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Argo Yachts Development Co (ROCO:7566) Price-to-Tangible-Book : 1.37 (As of May. 20, 2024)


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What is Argo Yachts Development Co Price-to-Tangible-Book?

As of today (2024-05-20), Argo Yachts Development Co's share price is NT$30.40. Argo Yachts Development Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$22.12. Hence, Argo Yachts Development Co's Price to Tangible Book Ratio of today is 1.37.

The historical rank and industry rank for Argo Yachts Development Co's Price-to-Tangible-Book or its related term are showing as below:

ROCO:7566' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.37   Med: 1.79   Max: 2.96
Current: 1.37

During the past 6 years, Argo Yachts Development Co's highest Price to Tangible Book Ratio was 2.96. The lowest was 1.37. And the median was 1.79.

ROCO:7566's Price-to-Tangible-Book is ranked better than
60.33% of 668 companies
in the Travel & Leisure industry
Industry Median: 1.86 vs ROCO:7566: 1.37

A closely related ratio is called PB Ratio. As of today, Argo Yachts Development Co's share price is NT$30.40. Argo Yachts Development Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$23.72. Hence, Argo Yachts Development Co's P/B Ratio of today is 1.28.


Argo Yachts Development Co Price-to-Tangible-Book Historical Data

The historical data trend for Argo Yachts Development 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.

Argo Yachts Development Co Price-to-Tangible-Book Chart

Argo Yachts Development Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 2.96 2.14 1.43 1.39

Argo Yachts Development Co Semi-Annual Data
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 2.14 1.77 1.43 1.66 1.39

Competitive Comparison of Argo Yachts Development Co's Price-to-Tangible-Book

For the Leisure subindustry, Argo Yachts Development 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.


Argo Yachts Development Co's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Argo Yachts Development Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Argo Yachts Development Co's Price-to-Tangible-Book falls into.



Argo Yachts Development Co Price-to-Tangible-Book Calculation

Argo Yachts Development 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 )
=30.40/22.12
=1.37

* 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.


Argo Yachts Development Co Price-to-Tangible-Book Related Terms

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


Argo Yachts Development Co (ROCO:7566) Business Description

Traded in Other Exchanges
N/A
Address
No. 777, Sector 2, Xingang Road, Anping District, Tainan, TWN, 708
Argo Yachts Development Co Ltd is engaged in operation of membership yacht club to provide diversified services such as berth, escrow and maintenance.

Argo Yachts Development Co (ROCO:7566) Headlines

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