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SolarMax Technology (SolarMax Technology) Price-to-Tangible-Book : (As of Jun. 09, 2024)


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What is SolarMax Technology Price-to-Tangible-Book?

As of today (2024-06-09), SolarMax Technology's share price is $5.90. SolarMax Technology's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-0.18. Hence, SolarMax Technology's Price to Tangible Book Ratio of today is .

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

SMXT's Price-to-Tangible-Book is not ranked *
in the Semiconductors industry.
Industry Median: 2.64
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, SolarMax Technology's share price is $5.90. SolarMax Technology's Book Value per Sharefor the quarter that ended in Mar. 2024 was $-0.01. Hence, SolarMax Technology's P/B Ratio of today is .


SolarMax Technology Price-to-Tangible-Book Historical Data

The historical data trend for SolarMax Technology'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.

SolarMax Technology Price-to-Tangible-Book Chart

SolarMax Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
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SolarMax Technology Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of SolarMax Technology's Price-to-Tangible-Book

For the Solar subindustry, SolarMax Technology'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.


SolarMax Technology's Price-to-Tangible-Book Distribution in the Semiconductors Industry

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

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



SolarMax Technology Price-to-Tangible-Book Calculation

SolarMax Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=5.90/-0.178
=

* 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.


SolarMax Technology Price-to-Tangible-Book Related Terms

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


SolarMax Technology (SolarMax Technology) Business Description

Comparable Companies
Traded in Other Exchanges
Address
3080 12th Street, Riverside, CA, USA, 92507
SolarMax Technology Inc is an integrated solar and renewable energy company. It operates in two segments namely the United States and China. The United States business includes the sale and installation of photovoltaic and battery backup systems. China operations consist of operating and maintaining solar farm projects and identifying and procuring solar farm projects for resale to third parties. Some of its products are LG Solar Panels, QCELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from the Solar energy systems.

SolarMax Technology (SolarMax Technology) Headlines