Solar Applied Materials Technology (ROCO:1785) Price-to-Tangible-Book : 1.95 (As of May. 18, 2024)

View and export this data going back to 2005. Start your Free Trial

What is Solar Applied Materials Technology Price-to-Tangible-Book?

As of today (2024-05-18), Solar Applied Materials Technology's share price is NT$43.80. Solar Applied Materials Technology's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$22.48. Hence, Solar Applied Materials Technology's Price to Tangible Book Ratio of today is 1.95.

The historical rank and industry rank for Solar Applied Materials Technology's Price-to-Tangible-Book or its related term are showing as below:

ROCO:1785' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83 Med: 1.66 Max: 2.7
Current: 1.95

During the past 13 years, Solar Applied Materials Technology's highest Price to Tangible Book Ratio was 2.70. The lowest was 0.83. And the median was 1.66.

ROCO:1785's Price-to-Tangible-Book is ranked better than
55.01% of 2832 companies
in the Industrial Products industry
Industry Median: 2.14 vs ROCO:1785: 1.95

A closely related ratio is called PB Ratio. As of today, Solar Applied Materials Technology's share price is NT$43.80. Solar Applied Materials Technology's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$22.53. Hence, Solar Applied Materials Technology's P/B Ratio of today is 1.94.

Solar Applied Materials Technology Price-to-Tangible-Book Historical Data

The historical data trend for Solar Applied Materials Technology'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.

Solar Applied Materials Technology Price-to-Tangible-Book Chart

Solar Applied Materials Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.44

2.65

2.50

1.50

1.79

Solar Applied Materials Technology 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															1.69	1.84	1.69	1.79	2.22

Competitive Comparison of Solar Applied Materials Technology's Price-to-Tangible-Book

For the Metal Fabrication subindustry, Solar Applied Materials Technology'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.

Solar Applied Materials Technology's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solar Applied Materials Technology's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Solar Applied Materials Technology's Price-to-Tangible-Book falls into.

Solar Applied Materials Technology Price-to-Tangible-Book Calculation

Solar Applied Materials Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	43.80	/	22.476
	=	1.95

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Solar Applied Materials Technology Price-to-Tangible-Book Related Terms

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

Solar Applied Materials Technology (ROCO:1785) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solar Applied Materials Technology Corp (ROCO:1785) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Gongye 3rd Road, Annan District, Tainan, TWN, 70955

Website

https://www.solartech.com.tw

Solar Applied Materials Technology Corp is an optical data storage thin-film manufacturer. It is engaged in precious metal and rare material refining, special forming, and processing. The company offers key materials and integrated service models to customers for application in optoelectronics, information, petrochemicals, and consumer electronics industries. The products of the firm are classified into four categories, namely precious chemicals, and materials; special chemicals; resources recycling; and targets for thin film application. The group operates In Taiwan and internationally.

Solar Applied Materials Technology (ROCO:1785) Headlines

No Headlines