Book-to-Bill RatioThe SEMI book-to-bill is a ratio of three-month moving average bookings to three-month moving average shipments for the North American semiconductor equipment industry. A book-to-bill of 0.42 means that $42 worth of new orders were received for every $100 of product shipped for the month. A ratio above one is a good sign for semi stocks. Additionally, a ratio above the prior month's reading indicates a pick up in Semi demand.
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