GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SiTime Corp (NAS:SITM) » Definitions » PB Ratio

SiTime (SiTime) PB Ratio : 2.96 (As of May. 06, 2024)


View and export this data going back to 2019. Start your Free Trial

What is SiTime 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 (2024-05-06), SiTime's share price is $92.25. SiTime's Book Value per Share for the quarter that ended in Dec. 2023 was $31.20. Hence, SiTime's PB Ratio of today is 2.96.

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

SITM' s PB Ratio Range Over the Past 10 Years
Min: 2.26   Med: 5.91   Max: 86.14
Current: 2.96

During the past 7 years, SiTime's highest PB Ratio was 86.14. The lowest was 2.26. And the median was 5.91.

SITM's PB Ratio is ranked worse than
59.9% of 970 companies
in the Semiconductors industry
Industry Median: 2.41 vs SITM: 2.96

During the past 12 months, SiTime's average Book Value Per Share Growth Rate was -4.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 69.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 111.70% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of SiTime was 240.40% per year. The lowest was 69.50% per year. And the median was 85.95% per year.

Back to Basics: PB Ratio


SiTime PB Ratio Historical Data

The historical data trend for SiTime'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.

SiTime PB Ratio Chart

SiTime Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 6.14 17.47 9.63 3.11 3.91

SiTime Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.11 4.37 3.70 3.61 3.91

Competitive Comparison of SiTime's PB Ratio

For the Semiconductors subindustry, SiTime'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.


SiTime's PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SiTime's PB Ratio distribution charts can be found below:

* The bar in red indicates where SiTime's PB Ratio falls into.



SiTime 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.

SiTime's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=92.25/31.202
=2.96

* 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.


SiTime  (NAS:SITM) 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.


SiTime PB Ratio Related Terms

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


SiTime (SiTime) Business Description

Traded in Other Exchanges
N/A
Address
5451 Patrick Henry Drive, Santa Clara, CA, USA, 95054
SiTime Corp is a USA-based provider of silicon timing systems solutions. The company designs develops and sell silicon timing systems solutions for different industries including automotive, infrastructure, aerospace-defense, consumer, internet of things, consumer and industrials. Its product offerings include Stratum 3E DCOCXOs, Programmable OCXOs, MHz Oscillators, 32.768 kHz Oscillators, Embedded Resonators, Precision MHz Super-TCXOs, and Ruggedized Oscillators. It sells its products around Taiwan, Hong Kong, the United States, and other regions and generates the majority of its revenue from Taiwan.
Executives
Fariborz Assaderaghi officer: See Remarks C/O SITIME CORPORATION, 5451 PATRICK HENRY DR., SANTA CLARA CA 95054
Rajesh Vashist director, officer: Chief Executive Officer C/O SITIME CORPORATION, 5451 PATRICK HENRY DR., SANTA CLARA CA 95054
Vincent P Pangrazio officer: EVP & Chief Legal Officer C/O CAVIUM NETWORKS, INC., 805 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Piyush B Sevalia officer: See Remarks C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Lionel Bonnot officer: See Remarks 3450 W. WARREN AVENUE, FREMONT CA 94538
Arthur D Chadwick officer: See Remarks 280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
Katherine Schuelke director 47488 KATO ROAD, FREMONT CA 94538
Torsten Kreindl director C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Raman Chitkara director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Edward H. Frank director C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Tom Dang-hsing Yiu director C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Akira Takata director C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Christine Heckart director C/O LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Megachips Corp /fi 10 percent owner 1-1-1 MIYAHARA, YODOGAWA-KU, OSAKA M0 532-0003