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Microtips Technology (ROCO:3285) Price-to-Tangible-Book : 1.79 (As of May. 25, 2024)


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What is Microtips Technology Price-to-Tangible-Book?

As of today (2024-05-25), Microtips Technology's share price is NT$26.00. Microtips Technology's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$14.49. Hence, Microtips Technology's Price to Tangible Book Ratio of today is 1.79.

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

ROCO:3285' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.99   Med: 1.53   Max: 3.74
Current: 1.79

During the past 13 years, Microtips Technology's highest Price to Tangible Book Ratio was 3.74. The lowest was 0.99. And the median was 1.53.

ROCO:3285's Price-to-Tangible-Book is ranked better than
57.27% of 2298 companies
in the Hardware industry
Industry Median: 2.04 vs ROCO:3285: 1.79

A closely related ratio is called PB Ratio. As of today, Microtips Technology's share price is NT$26.00. Microtips Technology's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$14.50. Hence, Microtips Technology's P/B Ratio of today is 1.79.


Microtips Technology Price-to-Tangible-Book Historical Data

The historical data trend for Microtips Technology'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.

Microtips Technology Price-to-Tangible-Book Chart

Microtips Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.72 1.57 1.43 1.95

Microtips Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 1.52 1.53 1.54 1.95 1.79

Competitive Comparison of Microtips Technology's Price-to-Tangible-Book

For the Electronic Components subindustry, Microtips Technology'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.


Microtips Technology's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Microtips Technology's Price-to-Tangible-Book distribution charts can be found below:

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



Microtips Technology Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=26.00/14.486
=1.79

* 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.


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.


Microtips Technology Price-to-Tangible-Book Related Terms

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


Microtips Technology (ROCO:3285) Business Description

Traded in Other Exchanges
N/A
Address
12F., No.31, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN
Microtips Technology Inc is engaged in the manufacture and sales of electronic components, electrical appliances, and telecommunications equipment. Its products include liquid crystal display modules (LCMs), fingerprint identification modules, digital audio, and video multimedia products, portable digital cameras, wireless charging products, and others.

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