What are price to book ratio? If you are a value investor, you may want to know as much as you can with two metrics: Price-To-Earnings & Yield. They are virtually the same, but one si completely upside down from the other. Nonetheless, getting a grasp on this concept will help you when you pick out stocks for a value investing portfolio.
As I have pointed out two things:
- The economy will contract and stocks will move lower because of this; and,
- I want to build a portfolio using purely Value Investing techniques & strategies.
I want to optimize my approach as best I can with finding stocks to invest in. With the leverage of compounding and its ability to really accelerate an investment, I really want to find stocks that will get me to a level in a few years that I can capitalize on long term growth.
While I looked at Price to Earnings just last week, I want to add on to that concept and build in some more information that will be useful.
Price To Book Ratio
Price to Book Ratio allows for someone to look at total equity versus market capitalization. Here is a breakdown of the stocks I have in the technology sector:
Name | Symbol | Price | Market Capitalization | Total Equity | Price Equity | |
---|---|---|---|---|---|---|
3D Systems Corporation | DDD | $10.29 | $1,341,178,015 | $826.9 | 1.622 | |
A10 Networks, Inc. | ATEN | $13.77 | $1,044,103,344 | $175.8 | 5.939 | |
Accenture plc | ACN | $280.04 | $177,281,007,649 | $22011.7 | 8.054 | |
ACI Worldwide, Inc. | ACIW | $27.25 | $3,127,945,750 | $1224.7 | 2.554 | |
ACM Research, Inc. | ACMR | $16.57 | $980,306,036 | $808.8 | 1.212 | |
Adobe Inc. | ADBE | $387.83 | $181,504,433,715 | $13985.0 | 12.979 | |
Advanced Micro Devices, Inc. | AMD | $85.88 | $139,169,390,226 | $55333.0 | 2.515 | |
Aehr Test Systems | AEHR | $9.20 | $247,689,754 | $44.0 | 5.629 | |
Agilysys, Inc. | AGYS | $50.33 | $1,245,013,255 | $132.8 | 9.375 | |
Akamai Technologies, Inc. | AKAM | $89.45 | $14,339,281,045 | $4300.5 | 3.334 | |
Alarm.com Holdings, Inc. | ALRM | $67.53 | $3,382,395,307 | $578.3 | 5.849 | |
Allegro MicroSystems, Inc. | ALGM | $21.96 | $4,190,033,880 | $735.4 | 5.698 | |
Allied Motion Technologies, Inc | AMOT | $24.18 | $374,823,856 | $193.7 | 1.935 | |
Alpha and Omega Semiconductor L | AOSL | $37.14 | $1,005,324,073 | $826.9 | 1.216 | |
Amdocs Limited | DOX | $85.43 | $10,494,221,237 | $3604.4 | 2.912 | |
American Software, Inc. | AMSWA | $16.66 | $560,585,670 | $133.0 | 4.215 | |
Ameriprise Financial, Inc. | AMP | $238.08 | $26,165,944,521 | $5010.0 | 5.223 | |
Amphenol Corporation | APH | $67.65 | $40,396,385,528 | $6503.5 | 6.211 | |
Amtech Systems, Inc. | ASYS | $7.64 | $106,109,666 | $85.2 | 1.245 | |
Analog Devices, Inc. | ADI | $161.45 | $83,922,679,696 | $37099.8 | 2.262 | |
ANSYS, Inc. | ANSS | $247.86 | $21,561,365,247 | $4364.0 | 4.941 | |
Apple Inc. | AAPL | $151.00 | $2,443,965,142,016 | $67399.0 | 36.261 | |
Applied Materials, Inc. | AMAT | $98.23 | $1,202,715,875,208 | $11579.0 | 103.870 | |
Arista Networks, Inc. | ANET | $104.75 | $32,189,675,000 | $4153.0 | 7.751 | |
Arrow Electronics, Inc. | ARW | $117.14 | $7,735,574,139 | $5428.0 | 1.425 | |
ASE Technology Holding Co., Ltd. | ASX | $5.64 | $106,109,666 | $9207.9 | 0.012 | |
ASGN Incorporated | ASGN | $93.51 | $4,778,361,109 | $1869.2 | 2.556 | |
ASML Holding N.V. - New York Re | ASML | $498.36 | $200,640,718,848 | $9729.9 | 20.621 | |
Aspen Technology, Inc. | AZPN | $178.90 | $11,121,980,050 | $1734.7 | 6.411 | |
AssetMark Financial Holdings, I | AMK | $18.21 | $1,340,146,672 | $1034.7 | 1.295 | |
Asure Software Inc | ASUR | $5.70 | $114,408,686 | $154.9 | 0.739 | |
Atotech Limited | ATC | $21.41 | $4,169,019,571 | $929.1 | 4.487 | |
AudioCodes Ltd. | AUDC | $22.65 | $722,611,997 | $187.7 | 3.850 | |
Autodesk, Inc. | ADSK | $184.76 | $40,143,173,526 | $681.0 | 58.947 | |
Aviat Networks, Inc. | AVNW | $27.10 | $302,622,994 | $197.3 | 1.534 | |
Avnet, Inc. | AVT | $44.49 | $4,345,858,818 | $4256.0 | 1.021 | |
Axcelis Technologies, Inc. | ACLS | $60.84 | $2,008,961,141 | $559.3 | 3.592 | |
Badger Meter, Inc. | BMI | $82.69 | $2,420,228,874 | $409.9 | 5.904 | |
Bel Fuse Inc. | BELFB | $18.02 | $238,889,344 | $215.4 | 1.109 | |
Belden Inc | BDC | $61.75 | $2,732,820,350 | $947.6 | 2.884 | |
Black Knight, Inc. | BKI | $63.21 | $9,858,610,717 | $2491.2 | 3.957 | |
BM Technologies, Inc. | BMTX | $5.92 | $72,658,528 | $38.0 | 1.912 | |
Boston Scientific Corporation | BSX | $37.71 | $53,909,085,201 | $16735.0 | 3.221 | |
Broadcom Inc. | AVGO | $509.00 | $206,133,793,856 | $20990.0 | 9.821 | |
Broadridge Financial Solutions, | BR | $152.34 | $17,858,360,750 | $1821.0 | 9.807 | |
CACI International, Inc. | CACI | $284.70 | $6,665,595,975 | $2960.9 | 2.251 | |
Cadence Design Systems, Inc. | CDNS | $161.58 | $44,557,141,017 | $2760.2 | 16.143 | |
Calix, Inc | CALX | $42.39 | $2,738,894,162 | $591.8 | 4.628 | |
Cambium Networks Corporation | CMBM | $15.72 | $421,729,879 | $112.4 | 3.752 | |
Camtek Ltd. | CAMT | $28.44 | $1,247,995,571 | $314.7 | 3.966 | |
Canaan Inc. | CAN | $4.28 | $800,116,113 | $626.2 | 1.278 | |
Canadian Solar Inc. | CSIQ | $30.76 | $1,976,908,302 | $2144.7 | 0.922 | |
Canon, Inc. | CAJ | $22.97 | $23,662,545,160 | $26274.3 | 0.901 | |
Cantaloupe, Inc. | CTLP | $5.66 | $402,488,249 | $160.4 | 2.509 | |
CDW Corporation | CDW | $167.53 | $22,635,983,315 | $893.1 | 25.345 | |
Celestica, Inc. | CLS | $10.09 | $1,202,364,778 | $1509.4 | 0.797 | |
Cepton, Inc. | CPTN | $1.54 | $237,233,914 | $23.8 | 9.968 | |
Cerence Inc. | CRNC | $26.33 | $1,034,911,179 | $1056.2 | 0.980 | |
CEVA, Inc. | CEVA | $34.77 | $806,893,492 | $278.1 | 2.901 | |
CGI Inc. | GIB | $83.72 | $19,897,900,130 | $5431.1 | 3.664 | |
ChannelAdvisor Corporation | ECOM | $14.75 | $449,518,050 | $191.3 | 2.350 | |
Check Point Software Technologi | CHKP | $123.75 | $15,854,107,500 | $3146.0 | 5.039 | |
Chindata Group Holdings Limited | CD | $6.94 | $2,546,147,220 | $1620.0 | 1.572 | |
ChipMOS TECHNOLOGIES INC. | IMOS | $23.82 | $866,142,828 | $898.4 | 0.964 | |
Ciena Corporation | CIEN | $49.25 | $7,372,970,856 | $2782.8 | 2.649 | |
