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CMC Magnetics (TPE:2323) Price-to-Tangible-Book : 0.75 (As of May. 17, 2024)


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What is CMC Magnetics Price-to-Tangible-Book?

As of today (2024-05-17), CMC Magnetics's share price is NT$12.65. CMC Magnetics's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$16.82. Hence, CMC Magnetics's Price to Tangible Book Ratio of today is 0.75.

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

TPE:2323' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.28   Med: 0.46   Max: 0.84
Current: 0.76

During the past 13 years, CMC Magnetics's highest Price to Tangible Book Ratio was 0.84. The lowest was 0.28. And the median was 0.46.

TPE:2323's Price-to-Tangible-Book is ranked better than
86.54% of 2303 companies
in the Hardware industry
Industry Median: 2.06 vs TPE:2323: 0.76

A closely related ratio is called PB Ratio. As of today, CMC Magnetics's share price is NT$12.65. CMC Magnetics's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$16.86. Hence, CMC Magnetics's P/B Ratio of today is 0.75.


CMC Magnetics Price-to-Tangible-Book Historical Data

The historical data trend for CMC Magnetics'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.

CMC Magnetics Price-to-Tangible-Book Chart

CMC Magnetics 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 0.55 0.55 0.69 0.45 0.68

CMC Magnetics 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 0.47 0.83 0.74 0.68 0.72

Competitive Comparison of CMC Magnetics's Price-to-Tangible-Book

For the Computer Hardware subindustry, CMC Magnetics'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.


CMC Magnetics's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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



CMC Magnetics Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=12.65/16.821
=0.75

* 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.


CMC Magnetics Price-to-Tangible-Book Related Terms

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


CMC Magnetics (TPE:2323) Business Description

Traded in Other Exchanges
N/A
Address
53, Ming Chuan West Road, 15th Floor, Taipei, TWN
CMC Magnetics Corp is engaged in the manufacturing and sale of consumer electronic products, including optical discs, and the acquisition of film agency rights, and production and distribution of digital discs and Blu-ray discs for sales and rental business. CMC provides optical storage devices like compact discs and digital video discs with additional functionalities that allow a user to record or rewrite data. The company also offers to package for optical storage products, USB storage, alkaline batteries, and flash storage products. Its products include Compact Disc Recordable, Compact Disc Rewritable, Digital Video Disc-Recordable, videotapes, and others. The firm has manufacturing facilities in Taiwan, China, and Hong Kong, and generates revenue from the Americas, Europe, and Asia.

CMC Magnetics (TPE:2323) Headlines

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