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Minebea Mitsumi (Minebea Mitsumi) Price-to-Tangible-Book : 1.86 (As of Apr. 26, 2024)


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What is Minebea Mitsumi Price-to-Tangible-Book?

As of today (2024-04-26), Minebea Mitsumi's share price is $38.18. Minebea Mitsumi's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $20.54. Hence, Minebea Mitsumi's Price to Tangible Book Ratio of today is 1.86.

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

MNBEY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31   Med: 2.22   Max: 3.38
Current: 1.85

During the past 13 years, Minebea Mitsumi's highest Price to Tangible Book Ratio was 3.38. The lowest was 1.31. And the median was 2.22.

MNBEY's Price-to-Tangible-Book is ranked better than
50.52% of 2304 companies
in the Hardware industry
Industry Median: 2.01 vs MNBEY: 1.85

A closely related ratio is called PB Ratio. As of today, Minebea Mitsumi's share price is $38.18. Minebea Mitsumi's Book Value per Sharefor the quarter that ended in Dec. 2023 was $22.82. Hence, Minebea Mitsumi's P/B Ratio of today is 1.67.


Minebea Mitsumi Price-to-Tangible-Book Historical Data

The historical data trend for Minebea Mitsumi'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.

Minebea Mitsumi Price-to-Tangible-Book Chart

Minebea Mitsumi Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 1.84 2.94 2.23 -

Minebea Mitsumi 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.54 - - - -

Competitive Comparison of Minebea Mitsumi's Price-to-Tangible-Book

For the Electronic Components subindustry, Minebea Mitsumi'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.


Minebea Mitsumi's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Minebea Mitsumi's Price-to-Tangible-Book distribution charts can be found below:

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



Minebea Mitsumi Price-to-Tangible-Book Calculation

Minebea Mitsumi's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=38.18/20.544
=1.86

* 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.

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

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.


Minebea Mitsumi Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Minebea Mitsumi's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Minebea Mitsumi (Minebea Mitsumi) Business Description

Traded in Other Exchanges
Address
3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330
Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.

Minebea Mitsumi (Minebea Mitsumi) Headlines

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