As of today (2024-04-24), Microvision's share price is $1.40. Microvision's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.40. Hence, Microvision's Price to Tangible Book Ratio of today is 3.47.
The historical rank and industry rank for Microvision's Price-to-Tangible-Book or its related term are showing as below:
MVIS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.45 Med: 12.96 Max: 92.76
Current: 3.5
During the past 13 years, Microvision's highest Price to Tangible Book Ratio was 92.76. The lowest was 3.45. And the median was 12.96.
MVIS's Price-to-Tangible-Book is ranked worse than 75.91% of 2304
companies
in the Hardware industry
Industry Median: 1.955
vs MVIS: 3.50
A closely related ratio is called PB Ratio. As of today, Microvision's share price is $1.40. Microvision's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.49. Hence, Microvision's P/B Ratio of today is 2.85.
Microvision Price-to-Tangible-Book Historical Data
The historical data trend for Microvision'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.
For the Scientific & Technical Instruments subindustry, Microvision'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.
Microvision Price-to-Tangible-Book Distribution
For the Hardware industry and Technology sector, Microvision's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Microvision's Price-to-Tangible-Book falls into.
Microvision Price-to-Tangible-Book Calculation
Microvision'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.
Microvision Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Microvision's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Microvision Inc is engaged in developing a lidar sensor to be used in automotive safety and autonomous driving applications. Its lidar sensor uses laser beam scanning (LBS) technology, which is based on systems that include micro-electrical mechanical systems (MEMS), laser diodes, optomechanics, electronics, algorithms, and software. The company has also developed solutions for Augmented Reality, Interactive Displays, and Consumer Lidars.
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