Infinite Finance Co (ROCO:6958) Price-to-Tangible-Book : 2.81 (As of May. 28, 2024)

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What is Infinite Finance Co Price-to-Tangible-Book?

As of today (2024-05-28), Infinite Finance Co's share price is NT$45.00. Infinite Finance Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$16.01. Hence, Infinite Finance Co's Price to Tangible Book Ratio of today is 2.81.

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

ROCO:6958' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.76 Med: 3.42 Max: 3.42
Current: 2.81

During the past 2 years, Infinite Finance Co's highest Price to Tangible Book Ratio was 3.42. The lowest was 2.76. And the median was 3.42.

ROCO:6958's Price-to-Tangible-Book is ranked worse than
82.06% of 496 companies
in the Credit Services industry
Industry Median: 1.06 vs ROCO:6958: 2.81

A closely related ratio is called PB Ratio. As of today, Infinite Finance Co's share price is NT$45.00. Infinite Finance Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$26.44. Hence, Infinite Finance Co's P/B Ratio of today is 1.70.

Infinite Finance Co Price-to-Tangible-Book Historical Data

The historical data trend for Infinite Finance 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.

Infinite Finance Co Price-to-Tangible-Book Chart

Infinite Finance Co Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

3.42

Infinite Finance Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	-	-	4.79	3.42

Competitive Comparison of Infinite Finance Co's Price-to-Tangible-Book

For the Credit Services subindustry, Infinite Finance 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.

Infinite Finance Co's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Infinite Finance Co's Price-to-Tangible-Book distribution charts can be found below:

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

Infinite Finance Co Price-to-Tangible-Book Calculation

Infinite Finance Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	45.00	/	16.013
	=	2.81

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.

Infinite Finance Co Price-to-Tangible-Book Related Terms

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

Infinite Finance Co (ROCO:6958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Infinite Finance Co Ltd (ROCO:6958) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.68, Songjiang Road, 7th Floor, Zhongshan District, Taipei, TWN

Website

http://www.inftfinance.com

Infinite Finance Co Ltd provides various types of vehicle loans for heavy vehicles, tour buses, vans and small passenger cars, Its operations comprise procurement loans for heavy vehicles, tour buses, vans and small passenger cars; procurement loans and leasing services for various types of construction and engineering equipment include cranes, excavators, loaders, stackers, piling machines; letter of credit for imported machinery services; green energy financing and other services.

Infinite Finance Co (ROCO:6958) Headlines

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