lowest was 1.48. And the median was 4.75.

TPE:3008's Price-to-Tangible-Book is ranked better than
56.88% of 2303 companies
in the Hardware industry
Industry Median: 2.07 vs TPE:3008: 1.78

A closely related ratio is called PB Ratio. As of today, Largan Precision Co's share price is NT$2230.00. Largan Precision Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$1,252.44. Hence, Largan Precision Co's P/B Ratio of today is 1.78.

Largan Precision Co Price-to-Tangible-Book Historical Data

The historical data trend for Largan Precision 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.

Largan Precision Co Price-to-Tangible-Book Chart

Largan Precision Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.31

3.05

2.32

1.76

2.34

Largan Precision 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															1.90	1.82	1.78	2.35	1.95

Competitive Comparison of Largan Precision Co's Price-to-Tangible-Book

For the Electronic Components subindustry, Largan Precision 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.

Largan Precision Co's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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

Largan Precision Co Price-to-Tangible-Book Calculation

Largan Precision 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 )
	=	2230.00	/	1250.939
	=	1.78

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Largan Precision Co Price-to-Tangible-Book Related Terms

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

Largan Precision Co (TPE:3008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Largan Precision Co Ltd (TPE:3008) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, Jingke Road, Nantun District, Taichung, TWN, 40852

Website

http://www.largan.com.tw

Largan Precision is the leader in optical lens technology and the world's largest handset lensmaker by value. The company boasts almost 30 years of experience in the production of optical lenses, namely, plastic aspherical lenses, which are widely used to manufacture smartphone cameras. It is a major supplier of high-end handset camera lenses to global smartphone brands such as Apple and Samsung. The firm also produces optical lenses for various applications such as for automobiles, digital cameras, and extended reality headsets. Largan was co-founded in 1987 by Scott Lin, whose sons Lin En Ping and Lin En Zhou serve as the current CEO and Chairman, respectively. Largan is headquartered and mainly operates in Taichung City, Taiwan and employs 7,704 people as of 2023.

Largan Precision Co (TPE:3008) Headlines

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