Cirrus Logic, Inc. | CRUS | $77.07 | $4,307,596,422 | $1599.8 | 2.693 | |
Cisco Systems, Inc. | CSCO | $44.03 | $182,326,463,745 | $40400.0 | 4.513 | |
Citrix Systems, Inc. | CTXS | $102.57 | $12,983,310,561 | $664.6 | 19.536 | |
Clearfield, Inc. | CLFD | $78.38 | $1,079,417,970 | $123.4 | 8.747 | |
Cognex Corporation | CGNX | $46.98 | $8,162,211,160 | $1358.7 | 6.007 | |
Cognizant Technology Solutions | CTSH | $67.42 | $35,137,551,204 | $11973.0 | 2.935 | |
Cohu, Inc. | COHU | $27.82 | $1,353,006,211 | $886.9 | 1.526 | |
Coinbase Global, Inc. | COIN | $65.83 | $17,240,877,479 | $6496.1 | 2.654 | |
Commvault Systems, Inc. | CVLT | $59.65 | $2,674,461,503 | $255.8 | 10.455 | |
Concentrix Corporation | CNXC | $129.21 | $6,724,670,194 | $2726.1 | 2.467 | |
Conduent Incorporated | CNDT | $4.56 | $983,154,227 | $1404.0 | 0.700 | |
Consensus Cloud Solutions, Inc. | CCSI | $49.30 | $986,759,204 | -$313.0 | -3.153 | |
Corning Incorporated | GLW | $34.19 | $28,877,282,026 | $12629.0 | 2.287 | |
Corsair Gaming, Inc. | CRSR | $13.19 | $1,258,324,693 | $611.5 | 2.058 | |
Cricut, Inc. | CRCT | $7.00 | $1,552,718,944 | $706.6 | 2.197 | |
CSG Systems International, Inc. | CSGS | $61.86 | $2,006,608,513 | $414.2 | 4.845 | |
CyberOptics Corporation | CYBE | $36.20 | $268,013,221 | $82.8 | 3.237 | |
Daily Journal Corp. (S.C.) | DJCO | $267.00 | $368,660,250 | $233.7 | 1.577 | |
Daktronics, Inc. | DAKT | $3.39 | $152,664,586 | $191.6 | 0.797 | |
DAQO New Energy Corp. | DQ | $67.46 | $5,026,235,135 | $3340.2 | 1.505 | |
Datadog, Inc. | DDOG | $92.96 | $29,283,979,287 | $1116.9 | 26.219 | |
Dell Technologies Inc. | DELL | $44.04 | $32,568,374,101 | -$2355.0 | -13.829 | |
Digi International Inc. | DGII | $26.23 | $920,274,287 | -$3.3 | -278.871 | |
Digihost Technology Inc. | DGHI | $1.29 | $36,253,126 | $79.6 | 0.455 | |
Digital Turbine, Inc. | APPS | $18.85 | $1,862,214,157 | $516.2 | 3.608 | |
Diodes Incorporated | DIOD | $71.67 | $3,242,873,908 | $1360.0 | 2.384 | |
DLocal Limited | DLO | $27.82 | $8,207,678,869 | $310.1 | 26.468 | |
Dolby Laboratories | DLB | $73.56 | $7,421,835,953 | $2605.2 | 2.849 | |
DoubleVerify Holdings, Inc. | DV | $23.60 | $3,858,671,051 | $813.7 | 4.742 | |
Dropbox, Inc. | DBX | $22.41 | $8,417,285,582 | -$463.3 | -18.168 | |
DXC Technology Company | DXC | $30.79 | $7,071,077,906 | $5375.0 | 1.316 | |
Dynatrace, Inc. | DT | $36.90 | $10,599,894,438 | $1304.4 | 8.126 | |
E2open Parent Holdings, Inc. | ETWO | $6.64 | $2,004,742,172 | $3442.7 | 0.582 | |
Ebix, Inc. | EBIX | $19.85 | $613,460,291 | $705.3 | 0.870 | |
EchoStar Corporation | SATS | $19.82 | $1,658,168,922 | $3557.9 | 0.466 | |
eGain Corporation | EGAN | $9.93 | $315,980,553 | $56.3 | 5.612 | |
EMCORE Corporation | EMKR | $3.30 | $123,819,298 | $139.8 | 0.886 | |
Endava plc | DAVA | $89.48 | $5,010,352,255 | $518.9 | 9.656 | |
Enphase Energy, Inc. | ENPH | $213.34 | $28,806,873,025 | $331.0 | 87.030 | |
Entegris, Inc. | ENTG | $99.35 | $14,780,796,817 | $1820.3 | 8.120 | |
EPAM Systems, Inc. | EPAM | $323.42 | $18,483,809,529 | $2553.8 | 7.238 | |
ePlus inc. | PLUS | $52.85 | $1,417,362,969 | $660.7 | 2.145 | |
Ericsson | ERIC | $7.17 | $24,089,263,782 | $12492.1 | 1.928 | |
ESCO Technologies Inc. | ESE | $70.68 | $1,827,141,619 | $1021.1 | 1.789 | |
Euronet Worldwide, Inc. | EEFT | $102.28 | $5,170,305,078 | $1143.6 | 4.521 | |
Everspin Technologies, Inc. | MRAM | $5.20 | $104,173,676 | $30.1 | 3.461 | |
Evertec, Inc. | EVTC | $37.15 | $2,657,922,715 | $495.1 | 5.368 | |
EVO Payments, Inc. | EVOP | $25.95 | $2,173,849,832 | $374.4 | 5.806 | |
ExlService Holdings, Inc. | EXLS | $146.96 | $4,891,740,175 | $700.3 | 6.985 | |
Extreme Networks, Inc. | EXTR | $10.60 | $1,386,861,649 | $99.3 | 13.966 | |
F5, Inc. | FFIV | $151.68 | $9,172,392,517 | $2397.1 | 3.826 | |
Fabrinet | FN | $86.22 | $3,171,619,988 | $1228.7 | 2.581 | |
Fair Isaac Corproation | FICO | $440.43 | $11,421,230,570 | -$663.4 | -17.216 | |
Fathom Digital Manufacturing Co | FATH | $3.98 | $542,406,374 | $1280.7 | 0.424 | |
Fidelity National Information S | FIS | $97.10 | $59,031,554,118 | $47210.0 | 1.250 | |
First Solar, Inc. | FSLR | $70.65 | $7,530,159,762 | $5875.2 | 1.282 | |
Fiserv, Inc. | FISV | $97.56 | $63,062,195,500 | $32142.0 | 1.962 | |
FleetCor Technologies, Inc. | FLT | $219.15 | $16,949,235,847 | $2904.0 | 5.837 | |
Flex Ltd. | FLEX | $15.08 | $6,909,460,045 | $4207.1 | 1.642 | |
FormFactor, Inc. | FORM | $38.87 | $3,034,343,865 | $846.7 | 3.584 | |
Fortinet, Inc. | FTNT | $59.20 | $47,516,053,706 | $233.2 | 203.757 | |
Fortive Corporation | FTV | $56.60 | $20,288,156,253 | $9566.7 | 2.121 | |
Garmin Ltd. | GRMN | $103.24 | $19,938,223,761 | $6248.8 | 3.191 | |
Gartner, Inc. | IT | $247.57 | $19,939,040,819 | $118.2 | 168.689 | |
Genpact Limited | G | $45.12 | $8,353,922,321 | $1847.7 | 4.521 | |
Gilat Satellite Networks Ltd. | GILT | $6.43 | $363,828,037 | $246.9 | 1.474 | |
GlobalFoundries Inc. | GFS | $46.85 | $25,287,191,477 | $8339.0 | 3.032 | |
Globant S.A. | GLOB | $191.92 | $8,017,649,843 | $1349.1 | 5.943 | |
GoDaddy Inc. | GDDY | $73.33 | $11,884,226,160 | -$468.7 | -25.356 | |
GoPro, Inc. | GPRO | $5.85 | $920,058,781 | $592.8 | 1.552 | |
Harmonic Inc. | HLIT | $9.69 | $1,012,498,366 | $284.7 | 3.556 | |
Hewlett Packard Enterprise Comp | HPE | $13.78 | $17,904,767,714 | $20582.0 | 0.870 | |
Himax Technologies, Inc. | HIMX | $6.69 | $1,166,060,373 | $988.8 | 1.179 | |
HP Inc. | HPQ | $32.83 | $33,950,819,144 | -$1898.0 | -17.888 | |
IBEX Limited | IBEX | $19.68 | $362,094,293 | $96.9 | 3.737 | |
Ichor Holdings | ICHR | $28.68 | $821,122,748 | $511.8 | 1.604 | |
Identiv, Inc. | INVE | $12.04 | $268,913,399 | $73.8 | 3.644 | |
II-VI Incorporated | IIVI | $49.93 | $6,442,767,519 | $4384.2 | 1.470 | |
Immersion Corporation | IMMR | $5.67 | $190,591,949 | $143.4 | 1.329 | |
Information Services Group, Inc | III | $7.10 | $341,624,305 | $97.4 | 3.507 | |
Infosys Limited | INFY | $18.71 | $78,467,678,958 | $9994.0 | 7.851 | |
Insight Enterprises, Inc. | NSIT | $88.65 | $3,109,345,613 | $1539.0 | 2.020 | |
Intel Corporation | INTC | $40.22 | $164,459,582,417 | $103136.0 | 1.595 | |
