Formosa Petrochemical Corporation, together with its subsidiaries, engages in the petrochemical and public utility businesses in Taiwan, Korea, the Philippines, Singapore, Malaysia, Mainland China, and internationally. The company produces and sells petroleum and petrochemical products; and water, electricity, and steam. Its products include gasoline, diesel, liquefied petroleum gas, jet fuel/kerosene, naphtha, petrochemical raw material, fuel oil/asphalt/sulphur, base oil, and lubricants. The company is also involved in the exploration and production of oil and gas; leasing of ships; and investing activities, as well as provision of transportation services. Formosa Petrochemical Corporation was incorporated in 1992 and is headquartered in Mailiao, Taiwan.
P/B ratio for Formosa Petrochemical Corporation (6505.TW)
P/B ratio as of 2023: 2.29
According to Formosa Petrochemical Corporation's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.29. At the end of 2022 the company had a P/B ratio of 2.45.
P/B ratio history for Formosa Petrochemical Corporation from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.29 |
| 2022 | 2.45 |
| 2021 | 2.56 |
| 2020 | 3.09 |
| 2019 | 2.81 |
| 2018 | 2.91 |
| 2017 | 3.22 |
| 2016 | 3.45 |
| 2015 | 2.81 |
| 2014 | 2.73 |
| 2013 | 3.24 |
| 2012 | 4.05 |
| 2011 | 4.01 |
| 2010 | 3.85 |
| 2009 | 3.37 |
| 2008 | 3.23 |
| 2007 | 3.47 |
| 2006 | 3.04 |