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 (2024-04-26), TTM Technologies's share price is $14.78. TTM Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was $14.80. Hence, TTM Technologies's PB Ratio of today is 1.00.
The historical rank and industry rank for TTM Technologies's PB Ratio or its related term are showing as below:
TTMI'
s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.02 Max: 2.16
Current: 1
During the past 13 years, TTM Technologies's highest PB Ratio was 2.16. The lowest was 0.61. And the median was 1.02.
TTMI's PB Ratio is ranked better than 76.08% of 2391
companies
in the Hardware industry
Industry Median: 1.83
vs TTMI: 1.00
During the past 12 months, TTM Technologies's average Book Value Per Share Growth Rate was -1.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TTM Technologies was 79.50% per year. The lowest was -4.80% per year. And the median was 6.75% per year.
Back to Basics: PB Ratio
TTM Technologies PB Ratio Historical Data
The historical data trend for TTM 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 TTM Technologies's PB Ratio
For the Electronic Components subindustry, TTM 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.
TTM Technologies's PB Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, TTM Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where TTM Technologies's PB Ratio falls into.
TTM 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.
TTM Technologies PB Ratio Related Terms
Thank you for viewing the detailed overview of TTM Technologies's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
TTM Technologies (TTM Technologies) Business Description
TTM Technologies Inc manufactures printed circuit boards. The company is based in the United States and derives roughly half of its revenue domestically. The company organizes itself into two segments: printed circuit boards and RF&S Components. The printed circuit boards segment, which contributes the majority of revenue, offers a range of printed circuit boards as well as layout design and simulation, and testing services. TTM Technologies' products are used in manufacturing, networking, telecommunications, computing, aerospace, and medical fields.
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