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Formosa Chemicals & Fibre (TPE:1326) Book Value per Share : NT$55.71 (As of Mar. 2024)


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What is Formosa Chemicals & Fibre Book Value per Share?

Formosa Chemicals & Fibre's book value per share for the quarter that ended in Mar. 2024 was NT$55.71.

During the past 12 months, Formosa Chemicals & Fibre's average Book Value Per Share Growth Rate was -2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Formosa Chemicals & Fibre was 11.70% per year. The lowest was -2.90% per year. And the median was 3.60% per year.

Formosa Chemicals & Fibre's current price is NT$57.00. Its book value per share for the quarter that ended in Mar. 2024 was NT$55.71. Hence, today's PB Ratio of Formosa Chemicals & Fibre is 1.02.

During the past 13 years, the highest P/B Ratio of Formosa Chemicals & Fibre was 1.97. The lowest was 0.94. And the median was 1.50.

Good Sign:

Formosa Chemicals & Fibre Corp stock PB Ratio (=1.02) is close to 10-year low of 0.94


Formosa Chemicals & Fibre Book Value per Share Historical Data

The historical data trend for Formosa Chemicals & Fibre's Book Value per Share 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.

Formosa Chemicals & Fibre Book Value per Share Chart

Formosa Chemicals & Fibre Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.95 58.87 66.84 55.76 58.00

Formosa Chemicals & Fibre Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share 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 56.98 56.21 57.24 58.00 55.71

Competitive Comparison of Formosa Chemicals & Fibre's Book Value per Share

For the Chemicals subindustry, Formosa Chemicals & Fibre'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.


Formosa Chemicals & Fibre's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Formosa Chemicals & Fibre's PB Ratio distribution charts can be found below:

* The bar in red indicates where Formosa Chemicals & Fibre's PB Ratio falls into.



Formosa Chemicals & Fibre Book Value per Share Calculation

Formosa Chemicals & Fibre's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(339,259-0)/5,849
=58.00

Formosa Chemicals & Fibre's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(325,834-0)/5,849
=55.71

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Formosa Chemicals & Fibre  (TPE:1326) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Formosa Chemicals & Fibre Book Value per Share Related Terms

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Formosa Chemicals & Fibre (TPE:1326) Business Description

Traded in Other Exchanges
N/A
Address
Dunhua North Road, Number 201, Songshan District, Taipei, TWN, 105
Formosa Chemicals & Fibre Corp manufactures and sells a variety of chemicals, plastics-based products, and textiles. The Company has eight business divisions, namely First Chemical Division, Petrochemicals Division, Third Chemical Division, Plastics Division, Textile Division, First Fiber Division, Second Fiber Division, and Engineering & Construction Division. The Company's businesses are production and sales of petrochemical products, including PTA, PS, AN, Butadiene, SM polymer, SM, benzene, toluene, pxylene (PX) and o-xylene (OX), as well as nylon fiber, and rayon staple fiber. The Company is also engaged in spinning, weaving, dyeing and finishing.

Formosa Chemicals & Fibre (TPE:1326) Headlines

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