International Business Machines | IBM | $130.88 | $117,310,365,976 | $19476.0 | 6.023 | |
International Money Express, In | IMXI | $22.48 | $864,180,638 | $152.7 | 5.659 | |
inTest Corporation | INTT | $7.21 | $79,347,492 | $56.0 | 1.417 | |
Intuit Inc. | INTU | $403.86 | $113,919,609,857 | $16961.0 | 6.717 | |
IPG Photonics Corporation | IPGP | $98.65 | $5,117,232,069 | $2708.2 | 1.890 | |
ironSource Ltd. | IS | $3.69 | $3,774,906,899 | $1145.1 | 3.297 | |
Ituran Location and Control Ltd | ITRN | $24.34 | $499,274,253 | $149.0 | 3.351 | |
Jabil Inc. | JBL | $54.92 | $7,554,520,787 | $2357.0 | 3.205 | |
Jack Henry & Associates, Inc. | JKHY | $194.45 | $14,167,976,787 | $1328.6 | 10.664 | |
JinkoSolar Holding Company Limi | JKS | $62.42 | $3,046,045,974 | $3855.0 | 0.790 | |
Juniper Networks, Inc. | JNPR | $29.18 | $9,427,912,432 | $4266.9 | 2.210 | |
Keysight Technologies Inc. | KEYS | $147.55 | $26,551,032,849 | $3779.0 | 7.026 | |
KLA Corporation | KLAC | $345.58 | $49,309,425,964 | $4078.6 | 12.090 | |
Knowles Corporation | KN | $18.67 | $1,713,056,447 | $1474.1 | 1.162 | |
Koss Corporation | KOSS | $7.38 | $67,510,765 | $22.2 | 3.041 | |
Kulicke and Soffa Industries, I | KLIC | $48.70 | $2,879,635,915 | $1137.3 | 2.532 | |
Lam Research Corporation | LRCX | $446.94 | $61,997,286,014 | $6026.5 | 10.287 | |
Leidos Holdings, Inc. | LDOS | $100.15 | $13,686,699,508 | $4008.0 | 3.415 | |
LG Display Co, Ltd AMERICAN DEP | LPL | $5.93 | $4,243,691,564 | $12147.4 | 0.349 | |
Littelfuse, Inc. | LFUS | $248.54 | $6,148,556,331 | $2000.7 | 3.073 | |
Logitech International S.A. - R | LOGI | $55.98 | $9,219,010,244 | $2398.7 | 3.843 | |
LSI Industries Inc. | LYTS | $5.76 | $153,532,806 | $142.5 | 1.077 | |
Lumentum Holdings Inc. | LITE | $83.59 | $5,767,709,747 | $1912.1 | 3.016 | |
Lytus Technologies Holdings PTV | LYT | $3.93 | $144,480,557 | $13.6 | 10.624 | |
MACOM Technology Solutions Hold | MTSI | $50.19 | $3,507,803,898 | $554.3 | 6.328 | |
Magnachip Semiconductor Corpora | MX | $16.43 | $737,615,005 | $461.2 | 1.599 | |
Mandiant, Inc. | MNDT | $22.66 | $5,345,040,764 | $1813.6 | 2.947 | |
Manhattan Associates, Inc. | MANH | $114.75 | $7,242,274,125 | $217.1 | 33.359 | |
ManTech International Corporati | MANT | $95.88 | $3,926,496,823 | $1694.3 | 2.317 | |
Markforged Holding Corporation | MKFG | $2.11 | $396,532,280 | $254.4 | 1.559 | |
Materialise NV | MTLS | $14.07 | $831,023,426 | $259.0 | 3.209 | |
Maxar Technologies Inc. | MAXR | $25.89 | $1,908,382,923 | $1475.0 | 1.294 | |
MaxLinear, Inc | MXL | $37.69 | $2,924,883,195 | $527.8 | 5.542 | |
Mesa Laboratories, Inc. | MLAB | $199.86 | $1,058,658,423 | $393.8 | 2.688 | |
Methode Electronics, Inc. | MEI | $37.23 | $1,426,050,456 | $913.8 | 1.561 | |
Microchip Technology Incorporat | MCHP | $64.52 | $35,646,263,760 | $5894.8 | 6.047 | |
Micron Technology, Inc. | MU | $62.40 | $68,836,558,688 | $49281.0 | 1.397 | |
Microsoft Corporation | MSFT | $259.53 | $1,941,032,584,483 | $162924.0 | 11.914 | |
Mitek Systems, Inc. | MITK | $9.57 | $424,399,819 | $186.4 | 2.277 | |
MKS Instruments, Inc. | MKSI | $106.95 | $5,952,772,660 | $3027.0 | 1.967 | |
Monolithic Power Systems, Inc. | MPWR | $426.24 | $19,881,111,864 | $1326.1 | 14.992 | |
Motorola Solutions, Inc. | MSI | $218.28 | $36,517,587,209 | -$298.0 | -122.542 | |
N-able, Inc. | NABL | $9.15 | $1,646,277,008 | $618.6 | 2.661 | |
National Instruments Corporatio | NATI | $33.30 | $4,368,094,099 | $1207.4 | 3.618 | |
NCR Corporation | NCR | $32.78 | $4,477,747,833 | $1599.0 | 2.800 | |
NetApp, Inc. | NTAP | $68.31 | $15,109,488,359 | $838.0 | 18.030 | |
NetScout Systems, Inc. | NTCT | $32.76 | $2,341,805,760 | $2060.4 | 1.137 | |
NICE Ltd | NICE | $203.10 | $12,903,268,347 | $2834.7 | 4.552 | |
Nokia Corporation Sponsored | NOK | $4.68 | $26,312,783,111 | $20005.6 | 1.315 | |
NortonLifeLock Inc. | NLOK | $24.69 | $14,321,780,469 | -$93.0 | -153.998 | |
Nova Ltd. | NVMI | $97.87 | $2,809,906,500 | $495.5 | 5.671 | |
Novanta Inc. | NOVT | $127.71 | $4,559,783,349 | $534.7 | 8.528 | |
Nuvei Corporation - Subordinate | NVEI | $34.07 | $4,781,895,079 | $1904.0 | 2.511 | |
NVIDIA Corporation | NVDA | $169.92 | $423,440,635,437 | $26320.0 | 16.088 | |
NXP Semiconductors N.V. | NXPI | $170.43 | $44,748,949,663 | $6760.0 | 6.620 | |
Olo Inc. | OLO | $11.00 | $1,761,902,912 | $705.0 | 2.499 | |
ON Semiconductor Corporation | ON | $58.78 | $25,540,261,209 | $5018.0 | 5.090 | |
Onto Innovation Inc. | ONTO | $77.05 | $3,818,343,886 | $1472.3 | 2.593 | |
Open Text Corporation | OTEX | $39.65 | $10,614,583,275 | $4055.9 | 2.617 | |
Oracle Corporation | ORCL | $72.24 | $192,514,540,974 | -$5768.0 | -33.376 | |
OSI Systems, Inc. | OSIS | $90.94 | $1,549,972,307 | $618.5 | 2.506 | |
PagSeguro Digital Ltd. | PAGS | $11.12 | $3,646,470,362 | $2266.4 | 1.609 | |
Paya Holdings Inc. | PAYA | $6.60 | $871,675,187 | $245.6 | 3.549 | |
Paycom Software, Inc. | PAYC | $311.49 | $18,768,517,871 | $1009.0 | 18.601 | |
Paylocity Holding Corporation | PCTY | $183.45 | $10,112,644,391 | $565.4 | 17.886 | |
PC Connection, Inc. | CNXN | $45.75 | $1,201,715,250 | $705.5 | 1.703 | |
Perficient, Inc. | PRFT | $95.74 | $3,317,256,889 | $343.6 | 9.654 | |
Photronics, Inc. | PLAB | $20.64 | $1,271,450,794 | $1050.2 | 1.211 | |
Plantronics, Inc. | POLY | $39.85 | $1,741,440,948 | $20.2 | 86.210 | |
Plexus Corp. | PLXS | $81.31 | $2,254,173,324 | $1040.6 | 2.166 | |
Power Integrations, Inc. | POWI | $78.16 | $4,557,322,229 | $820.6 | 5.554 | |
Progress Software Corporation | PRGS | $45.20 | $1,964,486,953 | $372.1 | 5.279 | |
PTC Inc. | PTC | $107.59 | $12,585,447,411 | $2084.1 | 6.039 | |
PubMatic, Inc. | PUBM | $15.76 | $820,363,171 | $267.7 | 3.064 | |
Qorvo, Inc. | QRVO | $102.42 | $10,623,719,150 | $4553.2 | 2.333 | |
QUALCOMM Incorporated | QCOM | $147.37 | $165,054,394,531 | $13328.0 | 12.384 | |
Qualys, Inc. | QLYS | $127.56 | $4,953,677,701 | $426.6 | 11.612 | |
Radware Ltd. | RDWR | $22.40 | $1,004,433,902 | $352.8 | 2.847 | |
Red Violet, Inc. | RDVT | $20.77 | $280,874,793 | $71.2 | 3.945 | |
Remark Holdings, Inc. | MARK | $0.44 | $46,269,519 | $6.1 | 7.585 | |
