GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Micro Base Technology Corp (ROCO:3184) » Definitions » PB Ratio

Micro Base Technology (ROCO:3184) PB Ratio : 1.75 (As of May. 26, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Micro Base Technology 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 (2024-05-26), Micro Base Technology's share price is NT$12.15. Micro Base Technology's Book Value per Share for the quarter that ended in Dec. 2023 was NT$6.94. Hence, Micro Base Technology's PB Ratio of today is 1.75.

Good Sign:

Micro Base Technology Corp stock PB Ratio (=1.75) is close to 5-year low of 1.6

The historical rank and industry rank for Micro Base Technology's PB Ratio or its related term are showing as below:

ROCO:3184' s PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.57   Max: 7.58
Current: 1.75

During the past 13 years, Micro Base Technology's highest PB Ratio was 7.58. The lowest was 1.56. And the median was 2.57.

ROCO:3184's PB Ratio is ranked better than
53.23% of 2386 companies
in the Hardware industry
Industry Median: 1.87 vs ROCO:3184: 1.75

During the past 12 months, Micro Base Technology's average Book Value Per Share Growth Rate was 7.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Micro Base Technology was 15.20% per year. The lowest was -18.00% per year. And the median was -4.65% per year.

Back to Basics: PB Ratio


Micro Base Technology PB Ratio Historical Data

The historical data trend for Micro Base Technology'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.

Micro Base Technology PB Ratio Chart

Micro Base Technology 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 3.80 2.38 2.27 1.70 1.81

Micro Base Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.27 1.67 1.70 2.22 1.81

Competitive Comparison of Micro Base Technology's PB Ratio

For the Electronic Components subindustry, Micro Base Technology'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.


Micro Base Technology's PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Micro Base Technology's PB Ratio falls into.



Micro Base Technology 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.

Micro Base Technology's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=12.15/6.944
=1.75

* 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 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.


Micro Base Technology  (ROCO:3184) 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.


Micro Base Technology PB Ratio Related Terms

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


Micro Base Technology (ROCO:3184) Business Description

Traded in Other Exchanges
N/A
Address
No.756, Qiajuan Road, Bade District, Taoyuan, TWN, 33464
Micro Base Technology Corp is engaged in the development of Laser LIGA, a non-silicon-based micromachining technology. It is involved in the research and development, manufacturing, and sale of miniaturized devices, and micron-scale parts and systems in Taiwan. The company offers its products under three categories namely electronic, beauty, and medical devices. It also engaged in designing and consulting business.

Micro Base Technology (ROCO:3184) Headlines

No Headlines