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Meta Materials (FRA:V00) Price-to-Tangible-Book : 24.95 (As of May. 26, 2024)


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What is Meta Materials Price-to-Tangible-Book?

As of today (2024-05-26), Meta Materials's share price is €4.79. Meta Materials's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €0.19. Hence, Meta Materials's Price to Tangible Book Ratio of today is 24.95.

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

FRA:V00' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.19   Med: 9.34   Max: 15.6
Current: 15.45

During the past 5 years, Meta Materials's highest Price to Tangible Book Ratio was 15.60. The lowest was 2.19. And the median was 9.34.

FRA:V00's Price-to-Tangible-Book is ranked worse than
96.91% of 2298 companies
in the Hardware industry
Industry Median: 2.06 vs FRA:V00: 15.45

A closely related ratio is called PB Ratio. As of today, Meta Materials's share price is €4.79. Meta Materials's Book Value per Sharefor the quarter that ended in Mar. 2024 was €2.52. Hence, Meta Materials's P/B Ratio of today is 1.90.


Meta Materials Price-to-Tangible-Book Historical Data

The historical data trend for Meta Materials'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.

Meta Materials Price-to-Tangible-Book Chart

Meta Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 10.53 9.62 9.68

Meta Materials Quarterly Data
Dec19 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 4.55 2.30 2.62 9.68 24.95

Competitive Comparison of Meta Materials's Price-to-Tangible-Book

For the Electronic Components subindustry, Meta Materials'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.


Meta Materials's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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



Meta Materials Price-to-Tangible-Book Calculation

Meta Materials's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=4.79/0.192
=24.95

* 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.


Meta Materials Price-to-Tangible-Book Related Terms

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


Meta Materials (FRA:V00) Business Description

Traded in Other Exchanges
Address
60 Highfield Park Drive, Dartmouth, NS, CAN, B3A 4R9
Meta Materials Inc delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Its extensive technology platform enables global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Its products include NANOWEB, which is a transparent conductive film; holoOPTIX; ARfusion; metaAIR; and glucoWISE.

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