Renesola Ltd. American Depsitar | SOL | $4.91 | $329,631,857 | $443.7 | 0.743 | |
Richardson Electronics, Ltd. | RELL | $16.25 | $221,999,375 | $129.6 | 1.713 | |
Rimini Street, Inc. | RMNI | $6.24 | $543,129,580 | -$77.3 | -7.026 | |
Riot Blockchain, Inc | RIOT | $6.98 | $944,729,042 | $1387.7 | 0.681 | |
Rogers Corporation | ROG | $266.01 | $5,001,892,617 | $1117.5 | 4.476 | |
Rubicon Technology, Inc. | RBCN | $15.81 | $38,681,537 | $29.9 | 1.294 | |
Salesforce, Inc. | CRM | $173.81 | $172,940,947,570 | $58876.0 | 2.937 | |
Sanmina Corporation | SANM | $43.33 | $2,636,374,964 | $1838.1 | 1.434 | |
SAP SE | SAP | $92.34 | $108,922,415,835 | $47149.0 | 2.310 | |
Sapiens International Corporati | SPNS | $25.35 | $1,396,970,076 | $417.9 | 3.343 | |
ScanSource, Inc. | SCSC | $31.91 | $805,156,307 | $806.7 | 0.998 | |
SCIENCE APPLICATIONS INTERNATIO | SAIC | $92.75 | $5,164,663,175 | $1650.0 | 3.130 | |
Seagate Technology Holdings PLC | STX | $80.79 | $17,357,246,956 | $421.0 | 41.229 | |
Semtech Corporation | SMTC | $56.98 | $3,616,965,014 | $735.2 | 4.920 | |
Sensata Technologies Holding pl | ST | $42.72 | $6,703,537,151 | $3072.3 | 2.182 | |
ServiceNow, Inc. | NOW | $435.94 | $87,388,532,889 | $3997.0 | 21.864 | |
Shoals Technologies Group, Inc. | SHLS | $17.76 | $1,996,277,305 | -$1.4 | -1425.912 | |
Shopify Inc. | SHOP | $34.37 | $43,355,005,152 | $9786.5 | 4.430 | |
Silicom Ltd | SILC | $36.10 | $240,094,591 | $159.2 | 1.508 | |
Silicon Laboratories, Inc. | SLAB | $136.92 | $5,008,615,685 | $2007.7 | 2.495 | |
Silicon Motion Technology Corpo | SIMO | $86.39 | $2,854,809,363 | $618.7 | 4.614 | |
SiTime Corporation | SITM | $172.20 | $3,623,415,115 | $653.9 | 5.541 | |
Skyworks Solutions, Inc. | SWKS | $104.24 | $16,774,925,896 | $5188.6 | 3.233 | |
SMART Global Holdings, Inc. | SGH | $18.40 | $919,843,580 | $399.1 | 2.305 | |
SolarEdge Technologies, Inc. | SEDG | $290.30 | $16,078,932,513 | $2010.5 | 7.997 | |
Sonos, Inc. | SONO | $19.93 | $2,548,827,809 | $671.7 | 3.795 | |
Sony Group Corporation | SONY | $85.02 | $105,109,375,730 | $59394.6 | 1.770 | |
Sportradar Group AG | SRAD | $8.38 | $2,488,348,921 | $797.4 | 3.121 | |
SPS Commerce, Inc. | SPSC | $107.20 | $3,869,394,609 | $491.5 | 7.873 | |
SS&C Technologies Holdings, Inc | SSNC | $60.74 | $15,475,397,881 | $6243.6 | 2.479 | |
STMicroelectronics N.V. | STM | $34.37 | $31,158,226,466 | $9827.0 | 3.171 | |
SunPower Corporation | SPWR | $16.64 | $2,893,063,573 | $359.7 | 8.043 | |
Super Micro Computer, Inc. | SMCI | $43.76 | $2,271,445,856 | $1273.9 | 1.783 | |
Switch, Inc. | SWCH | $33.69 | $8,139,503,668 | $625.7 | 13.009 | |
Synaptics Incorporated | SYNA | $130.40 | $5,164,778,638 | $1157.7 | 4.461 | |
Synopsys, Inc. | SNPS | $323.51 | $49,487,326,193 | $5610.9 | 8.820 | |
Taiwan Semiconductor Manufactur | TSM | $86.15 | $446,773,896,886 | $78061.4 | 5.723 | |
TD SYNNEX Corporation | SNX | $95.71 | $9,173,631,134 | $7981.7 | 1.149 | |
TE Connectivity Ltd. New Switze | TEL | $120.01 | $39,703,029,976 | $10549.0 | 3.764 | |
Teledyne Technologies Incorpora | TDY | $395.57 | $18,529,646,296 | $7832.4 | 2.366 | |
Teradata Corporation | TDC | $37.99 | $3,977,553,175 | $237.0 | 16.783 | |
Teradyne, Inc. | TER | $99.23 | $15,896,945,021 | $2474.5 | 6.424 | |
Texas Instruments Incorporated | TXN | $164.64 | $151,820,143,831 | $14017.8 | 10.831 | |
The Descartes Systems Group Inc | DSGX | $66.84 | $5,666,801,833 | $1014.5 | 5.586 | |
The Hackett Group, Inc. | HCKT | $20.08 | $635,552,077 | $150.3 | 4.229 | |
The Trade Desk, Inc. | TTD | $46.02 | $22,380,723,478 | $1649.1 | 13.571 | |
Tower Semiconductor Ltd. | TSEM | $45.89 | $5,010,866,703 | $1657.7 | 3.023 | |
Trimble Inc. | TRMB | $60.88 | $15,228,645,227 | $3987.9 | 3.819 | |
TTEC Holdings, Inc. | TTEC | $66.79 | $3,141,507,767 | $608.5 | 5.163 | |
TTM Technologies, Inc. | TTMI | $12.91 | $1,304,064,904 | $1447.3 | 0.901 | |
Turtle Beach Corporation | HEAR | $13.48 | $223,232,836 | $136.4 | 1.637 | |
Tyler Technologies, Inc. | TYL | $353.80 | $14,673,394,553 | $2387.7 | 6.145 | |
Ubiquiti Inc. | UI | $263.73 | $15,934,145,295 | -$335.0 | -47.565 | |
Ultra Clean Holdings, Inc. | UCTT | $32.80 | $1,479,279,965 | $926.3 | 1.597 | |
United Microelectronics Corpora | UMC | $6.93 | $17,300,050,684 | $10552.0 | 1.640 | |
Universal Display Corporation | OLED | $113.43 | $5,355,518,063 | $1131.1 | 4.735 | |
Veeco Instruments Inc. | VECO | $19.53 | $1,000,775,825 | $403.6 | 2.480 | |
VeriSign, Inc. | VRSN | $181.82 | $19,917,472,702 | -$1285.1 | -15.499 | |
Vicor Corporation | VICR | $53.01 | $2,330,658,790 | $432.2 | 5.393 | |
Vishay Intertechnology, Inc. | VSH | $19.51 | $2,809,888,919 | $1816.1 | 1.547 | |
Vishay Precision Group, Inc. | VPG | $28.81 | $393,080,751 | $281.8 | 1.395 | |
Vmware, Inc. | VMW | $114.14 | $48,103,731,129 | -$411.0 | -117.041 | |
Vontier Corporation | VNT | $23.07 | $3,714,431,625 | $551.9 | 6.730 | |
Western Digital Corporation | WDC | $48.56 | $15,207,438,510 | $11984.0 | 1.269 | |
WEX Inc. | WEX | $166.55 | $7,493,134,602 | $1926.0 | 3.891 | |
Where Food Comes From, Inc. | WFCF | $11.00 | $66,262,240 | $13.9 | 4.767 | |
Wipro Limited | WIT | $5.19 | $28,377,258,184 | $8673.4 | 3.272 | |
WNS (Holdings) Limited Sponsore | WNS | $79.00 | $3,859,142,100 | $754.0 | 5.118 | |
Yalla Group Limited | YALA | $4.26 | $631,647,273 | $362.0 | 1.745 | |
Zebra Technologies Corporation | ZBRA | $311.91 | $16,379,579,550 | $2906.0 | 5.636 | |
Zoom Video Communications, Inc. | ZM | $102.08 | $30,458,425,153 | $5974.8 | 5.098 | |
ZoomInfo Technologies Inc. | ZI | $38.57 | $15,558,867,578 | $2059.4 | 7.555 |
I can easily eliminate any of the stocks that have negative book value, meaning their assets are less than liabilities. But, price to book ratio is a bit different with comparing one stock to another. These ratios will allow you to ask questions.

What is Price-To-Earnings Ratio

When it comes to value investing and stocks, you will want to know what is price to earnings ratio. As its name may imply, price to earnings is exactly that: What the price of a stock is relative to how much a company’s earnings are.
