Market Cap : 70.45 B | Enterprise Value : 68.74 B | PE Ratio : 7.29 | PB Ratio : 1.42 |
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2022-08-16), Micron Technology's share price is $63.86. Micron Technology's Book Value per Share for the quarter that ended in May. 2022 was $44.60. Hence, Micron Technology's PB Ratio of today is 1.43.
The historical rank and industry rank for Micron Technology's PB Ratio or its related term are showing as below:
During the past 13 years, Micron Technology's highest PB Ratio was 3.63. The lowest was 0.58. And the median was 1.62.
MU's PB Ratio is ranked better thanDuring the past 12 months, Micron Technology's average Book Value Per Share Growth Rate was 18.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 27.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 20.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Micron Technology was 126.70% per year. The lowest was -18.60% per year. And the median was 10.75% per year.
The historical data trend for Micron Technology's PB Ratio 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 Semiconductors subindustry, Micron Technology's PB Ratio, along with its competitors' market caps and PB Ratio 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.
For the Semiconductors industry and Technology sector, Micron Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Micron Technology's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Micron Technology's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: May. 2022) |
= | 63.86 | / | 44.598 | |
= | 1.43 |
* 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:
PB Ratio | = | Market Cap | / | (Total Stockholders Equity | - | Preferred Stock) |
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Thank you for viewing the detailed overview of Micron Technology's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Murphy Mark J. | officer: EVP & Chief Financial Officer | DELPHI AUTOMOTIVE PLC 5725 DELPHI DRIVE TROY MI 48098 |
Beard Robert P | officer: SVP, General Counsel&Secretary | 8000 S. FEDERAL WAY BOISE ID 83716 |
Haynesworth Linnie M | director | 214 N TRYON STREET CHARLOTTE NC 28202 |
Allen Scott R. | officer: CVP, Chief Accounting Officer | 11690 N.W. 105TH STREET MIAMI FL 33178 |
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Gomo Steven J | director | 495 E. JAVA DRIVE SUNNYVALE CA 94089 |
Mccarthy Mary Pat | director | 2704 WEST 112TH STREET LEAWOOD KS 66211 |
Bokan Michael W | officer: SVP, WORLDWIDE SALES | 8000 S FEDERAL WAY MS 1-557 BOISE ID 83716 |
Zinsner David | officer: SVP & Chief Financial Officer | 1001 MURPHY RANCH ROAD MILPITAS CA 95035 |
Bhatia Manish H | officer: EVP, Global Operations | C/O WESTERN DIGITAL CORPORATION 5601 GREAT OAKS PARKWAY SAN JOSE CA 95119 |
Sadana Sumit | officer: EVP & Chief Business Officer | 47544 AVALON HEIGHTS TERRACE FREMONT CA 94539 |
Mehrotra Sanjay | officer: President & CEO | C/O WESTERN DIGITAL CORPORATION 3355 MICHELSON DRIVE, SUITE 100 IRVINE CA 92612 |
Maddock Ernest E | officer: CFO & VP, Finance | LAM RESEARCH 4650 CUSHING PARKWAY FREMONT CA 94538 |
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