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Asia Cement (TPE:1102) Price-to-Tangible-Book : 0.93 (As of Apr. 27, 2024)


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What is Asia Cement Price-to-Tangible-Book?

As of today (2024-04-27), Asia Cement's share price is NT$42.75. Asia Cement's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$45.88. Hence, Asia Cement's Price to Tangible Book Ratio of today is 0.93.

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

TPE:1102' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.71   Med: 0.92   Max: 1.16
Current: 0.93

During the past 13 years, Asia Cement's highest Price to Tangible Book Ratio was 1.16. The lowest was 0.71. And the median was 0.92.

TPE:1102's Price-to-Tangible-Book is ranked better than
66.67% of 375 companies
in the Building Materials industry
Industry Median: 1.4 vs TPE:1102: 0.93

A closely related ratio is called PB Ratio. As of today, Asia Cement's share price is NT$42.75. Asia Cement's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$47.70. Hence, Asia Cement's P/B Ratio of today is 0.90.


Asia Cement Price-to-Tangible-Book Historical Data

The historical data trend for Asia Cement'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.

Asia Cement Price-to-Tangible-Book Chart

Asia Cement 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 1.16 1.03 1.05 0.94 0.90

Asia Cement Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.94 1.03 1.02 0.87 0.90

Competitive Comparison of Asia Cement's Price-to-Tangible-Book

For the Building Materials subindustry, Asia Cement'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.


Asia Cement's Price-to-Tangible-Book Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Cement's Price-to-Tangible-Book distribution charts can be found below:

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



Asia Cement Price-to-Tangible-Book Calculation

Asia Cement's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=42.75/45.876
=0.93

* 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.


Asia Cement Price-to-Tangible-Book Related Terms

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


Asia Cement (TPE:1102) Business Description

Traded in Other Exchanges
N/A
Address
No. 207, Dunhua South Road, 30th-31st Floor, Section 2, Daan District, Taipei, TWN, 106
Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries. The firm also provides a range of services that include industrial plant development, real estate, real estate leasing, warehousing, parking management, waste disposal, and international trade. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, plaster, and silica sand. The majority of revenue comes from Taiwan and China. Its reportable segments are as follows: Cement, electric power, investment, engineering, transportation, stainless steel, and leasing.

Asia Cement (TPE:1102) Headlines

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