The math on this is very simple: You take the share price of a stock and you divide that over the earnings per share of the stock.
It is important to note two things first:
- Earnings per share would be the total year’s earnings; and,
- There are a few ways to look at ‘earnings’.
First, when we say earnings, what do we mean? Earnings could be the previous four quarters; a Trailing 12-Month (TTM), or it could be future earnings.
I believe the stock market will be faltering significantly, so in this exercise I want to use only the previous 12 months. It is my belief that the economy will contract and businesses are going to see a decline in both revenue and profits. Therefore, using forward earnings would be difficult because these numbers are not going to hold.
Future & Past Earnings Per Share
That being said, however, you could use either forward or past earnings in an either/or method. If a value investor looked at past earnings and felt a company was a solid competitor versus other companies, and at the same time would see accelerating earnings in the future, this is a valuable tool to use.
For me, I often start with trailing 12 month earnings (The previous four quarters), and also look forward to the future potential of earnings as a method to look at a stock.
Baseline comparisons
As I mentioned in last week’s post on my portfolio I am researching for, one of the first things you will need to do is establish a baseline for comparison’s sake.
For instance, if you took a look at all (TTM) earnings on the S&P 500, and looked at price, the broader market is approximately 15.
This means, taking price and dividing that over earnings per share (EPS), for all 500 stocks, you get an average of 15.
One of the first criteria that I am searching for is a stock that is undervalued. So, the first thing I need to look at is for stocks that are trading below 15 on the Price to Earnings basis.
As I showed in the last video, there were some total 620 stocks in the Tech sector that I put together. Of those, some 300 didn’t even make it to break even with earnings. They have immediately been deselected.
Next, there are approximately 100 stocks that are below the 15 level. This means, on an average basis, 100 stocks are priced below average.
It is important to understand that this is a model and not a guarantee that just because a stock is below value one day it will be above value the next.
Looking in to the future
Now that I have the basic 100 stocks to look at what is next is to project into the future what the potential earnings will be from any one company. This will help in determining what future Price:Earnings ratio will be.
I will get into more on that in the future.
What is yield & Price to Book Ratio?
When it comes to value investing and stocks, you will want to know what yield is. Yield is another metric that is quite literally, the opposite of the first metric: Price:Earnings ratio.
For yield, you are asking what an individual stock would give you in yield at a certain price. Figuring this out is very simple: You flip the division of price:earnings to earnings:price.
Whereas when you did the division on Price:Earnings you came up with a whole number, with Earnings:Price, you are getting percentage. This is a yield. If you were to buy a stock at $100.00, and the earnings were at $5.00, with Price:Earnings, this is a stock that is trading at 20x earnings.
But, on a yield basis, the stock is yielding 5%.
If another stock, trading at $100.00, has an earnings of $10.00 then, this is a 10x Price:Earnings ratio and is said to have a 10% yield.
How to use yield
Yield is a very useful metric because it gives you a sense of the “return on investment” you could potentially receive by investing in a stock. If you were to buy any of the above referenced stocks, you may want to weigh the future opportunity in owning each of these stocks.
First, I have two mentioned stocks, if you got a yield of 5% or the second mentioned yield of 10%, is either of these good?
The first place we look toward is the price of the US 10-Year bond and its yield. The 10-Year yield gives us an idea of what the market believes is going to be a good yield and, this is a solid benchmark. For now, the 10-Year yield is just below 3.00% so, any stock yielding more than that should return more than an investment in the US Treasury during the same period of time.
Do you actually get a “yield”
When you invest in a stock, and you measure yield from this stock, are you actually getting this yield? No. Not exactly. What you are getting is participation in the ownership of a company that is receiving a return on its investments in its respective industry.
Comparing Price To Book Ratio & Yield
Which is better? Neither, truthfully. Because the math is basically the same thing, both price to earnings and yield are exactly the same thing. But, price to earnings and yield state the same thing in a different way.
Since the math is the same thing, just flipped, you are not going to glean any information from one number you cannot get from the other.
But, by comparing the price-to-earnings ratio to all other stocks, getting the 15 as a baseline comparison, and by comparing the yield to the 10-year US Treasury, you get another kind of comparison that is useful in different ways.
Name | Symbol | Earnings Per Share | Price | Yield | Yield | |
---|---|---|---|---|---|---|
Canaan Inc. | CAN | $2.27 | $3.90 | 1.718 | 0.582 | |
Alpha and Omega Semiconductor L | AOSL | $17.71 | $34.69 | 1.959 | 0.511 | |
GoPro, Inc. | GPRO | $2.38 | $5.56 | 2.336 | 0.428 | |
Himax Technologies, Inc. | HIMX | $2.78 | $6.64 | 2.388 | 0.419 | |
Silicon Laboratories, Inc. | SLAB | $51.51 | $128.80 | 2.501 | 0.400 | |
BM Technologies, Inc. | BMTX | $1.41 | $5.87 | 4.163 | 0.240 | |
Hewlett Packard Enterprise Comp | HPE | $2.79 | $13.19 | 4.728 | 0.212 | |
DAQO New Energy Corp. | DQ | $15.02 | $73.83 | 4.915 | 0.203 | |
3D Systems Corporation | DDD | $2.02 | $10.15 | 5.025 | 0.199 | |
ASE Technology Holding Co., Ltd | ASX | $0.98 | $5.17 | 5.276 | 0.190 | |
Kulicke and Soffa Industries, I | KLIC | $7.85 | $41.96 | 5.345 | 0.187 | |
ChipMOS TECHNOLOGIES INC. | IMOS | $4.46 | $24.14 | 5.413 | 0.185 | |
Remark Holdings, Inc. | MARK | $0.08 | $0.44 | 5.500 | 0.182 | |
HP Inc. | HPQ | $5.46 | $32.11 | 5.881 | 0.170 | |
Mandiant, Inc. | MNDT | $3.64 | $22.27 | 6.121 | 0.163 | |
