Acer Medical (ROCO:6857) Price-to-Tangible-Book : 12.89 (As of Jun. 06, 2024)

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What is Acer Medical Price-to-Tangible-Book?

As of today (2024-06-06), Acer Medical's share price is NT$184.00. Acer Medical's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$14.28. Hence, Acer Medical's Price to Tangible Book Ratio of today is 12.89.

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

ROCO:6857' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.35 Med: 8.66 Max: 13.45
Current: 12.89

During the past 5 years, Acer Medical's highest Price to Tangible Book Ratio was 13.45. The lowest was 4.35. And the median was 8.66.

ROCO:6857's Price-to-Tangible-Book is ranked worse than
90.13% of 476 companies
in the Healthcare Providers & Services industry
Industry Median: 3.135 vs ROCO:6857: 12.89

A closely related ratio is called PB Ratio. As of today, Acer Medical's share price is NT$184.00. Acer Medical's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$14.58. Hence, Acer Medical's P/B Ratio of today is 12.62.

Acer Medical Price-to-Tangible-Book Historical Data

The historical data trend for Acer Medical'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.

Acer Medical Price-to-Tangible-Book Chart

Acer Medical Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

4.35

12.96

Acer Medical Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial				-	11.89	4.35	5.44	12.96

Competitive Comparison of Acer Medical's Price-to-Tangible-Book

For the Health Information Services subindustry, Acer Medical'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.

Acer Medical's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Acer Medical's Price-to-Tangible-Book distribution charts can be found below:

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

Acer Medical Price-to-Tangible-Book Calculation

Acer Medical's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	184.00	/	14.278
	=	12.89

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.

Acer Medical Price-to-Tangible-Book Related Terms

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

Acer Medical (ROCO:6857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Acer Medical Inc (ROCO:6857) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xintai 5th Rd, 7th Floor, No. 86, Section 1, Xizhi District, New Taipei, TWN

Website

https://www.acer-medical.com

Acer Medical Inc focuses on improving human health and well-being through artificial intelligence. It focuses on applying artificial intelligence and big data to the area of healthcare. Acer Medical is capable of designing, developing, commercializing, as well as implementing AI solutions into medical institutions.

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