GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kyoei Steel Ltd (TSE:5440) » Definitions » Price-to-Tangible-Book

Kyoei Steel (TSE:5440) Price-to-Tangible-Book : 0.49 (As of Jun. 03, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Kyoei Steel Price-to-Tangible-Book?

As of today (2024-06-03), Kyoei Steel's share price is 円2153.00. Kyoei Steel's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円4,359.79. Hence, Kyoei Steel's Price to Tangible Book Ratio of today is 0.49.

The historical rank and industry rank for Kyoei Steel's Price-to-Tangible-Book or its related term are showing as below:

TSE:5440' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37   Med: 0.53   Max: 0.69
Current: 0.49

During the past 13 years, Kyoei Steel's highest Price to Tangible Book Ratio was 0.69. The lowest was 0.37. And the median was 0.53.

TSE:5440's Price-to-Tangible-Book is ranked better than
80.37% of 601 companies
in the Steel industry
Industry Median: 1.04 vs TSE:5440: 0.49

A closely related ratio is called PB Ratio. As of today, Kyoei Steel's share price is 円2153.00. Kyoei Steel's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円4,449.64. Hence, Kyoei Steel's P/B Ratio of today is 0.48.


Kyoei Steel Price-to-Tangible-Book Historical Data

The historical data trend for Kyoei Steel's Price-to-Tangible-Book 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.

Kyoei Steel Price-to-Tangible-Book Chart

Kyoei Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.48 0.37 0.40 0.55

Kyoei Steel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 0.40 0.50 0.47 0.46 0.55

Competitive Comparison of Kyoei Steel's Price-to-Tangible-Book

For the Steel subindustry, Kyoei Steel's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Kyoei Steel's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kyoei Steel's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kyoei Steel's Price-to-Tangible-Book falls into.



Kyoei Steel Price-to-Tangible-Book Calculation

Kyoei Steel's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2153.00/4359.787
=0.49

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


Be Aware

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


Kyoei Steel Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Kyoei Steel's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Kyoei Steel (TSE:5440) Business Description

Traded in Other Exchanges
N/A
Address
Issue 16 No. 4-chome, Kita-ku, Dojimahama, Osaka, JPN, 5300004
Kyoei Steel Ltd is involved in the business Steel and Material recycling. Its primary activities include manufacture, processing, and sale of steel billets and products, collection, transportation and treatment of general, industrial and medical waste, recycling of automobiles and industrial waste, processing assembly of rebars, designing of steel production plants and sale of steelmaking technology. The firm's products include concrete steel bars, flat bars, I-beams, equal angle bars etc.

Kyoei Steel (TSE:5440) Headlines

No Headlines