Price to Book Value (P/BV)
since 2005
Paying user area
Try for free
Monolithic Power Systems Inc. pages available for free this week:
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Monolithic Power Systems Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Monolithic Power Systems Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Stockholders’ equity1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 3, 2025 | = | ÷ | = | ÷ | |||||||
| Nov 6, 2024 | = | ÷ | = | ÷ | |||||||
| Feb 24, 2023 | = | ÷ | = | ÷ | |||||||
| Feb 25, 2022 | = | ÷ | = | ÷ | |||||||
| Mar 1, 2021 | = | ÷ | = | ÷ | |||||||
| Feb 28, 2020 | = | ÷ | = | ÷ | |||||||
| Mar 1, 2019 | = | ÷ | = | ÷ | |||||||
| Mar 1, 2018 | = | ÷ | = | ÷ | |||||||
| Mar 1, 2017 | = | ÷ | = | ÷ | |||||||
| Feb 29, 2016 | = | ÷ | = | ÷ | |||||||
| Mar 2, 2015 | = | ÷ | = | ÷ | |||||||
| Mar 10, 2014 | = | ÷ | = | ÷ | |||||||
| Mar 5, 2013 | = | ÷ | = | ÷ | |||||||
| Mar 12, 2012 | = | ÷ | = | ÷ | |||||||
| Mar 4, 2011 | = | ÷ | = | ÷ | |||||||
| Feb 16, 2010 | = | ÷ | = | ÷ | |||||||
| Feb 27, 2009 | = | ÷ | = | ÷ | |||||||
| Mar 11, 2008 | = | ÷ | = | ÷ | |||||||
| Mar 16, 2007 | = | ÷ | = | ÷ | |||||||
| Mar 28, 2006 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Monolithic Power Systems Inc. Annual Report.
The price-to-book value (P/BV) ratio exhibits considerable fluctuation over the observed period. Initially, the ratio demonstrates a decline from 5.90 in 2006 to a low of 2.66 in 2009, coinciding with a period of economic uncertainty. Subsequently, the ratio experiences a period of moderate increase, peaking at 9.34 in 2018, before exhibiting volatility in more recent years.
- Early Period (2006-2009)
- From 2006 to 2009, the P/BV ratio decreased significantly. This decline suggests a potential decrease in investor confidence relative to the company’s net asset value, or a relative increase in book value compared to the share price. The lowest point, 2.66 in 2009, represents the most substantial undervaluation based on this metric during the analyzed timeframe.
- Growth and Stabilization (2009-2018)
- Following 2009, the P/BV ratio generally trended upward, although not consistently. The ratio increased from 2.66 to 9.34 over this period. This indicates increasing investor optimism and a willingness to pay a higher premium for the company’s net asset value. The growth appears relatively stable, with fluctuations remaining within a defined range.
- Recent Volatility (2018-2025)
- From 2018 onwards, the P/BV ratio demonstrates increased volatility. A peak of 18.36 is observed in 2021, followed by a decrease to 13.69 in 2022, a substantial increase to 18.64 in 2024, and a subsequent decline to 8.81 in 2025. This suggests a period of heightened market sensitivity and potentially changing investor perceptions regarding the company’s future prospects. The significant increase in 2021, followed by declines, warrants further investigation into underlying factors influencing market valuation.
- Book Value Per Share Trend
- The book value per share (BVPS) consistently increased throughout the period, rising from 2.67 in 2006 to 65.72 in 2025. This consistent growth in BVPS provides a baseline for understanding the fluctuations in the P/BV ratio. The recent volatility in P/BV, despite continued growth in BVPS, suggests that market sentiment is playing a more dominant role in valuation.
In summary, the P/BV ratio has transitioned from a period of decline and stabilization to one of increased volatility. While book value per share has consistently increased, the market’s valuation, as reflected in the P/BV ratio, has become more sensitive to external factors in recent years.
Comparison to Competitors
Monolithic Power Systems Inc., P/BV, long-term trends, comparison to competitors
| Monolithic Power Systems Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 3, 2025 | ||||||||||||
| Nov 6, 2024 | ||||||||||||
| Feb 24, 2023 | ||||||||||||
| Feb 25, 2022 | ||||||||||||
| Mar 1, 2021 | ||||||||||||
| Feb 28, 2020 | ||||||||||||
| Mar 1, 2019 | ||||||||||||
| Mar 1, 2018 | ||||||||||||
| Mar 1, 2017 | ||||||||||||
| Feb 29, 2016 | ||||||||||||
| Mar 2, 2015 | ||||||||||||
| Mar 10, 2014 | ||||||||||||
| Mar 5, 2013 | ||||||||||||
| Mar 12, 2012 | ||||||||||||
| Mar 4, 2011 | ||||||||||||
| Feb 16, 2010 | ||||||||||||
| Feb 27, 2009 | ||||||||||||
| Mar 11, 2008 | ||||||||||||
| Mar 16, 2007 | ||||||||||||
| Mar 28, 2006 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Monolithic Power Systems Inc., P/BV, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Monolithic Power Systems Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Mar 3, 2025 | ||
| Nov 6, 2024 | ||
| Feb 24, 2023 | ||
| Feb 25, 2022 | ||
| Mar 1, 2021 | ||
| Feb 28, 2020 | ||
| Mar 1, 2019 | ||
| Mar 1, 2018 | ||
| Mar 1, 2017 | ||
| Feb 29, 2016 | ||
| Mar 2, 2015 | ||
| Mar 10, 2014 | ||
| Mar 5, 2013 | ||
| Mar 12, 2012 | ||
| Mar 4, 2011 | ||
| Feb 16, 2010 | ||
| Feb 27, 2009 | ||
| Mar 11, 2008 | ||
| Mar 16, 2007 | ||
| Mar 28, 2006 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Monolithic Power Systems Inc., P/BV, long-term trends, comparison to industry (information technology)
| Monolithic Power Systems Inc. | Information Technology | |
|---|---|---|
| Mar 3, 2025 | ||
| Nov 6, 2024 | ||
| Feb 24, 2023 | ||
| Feb 25, 2022 | ||
| Mar 1, 2021 | ||
| Feb 28, 2020 | ||
| Mar 1, 2019 | ||
| Mar 1, 2018 | ||
| Mar 1, 2017 | ||
| Feb 29, 2016 | ||
| Mar 2, 2015 | ||
| Mar 10, 2014 | ||
| Mar 5, 2013 | ||
| Mar 12, 2012 | ||
| Mar 4, 2011 | ||
| Feb 16, 2010 | ||
| Feb 27, 2009 | ||
| Mar 11, 2008 | ||
| Mar 16, 2007 | ||
| Mar 28, 2006 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).