Coinbase Global, Inc. | COIN | $9.78 | $60.29 | 6.166 | 0.162 | |
EMCORE Corporation | EMKR | $0.52 | $3.21 | 6.173 | 0.162 | |
Arrow Electronics, Inc. | ARW | $17.98 | $111.91 | 6.224 | 0.161 | |
Intel Corporation | INTC | $6.02 | $37.99 | 6.311 | 0.158 | |
Cepton, Inc. | CPTN | $0.29 | $1.80 | 6.316 | 0.158 | |
Dell Technologies Inc. | DELL | $6.79 | $42.92 | 6.321 | 0.158 | |
LG Display Co, Ltd AMERICAN DEP | LPL | $0.91 | $5.96 | 6.549 | 0.153 | |
Vontier Corporation | VNT | $3.39 | $22.32 | 6.584 | 0.152 | |
Micron Technology, Inc. | MU | $8.77 | $59.14 | 6.743 | 0.148 | |
Flex Ltd. | FLEX | $1.94 | $14.63 | 7.541 | 0.133 | |
Western Digital Corporation | WDC | $5.85 | $45.24 | 7.733 | 0.129 | |
Cohu, Inc. | COHU | $3.34 | $26.38 | 7.898 | 0.127 | |
Vishay Intertechnology, Inc. | VSH | $2.27 | $18.23 | 8.031 | 0.125 | |
Bel Fuse Inc. | BELFB | $2.17 | $17.58 | 8.101 | 0.123 | |
United Microelectronics Corpora | UMC | $0.83 | $6.79 | 8.181 | 0.122 | |
Avnet, Inc. | AVT | $5.29 | $43.53 | 8.229 | 0.122 | |
Gilat Satellite Networks Ltd. | GILT | $0.74 | $6.21 | 8.392 | 0.119 | |
Magnachip Semiconductor Corpora | MX | $1.76 | $15.12 | 8.591 | 0.116 | |
Ebix, Inc. | EBIX | $2.14 | $18.69 | 8.734 | 0.114 | |
Conduent Incorporated | CNDT | $0.49 | $4.29 | 8.755 | 0.114 | |
ScanSource, Inc. | SCSC | $3.51 | $30.87 | 8.795 | 0.114 | |
Jabil Inc. | JBL | $5.84 | $52.06 | 8.914 | 0.112 | |
Ameriprise Financial, Inc. | AMP | $25.97 | $236.53 | 9.108 | 0.110 | |
Seagate Technology Holdings PLC | STX | $8.10 | $74.87 | 9.243 | 0.108 | |
Yalla Group Limited | YALA | $0.44 | $4.08 | 9.273 | 0.108 | |
Consensus Cloud Solutions, Inc. | CCSI | $5.22 | $49.00 | 9.387 | 0.107 | |
Sanmina Corporation | SANM | $4.35 | $40.90 | 9.402 | 0.106 | |
MKS Instruments, Inc. | MKSI | $10.27 | $99.51 | 9.689 | 0.103 | |
Rimini Street, Inc. | RMNI | $0.67 | $6.53 | 9.746 | 0.103 | |
Ichor Holdings | ICHR | $2.52 | $25.65 | 10.179 | 0.098 | |
Knowles Corporation | KN | $1.72 | $17.80 | 10.349 | 0.097 | |
ChannelAdvisor Corporation | ECOM | $1.42 | $14.79 | 10.415 | 0.096 | |
Celestica, Inc. | CLS | $0.93 | $9.78 | 10.516 | 0.095 | |
Qorvo, Inc. | QRVO | $9.40 | $99.41 | 10.576 | 0.095 | |
DXC Technology Company | DXC | $2.81 | $29.87 | 10.630 | 0.094 | |
Diodes Incorporated | DIOD | $6.10 | $65.19 | 10.687 | 0.094 | |
Ultra Clean Holdings, Inc. | UCTT | $2.76 | $29.87 | 10.822 | 0.092 | |
A10 Networks, Inc. | ATEN | $1.24 | $14.24 | 11.484 | 0.087 | |
Super Micro Computer, Inc. | SMCI | $3.45 | $40.46 | 11.728 | 0.085 | |
Calix, Inc | CALX | $3.45 | $40.56 | 11.757 | 0.085 | |
Immersion Corporation | IMMR | $0.48 | $5.65 | 11.771 | 0.085 | |
Ericsson | ERIC | $0.64 | $7.56 | 11.813 | 0.085 | |
Skyworks Solutions, Inc. | SWKS | $8.24 | $97.87 | 11.877 | 0.084 | |
Applied Materials, Inc. | AMAT | $7.48 | $91.19 | 12.191 | 0.082 | |
STMicroelectronics N.V. | STM | $2.56 | $31.24 | 12.203 | 0.082 | |
inTest Corporation | INTT | $0.55 | $6.83 | 12.418 | 0.081 | |
Photronics, Inc. | PLAB | $1.46 | $18.74 | 12.836 | 0.078 | |
SMART Global Holdings, Inc. | SGH | $1.34 | $17.32 | 12.925 | 0.077 | |
Lam Research Corporation | LRCX | $31.98 | $415.12 | 12.981 | 0.077 | |
Silicon Motion Technology Corpo | SIMO | $6.34 | $82.45 | 13.005 | 0.077 | |
Cirrus Logic, Inc. | CRUS | $5.53 | $72.04 | 13.027 | 0.077 | |
ePlus inc. | PLUS | $3.98 | $52.03 | 13.073 | 0.076 | |
Methode Electronics, Inc. | MEI | $2.70 | $35.93 | 13.307 | 0.075 | |
Cricut, Inc. | CRCT | $0.51 | $6.97 | 13.667 | 0.073 | |
Insight Enterprises, Inc. | NSIT | $6.34 | $87.11 | 13.740 | 0.073 | |
QUALCOMM Incorporated | QCOM | $9.76 | $136.01 | 13.935 | 0.072 | |
PC Connection, Inc. | CNXN | $3.14 | $43.82 | 13.955 | 0.072 | |
Axcelis Technologies, Inc. | ACLS | $3.70 | $52.27 | 14.127 | 0.071 | |
Maxar Technologies Inc. | MAXR | $1.83 | $26.24 | 14.339 | 0.070 | |
Logitech International S.A. - R | LOGI | $3.78 | $54.48 | 14.413 | 0.069 | |
Ituran Location and Control Ltd | ITRN | $1.68 | $24.23 | 14.423 | 0.069 | |
The Hackett Group, Inc. | HCKT | $1.40 | $20.31 | 14.507 | 0.069 | |
IBEX Limited | IBEX | $1.21 | $17.67 | 14.603 | 0.068 | |
OSI Systems, Inc. | OSIS | $5.95 | $87.94 | 14.780 | 0.068 | |
PagSeguro Digital Ltd. | PAGS | $0.73 | $10.89 | 14.918 | 0.067 | |
Canon, Inc. | CAJ | $1.52 | $22.93 | 15.086 | 0.066 | |
Everspin Technologies, Inc. | MRAM | $0.35 | $5.29 | 15.114 | 0.066 | |
TE Connectivity Ltd. New Switze | TEL | $7.57 | $115.04 | 15.197 | 0.066 | |
Cisco Systems, Inc. | CSCO | $2.85 | $43.39 | 15.225 | 0.066 | |
Concentrix Corporation | CNXC | $8.67 | $132.78 | 15.315 | 0.065 | |
KLA Corporation | KLAC | $20.61 | $316.84 | 15.373 | 0.065 | |
NetApp, Inc. | NTAP | $4.09 | $65.04 | 15.902 | 0.063 | |
ON Semiconductor Corporation | ON | $3.34 | $53.47 | 16.009 | 0.062 | |
Sony Group Corporation | SONY | $5.14 | $82.58 | 16.066 | 0.062 | |
Cognizant Technology Solutions | CTSH | $4.17 | $67.02 | 16.072 | 0.062 | |
TD SYNNEX Corporation | SNX | $5.70 | $92.65 | 16.254 | 0.062 | |
Evertec, Inc. | EVTC | $2.25 | $36.81 | 16.360 | 0.061 | |
NortonLifeLock Inc. | NLOK | $1.41 | $23.07 | 16.362 | 0.061 | |
MACOM Technology Solutions Hold | MTSI | $2.86 | $47.05 | 16.451 | 0.061 | |
CyberOptics Corporation | CYBE | $2.04 | $33.86 | 16.598 | 0.060 | |
Fabrinet | FN | $4.99 | $82.83 | 16.599 | 0.060 | |
CACI International, Inc. | CACI | $17.28 | $288.19 | 16.678 | 0.060 | |
PubMatic, Inc. | PUBM | $1.01 | $17.13 | 16.960 | 0.059 | |
Ciena Corporation | CIEN | $2.79 | $47.49 | 17.022 | 0.059 | |
TTM Technologies, Inc. | TTMI | $0.70 | $12.01 | 17.157 | 0.058 | |
Teradyne, Inc. | TER | $5.36 | $92.08 | 17.179 | 0.058 | |
Nokia Corporation Sponsored | NOK | $0.27 | $4.65 | 17.222 | 0.058 | |
Camtek Ltd. | CAMT | $1.42 | $24.55 | 17.289 | 0.058 | |
Littelfuse, Inc. | LFUS | $13.76 | $239.60 | 17.413 | 0.057 | |
Aviat Networks, Inc. | AVNW | $1.48 | $26.13 | 17.655 | 0.057 | |
International Money Express, In | IMXI | $1.27 | $22.48 | 17.701 | 0.056 | |
Texas Instruments Incorporated | TXN | $8.74 | $155.53 | 17.795 | 0.056 | |
LSI Industries Inc. | LYTS | $0.35 | $6.25 | 17.857 | 0.056 | |
Richardson Electronics, Ltd. | RELL | $0.86 | $15.45 | 17.965 | 0.056 | |
Vishay Precision Group, Inc. | VPG | $1.60 | $28.75 | 17.969 | 0.056 | |
IPG Photonics Corporation | IPGP | $5.17 | $93.37 | 18.060 | 0.055 | |
