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FarGlory Life Insurance Co (ROCO:5859) Price-to-Tangible-Book : 0.47 (As of May. 21, 2024)


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What is FarGlory Life Insurance Co Price-to-Tangible-Book?

As of today (2024-05-21), FarGlory Life Insurance Co's share price is NT$14.30. FarGlory Life Insurance Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$30.54. Hence, FarGlory Life Insurance Co's Price to Tangible Book Ratio of today is 0.47.

The historical rank and industry rank for FarGlory Life Insurance Co's Price-to-Tangible-Book or its related term are showing as below:

ROCO:5859' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27   Med: 0.54   Max: 0.94
Current: 0.47

During the past 13 years, FarGlory Life Insurance Co's highest Price to Tangible Book Ratio was 0.94. The lowest was 0.27. And the median was 0.54.

ROCO:5859's Price-to-Tangible-Book is ranked better than
90.48% of 462 companies
in the Insurance industry
Industry Median: 1.335 vs ROCO:5859: 0.47

A closely related ratio is called PB Ratio. As of today, FarGlory Life Insurance Co's share price is NT$14.30. FarGlory Life Insurance Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$30.60. Hence, FarGlory Life Insurance Co's P/B Ratio of today is 0.47.


FarGlory Life Insurance Co Price-to-Tangible-Book Historical Data

The historical data trend for FarGlory Life Insurance Co'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.

FarGlory Life Insurance Co Price-to-Tangible-Book Chart

FarGlory Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.27 0.41 0.54 0.39

FarGlory Life Insurance Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 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 0.41 0.49 0.54 0.41 0.39

Competitive Comparison of FarGlory Life Insurance Co's Price-to-Tangible-Book

For the Insurance - Life subindustry, FarGlory Life Insurance Co'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.


FarGlory Life Insurance Co's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, FarGlory Life Insurance Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where FarGlory Life Insurance Co's Price-to-Tangible-Book falls into.



FarGlory Life Insurance Co Price-to-Tangible-Book Calculation

FarGlory Life Insurance Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=14.30/30.541
=0.47

* 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 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.


FarGlory Life Insurance Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of FarGlory Life Insurance Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


FarGlory Life Insurance Co (ROCO:5859) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Songgao Road, 28th Floor, Taipei, TWN
FarGlory Life Insurance Co Ltd is a Taiwan based life insurance company. The company offers products including personal life insurance, personal health insurance, personal accident insurance, annuity insurance, group insurance and investment-type insurance.

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