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Formosan Union Chemical (TPE:1709) Price-to-Tangible-Book : 1.19 (As of May. 17, 2024)


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What is Formosan Union Chemical Price-to-Tangible-Book?

As of today (2024-05-17), Formosan Union Chemical's share price is NT$20.35. Formosan Union Chemical's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$17.09. Hence, Formosan Union Chemical's Price to Tangible Book Ratio of today is 1.19.

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

TPE:1709' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 1.07   Max: 1.46
Current: 1.23

During the past 13 years, Formosan Union Chemical's highest Price to Tangible Book Ratio was 1.46. The lowest was 0.87. And the median was 1.07.

TPE:1709's Price-to-Tangible-Book is ranked better than
68.85% of 1483 companies
in the Chemicals industry
Industry Median: 1.84 vs TPE:1709: 1.23

A closely related ratio is called PB Ratio. As of today, Formosan Union Chemical's share price is NT$20.35. Formosan Union Chemical's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$17.29. Hence, Formosan Union Chemical's P/B Ratio of today is 1.18.


Formosan Union Chemical Price-to-Tangible-Book Historical Data

The historical data trend for Formosan Union Chemical'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.

Formosan Union Chemical Price-to-Tangible-Book Chart

Formosan Union Chemical 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 0.90 1.05 1.46 1.30 1.26

Formosan Union Chemical 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 1.44 1.51 1.27 1.26 1.14

Competitive Comparison of Formosan Union Chemical's Price-to-Tangible-Book

For the Chemicals subindustry, Formosan Union Chemical'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.


Formosan Union Chemical's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Formosan Union Chemical's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Formosan Union Chemical's Price-to-Tangible-Book falls into.



Formosan Union Chemical Price-to-Tangible-Book Calculation

Formosan Union Chemical's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=20.35/17.094
=1.19

* 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.


Formosan Union Chemical Price-to-Tangible-Book Related Terms

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


Formosan Union Chemical (TPE:1709) Business Description

Traded in Other Exchanges
N/A
Address
No.206, Nanking East Road, 14th Floor, Section 2, Taipei, TWN
Formosan Union Chemical Corp is a Taiwan-based company principally engaged in the manufacturing, processing, and trading of chemical products. Its key products are alkyl benzene, nonyl phenol, and hydrogenated hydrocarbon resin and its derivatives. The products are mainly used as raw materials for detergents, surfactants rubbers, and plastic anti-oxidant agents, among others.

Formosan Union Chemical (TPE:1709) Headlines

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