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As of today (2024-05-21), Micron Technology's share price is $128.20. Micron Technology's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $38.22. Hence, Micron Technology's Price to Tangible Book Ratio of today is 3.35.
The historical rank and industry rank for Micron Technology's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Micron Technology's highest Price to Tangible Book Ratio was 3.44. The lowest was 0.95. And the median was 1.84.
A closely related ratio is called PB Ratio. As of today, Micron Technology's share price is $128.20. Micron Technology's Book Value per Sharefor the quarter that ended in Feb. 2024 was $39.63. Hence, Micron Technology's P/B Ratio of today is 3.23.
The historical data trend for Micron 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.
Micron Technology Annual Data | |||||||||||||||||||||
Trend | Aug14 | Aug15 | Aug16 | Aug17 | Aug18 | Aug19 | Aug20 | Aug21 | Aug22 | Aug23 | |||||||||||
Price-to-Tangible-Book | Get a 7-Day Free Trial | 1.46 | 1.35 | 1.95 | 1.28 | 1.80 |
Micron Technology Quarterly Data | ||||||||||||||||||||
May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | |
Price-to-Tangible-Book | Get a 7-Day Free Trial | 1.39 | 1.71 | 1.80 | 2.03 | 2.37 |
For the Semiconductors subindustry, Micron 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.
For the Semiconductors industry and Technology sector, Micron Technology's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Micron Technology's Price-to-Tangible-Book falls into.
Micron Technology's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Feb. 2024 ) |
= | 128.20 | / | 38.217 | |
= | 3.35 |
* 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:
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.
Thank you for viewing the detailed overview of Micron Technology's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Sanjay Mehrotra | officer: President & CEO | C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612 |
Scott J Deboer | officer: Vice President, R&D | 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716 |
Scott R. Allen | officer: CVP, Chief Accounting Officer | 11690 N.W. 105TH STREET, MIAMI FL 33178 |
April L Arnzen | officer: VP, Human Resources | 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716 |
Michael W Bokan | officer: SVP, WORLDWIDE SALES | 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716 |
Sumit Sadana | officer: EVP & Chief Business Officer | 47544 AVALON HEIGHTS TERRACE, FREMONT CA 94539 |
Richard M Beyer | director | 6501 WILLIAM CANNON DRIVE, WEST, AUSTIN TX 78735 |
Manish H Bhatia | officer: EVP, Global Operations | C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119 |
Robert P Beard | officer: SVP, General Counsel&Secretary | 8000 S. FEDERAL WAY, BOISE ID 83716 |
Mark J. Murphy | officer: EVP & Chief Financial Officer | DELPHI AUTOMOTIVE PLC, 5725 DELPHI DRIVE, TROY MI 48098 |
Joel L Poppen | officer: VP Legal Affairs, Gen Counsel, other: Corporate Secretary | 8000 S. FEDERAL WAY, MS 1-557, BOISE ID 83716 |
David Zinsner | officer: SVP & Chief Financial Officer | 1001 MURPHY RANCH ROAD, MILPITAS CA 95035 |
Linnie M Haynesworth | director | 214 N TRYON STREET, CHARLOTTE NC 28202 |
Lynn A Dugle | director | 4803 STONECROFT BOULEVARD, CHANTILLY VA 20151 |
Paul Marosvari | officer: VP, Chief Accounting Officer | 8000 S. FEDERAL WAY, BOISE ID 83716 |
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