Formosa Chemicals & Fibre (TPE:1326) Price-to-Tangible-Book : 0.96 (As of Apr. 29, 2024)

View and export this data going back to 1984. Start your Free Trial

What is Formosa Chemicals & Fibre Price-to-Tangible-Book?

As of today (2024-04-29), Formosa Chemicals & Fibre's share price is NT$55.80. Formosa Chemicals & Fibre's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$57.94. Hence, Formosa Chemicals & Fibre's Price to Tangible Book Ratio of today is 0.96.

The historical rank and industry rank for Formosa Chemicals & Fibre's Price-to-Tangible-Book or its related term are showing as below:

TPE:1326' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.93 Med: 1.44 Max: 1.76
Current: 0.96

During the past 13 years, Formosa Chemicals & Fibre's highest Price to Tangible Book Ratio was 1.76. The lowest was 0.93. And the median was 1.44.

TPE:1326's Price-to-Tangible-Book is ranked better than
78.49% of 1492 companies
in the Chemicals industry
Industry Median: 1.815 vs TPE:1326: 0.96

A closely related ratio is called PB Ratio. As of today, Formosa Chemicals & Fibre's share price is NT$55.80. Formosa Chemicals & Fibre's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$58.00. Hence, Formosa Chemicals & Fibre's P/B Ratio of today is 0.96.

Formosa Chemicals & Fibre Price-to-Tangible-Book Historical Data

The historical data trend for Formosa Chemicals & Fibre'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.

Formosa Chemicals & Fibre Price-to-Tangible-Book Chart

Formosa Chemicals & Fibre Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.44

1.21

1.27

1.08

Formosa Chemicals & Fibre 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															1.27	1.21	1.20	1.08	1.08

Competitive Comparison of Formosa Chemicals & Fibre's Price-to-Tangible-Book

For the Chemicals subindustry, Formosa Chemicals & Fibre'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.

Formosa Chemicals & Fibre's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Formosa Chemicals & Fibre's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Formosa Chemicals & Fibre's Price-to-Tangible-Book falls into.

Formosa Chemicals & Fibre Price-to-Tangible-Book Calculation

Formosa Chemicals & Fibre's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	55.80	/	57.943
	=	0.96

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.

Formosa Chemicals & Fibre Price-to-Tangible-Book Related Terms

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

Formosa Chemicals & Fibre (TPE:1326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Formosa Chemicals & Fibre Corp (TPE:1326) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dunhua North Road, Number 201, Songshan District, Taipei, TWN, 105

Website

https://www.fcfc.com.tw

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

No Headlines