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Topview Optronics (ROCO:6556) Price-to-Tangible-Book : 2.03 (As of May. 23, 2024)


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What is Topview Optronics Price-to-Tangible-Book?

As of today (2024-05-23), Topview Optronics's share price is NT$95.40. Topview Optronics's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$46.95. Hence, Topview Optronics's Price to Tangible Book Ratio of today is 2.03.

The historical rank and industry rank for Topview Optronics's Price-to-Tangible-Book or its related term are showing as below:

ROCO:6556' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.64   Med: 1.28   Max: 3.72
Current: 2.07

During the past 11 years, Topview Optronics's highest Price to Tangible Book Ratio was 3.72. The lowest was 0.64. And the median was 1.28.

ROCO:6556's Price-to-Tangible-Book is ranked better than
50% of 870 companies
in the Business Services industry
Industry Median: 2.07 vs ROCO:6556: 2.07

A closely related ratio is called PB Ratio. As of today, Topview Optronics's share price is NT$95.40. Topview Optronics's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$46.97. Hence, Topview Optronics's P/B Ratio of today is 2.03.


Topview Optronics Price-to-Tangible-Book Historical Data

The historical data trend for Topview Optronics'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.

Topview Optronics Price-to-Tangible-Book Chart

Topview Optronics 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 1.29 1.17 1.89 2.47 1.88

Topview Optronics 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 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 3.72 2.68 1.81 1.88 1.82

Competitive Comparison of Topview Optronics's Price-to-Tangible-Book

For the Security & Protection Services subindustry, Topview Optronics'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.


Topview Optronics's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Topview Optronics's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Topview Optronics's Price-to-Tangible-Book falls into.



Topview Optronics Price-to-Tangible-Book Calculation

Topview Optronics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=95.40/46.945
=2.03

* 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.


Topview Optronics Price-to-Tangible-Book Related Terms

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


Topview Optronics (ROCO:6556) Business Description

Traded in Other Exchanges
N/A
Address
Number 10, Dacheng Road, Taoyuan District, Taoyuan, TWN, 33068
Topview Optronics Corp is involved in the manufacturing, trading, import and export of security monitors. Its products are IP cameras of 1,2,3-megapixel, speed dome, and accessories such as bracket.

Topview Optronics (ROCO:6556) Headlines

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