POET Technologies (POET Technologies) PB Ratio : 21.38 (As of May. 16, 2024)

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What is POET Technologies 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 (2024-05-16), POET Technologies's share price is $2.48. POET Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was $0.12. Hence, POET Technologies's PB Ratio of today is 21.38.

Warning Sign:

POET Technologies Inc stock PB Ratio (=20.77) is close to 5-year high of 21.86

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

POET' s PB Ratio Range Over the Past 10 Years
Min: 1.39 Med: 9.29 Max: 61.5
Current: 20.67

During the past 13 years, POET Technologies's highest PB Ratio was 61.50. The lowest was 1.39. And the median was 9.29.

POET's PB Ratio is ranked worse than
97.32% of 971 companies
in the Semiconductors industry
Industry Median: 2.38 vs POET: 20.67

During the past 12 months, POET Technologies's average Book Value Per Share Growth Rate was -62.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -14.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -25.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of POET Technologies was 417.10% per year. The lowest was -63.80% per year. And the median was -3.80% per year.

Back to Basics: PB Ratio

POET Technologies PB Ratio Historical Data

The historical data trend for POET Technologies'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.

POET Technologies PB Ratio Chart

POET Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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4.30

33.86

10.31

10.00

8.06

POET Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															10.00	11.28	15.31	14.10	8.06

Competitive Comparison of POET Technologies's PB Ratio

For the Semiconductors subindustry, POET Technologies'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.

POET Technologies's PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, POET Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where POET Technologies's PB Ratio falls into.

POET Technologies 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.

POET Technologies's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2.48	/	0.116
	=	21.38

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

POET Technologies (NAS:POET) 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.

POET Technologies PB Ratio Related Terms

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POET Technologies (POET Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » POET Technologies Inc (NAS:POET) » Definitions » PB Ratio

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RI4A:Germany PTK:Canada

Address

120 Eglinton Avenue East, Suite 1107, Toronto, ON, CAN, M4P 1E2

Website

https://www.poet-technologies.com

POET Technologies Inc offers integration solutions based on the POET Optical Interposer, a novel platform for the seamless integration of electronic and photonic devices into a single module using advanced wafer-level manufacturing techniques and packaging methods. The company operates in a single segment of design, manufacture, and sale of semiconductor products and services for commercial applications. Its products have applications in Data Centers, Telecommunications, the Internet of Things & Industrial Sensing, Automotive LIDAR, and On-Board Optics. Its geographical segments are Asia, the United States, and Canada.