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Solitron Devices (Solitron Devices) Price-to-Tangible-Book : 3.39 (As of Apr. 26, 2024)


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What is Solitron Devices Price-to-Tangible-Book?

As of today (2024-04-26), Solitron Devices's share price is $18.15. Solitron Devices's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $5.35. Hence, Solitron Devices's Price to Tangible Book Ratio of today is 3.39.

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

SODI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72   Med: 1.03   Max: 3.39
Current: 3.39

During the past 13 years, Solitron Devices's highest Price to Tangible Book Ratio was 3.39. The lowest was 0.72. And the median was 1.03.

SODI's Price-to-Tangible-Book is ranked worse than
63.29% of 948 companies
in the Semiconductors industry
Industry Median: 2.57 vs SODI: 3.39

A closely related ratio is called PB Ratio. As of today, Solitron Devices's share price is $18.15. Solitron Devices's Book Value per Sharefor the quarter that ended in Nov. 2023 was $5.46. Hence, Solitron Devices's P/B Ratio of today is 3.32.


Solitron Devices Price-to-Tangible-Book Historical Data

The historical data trend for Solitron Devices'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.

Solitron Devices Price-to-Tangible-Book Chart

Solitron Devices Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb19 Feb20 Feb21 Feb22 Feb23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 1.04 2.03 2.00 1.86

Solitron Devices Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 1.82 1.86 1.96 2.01 2.58

Competitive Comparison of Solitron Devices's Price-to-Tangible-Book

For the Semiconductor Equipment & Materials subindustry, Solitron Devices'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.


Solitron Devices's Price-to-Tangible-Book Distribution in the Semiconductors Industry

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

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



Solitron Devices Price-to-Tangible-Book Calculation

Solitron Devices's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=18.15/5.352
=3.39

* 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.


Solitron Devices Price-to-Tangible-Book Related Terms

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


Solitron Devices (Solitron Devices) Business Description

Traded in Other Exchanges
N/A
Address
901 Sansburys Way, West Palm Beach, FL, USA, 33411
Solitron Devices Inc designs, develop, manufactures, and markets solid-state semiconductor components and related devices mainly for the military and aerospace markets. It manufactures a large variety of bipolar and metal oxide semiconductor (MOS) power transistors, power and control hybrids, junction and power MOS field-effect transistors (Power MOSFETS), field effect transistors, and other related products. It derives the majority of its revenues from its business operations in the United States, while it also holds a presence in Canada, Latin America, the Far East, and the Middle East.
Executives
Howard Timothy Eriksen director 567 WILDROSE CIRCLE, LYNDEN WA 98264
Mark Matson officer: President and COO 600 S. ROCKFORD DRIVE, TEMPE AZ 85281
Olesen Value Fund Gp Llc 10 percent owner C/O OLESEN CAPITAL MANAGEMENT LLC, 185 HUDSON STREET, SUITE 2539, JERSEY CITY NJ 07311
David William Pointer director PO BOX 402, NEWMAN LAKE WA 99025
Christian Olesen 10 percent owner C/O OLESEN CAPITAL MANAGEMENT LLC, 185 HUDSON STREET, SUITE 2539, JERSEY CITY NJ 07311
Olesen Capital Management Llc 10 percent owner 185 HUDSON STREET, SUITE 2539, JERSEY CITY NJ 07311
Olesen Value Fund L.p. 10 percent owner C/O OLESEN CAPITAL MANAGEMENT LLC, 185 HUDSON STREET, SUITE 2539, JERSEY CITY NJ 07311
John Stayduhar other: Shareholder C/O JOHN FARINA, 1601 FORUM PL. #900, WEST PALM BEACH FL 33401
Charles M Gillman director 1223 WILSHIRE BOULEVARD, OFFICE 648, SANTA MONICA CA 90402
Cedar Creek Partners Llc other: Shareholder 8695 GLENDALE RD., CUSTER WA 98240
Eriksen Capital Management Llc other: Shareholder 8695 GLENDALE RD., CUSTER WA 98240
John F Chiste director
Dwight P Aubrey director C/O SOLITRON DEVICES, INC., 3301 ELECTRONICS WAY, WEST PALM BEACH FL 33407
Joseph F Gerrity director
Sidney H Kopperl director C/O SOLITRON DEVICES, INC., 3301 ELECTRONICS WAY, WEST PALM BEACH FL 33407

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