Veeco Instruments's book value per share for the quarter that ended in Dec. 2023 was $11.93.
During the past 12 months, Veeco Instruments's average Book Value Per Share Growth Rate was 6.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -7.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Veeco Instruments was 41.00% per year. The lowest was -22.20% per year. And the median was -1.80% per year.
Veeco Instruments's current price is $34.07. Its book value per share for the quarter that ended in Dec. 2023 was $11.93. Hence, today's PB Ratio of Veeco Instruments is 2.86.
During the past 13 years, the highest P/B Ratio of Veeco Instruments was 3.70. The lowest was 0.54. And the median was 1.74.
Veeco Instruments Book Value per Share Historical Data
The historical data trend for Veeco Instruments's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Semiconductor Equipment & Materials subindustry, Veeco Instruments's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Veeco Instruments PB Ratio Distribution
For the Semiconductors industry and Technology sector, Veeco Instruments's PB Ratio distribution charts can be found below:
* The bar in red indicates where Veeco Instruments's PB Ratio falls into.
Veeco Instruments Book Value per Share Calculation
Veeco Instruments's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Veeco Instruments (NAS:VECO) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Veeco Instruments Book Value per Share Related Terms
Thank you for viewing the detailed overview of Veeco Instruments's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Veeco Instruments (Veeco Instruments) Business Description
Veeco Instruments Inc is a United States-based company that is principally engaged in designing, developing, and manufacturing thin-film process equipment, which is mainly used to produce electronic devices. The company's product categories by market consist of lighting, display, and power electronics; advanced packaging; MEMS and RF; scientific and industrial; and data storage. The lighting, display, and power electronics market accounts for over half of the total revenue. The company offers products and services in the United States; China; Europe, the Middle East, and Africa, or EMEA; and the rest of the world, with overseas markets contributing the majority of total revenue.
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