GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Veeco Instruments Inc (STU:VEO) » Definitions » Price-to-Tangible-Book

Veeco Instruments (STU:VEO) Price-to-Tangible-Book : 5.29 (As of May. 21, 2024)


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

What is Veeco Instruments Price-to-Tangible-Book?

As of today (2024-05-21), Veeco Instruments's share price is €37.00. Veeco Instruments's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €7.00. Hence, Veeco Instruments's Price to Tangible Book Ratio of today is 5.29.

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

STU:VEO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.58   Med: 3.76   Max: 7.92
Current: 5.34

During the past 13 years, Veeco Instruments's highest Price to Tangible Book Ratio was 7.92. The lowest was 1.58. And the median was 3.76.

STU:VEO's Price-to-Tangible-Book is ranked worse than
79.47% of 950 companies
in the Semiconductors industry
Industry Median: 2.65 vs STU:VEO: 5.34

A closely related ratio is called PB Ratio. As of today, Veeco Instruments's share price is €37.00. Veeco Instruments's Book Value per Sharefor the quarter that ended in Mar. 2024 was €11.17. Hence, Veeco Instruments's P/B Ratio of today is 3.31.


Veeco Instruments Price-to-Tangible-Book Historical Data

The historical data trend for Veeco Instruments'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.

Veeco Instruments Price-to-Tangible-Book Chart

Veeco Instruments 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 5.44 4.51 6.40 2.53 4.19

Veeco Instruments 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 3.34 4.09 4.17 4.19 4.57

Competitive Comparison of Veeco Instruments's Price-to-Tangible-Book

For the Semiconductor Equipment & Materials subindustry, Veeco Instruments'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.


Veeco Instruments's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Veeco Instruments's Price-to-Tangible-Book distribution charts can be found below:

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



Veeco Instruments Price-to-Tangible-Book Calculation

Veeco Instruments's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=37.00/6.999
=5.29

* 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.


Veeco Instruments Price-to-Tangible-Book Related Terms

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


Veeco Instruments (STU:VEO) Business Description

Traded in Other Exchanges
Address
Terminal Drive, Plainview, NY, USA, 11803
Veeco Instruments Inc is a United States-based company that is principally engaged in designing, developing, and manufacturing thin-film process equipment, which is mainly used to produce electronic devices. The company's product categories by market consist of lighting, display, and power electronics; advanced packaging; MEMS and RF; scientific and industrial; and data storage. The lighting, display, and power electronics market accounts for over half of the total revenue. The company offers products and services in the United States; China; Europe, the Middle East, and Africa, or EMEA; and the rest of the world, with overseas markets contributing the majority of total revenue.

Veeco Instruments (STU:VEO) Headlines

No Headlines