Asia Cement (TPE:1102) PB Ratio : 0.90 (As of Apr. 27, 2024)

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What is Asia 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 (2024-04-27), Asia Cement's share price is NT$42.75. Asia Cement's Book Value per Share for the quarter that ended in Dec. 2023 was NT$47.70. Hence, Asia Cement's PB Ratio of today is 0.90.

Good Sign:

Asia Cement Corp stock PB Ratio (=0.88) is close to 5-year low of 0.81

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

TPE:1102' s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 0.94 Max: 1.56
Current: 0.89

During the past 13 years, Asia Cement's highest PB Ratio was 1.56. The lowest was 0.62. And the median was 0.94.

TPE:1102's PB Ratio is ranked better than
64.64% of 379 companies
in the Building Materials industry
Industry Median: 1.23 vs TPE:1102: 0.89

During the past 12 months, Asia Cement's average Book Value Per Share Growth Rate was 5.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asia Cement was 19.60% per year. The lowest was -3.50% per year. And the median was 2.80% per year.

Back to Basics: PB Ratio

Asia Cement PB Ratio Historical Data

The historical data trend for Asia 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.

Asia Cement PB Ratio Chart

Asia Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.10

0.98

1.00

0.90

0.87

Asia 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															0.90	0.98	0.98	0.84	0.87

Competitive Comparison of Asia Cement's PB Ratio

For the Building Materials subindustry, Asia 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.

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

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

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

Asia 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	42.75	/	47.7
	=	0.90

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.

Asia Cement (TPE:1102) 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.

Asia Cement PB Ratio Related Terms

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Asia Cement (TPE:1102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Asia Cement Corp (TPE:1102) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 207, Dunhua South Road, 30th-31st Floor, Section 2, Daan District, Taipei, TWN, 106

Website

https://www.acc.com.tw

Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries. The firm also provides a range of services that include industrial plant development, real estate, real estate leasing, warehousing, parking management, waste disposal, and international trade. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, plaster, and silica sand. The majority of revenue comes from Taiwan and China. Its reportable segments are as follows: Cement, electric power, investment, engineering, transportation, stainless steel, and leasing.

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