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Kikkoman (TSE:2801) PB Ratio : 3.46 (As of May. 30, 2024)


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What is Kikkoman PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-30), Kikkoman's share price is 円1784.50. Kikkoman's Book Value per Share for the quarter that ended in Mar. 2024 was 円516.42. Hence, Kikkoman's PB Ratio of today is 3.46.

Good Sign:

Kikkoman Corp stock PB Ratio (=3.46) is close to 1-year low of 3.37

The historical rank and industry rank for Kikkoman's PB Ratio or its related term are showing as below:

TSE:2801' s PB Ratio Range Over the Past 10 Years
Min: 1.65   Med: 3.44   Max: 5.83
Current: 3.46

During the past 13 years, Kikkoman's highest PB Ratio was 5.83. The lowest was 1.65. And the median was 3.44.

TSE:2801's PB Ratio is ranked worse than
80.49% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 1.52 vs TSE:2801: 3.46

During the past 12 months, Kikkoman's average Book Value Per Share Growth Rate was 20.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kikkoman was 17.20% per year. The lowest was -3.80% per year. And the median was 5.90% per year.

Back to Basics: PB Ratio


Kikkoman PB Ratio Historical Data

The historical data trend for Kikkoman's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kikkoman PB Ratio Chart

Kikkoman Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.25 4.11 4.35 3.14 3.81

Kikkoman Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.14 3.57 3.25 3.62 3.81

Competitive Comparison of Kikkoman's PB Ratio

For the Packaged Foods subindustry, Kikkoman's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kikkoman's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kikkoman's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kikkoman's PB Ratio falls into.



Kikkoman PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Kikkoman's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=1784.50/516.418
=3.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Kikkoman  (TSE:2801) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Kikkoman PB Ratio Related Terms

Thank you for viewing the detailed overview of Kikkoman's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kikkoman (TSE:2801) Business Description

Traded in Other Exchanges
Address
250 Noda, Noda-shi, Chiba, JPN, 278-8601
Kikkoman was founded in 1917 following the merger of eight family-owned companies in Noda, Chiba Prefecture, Japan. It is the largest soy sauce manufacturer in Japan and the U.S. Domestically, it sells a wide range of food and beverage products including but not limited to soy sauce, soy milk, licensed Del Monte products, and liquor. Kikkoman's products are shipped to over 100 countries with eight global production plants across the U.S., Asia, Europe, and South America. Apart from food manufacturing, Kikkoman also operates a wholesale business that resells Asian foods globally.

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