As of today (2024-04-30), Cirrus Logic's share price is $90.30. Cirrus Logic's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $24.72. Hence, Cirrus Logic's Price to Tangible Book Ratio of today is 3.65.
The historical rank and industry rank for Cirrus Logic's Price-to-Tangible-Book or its related term are showing as below:
CRUS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.02 Med: 4.37 Max: 6.6
Current: 3.65
During the past 13 years, Cirrus Logic's highest Price to Tangible Book Ratio was 6.60. The lowest was 2.02. And the median was 4.37.
CRUS's Price-to-Tangible-Book is ranked worse than 64.63% of 947
companies
in the Semiconductors industry
Industry Median: 2.62
vs CRUS: 3.65
Cirrus Logic Price-to-Tangible-Book Historical Data
The historical data trend for Cirrus Logic'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.
Competitive Comparison of Cirrus Logic's Price-to-Tangible-Book
For the Semiconductors subindustry, Cirrus Logic'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.
Cirrus Logic's Price-to-Tangible-Book Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Cirrus Logic's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Cirrus Logic's Price-to-Tangible-Book falls into.
Cirrus Logic Price-to-Tangible-Book Calculation
Cirrus Logic's price-to-tangible-book ratio for today is calculated as:
* 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.
Cirrus Logic Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Cirrus Logic's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and non-portable audio and other products. These products include analog and mixed-signal components targeting mobile devices, smart homes, and applications in the automotive, energy, and industrial markets. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.
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