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 (2024-04-29), API Technologies's share price is $2.00. API Technologies's Book Value per Share for the quarter that ended in Feb. 2016 was $1.46. Hence, API Technologies's PB Ratio of today is 1.37.
The historical rank and industry rank for API Technologies's PB Ratio or its related term are showing as below:
ATNY's PB Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 2.41 * Ranked among companies with meaningful PB Ratio only.
Back to Basics: PB Ratio
API Technologies PB Ratio Historical Data
The historical data trend for API 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.
Competitive Comparison of API Technologies's PB Ratio
For the Semiconductors subindustry, API 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.
API Technologies's PB Ratio Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, API Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where API Technologies's PB Ratio falls into.
API 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.
* 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.
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.
API Technologies PB Ratio Related Terms
Thank you for viewing the detailed overview of API Technologies's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
API Technologies (API Technologies) Business Description
API Technologies Corp was incorporated on February 2, 1999 under the laws of the State of Delaware under the name Rubicon Ventures Inc. On November 6, 2006, API changed its name to "API Nanotronics Corp," and subsequently changed its name to API Technologies Corp. on October 22, 2009. The Company through its three business segments-Systems, Subsystems & Components, Electronic Manufacturing Services and Secure Systems & Information Assurance. It designs, develops and manufactures systems, subsystems, RF and secure solutions, as well as provides electronics manufacturing and high-quality engineering services for technically demanding, high-reliability applications. Solutions areas include systems, subsystems and components which includes RF/microwave and microelectronics products, electromagnetics, power and systems solutions products, and sensors, Secure Systems and Information Assurance includes TEMPEST and emanation security, rugged communications products, encryption, and secure networking products and Electronics Manufacturing Services, which involves the production of circuit card assemblies, electromechanical assemblies, and box builds used in defense, industrial and commercial applications. The Company also operates several manufacturing facilities throughout North America, the United Kingdom, Mexico and China. Its customer base spans defense, aerospace, industrial, communications, medical, and government agencies, including the governments of the United States, Canada, the United Kingdom, & other countries. The Company is subject to federal contracting laws and regulations, including the U.S. Federal Acquisition Regulation (FAR) and the False Claims Act.
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