Formosa Taffeta Co., Ltd.
1434.TW

$1.03 B
Marketcap
$0.61
Share price
Country
$0.00
Change (1 day)
$0.79
Year High
$0.58
Year Low

Formosa Taffeta Co., Ltd. operates in the textile industry in Asia. It operates through three segments: First Business Group, Cord Fabric Department, and Gasoline Department. The company engages in researching, developing, warping, sizing, beaming, twisting, designing, weaving, dyeing, printing, and finishing fabrics and textured yarns. It provides polyamine, polyester, sports, functional, and medical fabrics; tire cord fabrics, base cloths of conveyor ducks, chafers for tire-lips, anti-puncture fabric for bikes, lining fabric, etc.; cotton, blended, and MVS yarns; and nano far infrared ray, nano anion, germanium, fine diner, hollow section insulation, low-pilling, functional, comfort, eco-friendly, protective, and flame resistance fabrics, as well as protective fabrics of uniforms for military, police, and firefighter applications. The company also offers medical protective antibacterial, bullet proof, anti-puncture, carbon fiber fabrics, and PE plastic bags. In addition, it operates gasoline stations; and offers petroleum, as well as car washing services. The company was formerly known as Formosa Fiber Co., Ltd. and changed its name to Formosa Taffeta Co., Ltd. in January 1979. Formosa Taffeta Co., Ltd. was incorporated in 1973 and is headquartered in Douliu, Taiwan.

marketcap

P/B ratio for Formosa Taffeta Co., Ltd. (1434.TW)

P/B ratio as of 2023: 0.78

According to Formosa Taffeta Co., Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.78. At the end of 2022 the company had a P/B ratio of 0.81.

P/B ratio history for Formosa Taffeta Co., Ltd. from 2006 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 0.78
2022 0.81
2021 0.79
2020 0.85
2019 0.90
2018 0.83
2017 0.76
2016 0.74
2015 0.96
2014 1.07
2013 1.18
2012 0.93
2011 0.87
2010 0.83
2009 0.85
2008 0.66
2007 0.90
2006 0.85