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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.
MI Technovation Bhd Price-to-Tangible-Book Related Terms
MI Technovation Bhd Price-to-Tangible-Book Historical Data
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The historical data trend for MI Technovation Bhd'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.
MITNF vs LRCX, AMAT, KLAC: Price-to-Tangible-Book Comparison
For the Semiconductor Equipment & Materials subindustry, MI Technovation Bhd'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.
MI Technovation Bhd Price-to-Tangible-Book vs Semiconductors Industry
For the Semiconductors industry and Technology sector, MI Technovation Bhd's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where MI Technovation Bhd's Price-to-Tangible-Book falls into.
* 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.
MI Technovation Bhd (MITNF) has a Price-to-Tangible-Book of 2.14 as of Sep. 22, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on MI Technovation Bhd and its competitors. According to the industry distribution chart, MI Technovation Bhd ranks #652 out of 982 companies in the Semiconductors industry, placing it in the top 66.4%.
Is MI Technovation Bhd's Price-to-Tangible-Book too high?
MI Technovation Bhd's current Price-to-Tangible-Book is 2.14. The Semiconductors industry median Price-to-Tangible-Book is 3.66. MI Technovation Bhd's value of 2.14 is 41.5% below this industry median. Based on the distribution chart, MI Technovation Bhd ranks #652 out of 982 companies in the Semiconductors industry, which is below the industry midpoint. Overall, MI Technovation Bhd has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does MI Technovation Bhd's Price-to-Tangible-Book compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, MI Technovation Bhd ranks #652 out of 982 companies for Price-to-Tangible-Book. This places MI Technovation Bhd in the lower half of its industry. The industry median Price-to-Tangible-Book is 3.66. MI Technovation Bhd's value of 2.14 is 41.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Semiconductors company?
The median Price-to-Tangible-Book among Semiconductors companies is 3.66, based on 982 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MI Technovation Bhd's current Price-to-Tangible-Book of 2.14 is 41.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on MI Technovation Bhd and its competitors. For the Semiconductors industry, the median Price-to-Tangible-Book is 3.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MI Technovation Bhd's current Price-to-Tangible-Book is 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MI Technovation Bhd stock overvalued right now?
MI Technovation Bhd (MITNF) has a current Price-to-Tangible-Book of 2.14. The stock's GF Value™ is $0.36, compared to a current price of $0.56 — trading 56% above its estimated fair value. The current Price-to-Tangible-Book is 2.14 and 41.5% below the Semiconductors industry median of 3.66. MI Technovation Bhd's overall GF Score™ is 80/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For MI Technovation Bhd (MITNF), the current Price-to-Tangible-Book is 2.14 as of Sep. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MI Technovation Bhd (MITNF) Overvalued in 2026?
Based on GuruFocus' analysis, MI Technovation Bhd stock appears to be overvalued.
The current stock price of $0.56 is trading 56% above its estimated GF Value™ of $0.36.
Key valuation signals for MITNF:
Price-to-Tangible-Book: 2.14
GF Value™: $0.36 vs. price of $0.56 (56% above fair value)
Industry Position: 41.5% below the Semiconductors median (#652 of 982)
No single metric tells the full story. See the MITNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MI Technovation Bhd is engaged in the design, development, manufacturing and sales of semiconductor manufacturing equipment, provision of maintenance services and technical support, manufacturing and sales of solder spheres, research and development, manufacturing, sales and marketing of specific process and application in assembly and packaging solutions to customer. Its segments include Semiconductor Equipment Business Unit, Semiconductor Equipment Business Unit, and Semiconductor Solutions Business Unit, and Others. The SEBU is involved in design, manufacturing and sales of semiconductor manufacturing equipment, coupled with integrated Artificial Intelligence (AI) technologies and smart factory automation solutions.
80GF Score
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