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Taiwan Secom Co (TPE:9917) PB Ratio : 4.61 (As of May. 13, 2024)


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What is Taiwan Secom Co 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 (2024-05-13), Taiwan Secom Co's share price is NT$131.00. Taiwan Secom Co's Book Value per Share for the quarter that ended in Dec. 2023 was NT$28.39. Hence, Taiwan Secom Co's PB Ratio of today is 4.61.

Warning Sign:

Taiwan Secom Co Ltd stock PB Ratio (=4.61) is close to 10-year high of 4.61

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

TPE:9917' s PB Ratio Range Over the Past 10 Years
Min: 3   Med: 3.82   Max: 4.61
Current: 4.61

During the past 13 years, Taiwan Secom Co's highest PB Ratio was 4.61. The lowest was 3.00. And the median was 3.82.

TPE:9917's PB Ratio is ranked worse than
83.33% of 1026 companies
in the Business Services industry
Industry Median: 1.8 vs TPE:9917: 4.61

During the past 12 months, Taiwan Secom Co's average Book Value Per Share Growth Rate was 4.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Taiwan Secom Co was 5.70% per year. The lowest was -2.00% per year. And the median was 3.60% per year.

Back to Basics: PB Ratio


Taiwan Secom Co PB Ratio Historical Data

The historical data trend for Taiwan Secom Co'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 Secom Co PB Ratio Chart

Taiwan Secom Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.65 3.48 3.95 3.67 4.12

Taiwan Secom Co 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 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 3.67 3.66 4.52 3.97 4.12

Competitive Comparison of Taiwan Secom Co's PB Ratio

For the Security & Protection Services subindustry, Taiwan Secom Co'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 Secom Co's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Taiwan Secom Co's PB Ratio distribution charts can be found below:

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



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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=131.00/28.392
=4.61

* 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 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 Secom Co  (TPE:9917) 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 Secom Co PB Ratio Related Terms

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


Taiwan Secom Co (TPE:9917) Business Description

Traded in Other Exchanges
N/A
Address
No. 139, Zhengzhou Road, 6th Floor, Taipei, TWN
Taiwan Secom Co Ltd is involved in security and protection services. The company has four operating segments; the Electronic system segment engages in security system-related services, the Security guard service segment engages in security guarding related services, the Cash delivery service segment engages in cash delivery service, and the Logistics service segment engages in logistic service. It generates maximum revenue from the Electronic System segment. Geographically, it derives a majority of its revenue from Taiwan.

Taiwan Secom Co (TPE:9917) Headlines

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