EchoStar Corporation | SATS | $1.03 | $18.98 | 18.427 | 0.054 | |
CGI Inc. | GIB | $4.44 | $82.04 | 18.477 | 0.054 | |
Garmin Ltd. | GRMN | $5.56 | $102.98 | 18.522 | 0.054 | |
Amdocs Limited | DOX | $4.47 | $83.47 | 18.673 | 0.054 | |
Wipro Limited | WIT | $0.28 | $5.26 | 18.786 | 0.053 | |
Onto Innovation Inc. | ONTO | $3.42 | $64.39 | 18.827 | 0.053 | |
Daily Journal Corp. (S.C.) | DJCO | $14.35 | $272.02 | 18.956 | 0.053 | |
Taiwan Semiconductor Manufactur | TSM | $4.24 | $81.51 | 19.224 | 0.052 | |
NXP Semiconductors N.V. | NXPI | $8.02 | $154.28 | 19.237 | 0.052 | |
Markforged Holding Corporation | MKFG | $0.10 | $1.95 | 19.500 | 0.051 | |
ASGN Incorporated | ASGN | $4.75 | $92.88 | 19.554 | 0.051 | |
Sonos, Inc. | SONO | $1.01 | $19.83 | 19.634 | 0.051 | |
Black Knight, Inc. | BKI | $3.30 | $65.19 | 19.755 | 0.051 | |
Leidos Holdings, Inc. | LDOS | $5.10 | $101.63 | 19.927 | 0.050 | |
SCIENCE APPLICATIONS INTERNATIO | SAIC | $4.68 | $93.42 | 19.962 | 0.050 | |
Sensata Technologies Holding pl | ST | $2.08 | $41.57 | 19.986 | 0.050 | |
Plexus Corp. | PLXS | $3.86 | $77.44 | 20.062 | 0.050 | |
SS&C Technologies Holdings, Inc | SSNC | $2.98 | $59.97 | 20.124 | 0.050 | |
Zebra Technologies Corporation | ZBRA | $14.85 | $299.52 | 20.170 | 0.050 | |
FleetCor Technologies, Inc. | FLT | $10.76 | $218.45 | 20.302 | 0.049 | |
Check Point Software Technologi | CHKP | $6.16 | $127.16 | 20.643 | 0.048 | |
Progress Software Corporation | PRGS | $2.14 | $45.09 | 21.070 | 0.047 | |
SAP SE | SAP | $4.29 | $90.59 | 21.117 | 0.047 | |
Information Services Group, Inc | III | $0.33 | $7.03 | 21.303 | 0.047 | |
ACI Worldwide, Inc. | ACIW | $1.23 | $27.11 | 22.041 | 0.045 | |
CDW Corporation | CDW | $7.24 | $161.53 | 22.311 | 0.045 | |
Open Text Corporation | OTEX | $1.75 | $39.51 | 22.577 | 0.044 | |
Genpact Limited | G | $1.95 | $44.17 | 22.651 | 0.044 | |
International Business Machines | IBM | $6.09 | $140.47 | 23.069 | 0.043 | |
AssetMark Financial Holdings, I | AMK | $0.77 | $18.03 | 23.416 | 0.043 | |
AudioCodes Ltd. | AUDC | $0.97 | $22.99 | 23.701 | 0.042 | |
Silicom Ltd | SILC | $1.48 | $35.24 | 23.811 | 0.042 | |
Apple Inc. | AAPL | $6.15 | $147.04 | 23.909 | 0.042 | |
Nova Ltd. | NVMI | $3.63 | $87.30 | 24.050 | 0.042 | |
Dropbox, Inc. | DBX | $0.94 | $22.74 | 24.191 | 0.041 | |
Semtech Corporation | SMTC | $2.16 | $53.25 | 24.653 | 0.041 | |
Extreme Networks, Inc. | EXTR | $0.38 | $9.37 | 24.658 | 0.041 | |
Broadcom Inc. | AVGO | $20.19 | $498.69 | 24.700 | 0.040 | |
Amphenol Corporation | APH | $2.66 | $65.88 | 24.767 | 0.040 | |
Allied Motion Technologies, Inc | AMOT | $0.99 | $24.61 | 24.859 | 0.040 | |
Akamai Technologies, Inc. | AKAM | $3.69 | $92.15 | 24.973 | 0.040 | |
Amtech Systems, Inc. | ASYS | $0.29 | $7.26 | 25.034 | 0.040 | |
VeriSign, Inc. | VRSN | $7.10 | $178.63 | 25.159 | 0.040 | |
Synaptics Incorporated | SYNA | $4.71 | $119.83 | 25.442 | 0.039 | |
Gartner, Inc. | IT | $9.48 | $242.63 | 25.594 | 0.039 | |
TTEC Holdings, Inc. | TTEC | $2.62 | $67.43 | 25.737 | 0.039 | |
Keysight Technologies Inc. | KEYS | $5.51 | $142.66 | 25.891 | 0.039 | |
Canadian Solar Inc. | CSIQ | $1.27 | $32.98 | 25.969 | 0.039 | |
Microchip Technology Incorporat | MCHP | $2.27 | $59.45 | 26.189 | 0.038 | |
Corning Incorporated | GLW | $1.24 | $32.61 | 26.298 | 0.038 | |
PTC Inc. | PTC | $4.03 | $106.90 | 26.526 | 0.038 | |
Power Integrations, Inc. | POWI | $2.79 | $74.91 | 26.849 | 0.037 | |
II-VI Incorporated | IIVI | $1.81 | $48.70 | 26.906 | 0.037 | |
Veeco Instruments Inc. | VECO | $0.68 | $18.37 | 27.015 | 0.037 | |
Accenture plc | ACN | $10.31 | $279.07 | 27.068 | 0.037 | |
Infosys Limited | INFY | $0.70 | $19.06 | 27.229 | 0.037 | |
Atotech Limited | ATC | $0.76 | $20.95 | 27.566 | 0.036 | |
Corsair Gaming, Inc. | CRSR | $0.49 | $13.53 | 27.612 | 0.036 | |
ESCO Technologies Inc. | ESE | $2.42 | $66.84 | 27.620 | 0.036 | |
Sapiens International Corporati | SPNS | $0.92 | $25.49 | 27.707 | 0.036 | |
Where Food Comes From, Inc. | WFCF | $0.37 | $10.27 | 27.757 | 0.036 | |
Fair Isaac Corproation | FICO | $15.02 | $418.85 | 27.886 | 0.036 | |
Clearfield, Inc. | CLFD | $2.59 | $72.36 | 27.938 | 0.036 | |
Clearfield, Inc. | CLFD | $2.59 | $72.36 | 27.938 | 0.036 | |
Clearfield, Inc. | CLFD | $2.59 | $72.36 | 27.938 | 0.036 | |
Microsoft Corporation | MSFT | $9.58 | $267.66 | 27.939 | 0.036 | |
Juniper Networks, Inc. | JNPR | $1.03 | $28.79 | 27.951 | 0.036 | |
F5, Inc. | FFIV | $5.64 | $157.86 | 27.989 | 0.036 | |
Entegris, Inc. | ENTG | $3.25 | $91.49 | 28.151 | 0.036 | |
Zoom Video Communications, Inc. | ZM | $4.23 | $119.80 | 28.322 | 0.035 | |
Universal Display Corporation | OLED | $3.83 | $108.61 | 28.358 | 0.035 | |
ManTech International Corporati | MANT | $3.32 | $95.38 | 28.729 | 0.035 | |
Tower Semiconductor Ltd. | TSEM | $1.61 | $46.42 | 28.832 | 0.035 | |
Cognex Corporation | CGNX | $1.55 | $44.74 | 28.865 | 0.035 | |
Cambium Networks Corporation | CMBM | $0.55 | $15.91 | 28.927 | 0.035 | |
Motorola Solutions, Inc. | MSI | $7.30 | $214.65 | 29.404 | 0.034 | |
Advanced Micro Devices, Inc. | AMD | $2.68 | $79.35 | 29.608 | 0.034 | |
FormFactor, Inc. | FORM | $1.20 | $35.55 | 29.625 | 0.034 | |
Vmware, Inc. | VMW | $3.81 | $113.60 | 29.816 | 0.034 | |
Oracle Corporation | ORCL | $2.41 | $71.87 | 29.822 | 0.034 | |
WNS (Holdings) Limited Sponsore | WNS | $2.58 | $77.57 | 30.066 | 0.033 | |
Fortive Corporation | FTV | $1.82 | $56.01 | 30.775 | 0.032 | |
Lumentum Holdings Inc. | LITE | $2.58 | $80.14 | 31.062 | 0.032 | |
Trimble Inc. | TRMB | $1.91 | $59.76 | 31.288 | 0.032 | |
Cerence Inc. | CRNC | $0.84 | $26.31 | 31.321 | 0.032 | |
Teledyne Technologies Incorpora | TDY | $12.26 | $384.16 | 31.334 | 0.032 | |
Allegro MicroSystems, Inc. | ALGM | $0.64 | $20.39 | 31.859 | 0.031 | |
Broadridge Financial Solutions, | BR | $4.67 | $149.30 | 31.970 | 0.031 | |
CSG Systems International, Inc. | CSGS | $1.84 | $60.25 | 32.745 | 0.031 | |
First Solar, Inc. | FSLR | $2.20 | $72.51 | 32.959 | 0.030 | |
Belden Inc | BDC | $1.70 | $56.43 | 33.194 | 0.030 | |
Teradata Corporation | TDC | $1.15 | $39.19 | 34.078 | 0.029 | |
ASML Holding N.V. - New York Re | ASML | $13.11 | $452.95 | 34.550 | 0.029 | |
Dolby Laboratories | DLB | $2.08 | $73.50 | 35.337 | 0.028 | |
Arista Networks, Inc. | ANET | $2.91 | $103.00 | 35.395 | 0.028 | |
Ubiquiti Inc. | UI | $7.07 | $256.38 | 36.263 | 0.028 | |
