Photronics Inc

NASDAQ PLAB

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Photronics Inc Retained Earnings To Equity Ratio 3 year CAGR for the year ending October 31, 2023: 18.41%

Photronics Inc Retained Earnings To Equity Ratio 3 year CAGR is 18.41% for the year ending October 31, 2023, a 10.38% change year over year. The retained earnings to equity ratio measures the proportion of a company's retained earnings to its shareholders' equity. It is calculated by dividing the retained earnings by the shareholders' equity. This ratio provides insights into the company's reinvestment of earnings and the level of retained profits relative to shareholders' equity. A higher ratio suggests a higher proportion of earnings being retained for reinvestment or future distribution to shareholders. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Photronics Inc Retained Earnings To Equity Ratio for the year ending October 31, 2022 was 0.52, a 35.77% change year over year.
Photronics Inc Retained Earnings To Equity Ratio for the year ending October 31, 2021 was 0.39, a 11.32% change year over year.
Photronics Inc Retained Earnings To Equity Ratio for the year ending October 31, 2020 was 0.35, a 5.10% change year over year.
Photronics Inc Retained Earnings To Equity Ratio for the year ending October 31, 2019 was 0.33, a 8.26% change year over year.

NASDAQ: PLAB

Photronics Inc

CEO	Dr. KangJyh Lee Ph.D.
IPO Date	March 10, 1987
Location	United States
Headquarters	15 Secor Road, Brookfield, CT, United States, 06804
Employees	1,885
Sector	Technology
Industry	Semiconductor equipment & materials

Description

Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. The company offers electrical and optical components. It sells its products to semiconductor and FPD manufacturers, designers, and foundries, as well as to other high-performance electronics manufacturers through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.

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