E-Elements Technology Co (ROCO:6842) Price-to-Tangible-Book : 3.85 (As of Jun. 10, 2024)

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What is E-Elements Technology Co Price-to-Tangible-Book?

As of today (2024-06-10), E-Elements Technology Co's share price is NT$52.70. E-Elements Technology Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$13.68. Hence, E-Elements Technology Co's Price to Tangible Book Ratio of today is 3.85.

The historical rank and industry rank for E-Elements Technology Co's Price-to-Tangible-Book or its related term are showing as below:

ROCO:6842' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.85 Med: 4.51 Max: 7.6
Current: 3.85

During the past 6 years, E-Elements Technology Co's highest Price to Tangible Book Ratio was 7.60. The lowest was 3.85. And the median was 4.51.

ROCO:6842's Price-to-Tangible-Book is ranked worse than
78.31% of 2301 companies
in the Hardware industry
Industry Median: 2.06 vs ROCO:6842: 3.85

A closely related ratio is called PB Ratio. As of today, E-Elements Technology Co's share price is NT$52.70. E-Elements Technology Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$14.65. Hence, E-Elements Technology Co's P/B Ratio of today is 3.60.

E-Elements Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for E-Elements Technology 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.

E-Elements Technology Co Price-to-Tangible-Book Chart

E-Elements Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

7.60

4.51

4.42

E-Elements Technology Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					7.60	5.26	4.51	7.05	4.42

Competitive Comparison of E-Elements Technology Co's Price-to-Tangible-Book

For the Electronic Components subindustry, E-Elements Technology 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.

E-Elements Technology Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, E-Elements Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where E-Elements Technology Co's Price-to-Tangible-Book falls into.

E-Elements Technology Co Price-to-Tangible-Book Calculation

E-Elements Technology 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 )
	=	52.70	/	13.676
	=	3.85

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.

E-Elements Technology Co Price-to-Tangible-Book Related Terms

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

E-Elements Technology Co (ROCO:6842) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » E-Elements Technology Co Ltd (ROCO:6842) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

Ruiguang Road, No.61, Lane 76, Neihu District, Taipei, TWN

Website

http://www.e-elements.com

E-Elements Technology Co Ltd is engaged in the advanced field programmable gate array system design, training, technological consultation services, and supplying laboratory equipment of universities. The company aims at establishing long-term strategic partnership with programmable logic device/ system on chip manufacturers to offer design services to customers with high-tech and competitive solutions and cooperate with universities, research institutes and enterprises on new technology popularization.

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