Taiwan Cement (TPE:1101) PB Ratio : 1.07 (As of May. 03, 2024)

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What is Taiwan Cement PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-03), Taiwan Cement's share price is NT$32.40. Taiwan Cement's Book Value per Share for the quarter that ended in Dec. 2023 was NT$30.40. Hence, Taiwan Cement's PB Ratio of today is 1.07.

Good Sign:

Taiwan Cement Corp stock PB Ratio (=1.05) is close to 5-year low of 1.02

The historical rank and industry rank for Taiwan Cement's PB Ratio or its related term are showing as below:

TPE:1101' s PB Ratio Range Over the Past 10 Years
Min: 0.88 Med: 1.24 Max: 1.7
Current: 1.07

During the past 13 years, Taiwan Cement's highest PB Ratio was 1.70. The lowest was 0.88. And the median was 1.24.

TPE:1101's PB Ratio is ranked better than
56.35% of 378 companies
in the Building Materials industry
Industry Median: 1.22 vs TPE:1101: 1.07

During the past 12 months, Taiwan Cement's average Book Value Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Taiwan Cement was 12.70% per year. The lowest was -1.90% per year. And the median was 1.90% per year.

Back to Basics: PB Ratio

Taiwan Cement PB Ratio Historical Data

The historical data trend for Taiwan Cement's PB Ratio 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.

Taiwan Cement PB Ratio Chart

Taiwan Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.24

1.22

1.45

1.11

1.15

Taiwan Cement Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.11	1.19	1.28	1.08	1.15

Competitive Comparison of Taiwan Cement's PB Ratio

For the Building Materials subindustry, Taiwan Cement'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.

Taiwan Cement's PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiwan Cement's PB Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Cement's PB Ratio falls into.

Taiwan Cement PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Taiwan Cement's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	32.40	/	30.398
	=	1.07

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Taiwan Cement (TPE:1101) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Taiwan Cement PB Ratio Related Terms

Thank you for viewing the detailed overview of Taiwan Cement's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Taiwan Cement (TPE:1101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Taiwan Cement Corp (TPE:1101) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

1101B.PFD:Taiwan

Address

No.113, Zhongshan North Road, Section 2, Taipei, TWN, 104

Website

https://www.taiwancement.com

Taiwan Cement Corp operates in three primary segments: cement, Electricity and energy segment and Other segments. The cement segment involves production, processing and sale of cement goods. The Electricity and energy segment is engaged in power generation, energy storage and power business. The other segment includes land and marine transportation, production and sale of refractory materials, and others. The majority of revenue comes from Asia and Taiwan.

Taiwan Cement (TPE:1101) Headlines

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