POET Technologies (POET Technologies) Price-to-Tangible-Book : 22.12 (As of May. 16, 2024)

View and export this data going back to . Start your Free Trial

What is POET Technologies Price-to-Tangible-Book?

As of today (2024-05-16), POET Technologies's share price is $2.30. POET Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.10. Hence, POET Technologies's Price to Tangible Book Ratio of today is 22.12.

The historical rank and industry rank for POET Technologies's Price-to-Tangible-Book or its related term are showing as below:

POET' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.76 Med: 9.31 Max: 35.68
Current: 23

During the past 13 years, POET Technologies's highest Price to Tangible Book Ratio was 35.68. The lowest was 2.76. And the median was 9.31.

POET's Price-to-Tangible-Book is ranked worse than
96.73% of 949 companies
in the Semiconductors industry
Industry Median: 2.61 vs POET: 23.00

A closely related ratio is called PB Ratio. As of today, POET Technologies's share price is $2.30. POET Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.12. Hence, POET Technologies's P/B Ratio of today is 19.83.

POET Technologies Price-to-Tangible-Book Historical Data

The historical data trend for POET Technologies's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

POET Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

4.40

36.54

10.53

10.45

8.99

POET Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															10.45	11.76	16.04	15.00	8.99

Competitive Comparison of POET Technologies's Price-to-Tangible-Book

For the Semiconductors subindustry, POET Technologies's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, POET Technologies's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where POET Technologies's Price-to-Tangible-Book falls into.

POET Technologies Price-to-Tangible-Book Calculation

POET Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.30	/	0.104
	=	22.12

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

POET Technologies Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of POET Technologies's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

POET Technologies (POET Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » POET Technologies Inc (NAS:POET) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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.