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Young Optics (TPE:3504) Price-to-Tangible-Book : 2.50 (As of May. 30, 2024)


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What is Young Optics Price-to-Tangible-Book?

As of today (2024-05-30), Young Optics's share price is NT$59.70. Young Optics's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$23.87. Hence, Young Optics's Price to Tangible Book Ratio of today is 2.50.

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

TPE:3504' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 2.39   Max: 4.35
Current: 2.5

During the past 13 years, Young Optics's highest Price to Tangible Book Ratio was 4.35. The lowest was 0.84. And the median was 2.39.

TPE:3504's Price-to-Tangible-Book is ranked worse than
57.78% of 2835 companies
in the Industrial Products industry
Industry Median: 2.11 vs TPE:3504: 2.50

A closely related ratio is called PB Ratio. As of today, Young Optics's share price is NT$59.70. Young Optics's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$24.50. Hence, Young Optics's P/B Ratio of today is 2.44.


Young Optics Price-to-Tangible-Book Historical Data

The historical data trend for Young Optics'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.

Young Optics Price-to-Tangible-Book Chart

Young Optics 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 2.86 2.25 4.35 2.69 2.64

Young Optics 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 3.20 2.91 2.31 2.64 2.49

Competitive Comparison of Young Optics's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Young Optics'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.


Young Optics's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Young Optics's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Young Optics's Price-to-Tangible-Book falls into.



Young Optics Price-to-Tangible-Book Calculation

Young Optics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=59.70/23.869
=2.50

* 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.


Young Optics Price-to-Tangible-Book Related Terms

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


Young Optics (TPE:3504) Business Description

Traded in Other Exchanges
N/A
Address
No.7, Hsin-Ann Road, Hsinchu Science Park, Hsin-Chu, TWN, 30076
Young Optics Inc is an integrated design manufacturer of optics. The principal business activities of the company are research, design, manufacture, and sales of optical components, optical engines, and key components. Its product portfolio comprises of mold processing, metal processing, optical element, optical engine, and image and projection optics modules.

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