Riot Blockchain, Inc | RIOT | $0.15 | $5.46 | 36.400 | 0.027 | |
Fiserv, Inc. | FISV | $2.55 | $93.06 | 36.494 | 0.027 | |
MaxLinear, Inc | MXL | $0.95 | $35.13 | 36.979 | 0.027 | |
Jack Henry & Associates, Inc. | JKHY | $4.87 | $185.57 | 38.105 | 0.026 | |
Adobe Inc. | ADBE | $10.20 | $389.44 | 38.180 | 0.026 | |
National Instruments Corporatio | NATI | $0.83 | $31.97 | 38.518 | 0.026 | |
Badger Meter, Inc. | BMI | $2.10 | $81.15 | 38.643 | 0.026 | |
EPAM Systems, Inc. | EPAM | $8.04 | $321.02 | 39.928 | 0.025 | |
ACM Research, Inc. | ACMR | $0.41 | $16.94 | 41.317 | 0.024 | |
GoDaddy Inc. | GDDY | $1.76 | $73.00 | 41.477 | 0.024 | |
ironSource Ltd. | IS | $0.06 | $2.49 | 41.500 | 0.024 | |
NVIDIA Corporation | NVDA | $3.73 | $158.38 | 42.473 | 0.024 | |
Materialise NV | MTLS | $0.33 | $14.45 | 43.788 | 0.023 | |
ExlService Holdings, Inc. | EXLS | $3.48 | $152.61 | 43.853 | 0.023 | |
Mitek Systems, Inc. | MITK | $0.22 | $9.86 | 44.818 | 0.022 | |
Citrix Systems, Inc. | CTXS | $2.20 | $99.22 | 45.100 | 0.022 | |
JinkoSolar Holding Company Limi | JKS | $1.67 | $75.54 | 45.234 | 0.022 | |
Analog Devices, Inc. | ADI | $3.29 | $149.94 | 45.574 | 0.022 | |
Intuit Inc. | INTU | $8.84 | $406.81 | 46.019 | 0.022 | |
American Software, Inc. | AMSWA | $0.37 | $17.09 | 46.189 | 0.022 | |
Aspen Technology, Inc. | AZPN | $4.00 | $187.52 | 46.880 | 0.021 | |
Aehr Test Systems | AEHR | $0.16 | $7.54 | 47.125 | 0.021 | |
ANSYS, Inc. | ANSS | $5.10 | $249.65 | 48.951 | 0.020 | |
Synopsys, Inc. | SNPS | $6.38 | $317.54 | 49.771 | 0.020 | |
Rubicon Technology, Inc. | RBCN | $0.30 | $15.11 | 50.367 | 0.020 | |
Perficient, Inc. | PRFT | $1.85 | $94.50 | 51.081 | 0.020 | |
Olo Inc. | OLO | $0.22 | $11.25 | 51.136 | 0.020 | |
Digital Turbine, Inc. | APPS | $0.34 | $17.51 | 51.500 | 0.019 | |
Rogers Corporation | ROG | $4.93 | $262.68 | 53.282 | 0.019 | |
Harmonic Inc. | HLIT | $0.17 | $9.15 | 53.824 | 0.019 | |
Chindata Group Holdings Limited | CD | $0.14 | $7.54 | 53.857 | 0.019 | |
Vicor Corporation | VICR | $1.01 | $54.45 | 53.911 | 0.019 | |
Qualys, Inc. | QLYS | $2.38 | $132.34 | 55.605 | 0.018 | |
Koss Corporation | KOSS | $0.13 | $7.49 | 57.615 | 0.017 | |
WEX Inc. | WEX | $2.78 | $160.32 | 57.669 | 0.017 | |
Endava plc | DAVA | $1.56 | $91.48 | 58.641 | 0.017 | |
Cadence Design Systems, Inc. | CDNS | $2.68 | $160.42 | 59.858 | 0.017 | |
The Descartes Systems Group Inc | DSGX | $1.09 | $66.03 | 60.578 | 0.017 | |
Asure Software Inc | ASUR | $0.09 | $5.49 | 61.000 | 0.016 | |
Euronet Worldwide, Inc. | EEFT | $1.64 | $101.01 | 61.591 | 0.016 | |
Nuvei Corporation - Subordinate | NVEI | $0.54 | $34.00 | 62.963 | 0.016 | |
Fidelity National Information S | FIS | $1.47 | $94.38 | 64.204 | 0.016 | |
NICE Ltd | NICE | $3.05 | $204.82 | 67.154 | 0.015 | |
Manhattan Associates, Inc. | MANH | $1.84 | $123.69 | 67.223 | 0.015 | |
NetScout Systems, Inc. | NTCT | $0.48 | $32.82 | 68.375 | 0.015 | |
Monolithic Power Systems, Inc. | MPWR | $5.75 | $395.48 | 68.779 | 0.015 | |
Globant S.A. | GLOB | $2.71 | $187.95 | 69.354 | 0.014 | |
Alarm.com Holdings, Inc. | ALRM | $0.93 | $65.09 | 69.989 | 0.014 | |
SiTime Corporation | SITM | $2.15 | $152.87 | 71.102 | 0.014 | |
Boston Scientific Corporation | BSX | $0.53 | $37.84 | 71.396 | 0.014 | |
Digi International Inc. | DGII | $0.34 | $24.31 | 71.500 | 0.014 | |
Renesola Ltd. American Depsitar | SOL | $0.07 | $5.06 | 72.286 | 0.014 | |
Novanta Inc. | NOVT | $1.70 | $127.65 | 75.088 | 0.013 | |
Fortinet, Inc. | FTNT | $0.78 | $62.70 | 80.385 | 0.012 | |
Autodesk, Inc. | ADSK | $2.18 | $179.83 | 82.491 | 0.012 | |
ZoomInfo Technologies Inc. | ZI | $0.44 | $36.65 | 83.295 | 0.012 | |
Paycom Software, Inc. | PAYC | $3.81 | $323.29 | 84.853 | 0.012 | |
Tyler Technologies, Inc. | TYL | $3.87 | $346.49 | 89.532 | 0.011 | |
SolarEdge Technologies, Inc. | SEDG | $3.20 | $295.11 | 92.222 | 0.011 | |
SPS Commerce, Inc. | SPSC | $1.25 | $116.51 | 93.208 | 0.011 | |
Commvault Systems, Inc. | CVLT | $0.71 | $66.93 | 94.268 | 0.011 | |
Plantronics, Inc. | POLY | $0.41 | $39.69 | 96.805 | 0.010 | |
DLocal Limited | DLO | $0.28 | $27.49 | 98.179 | 0.010 | |
Fathom Digital Manufacturing Co | FATH | $0.04 | $3.97 | 99.250 | 0.010 | |
Digihost Technology Inc. | DGHI | $0.01 | $1.18 | 118.000 | 0.008 | |
Lytus Technologies Holdings PTV | LYT | $0.04 | $5.01 | 125.250 | 0.008 | |
Paylocity Holding Corporation | PCTY | $1.53 | $195.45 | 127.745 | 0.008 | |
Sportradar Group AG | SRAD | $0.06 | $8.01 | 133.500 | 0.007 | |
Radware Ltd. | RDWR | $0.16 | $22.49 | 140.563 | 0.007 | |
DoubleVerify Holdings, Inc. | DV | $0.17 | $24.51 | 144.176 | 0.007 | |
Shoals Technologies Group, Inc. | SHLS | $0.12 | $18.43 | 153.583 | 0.007 | |
Turtle Beach Corporation | HEAR | $0.08 | $13.61 | 170.125 | 0.006 | |
Red Violet, Inc. | RDVT | $0.11 | $19.15 | 174.091 | 0.006 | |
Salesforce, Inc. | CRM | $1.00 | $175.50 | 175.500 | 0.006 | |
Enphase Energy, Inc. | ENPH | $1.22 | $216.45 | 177.418 | 0.006 | |
Cantaloupe, Inc. | CTLP | $0.03 | $5.33 | 177.667 | 0.006 | |
N-able, Inc. | NABL | $0.05 | $9.55 | 191.000 | 0.005 | |
The Trade Desk, Inc. | TTD | $0.20 | $45.63 | 228.150 | 0.004 | |
Identiv, Inc. | INVE | $0.05 | $11.55 | 231.000 | 0.004 | |
Dynatrace, Inc. | DT | $0.18 | $42.01 | 233.389 | 0.004 | |
Shopify Inc. | SHOP | $0.14 | $35.57 | 254.071 | 0.004 | |
NCR Corporation | NCR | $0.12 | $30.67 | 255.583 | 0.004 | |
Agilysys, Inc. | AGYS | $0.18 | $50.16 | 278.667 | 0.004 | |
Daktronics, Inc. | DAKT | $0.01 | $3.01 | 301.000 | 0.003 | |
CEVA, Inc. | CEVA | $0.11 | $34.35 | 312.273 | 0.003 | |
eGain Corporation | EGAN | $0.03 | $10.20 | 340.000 | 0.003 | |
SunPower Corporation | SPWR | $0.05 | $17.98 | 359.600 | 0.003 | |
GlobalFoundries Inc. | GFS | $0.11 | $45.27 | 411.545 | 0.002 | |
ServiceNow, Inc. | NOW | $1.09 | $494.15 | 453.349 | 0.002 | |
Mesa Laboratories, Inc. | MLAB | $0.35 | $203.83 | 582.371 | 0.002 | |
EVO Payments, Inc. | EVOP | $0.04 | $25.81 | 645.250 | 0.002 | |
Switch, Inc. | SWCH | $0.04 | $33.72 | 784.186 | 0.001 | |
Paya Holdings Inc. | PAYA | $0.00 | $6.64 | 2213.333 | 0.000 | |
Datadog, Inc. | DDOG | $0.00 | $108.29 | 36096.667 | 0.000 |
This is a nice spreadsheet
https://twitter.com/cashflow_free/status/1548829351449432065/photo/1
Sure… He is pretty consistent with some of his spreadsheets. I don’t pay much attention to Twitter but he and I follow each other.