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EMCORE (EMCORE) PB Ratio : 0.28 (As of Apr. 27, 2024)


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What is EMCORE 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 (2024-04-27), EMCORE's share price is $2.73. EMCORE's Book Value per Share for the quarter that ended in Dec. 2023 was $9.76. Hence, EMCORE's PB Ratio of today is 0.28.

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

EMKR' s PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 1.21   Max: 3.16
Current: 0.28

During the past 13 years, EMCORE's highest PB Ratio was 3.16. The lowest was 0.24. And the median was 1.21.

EMKR's PB Ratio is ranked better than
98.46% of 971 companies
in the Semiconductors industry
Industry Median: 2.37 vs EMKR: 0.28

During the past 12 months, EMCORE's average Book Value Per Share Growth Rate was -66.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -25.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -15.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of EMCORE was 278.40% per year. The lowest was -41.10% per year. And the median was -4.80% per year.

Back to Basics: PB Ratio


EMCORE PB Ratio Historical Data

The historical data trend for EMCORE'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.

EMCORE PB Ratio Chart

EMCORE Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.30 2.01 0.53 0.46

EMCORE 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 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 0.33 0.55 0.39 0.46 0.50

Competitive Comparison of EMCORE's PB Ratio

For the Semiconductors subindustry, EMCORE'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.


EMCORE's PB Ratio Distribution in the Semiconductors Industry

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

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



EMCORE 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.

EMCORE's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.73/9.759
=0.28

* 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.


EMCORE  (NAS:EMKR) 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.


EMCORE PB Ratio Related Terms

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


EMCORE (EMCORE) Business Description

Traded in Other Exchanges
Address
2015 W. Chestnut Street, Alhambra, CA, USA, 91803
EMCORE Corp is a provider of sensors and navigation systems for the aerospace and defense market. The company operates in one reporting segment, Inertial Navigation, whose product technology categories include: (a) FOG, (b) QMEMS, (c) RLG, in each case which serve the aerospace and defense market. The company operates geographically in United States and Canada, which is the key revenue generator; Asia; Europe; and Other.
Executives
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Rex S Jackson director C/O SYMYX TECHNOLOGIES, INC., 3100 CENTRAL EXPRESSWAY, SANTA CLARA CA 95051
Jeffrey Rittichier officer: Chief Executive Officer 2015 CHESTNUT ST, ALHAMBRA CA 91803
Stephen L Domenik director C/O SEVIN ROSEN FUNDS, 13455 NOEL RD #1670, DALLAS TX 75240
Noel Heiks director C/O EMCORE CORPORATION, 2015 CHESTNUT ST., ALHAMBRA CA 91803
Thomas P. Minichiello officer: Chief Financial Officer 750 N. COMMONS DRIVE, AURORA IL 60504
Bruce Grooms director C/O EMCORE CORPORATION, 2015 CHESTNUT ST., ALHAMBRA CA 91803
Mark A Gordon officer: Intrm Princ Fin and Acc Offcr 2015 CHESTNUT STREET, ALHAMBRA CA 91803
Iain Black officer: SVP, Operations 2015 CHESTNUT STREET, ALHAMBRA CA 91803
David Gregory Wojciechowski officer: Vice President, Sales 2015 CHESTNUT STREET, ALHAMBRA CA 91803
Jikun Kim officer: Chief Financial Officer 181 W. HUNTINGTON DRIVE, SUITE 202, MONROVIA CA 91016
Albert Lu officer: Sr. V.P. of Engineering 2015 CHESTNUT STREET, ALHAMBRA CA 91803
Coringrato Edward J Jr. director 301 1ST STREET, SW, SUITE 200, ROANOKE VA 24011
Mark Weinswig officer: Chief Financial Officer EMCORE CORP, 10420 RESEARCH ROAD, SE, ALBUQUERQUE NM 87123
Steven R Becker director, other: See Remarks 5525 NAKOMA DRIVE, DALLAS TX 75209