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 (2024-04-24), Micropac Industries's share price is $13.75. Micropac Industries's Book Value per Share for the quarter that ended in Feb. 2024 was $13.66. Hence, Micropac Industries's PB Ratio of today is 1.01.
The historical rank and industry rank for Micropac Industries's PB Ratio or its related term are showing as below:
MPAD'
s PB Ratio Range Over the Past 10 Years
Min: 0.73 Med: 1.01 Max: 1.5
Current: 1.01
During the past 13 years, Micropac Industries's highest PB Ratio was 1.50. The lowest was 0.73. And the median was 1.01.
MPAD's PB Ratio is ranked better than 75.42% of 2392
companies
in the Hardware industry
Industry Median: 1.81
vs MPAD: 1.01
During the past 12 months, Micropac Industries's average Book Value Per Share Growth Rate was 2.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Micropac Industries was 16.30% per year. The lowest was 3.10% per year. And the median was 8.10% per year.
Back to Basics: PB Ratio
Micropac Industries PB Ratio Historical Data
The historical data trend for Micropac Industries'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 Electronic Components subindustry, Micropac Industries'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.
Micropac Industries PB Ratio Distribution
For the Hardware industry and Technology sector, Micropac Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Micropac Industries's PB Ratio falls into.
Micropac Industries 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.
Micropac Industries's PB Ratio for today is calculated as follows:
* 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.
Micropac Industries (OTCPK:MPAD) PB Ratio Explanation
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.
Micropac Industries PB Ratio Related Terms
Thank you for viewing the detailed overview of Micropac Industries's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Micropac Industries (Micropac Industries) Business Description
Micropac Industries Inc manufactures and distributes a range of hybrid microelectronic circuits, solid-state relays (SSRs), power controllers, and optoelectronic components and assemblies. Its products are used as components in a range of military, space, and industrial systems, including aircraft instrumentation and navigation systems, power supplies, electronic controls, computers, medical devices, and high-temperature products. The company's core technology is the packaging and interconnecting of multi-chip microelectronics modules. Other technologies include light-emitting, and light-sensitive materials and products, including light-emitting diodes (LEDs) and silicon phototransistors used in the company's optoelectronic components and assemblies.
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