GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CPS Technologies Corp (NAS:CPSH) » Definitions » PB Ratio

CPS Technologies (CPS Technologies) PB Ratio : 1.47 (As of May. 13, 2024)


View and export this data going back to 1997. Start your Free Trial

What is CPS Technologies PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-13), CPS Technologies's share price is $1.7503. CPS Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was $1.19. Hence, CPS Technologies's PB Ratio of today is 1.47.

Good Sign:

CPS Technologies Corp stock PB Ratio (=1.47) is close to 5-year low of 1.45

The historical rank and industry rank for CPS Technologies's PB Ratio or its related term are showing as below:

CPSH' s PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 2.82   Max: 54.35
Current: 1.47

During the past 13 years, CPS Technologies's highest PB Ratio was 54.35. The lowest was 1.30. And the median was 2.82.

CPSH's PB Ratio is ranked better than
61.89% of 2388 companies
in the Hardware industry
Industry Median: 1.87 vs CPSH: 1.47

During the past 12 months, CPS Technologies's average Book Value Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 35.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 27.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CPS Technologies was 52.90% per year. The lowest was -22.40% per year. And the median was 5.45% per year.

Back to Basics: PB Ratio


CPS Technologies PB Ratio Historical Data

The historical data trend for CPS Technologies's PB Ratio 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.

CPS Technologies PB Ratio Chart

CPS Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 5.82 4.13 2.47 1.97

CPS Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 2.53 2.40 2.35 1.97 1.55

Competitive Comparison of CPS Technologies's PB Ratio

For the Electronic Components subindustry, CPS Technologies's PB Ratio, along with its competitors' market caps and PB Ratio 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.


CPS Technologies's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CPS Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where CPS Technologies's PB Ratio falls into.



CPS Technologies PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

CPS Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.7503/1.194
=1.47

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


CPS Technologies  (NAS:CPSH) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


CPS Technologies PB Ratio Related Terms

Thank you for viewing the detailed overview of CPS Technologies's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CPS Technologies (CPS Technologies) Business Description

Traded in Other Exchanges
N/A
Address
111 South Worcester Street, Norton, MA, USA, 02766-2102
CPS Technologies Corp provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and oil and gas end markets. Its primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic. The company designs, manufactures and sells custom MMC components, which manages the performance and reliability of systems in the end markets. It also provides baseplates and housings used in radar, satellite and avionics applications. The company provides lids and heat spreaders used with integrated circuits in Internet switches and routers.
Executives
Brian T Mackey officer: CEO 792 WEST STREET, C108, MANSFIELD MA 02048
Ralph M Norwood officer: Chief Financial Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Peregrine Financial Corp 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Trust Company, Llc 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Holdings Llc 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Phoenix Venture Partners, Inc. 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Ard Master Lp 10 percent owner
Grant C Bennett director, 10 percent owner, officer: President & CEO
Griffith Charles Kellogg Jr officer: Chief Financial Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Daniel C Snow director 5 LODGE RD., BELMONT MA 02478
Thomas M Culligan director 3000 TAFT STREET, HOLLYWOOD FL 33021
Michael E Mccormack officer: Chief Operating Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Thomas E Breen officer: SVP, Sales & Marketing 111 SOUTH WORCESTER STREET, NORTON MA 02766
Richard W Adams officer: Senior Vice-President & CTO 111 S. WORCESTER ST., NORTON MA 02766
Charles Darosa officer: Vice-President, Operations 111 S. WORCESTER STREET, NORTON MA 02766

CPS Technologies (CPS Technologies) Headlines