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Mycronic AB (Mycronic AB) Price-to-Tangible-Book : 7.49 (As of May. 11, 2024)


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What is Mycronic AB Price-to-Tangible-Book?

As of today (2024-05-11), Mycronic AB's share price is $25.30. Mycronic AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $3.38. Hence, Mycronic AB's Price to Tangible Book Ratio of today is 7.49.

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

MICLF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.73   Med: 9.68   Max: 29.39
Current: 11

During the past 13 years, Mycronic AB's highest Price to Tangible Book Ratio was 29.39. The lowest was 1.73. And the median was 9.68.

MICLF's Price-to-Tangible-Book is ranked worse than
93.1% of 2827 companies
in the Industrial Products industry
Industry Median: 2.14 vs MICLF: 11.00

A closely related ratio is called PB Ratio. As of today, Mycronic AB's share price is $25.30. Mycronic AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was $5.71. Hence, Mycronic AB's P/B Ratio of today is 4.43.


Mycronic AB Price-to-Tangible-Book Historical Data

The historical data trend for Mycronic AB'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.

Mycronic AB Price-to-Tangible-Book Chart

Mycronic AB 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 6.11 8.82 13.57 11.21 8.57

Mycronic AB 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 10.28 11.98 11.36 8.57 7.49

Competitive Comparison of Mycronic AB's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Mycronic AB'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.


Mycronic AB's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mycronic AB's Price-to-Tangible-Book distribution charts can be found below:

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



Mycronic AB Price-to-Tangible-Book Calculation

Mycronic AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=25.30/3.377
=7.49

* 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.


Mycronic AB Price-to-Tangible-Book Related Terms

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


Mycronic AB (Mycronic AB) Business Description

Traded in Other Exchanges
Address
Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03
Mycronic AB develops solutions for advanced electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of advanced photomasks for displays; The High Flex division develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, primarily in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes advanced production solutions with high levels of differentiation.