Yang Ming Marine Transport (TPE:2609) Price-to-Tangible-Book : 0.64 (As of May. 07, 2024)

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What is Yang Ming Marine Transport Price-to-Tangible-Book?

As of today (2024-05-07), Yang Ming Marine Transport's share price is NT$50.60. Yang Ming Marine Transport's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$79.28. Hence, Yang Ming Marine Transport's Price to Tangible Book Ratio of today is 0.64.

The historical rank and industry rank for Yang Ming Marine Transport's Price-to-Tangible-Book or its related term are showing as below:

TPE:2609' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.64 Med: 1.04 Max: 2.6
Current: 0.64

During the past 13 years, Yang Ming Marine Transport's highest Price to Tangible Book Ratio was 2.60. The lowest was 0.64. And the median was 1.04.

TPE:2609's Price-to-Tangible-Book is ranked better than
83.45% of 876 companies
in the Transportation industry
Industry Median: 1.425 vs TPE:2609: 0.64

A closely related ratio is called PB Ratio. As of today, Yang Ming Marine Transport's share price is NT$50.60. Yang Ming Marine Transport's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$79.32. Hence, Yang Ming Marine Transport's P/B Ratio of today is 0.64.

Yang Ming Marine Transport Price-to-Tangible-Book Historical Data

The historical data trend for Yang Ming Marine Transport'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.

Yang Ming Marine Transport Price-to-Tangible-Book Chart

Yang Ming Marine Transport Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.15

2.60

1.81

0.67

0.65

Yang Ming Marine Transport Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.67	0.65	0.79	0.56	0.65

Competitive Comparison of Yang Ming Marine Transport's Price-to-Tangible-Book

For the Marine Shipping subindustry, Yang Ming Marine Transport'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.

Yang Ming Marine Transport's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yang Ming Marine Transport's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Yang Ming Marine Transport's Price-to-Tangible-Book falls into.

Yang Ming Marine Transport Price-to-Tangible-Book Calculation

Yang Ming Marine Transport's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	50.60	/	79.275
	=	0.64

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.

Yang Ming Marine Transport Price-to-Tangible-Book Related Terms

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

Yang Ming Marine Transport (TPE:2609) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Yang Ming Marine Transport Corp (TPE:2609) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No. 271, Ming De 1st Road, Qidu District, Keelung, TWN, 206

Website

https://www.yangming.com

Yang Ming Marine Transport Corp is a transportation and logistics company that is headquartered in Taiwan and operates in the container shipping industry. The company has three segments: containership, bulk shipping, and others. It generates revenue from contracts with customers for providing domestic and overseas marine container shipping and passenger services. The company also earns revenue from operating leases on ships, containers, and warehouses. It earns the largest portion of its sales from customers in America, followed by Europe and Asia.

Yang Ming Marine Transport (TPE:2609) Headlines

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