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Acer Gaming (ROCO:6908) PB Ratio : 2.12 (As of Jun. 01, 2024)


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What is Acer Gaming PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-01), Acer Gaming's share price is NT$71.50. Acer Gaming's Book Value per Share for the quarter that ended in Dec. 2023 was NT$33.73. Hence, Acer Gaming's PB Ratio of today is 2.12.

Good Sign:

Acer Gaming Inc stock PB Ratio (=2.12) is close to 1-year low of 2.03

The historical rank and industry rank for Acer Gaming's PB Ratio or its related term are showing as below:

ROCO:6908' s PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 2.54   Max: 4.15
Current: 2.12

During the past 4 years, Acer Gaming's highest PB Ratio was 4.15. The lowest was 1.85. And the median was 2.54.

ROCO:6908's PB Ratio is ranked worse than
54.71% of 541 companies
in the Interactive Media industry
Industry Median: 1.91 vs ROCO:6908: 2.12

During the past 12 months, Acer Gaming's average Book Value Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.50% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Acer Gaming was 25.50% per year. The lowest was 25.50% per year. And the median was 25.50% per year.

Back to Basics: PB Ratio


Acer Gaming PB Ratio Historical Data

The historical data trend for Acer Gaming's PB Ratio 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.

Acer Gaming PB Ratio Chart

Acer Gaming Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 2.45 2.65

Acer Gaming Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial - - 2.45 3.10 2.65

Competitive Comparison of Acer Gaming's PB Ratio

For the Electronic Gaming & Multimedia subindustry, Acer Gaming's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Acer Gaming's PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Acer Gaming's PB Ratio distribution charts can be found below:

* The bar in red indicates where Acer Gaming's PB Ratio falls into.



Acer Gaming PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Acer Gaming's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=71.50/33.725
=2.12

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Acer Gaming  (ROCO:6908) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Acer Gaming PB Ratio Related Terms

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Acer Gaming (ROCO:6908) Business Description

Traded in Other Exchanges
N/A
Address
Fuxing North Road, 7th Floor-5, 369, Taipei City, TWN, 10541
Acer Gaming Inc operates electronic sports businesses. The company offers electronic sports community platform development, game entertainment channel agency sales, and other services. Its products cover game software, and hardware peripherals.

Acer Gaming (ROCO:6908) Headlines

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