Elite Material Co Ltd
TWSE:2383
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (5.8), the stock would be worth NT$791.48 (81% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 29.8 | NT$4 100 |
0%
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| 3-Year Average | 5.8 | NT$791.48 |
-81%
|
| 5-Year Average | 4.8 | NT$663.39 |
-84%
|
| Industry Average | 2 | NT$274.97 |
-93%
|
| Country Average | 1.7 | NT$237.1 |
-94%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| TW |
|
Elite Material Co Ltd
TWSE:2383
|
1.5T TWD | 29.8 | 102.8 | |
| US |
I
|
II-VI Inc
LSE:0LHO
|
522.4B USD | 61.2 | 2 717.6 | |
| JP |
|
Canon Electronics Inc
TSE:7739
|
40.9T JPY | 1.2 | 22.9 | |
| US |
|
Amphenol Corp
NYSE:APH
|
183.6B USD | 13.7 | 43 | |
| TW |
|
Delta Electronics Inc
TWSE:2308
|
5.1T TWD | 18.7 | 83.5 | |
| US |
|
Corning Inc
NYSE:GLW
|
142.1B USD | 12 | 89 | |
| TH |
|
Delta Electronics Thailand PCL
SET:DELTA
|
3.6T THB | 37.4 | 145.8 | |
| CN |
|
Eoptolink Technology Inc Ltd
SZSE:300502
|
604.6B CNY | 33.7 | 56.3 | |
| CN |
|
Luxshare Precision Industry Co Ltd
SZSE:002475
|
493.8B CNY | 5.8 | 29.7 | |
| US |
|
Coherent Corp
NYSE:COHR
|
63B USD | 7.4 | 330.6 | |
| JP |
|
Murata Manufacturing Co Ltd
TSE:6981
|
9T JPY | 3.4 | 47.3 |
Market Distribution
| Min | 0.4 |
| 30th Percentile | 1.3 |
| Median | 1.7 |
| 70th Percentile | 2.5 |
| Max | 156.9 |
Other Multiples
Elite Material Co Ltd
Glance View
Elite Material Co Ltd, founded in 1992, is a fascinating example of innovation meeting industrial demand in the competitive world of electronic materials. With headquarters nestled in Taiwan, the company made its mark in the highly specialized market of copper-clad laminates—crucial components in the ever-expanding electronics industry. These laminates are essentially layers of copper on an insulating substrate and serve as foundational materials for printed circuit boards (PCBs), which are the backbone of virtually all electronic devices. Elite Material's expertise lies in producing high-performance laminates that cater to a broad spectrum of industries, including consumer electronics, telecommunications, automotive, and more. Their laminates are widely acclaimed for their excellent thermal management and reliability, characteristics highly desirable in the modern landscape of miniaturized and high-power-demand electronics. The business model of Elite Material Co Ltd is cleverly integrated, combining robust research and development with large-scale production capabilities. The company invests heavily in R&D to stay ahead of technological advances and maintain a competitive edge. This focus on innovation ensures that they can meet the rigorous standards required by cutting-edge electronics. Furthermore, Elite Material's production facilities are strategically located, enhancing efficiency and distribution to global markets. By establishing strong relationships with key players in the electronics manufacturing ecosystem, such as original equipment manufacturers (OEMs) and electronic manufacturing services (EMS) providers, the company efficiently monetizes its technological advancements. Revenue generation is predominantly through sales of these high-quality laminates, which form an indispensable part of the electronic manufacturing supply chain, thus solidifying Elite Material’s pivotal role in powering the world’s technology.