Rakon (RAKNF) Price-to-Tangible-Book : 0.61 (As of Jun. 23, 2024)

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What is Rakon Price-to-Tangible-Book?

As of today (2024-06-23), Rakon's share price is $0.24. Rakon's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.39. Hence, Rakon's Price to Tangible Book Ratio of today is 0.61.

The historical rank and industry rank for Rakon's Price-to-Tangible-Book or its related term are showing as below:

RAKNF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.44 Med: 1 Max: 3.02
Current: 1.02

During the past 13 years, Rakon's highest Price to Tangible Book Ratio was 3.02. The lowest was 0.44. And the median was 1.00.

RAKNF's Price-to-Tangible-Book is ranked better than
79.6% of 2823 companies
in the Industrial Products industry
Industry Median: 2.04 vs RAKNF: 1.02

A closely related ratio is called PB Ratio. As of today, Rakon's share price is $0.24. Rakon's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.42. Hence, Rakon's P/B Ratio of today is 0.57.

Rakon Price-to-Tangible-Book Historical Data

The historical data trend for Rakon'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.

* Premium members only.

Rakon Price-to-Tangible-Book Chart

Rakon Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.10

0.80

0.63

0.59

0.61

Rakon Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.63	0.70	0.59	0.64	0.61

Competitive Comparison of Rakon's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Rakon'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.

Rakon's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rakon's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Rakon's Price-to-Tangible-Book falls into.

Rakon Price-to-Tangible-Book Calculation

Rakon's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.24	/	0.393
	=	0.61

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Be Aware

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.

Rakon Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Rakon's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Rakon (RAKNF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rakon Ltd (OTCPK:RAKNF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RAK:New Zealand

Address

8 Sylvia Park Road, Mt Wellington, Auckland, NZL, 1060

Website

https://www.rakon.com

Rakon Ltd is engaged in the development of frequency control products and timing solutions for a wide range of applications. Its core markets are Telecommunications, Space & Defence, and Global Positioning. The company's product range consists of low stability Crystal Oscillators (XO), Voltage Controlled Crystal Oscillators (VCXOs), and crystal products, through to high volume precision Temperature Compensated Crystal Oscillators (TCXOs), Oven Controlled Crystal Oscillators (OCXOs), Digital Pulse Compression Sub-Systems (DPCSS), Surface Acoustic Wave (SAW) oscillators and specialized products. The company's geographical segments are New Zealand, France, India, and Others.