Aichi Steel's book value per share for the quarter that ended in Mar. 2024 was €78.06.
During the past 12 months, Aichi Steel's average Book Value Per Share Growth Rate was 23.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aichi Steel was 9.70% per year. The lowest was -3.90% per year. And the median was 5.50% per year.
Aichi Steel's current price is €21.20. Its book value per share for the quarter that ended in Mar. 2024 was €78.06. Hence, today's PB Ratio of Aichi Steel is 0.27.
During the past 13 years, the highest P/B Ratio of Aichi Steel was 0.86. The lowest was 0.19. And the median was 0.50.
Good Sign:
Aichi Steel Corp stock PB Ratio (=0.28) is close to 1-year low of 0.27
Aichi Steel Book Value per Share Historical Data
The historical data trend for Aichi Steel's Book Value per Share 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.
Competitive Comparison of Aichi Steel's Book Value per Share
For the Steel subindustry, Aichi Steel'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.
Aichi Steel's PB Ratio Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Aichi Steel's PB Ratio distribution charts can be found below:
* The bar in red indicates where Aichi Steel's PB Ratio falls into.
Aichi Steel Book Value per Share Calculation
Aichi Steel's Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Aichi Steel (FRA:8T2) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Aichi Steel Book Value per Share Related Terms
Thank you for viewing the detailed overview of Aichi Steel's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.
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