GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Oclaro Inc (NAS:OCLR) » Definitions » PB Ratio

Oclaro (Oclaro) PB Ratio : 2.34 (As of Apr. 26, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Oclaro 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 (2024-04-26), Oclaro's share price is $8.26. Oclaro's Book Value per Share for the quarter that ended in Sep. 2018 was $3.53. Hence, Oclaro's PB Ratio of today is 2.34.

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

OCLR's PB Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 2.36
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Oclaro PB Ratio Historical Data

The historical data trend for Oclaro'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.

Oclaro PB Ratio Chart

Oclaro Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.62 3.29 3.05 2.57

Oclaro Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
PB Ratio 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 2.70 2.02 2.79 2.57 2.54

Competitive Comparison of Oclaro's PB Ratio

For the Semiconductors subindustry, Oclaro'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.


Oclaro's PB Ratio Distribution in the Semiconductors Industry

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

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



Oclaro 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.

Oclaro's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2018)
=8.26/3.525
=2.34

* 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 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.


Oclaro  (NAS:OCLR) 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.


Oclaro PB Ratio Related Terms

Thank you for viewing the detailed overview of Oclaro's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Oclaro (Oclaro) Business Description

Traded in Other Exchanges
N/A
Address
Oclaro Incorporated is a supplier of core optical network technology to telecommunication and data communication equipment companies worldwide. The company's optical technology is integrated into the switching, routing, and transport systems of communication equipment manufacturers. Ultimately, Oclaro's technology is used by these equipment manufacturers to build, upgrade, and operate optical networks. A network of direct sales force, customer service, marketing communications, and product line specific marketing employees help bring Oclaro's products to a range of international markets.
Executives
Marissa T Peterson director SUN MICROSYSTEMS, INC., 7777 GATEWAY BLVD, BLDG 11, MSUNWK11-260, NEWARK CA 94560
William Lloyd Smith director 46429 LANDING PARKWAY, FREMONT CA 94538
Ian Small director 400 N MCCARTHY BLVD, MILPITAS CA 95035
Greg Dougherty officer: Chief Executive Officer 40919 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538
Michael H Fernicola officer: Chief Accounting Officer C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
David Teichmann officer: EVP, GC, & Corp. Sec. C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Craig Cocchi officer: Chief Operating Officer 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Hitachi Ltd 10 percent owner 6-6, MARUNOUCHI 1-CHOME, CHIYODA-KU, TOKYO JAPAN M0 100-8280
Jerry Turin other: Former CFO 2584 JUNCTION AVENUE, SAN JOSE CA 95134
Alain A Couder director, officer: Chairman, CEO 395 PAGE MILL RD, MS A3 18, PALO ALTO CA 94306
Harry L Bosco director C/O ARRIS GROUP INC, 11450 TECHNOLOGY CIRCLE, DULUTH GA 30097
Bernard J Couillaud director
Giovanni Barbarossa director C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
W Arthur Porter director 7706 FONDREN ROAD, HOUSTON TX 77074