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Top Bright Holding Co Ltd
TWSE:8499

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Top Bright Holding Co Ltd
TWSE:8499
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Price: 264 TWD -6.55%
Market Cap: NT$10.9B

P/B

1.4
Current
120%
More Expensive
vs 3-y average of 0.6

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.

P/B
1.4
=
Market Cap
NT$11.7B
/
Total Equity
NT$7.7B

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.

P/B
1.4
=
Market Cap
NT$11.7B
/
Total Equity
NT$7.7B

Valuation Scenarios

Top Bright Holding Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (0.6), the stock would be worth NT$120.16 (54% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-54%
Maximum Upside
+42%
Average Upside
1%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.4 NT$264
0%
3-Year Average 0.6 NT$120.16
-54%
5-Year Average 1.3 NT$247
-6%
Industry Average 2 NT$374.17
+42%
Country Average 1.7 NT$322.64
+22%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Taiwan
Percentile
37th
Based on 866 companies
37th percentile
1.4
Low
0.4 — 1.3
Typical Range
1.3 — 2.5
High
2.5 —
Distribution Statistics
Taiwan
Min 0.4
30th Percentile 1.3
Median 1.7
70th Percentile 2.5
Max 156.9

Top Bright Holding Co Ltd
Glance View

Market Cap
10.9B TWD
Industry
Electrical Equipment

Top Bright Holding Co., Ltd. engages in the manufacture, marketing, research and development of electronic scales and electronic materials. The company is headquartered in Taipei, New Taipei. The company went IPO on 2017-11-24. The firm mainly operates through two business segments. The Weighing segment is a weighing manufacturer primarily involved in the research, development, manufacture and sale of electronic weighing and intelligent weighing system. The Materials segment is engaged in the research, development, manufacture and sale of EMI shielding materials. The firm sells its products under the brand name T-Scale.

Intrinsic Value
123.55 TWD
Overvaluation 53%
Intrinsic Value
Price NT$264
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