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ASE Technology Holding Co (TPE:3711) Price-to-Tangible-Book : 2.89 (As of Apr. 30, 2024)


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What is ASE Technology Holding Co Price-to-Tangible-Book?

As of today (2024-04-30), ASE Technology Holding Co's share price is NT$147.00. ASE Technology Holding Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$50.82. Hence, ASE Technology Holding Co's Price to Tangible Book Ratio of today is 2.89.

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

TPE:3711' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.82   Med: 2.16   Max: 3
Current: 2.83

During the past 13 years, ASE Technology Holding Co's highest Price to Tangible Book Ratio was 3.00. The lowest was 1.82. And the median was 2.16.

TPE:3711's Price-to-Tangible-Book is ranked worse than
52.38% of 947 companies
in the Semiconductors industry
Industry Median: 2.62 vs TPE:3711: 2.83

A closely related ratio is called PB Ratio. As of today, ASE Technology Holding Co's share price is NT$147.00. ASE Technology Holding Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$66.62. Hence, ASE Technology Holding Co's P/B Ratio of today is 2.21.


ASE Technology Holding Co Price-to-Tangible-Book Historical Data

The historical data trend for ASE Technology Holding 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.

ASE Technology Holding Co Price-to-Tangible-Book Chart

ASE Technology Holding 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 3.00 2.56 2.58 1.82 2.60

ASE Technology Holding 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 2.44 2.29 2.10 2.60 3.09

Competitive Comparison of ASE Technology Holding Co's Price-to-Tangible-Book

For the Semiconductors subindustry, ASE Technology Holding 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.


ASE Technology Holding Co's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ASE Technology Holding Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ASE Technology Holding Co's Price-to-Tangible-Book falls into.



ASE Technology Holding Co Price-to-Tangible-Book Calculation

ASE Technology Holding 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 )
=147.00/50.823
=2.89

* 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.


ASE Technology Holding Co Price-to-Tangible-Book Related Terms

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


ASE Technology Holding Co (TPE:3711) Business Description

Traded in Other Exchanges
Address
No. 26, Chin Third Road, Nanzih District, Kaohsiung, TWN, 811
ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, and Electronic Manufacturing Services. Of these, packaging services contribute the most revenue. It involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufacture, and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but garners over half its sales from firms in the United States.

ASE Technology Holding Co (TPE:3711) Headlines

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