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Chang Type Industrial Co (TPE:1541) Price-to-Tangible-Book : 1.31 (As of May. 19, 2024)


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What is Chang Type Industrial Co Price-to-Tangible-Book?

As of today (2024-05-19), Chang Type Industrial Co's share price is NT$32.10. Chang Type Industrial Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$24.55. Hence, Chang Type Industrial Co's Price to Tangible Book Ratio of today is 1.31.

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

TPE:1541' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.24   Med: 2.32   Max: 4.95
Current: 1.31

During the past 13 years, Chang Type Industrial Co's highest Price to Tangible Book Ratio was 4.95. The lowest was 1.24. And the median was 2.32.

TPE:1541's Price-to-Tangible-Book is ranked better than
72.46% of 2832 companies
in the Industrial Products industry
Industry Median: 2.14 vs TPE:1541: 1.31

A closely related ratio is called PB Ratio. As of today, Chang Type Industrial Co's share price is NT$32.10. Chang Type Industrial Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$24.80. Hence, Chang Type Industrial Co's P/B Ratio of today is 1.29.


Chang Type Industrial Co Price-to-Tangible-Book Historical Data

The historical data trend for Chang Type Industrial 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.

Chang Type Industrial Co Price-to-Tangible-Book Chart

Chang Type Industrial Co 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 2.35 2.52 2.00 1.43 1.37

Chang Type Industrial 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 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 1.48 1.60 1.28 1.37 1.29

Competitive Comparison of Chang Type Industrial Co's Price-to-Tangible-Book

For the Tools & Accessories subindustry, Chang Type Industrial 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.


Chang Type Industrial Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Chang Type Industrial Co's Price-to-Tangible-Book falls into.



Chang Type Industrial Co Price-to-Tangible-Book Calculation

Chang Type Industrial 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 )
=32.10/24.548
=1.31

* 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.


Chang Type Industrial Co Price-to-Tangible-Book Related Terms

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


Chang Type Industrial Co (TPE:1541) Business Description

Traded in Other Exchanges
N/A
Address
No 41, Nan-Tsuen Road, Ho-Li, Taichung, TWN, 42127
Chang Type Industrial Co Ltd engages in manufacture, process and sell hand tools, electric machines, motors, power tools, automatic control system, computer machinery, electric test instruments, woodworking machines and metal parts. The Company is also the agent to import and export raw materials for all related products mentioned above and to design various molds and fixtures.. The company's products include miter saws, scroll saws, radial arm saws and band saws and also manufacture motors, IC controls boards for power tools.

Chang Type Industrial Co (TPE:1541) Headlines

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