MITNF (MI Technovation Bhd) Price-to-Tangible-Book : 2.57 (As of Dec. 04, 2024)

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What is MI Technovation Bhd Price-to-Tangible-Book?

As of today (2024-12-04), MI Technovation Bhd's share price is $0.57. MI Technovation Bhd's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $0.22. Hence, MI Technovation Bhd's Price to Tangible Book Ratio of today is 2.57.

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

MITNF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31 Med: 2.93 Max: 7.98
Current: 2.19

During the past 9 years, MI Technovation Bhd's highest Price to Tangible Book Ratio was 7.98. The lowest was 1.31. And the median was 2.93.

MITNF's Price-to-Tangible-Book is ranked better than
53.53% of 949 companies
in the Semiconductors industry
Industry Median: 2.42 vs MITNF: 2.19

A closely related ratio is called PB Ratio. As of today, MI Technovation Bhd's share price is $0.57. MI Technovation Bhd's Book Value per Sharefor the quarter that ended in Sep. 2024 was $0.27. Hence, MI Technovation Bhd's P/B Ratio of today is 2.09.

MI Technovation Bhd Price-to-Tangible-Book Historical Data

The historical data trend for MI Technovation Bhd'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.

MI Technovation Bhd Price-to-Tangible-Book Chart

MI Technovation Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.64

2.71

MI Technovation Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.77	2.71	2.71	2.63	2.57

Competitive Comparison of MI Technovation Bhd's Price-to-Tangible-Book

For the Semiconductor Equipment & Materials subindustry, MI Technovation Bhd'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.

MI Technovation Bhd's Price-to-Tangible-Book Distribution in the Semiconductors Industry

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

* The bar in red indicates where MI Technovation Bhd's Price-to-Tangible-Book falls into.

MI Technovation Bhd Price-to-Tangible-Book Calculation

MI Technovation Bhd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2024 )
	=	0.57	/	0.222
	=	2.57

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

MI Technovation Bhd Price-to-Tangible-Book Related Terms

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

MI Technovation Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MI Technovation Bhd (OTCPK:MITNF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

5286:Malaysia

Address

No. 20, Medan Bayan Lepas Technoplex, MK 12, Taman Perindustrian Bayan Lepas, Bayan Lepas, PNG, MYS, 11900

Website

https://www.mi-eq.com

MI Technovation Bhd is an investment holding company. The group is involved in the design, development, manufacture, and sale of wafer-level chip-scale packaging sorting machines with inspection and testing capabilities for the semiconductor industry. Its reportable segments include Semiconductor Equipment Business Unit, Semiconductor Material Business Unit, Semiconductor Solutions Business Unit, and Others. Its majority of revenue comes from the Semiconductor Material Business Unit segment which is Involved in the manufacturing and sale of solder spheres (also known as solder balls), a key assembly and packaging material in the semiconductor industry.

MI Technovation Bhd Headlines

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