Tower Semiconductor (Tower Semiconductor) Price-to-Tangible-Book

: 1.42 (As of Today)

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As of today (2024-04-19), Tower Semiconductor's share price is $31.00. Tower Semiconductor's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $21.79. Hence, Tower Semiconductor's Price to Tangible Book Ratio of today is 1.42.

The historical rank and industry rank for Tower Semiconductor's Price-to-Tangible-Book or its related term are showing as below:

TSEM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.27 Med: 2.29 Max: 5.19
Current: 1.43

During the past 13 years, Tower Semiconductor's highest Price to Tangible Book Ratio was 5.19. The lowest was 1.27. And the median was 2.29.

TSEM's Price-to-Tangible-Book is ranked better than
77.04% of 945 companies
in the Semiconductors industry
Industry Median: 2.53 vs TSEM: 1.43

A closely related ratio is called PB Ratio. As of today, Tower Semiconductor's share price is $31.00. Tower Semiconductor's Book Value per Sharefor the quarter that ended in Dec. 2023 was $21.90. Hence, Tower Semiconductor's P/B Ratio of today is 1.42.

Tower Semiconductor Price-to-Tangible-Book Historical Data

The historical data trend for Tower Semiconductor's Price-to-Tangible-Book 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.

* Premium members only.

Tower Semiconductor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.93

1.94

2.68

2.53

1.40

Tower Semiconductor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																2.53	2.38	2.07	1.16	1.40

Competitive Comparison

For the Semiconductors subindustry, Tower Semiconductor's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Tower Semiconductor Price-to-Tangible-Book Distribution

For the Semiconductors industry and Technology sector, Tower Semiconductor's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tower Semiconductor's Price-to-Tangible-Book falls into.

Tower Semiconductor Price-to-Tangible-Book Calculation

Tower Semiconductor's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	31.00	/	21.79
	=	1.42

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Tower Semiconductor Price-to-Tangible-Book Related Terms

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Tower Semiconductor (Tower Semiconductor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tower Semiconductor Ltd (NAS:TSEM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TSEM:Israel TOW:Germany

Address

20 Shaul Amor Avenue, P.O. Box 619, Ramat Gavriel Industrial Park, Migdal Haemek, ISR, 2310502

Website

https://www.towersemi.com

Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs), based on the design specifications of customers. The company's line of integrated circuits is incorporated into a variety of products and markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. Tower produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. As a complement to its technology offerings, Tower offers services that enable a quick and accurate design cycle. To further assist customers with design and technical support, an integrated team helps clients through the manufacturing cycle.