Tower Semiconductor (Tower Semiconductor) PB Ratio : 1.47 (As of Apr. 25, 2024)

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What is Tower Semiconductor PB Ratio?

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 (2024-04-25), Tower Semiconductor's share price is $32.17. Tower Semiconductor's Book Value per Share for the quarter that ended in Dec. 2023 was $21.95. Hence, Tower Semiconductor's PB Ratio of today is 1.47.

The historical rank and industry rank for Tower Semiconductor's PB Ratio or its related term are showing as below:

TSEM' s PB Ratio Range Over the Past 10 Years
Min: 0.36 Med: 2.05 Max: 5.35
Current: 1.47

During the past 13 years, Tower Semiconductor's highest PB Ratio was 5.35. The lowest was 0.36. And the median was 2.05.

TSEM's PB Ratio is ranked better than
73.25% of 972 companies
in the Semiconductors industry
Industry Median: 2.36 vs TSEM: 1.47

During the past 12 months, Tower Semiconductor's average Book Value Per Share Growth Rate was 27.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 21.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tower Semiconductor was 43.90% per year. The lowest was -48.00% per year. And the median was -4.50% per year.

Back to Basics: PB Ratio

Tower Semiconductor PB Ratio Historical Data

The historical data trend for Tower Semiconductor'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.

* Premium members only.

Tower Semiconductor PB Ratio Chart

Tower Semiconductor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.90

1.91

2.64

2.51

1.39

Tower Semiconductor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															2.51	2.36	2.05	1.15	1.39

Competitive Comparison of Tower Semiconductor's PB Ratio

For the Semiconductors subindustry, Tower Semiconductor'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.

Tower Semiconductor's PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tower Semiconductor's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tower Semiconductor's PB Ratio falls into.

Tower Semiconductor PB Ratio Calculation

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.

Tower Semiconductor's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	32.17	/	21.949
	=	1.47

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.

Tower Semiconductor (NAS:TSEM) PB Ratio Explanation

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.

Be Aware

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.

Tower Semiconductor PB Ratio Related Terms

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Tower Semiconductor (Tower Semiconductor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tower Semiconductor Ltd (NAS:TSEM) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

TSEM:Israel TOW:Germany

Address

20 Shaul Amor Avenue, P.O. Box 619, Ramat Gavriel Industrial Park, Migdal Haemek, ISR, 2310502

Website

https://www.towersemi.com

Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs), based on the design specifications of customers. The company's line of integrated circuits is incorporated into a variety of products and markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. Tower produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. As a complement to its technology offerings, Tower offers services that enable a quick and accurate design cycle. To further assist customers with design and technical support, an integrated team helps clients through the manufacturing cycle.