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Hutchinson Technology (Hutchinson Technology) PB Ratio : 2.66 (As of May. 05, 2024)


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What is Hutchinson Technology PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-05), Hutchinson Technology's share price is $4.00. Hutchinson Technology's Book Value per Share for the quarter that ended in Jun. 2016 was $1.50. Hence, Hutchinson Technology's PB Ratio of today is 2.66.

The historical rank and industry rank for Hutchinson Technology's PB Ratio or its related term are showing as below:

HTCH's PB Ratio is not ranked *
in the Hardware industry.
Industry Median: 1.87
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Hutchinson Technology PB Ratio Historical Data

The historical data trend for Hutchinson Technology's PB Ratio 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.

Hutchinson Technology PB Ratio Chart

Hutchinson Technology Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.25 0.72 1.08 0.76

Hutchinson Technology Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
PB Ratio 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 0.70 0.76 1.84 2.16 2.26

Competitive Comparison of Hutchinson Technology's PB Ratio

For the Electronic Components subindustry, Hutchinson Technology'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.


Hutchinson Technology's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hutchinson Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hutchinson Technology's PB Ratio falls into.



Hutchinson Technology PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Hutchinson Technology's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2016)
=4.00/1.501
=2.66

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


Hutchinson Technology  (NAS:HTCH) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


Hutchinson Technology PB Ratio Related Terms

Thank you for viewing the detailed overview of Hutchinson Technology's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hutchinson Technology (Hutchinson Technology) Business Description

Traded in Other Exchanges
N/A
Address
Hutchinson Technology Inc was incorporated in Minnesota in the year 1965. The Company is a technology manufacturer that creates value by developing solutions to critical customer problems. The Company has one reportable segment namely the Disk Drive Components Division. Its Disk Drive Components Division is a supplier of suspension assemblies for hard disk drives. Its disk drive products are sold through the Company's account management team. Its competitors are Nihon Hatsujo Kabusikigaisha, Magnecomp Precision Technology Public Company Limited, and NAT Peripheral (H.K.) Co., Ltd. As of September 27, 2015, the Company had 216 US patents and 16 foreign patents. The Company's products are classified as medical devices and therefore are subject to governmental regulations.
Executives
Wayne M Fortun director, other: Chairman of the Board HUTCHINSON TECHNOLOGY INC, 40 WEST HIGHLAND PARK, HUTCHINSON MN 55350
Martha Goldberg Aronson director 40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350
Russell Huffer director C/O APOGEE ENTERPRISES INC, 7900 XERXES AVE S STE 1000, MINNEAPOLIS MN 55431
Thomas R Verhage director 6513 CROWN COLONY PLACE #101, NAPLES FL 34108
Philip Soran director 12982 VALLEY VIEW RD, EDEN PRAIRIE MN 55344
Frank P Russomanno director C/O EMRISE CORPORATION, 2530 MERIDIAN PARKWAY, DURHAM NC 27713
William T Monahan director IMATION, 1 IMATION PL, OAKDALE MN 55128
Mark A Augusti director 40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350
Gary Henley director 5677 AIRLINE ROAD, ARLINGTON TN 38002
Kathleen Skarvan officer: Senior VP, Pres of DDC Div 40 WEST HIGHLAND PARK DR NE, HUTCHINSON MN 55350
Steve Polacek officer: Senior VP and CFO 4106 SUNNYSIDE ROAD, EDINA MN 55424
Archibald Jr Cox director 151 EAST 58TH STREET, #33F, NEW YORK NY 10022

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