The technology industry's demand-to-supply ratio for orders on a "firm's book" to number of orders filled. Investopedia explains Book-to-Bill Ratio
This ratio tells whether the company has more orders than it can deliver (if greater than 1), has the same amount of orders that it can deliver (equals 1), or has less orders than it can deliver (under 1). This monthly figure is used frequently for companies in the technology and chip (semiconductor) sector.
This ratio tells whether the company has more orders than it can deliver (if greater than 1), has the same amount of orders that it can deliver (equals 1), or has less orders than it can deliver (under 1). This monthly figure is used frequently for companies in the technology and chip (semiconductor) sector.
The book-to-bill ratio for solar manufacturing gear has fallen to a historic low of 0.44, according to Solarbuzz, as module makers halt expansion in the face of massive oversupply. The severity of the current module downturn is so large that "corporate failures will be necessary to take capacity out of the system," claims a Solarbuzz analyst.
Keep on eye some major equipment makers: AMAT, VECO, IVAC.
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