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Fortune Oriental Co (TPE:2491) Price-to-Tangible-Book : 1.55 (As of Jun. 05, 2024)


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What is Fortune Oriental Co Price-to-Tangible-Book?

As of today (2024-06-05), Fortune Oriental Co's share price is NT$15.80. Fortune Oriental Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$10.22. Hence, Fortune Oriental Co's Price to Tangible Book Ratio of today is 1.55.

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

TPE:2491' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.57   Med: 1.15   Max: 2.1
Current: 1.55

During the past 13 years, Fortune Oriental Co's highest Price to Tangible Book Ratio was 2.10. The lowest was 0.57. And the median was 1.15.

TPE:2491's Price-to-Tangible-Book is ranked better than
55.24% of 391 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.75 vs TPE:2491: 1.55

A closely related ratio is called PB Ratio. As of today, Fortune Oriental Co's share price is NT$15.80. Fortune Oriental Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$10.33. Hence, Fortune Oriental Co's P/B Ratio of today is 1.53.

Fortune Oriental Co Price-to-Tangible-Book Historical Data

The historical data trend for Fortune Oriental 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.

Fortune Oriental Co Price-to-Tangible-Book Chart

Fortune Oriental 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 0.75 0.72 1.48 1.19 1.40

Fortune Oriental Co 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 1.16 1.62 1.50 1.40 1.45

Competitive Comparison of Fortune Oriental Co's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, Fortune Oriental 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.

Fortune Oriental Co's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fortune Oriental Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Fortune Oriental Co's Price-to-Tangible-Book falls into.


Fortune Oriental Co Price-to-Tangible-Book Calculation

Fortune Oriental Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=15.80/10.216
=1.55

* 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:

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.

Fortune Oriental Co Price-to-Tangible-Book Related Terms

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

Fortune Oriental Co (TPE:2491) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Fortune Oriental Co Ltd (TPE:2491) » Definitions » Price-to-Tangible-Book
Comparable Companies
ROCO:4972 ROCO:2938 ROCO:8066 ROCO:6222 ROCO:4950 ROCO:6616 ROCO:6629 TPE:6807 TPE:4930 TPE:1626 SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SZSE:002032 WHR SN XPAR:SK
Traded in Other Exchanges
N/A
Address
Zhongzheng Road, No. 6, Lane 54, Xindian District, Taoyuan, TWN, 231041
Website
https://www.focl.com.tw
Fortune Oriental Co Ltd is principally engaged in the manufacturing and distribution of lighting applications and the distribution and reselling of electronic components. It also imports and export trade of products multimedia information products. Its segments include Electronics multimedia, Investment, Optoelectronic, and others. It generates the majority of its revenue from Investment segment.

Fortune Oriental Co (TPE:2491) Headlines

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