Micronics Japan Co (TSE:6871) PB Ratio : 6.85 (As of May. 05, 2024)

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What is Micronics Japan Co 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 (2024-05-05), Micronics Japan Co's share price is 円7310.00. Micronics Japan Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円1,067.87. Hence, Micronics Japan Co's PB Ratio of today is 6.85.

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

TSE:6871' s PB Ratio Range Over the Past 10 Years
Min: 0.67 Med: 1.9 Max: 13.28
Current: 6.84

During the past 13 years, Micronics Japan Co's highest PB Ratio was 13.28. The lowest was 0.67. And the median was 1.90.

TSE:6871's PB Ratio is ranked worse than
88.04% of 970 companies
in the Semiconductors industry
Industry Median: 2.415 vs TSE:6871: 6.84

During the past 12 months, Micronics Japan Co's average Book Value Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Micronics Japan Co was 24.30% per year. The lowest was -16.30% per year. And the median was 2.80% per year.

Back to Basics: PB Ratio

Micronics Japan Co PB Ratio Historical Data

The historical data trend for Micronics Japan Co'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.

Micronics Japan Co PB Ratio Chart

Micronics Japan Co Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Dec21

Dec22

PB Ratio

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1.28

1.44

1.72

2.16

1.30

Micronics Japan Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.30	1.37	2.02	2.10	3.44

Competitive Comparison of Micronics Japan Co's PB Ratio

For the Semiconductor Equipment & Materials subindustry, Micronics Japan Co'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.

Micronics Japan Co's PB Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where Micronics Japan Co's PB Ratio falls into.

Micronics Japan Co 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.

Micronics Japan Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	7310.00	/	1067.872
	=	6.85

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Micronics Japan Co (TSE:6871) 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.

Micronics Japan Co PB Ratio Related Terms

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Micronics Japan Co (TSE:6871) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micronics Japan Co Ltd (TSE:6871) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

MJ3:Germany

Address

2-6-8 Kichijoji Hon-cho, Musashino-shi, Tokyo, JPN, 180 8508

Website

http://www.mjc.co.jp

Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.

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