Delta Electronics (TPE:2308) PB Ratio : 4.03 (As of May. 04, 2024)

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What is Delta Electronics 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 (2024-05-04), Delta Electronics's share price is NT$327.50. Delta Electronics's Book Value per Share for the quarter that ended in Mar. 2024 was NT$81.27. Hence, Delta Electronics's PB Ratio of today is 4.03.

Good Sign:

Delta Electronics Inc stock PB Ratio (=4.03) is close to 1-year low of 3.67

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

TPE:2308' s PB Ratio Range Over the Past 10 Years
Min: 2.18 Med: 3.86 Max: 5.83
Current: 4.03

During the past 13 years, Delta Electronics's highest PB Ratio was 5.83. The lowest was 2.18. And the median was 3.86.

TPE:2308's PB Ratio is ranked worse than
83.63% of 2389 companies
in the Hardware industry
Industry Median: 1.87 vs TPE:2308: 4.03

During the past 12 months, Delta Electronics's average Book Value Per Share Growth Rate was 9.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Delta Electronics was 12.20% per year. The lowest was 1.60% per year. And the median was 6.70% per year.

Back to Basics: PB Ratio

Delta Electronics PB Ratio Historical Data

The historical data trend for Delta Electronics'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.

Delta Electronics PB Ratio Chart

Delta Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

2.81

4.68

4.61

3.98

4.09

Delta Electronics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															4.05	5.05	4.27	4.09	4.21

Competitive Comparison of Delta Electronics's PB Ratio

For the Electronic Components subindustry, Delta Electronics'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.

Delta Electronics's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Delta Electronics's PB Ratio distribution charts can be found below:

* The bar in red indicates where Delta Electronics's PB Ratio falls into.

Delta Electronics 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.

Delta Electronics's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	327.50	/	81.273
	=	4.03

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.

Delta Electronics (TPE:2308) 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.

Delta Electronics PB Ratio Related Terms

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Delta Electronics (TPE:2308) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Delta Electronics Inc (TPE:2308) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 186, Ruey Kuang Road, Neihu District, Taipei, TWN, 11491

Website

https://www.deltaww.com

Founded in 1971, Delta Electronics, or Delta, is the largest industrial power system supplier globally. It positions itself as a solutions provider in telecom power, renewable energy, surveillance systems, new energy vehicles power systems, smart building, industrial automation, and data centers. Delta also trades under Innergie, Loytec, Delta Controls and Amerlux. The company's headquarters are in Taipei, Taiwan, and employs over 11,000 people in 30 countries. A group of Delta's subsidiaries consolidated under Delta Electronics (Thailand) Public Company Limited, or DET, is listed on the Stock Exchange of Thailand. DET is 63.1% owned by Delta. The company owns 56.75% of surveillance system provider Vivotek (3454 TW).

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