Formosa Petrochemical
6505.TW
Formosa Petrochemical (6505.TW) - P/B ratio
P/B ratio as of April 2024 : 1.87
According to Formosa Petrochemical
's latest financial reports the company has a price-to-book ratio of 1.87.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Formosa Petrochemical - P/B ratio (from 2010 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.25 | -6.11% |
| 2022-12-31 | 2.40 | -4.92% |
| 2021-12-31 | 2.53 | -16.96% |
| 2020-12-31 | 3.04 | 9.36% |
| 2019-12-31 | 2.78 | -8.77% |
| 2018-12-31 | 3.05 | -4.15% |
| 2017-12-31 | 3.18 | -8.35% |
| 2016-12-31 | 3.47 | 23.29% |
| 2015-12-31 | 2.81 | 3.06% |
| 2014-12-31 | 2.73 | -15.76% |
| 2013-12-31 | 3.24 | -18.37% |
| 2012-12-31 | 3.97 | 1.47% |
| 2011-12-31 | 3.91 | 1.47% |
| 2010-12-31 | 3.86 |