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Micron Technology (BSP:MUTC34) Price-to-Tangible-Book

: 2.99 (As of Today)
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As of today (2024-04-23), Micron Technology's share price is R$94.41. Micron Technology's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was R$31.60. Hence, Micron Technology's Price to Tangible Book Ratio of today is 2.99.

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

BSP:MUTC34' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95   Med: 1.84   Max: 3.44
Current: 2.86

During the past 13 years, Micron Technology's highest Price to Tangible Book Ratio was 3.44. The lowest was 0.95. And the median was 1.84.

BSP:MUTC34's Price-to-Tangible-Book is ranked worse than
56.71% of 947 companies
in the Semiconductors industry
Industry Median: 2.46 vs BSP:MUTC34: 2.86

A closely related ratio is called PB Ratio. As of today, Micron Technology's share price is R$94.41. Micron Technology's Book Value per Sharefor the quarter that ended in Feb. 2024 was R$32.77. Hence, Micron Technology's P/B Ratio of today is 2.88.


Micron Technology Price-to-Tangible-Book Historical Data

The historical data trend for Micron Technology'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.

Micron Technology Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.34 1.93 1.31 1.83

Micron Technology Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Price-to-Tangible-Book 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 1.40 1.75 1.83 2.02 2.36

Competitive Comparison

For the Semiconductors subindustry, Micron Technology'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.


Micron Technology Price-to-Tangible-Book Distribution

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

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



Micron Technology Price-to-Tangible-Book Calculation

Micron Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=94.41/31.598
=2.99

* 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 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.


Micron Technology Price-to-Tangible-Book Related Terms

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


Micron Technology (BSP:MUTC34) Business Description

Address
8000 South Federal Way, Post Office Box 6, Boise, ID, USA, 83716-9632
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

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