GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Action Electronics Co Ltd (TPE:3024) » Definitions » Price-to-Tangible-Book

Action Electronics Co (TPE:3024) Price-to-Tangible-Book : 2.34 (As of Jun. 09, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Action Electronics Co Price-to-Tangible-Book?

As of today (2024-06-09), Action Electronics Co's share price is NT$22.45. Action Electronics Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$9.58. Hence, Action Electronics Co's Price to Tangible Book Ratio of today is 2.34.

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

TPE:3024' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.49   Med: 0.91   Max: 2.34
Current: 2.34

During the past 13 years, Action Electronics Co's highest Price to Tangible Book Ratio was 2.34. The lowest was 0.49. And the median was 0.91.

TPE:3024's Price-to-Tangible-Book is ranked worse than
57.67% of 2301 companies
in the Hardware industry
Industry Median: 2.06 vs TPE:3024: 2.34

A closely related ratio is called PB Ratio. As of today, Action Electronics Co's share price is NT$22.45. Action Electronics Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$10.33. Hence, Action Electronics Co's P/B Ratio of today is 2.17.


Action Electronics Co Price-to-Tangible-Book Historical Data

The historical data trend for Action Electronics 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.

Action Electronics Co Price-to-Tangible-Book Chart

Action Electronics 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 0.93 1.32 1.48 1.42 2.00

Action Electronics 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 1.55 1.66 1.62 2.00 1.78

Competitive Comparison of Action Electronics Co's Price-to-Tangible-Book

For the Consumer Electronics subindustry, Action Electronics 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.


Action Electronics Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Action Electronics Co's Price-to-Tangible-Book distribution charts can be found below:

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



Action Electronics Co Price-to-Tangible-Book Calculation

Action Electronics 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 )
=22.45/9.58
=2.34

* 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.


Action Electronics Co Price-to-Tangible-Book Related Terms

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


Action Electronics Co (TPE:3024) Business Description

Traded in Other Exchanges
N/A
Address
No. 423-7 Zhengguang Road, 4th Floor, Taoyuan District, Taoyuan City, TWN, 330
Action Electronics Co Ltd is engaged in the manufacturing and distribution of electronic products. The company's products include portable multimedia players, LCD digital TV, mobile entertainment device, mobile internet device, and solar application.

Action Electronics Co (TPE:3024) Headlines

No Headlines