Novatek Microelectronics Corp., together with its subsidiaries, engages in research and development, manufacture, and sale of integrated circuit chips for speech, communication, computer peripheral, LCD driver IC system, embedded MCU, DSP, and system applications. The company provides display driver ICs for LCD displays, televisions (TVs), notebook computers, desktop monitors, cameras, tablet PCs, automotive display screens, smart phones, and wearable products; and system on chips products for digital and smart TVs, notebook computers, desktop monitors, mobile phones, tablet PCs, camera modules, dashcam recording, IP cams, car backup camera modules, automotive safety assistance systems, and multimedia and mobile phone camera module applications. It is also involved in the trading and consulting services; offers electronic spare parts; and provision of design, development, amendment, testing, and related consulting services for multimedia VLSI software. The company has operations in Taiwan, Asia, and internationally. Novatek Microelectronics Corp. was incorporated in 1997 and is headquartered in Hsinchu, Taiwan.
P/B ratio for Novatek Microelectronics Corp. (3034.TW)
P/B ratio as of 2023: 4.68
According to Novatek Microelectronics Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 4.68. At the end of 2022 the company had a P/B ratio of 2.93.
P/B ratio history for Novatek Microelectronics Corp. from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 4.68 |
| 2022 | 2.93 |
| 2021 | 4.66 |
| 2020 | 5.62 |
| 2019 | 4.03 |
| 2018 | 2.78 |
| 2017 | 2.42 |
| 2016 | 2.32 |
| 2015 | 2.75 |
| 2014 | 3.84 |
| 2013 | 3.01 |
| 2012 | 3.01 |
| 2011 | 2.05 |
| 2010 | 2.54 |
| 2009 | 3.07 |
| 2008 | 0.97 |
| 2007 | 3.92 |
| 2006 | 5.14 |