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Novatek Microelectronics (TPE:3034) Price-to-Tangible-Book : 5.55 (As of May. 06, 2024)


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What is Novatek Microelectronics Price-to-Tangible-Book?

As of today (2024-05-06), Novatek Microelectronics's share price is NT$635.00. Novatek Microelectronics's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$114.42. Hence, Novatek Microelectronics's Price to Tangible Book Ratio of today is 5.55.

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

TPE:3034' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.26   Med: 3.68   Max: 8.04
Current: 5.55

During the past 13 years, Novatek Microelectronics's highest Price to Tangible Book Ratio was 8.04. The lowest was 2.26. And the median was 3.68.

TPE:3034's Price-to-Tangible-Book is ranked worse than
80.87% of 946 companies
in the Semiconductors industry
Industry Median: 2.61 vs TPE:3034: 5.55

A closely related ratio is called PB Ratio. As of today, Novatek Microelectronics's share price is NT$635.00. Novatek Microelectronics's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$118.48. Hence, Novatek Microelectronics's P/B Ratio of today is 5.36.


Novatek Microelectronics Price-to-Tangible-Book Historical Data

The historical data trend for Novatek Microelectronics'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.

Novatek Microelectronics Price-to-Tangible-Book Chart

Novatek Microelectronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.39 6.00 4.83 3.04 4.86

Novatek Microelectronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.83 4.92 4.35 4.86 5.24

Competitive Comparison of Novatek Microelectronics's Price-to-Tangible-Book

For the Semiconductors subindustry, Novatek Microelectronics'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.


Novatek Microelectronics's Price-to-Tangible-Book Distribution in the Semiconductors Industry

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

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



Novatek Microelectronics Price-to-Tangible-Book Calculation

Novatek Microelectronics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=635.00/114.422
=5.55

* 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.


Novatek Microelectronics Price-to-Tangible-Book Related Terms

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


Novatek Microelectronics (TPE:3034) Business Description

Traded in Other Exchanges
N/A
Address
No.13, Innovation Road I, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 30076
Novatek Microelectronics Corp is a chip design company specializing in the design, development, and sales of a wide range of display driver ICs and SoC solutions for all display and audio/video applications. The group is mainly engaged in researching, developing, manufacturing, and sales of integrated circuit chips speech, communication, computer peripherals, LCD driver IC system, embedded MCU, DSP, and systems. The firm generates the majority of its revenue from countries across Asia, and the rest comes from Taiwan and others.

Novatek Microelectronics (TPE:3034) Headlines

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