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ASAHI Net (TSE:3834) Price-to-Tangible-Book : 1.71 (As of Apr. 27, 2024)


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What is ASAHI Net Price-to-Tangible-Book?

As of today (2024-04-27), ASAHI Net's share price is 円637.00. ASAHI Net's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円372.05. Hence, ASAHI Net's Price to Tangible Book Ratio of today is 1.71.

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

TSE:3834' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.38   Med: 1.72   Max: 3.86
Current: 1.71

During the past 13 years, ASAHI Net's highest Price to Tangible Book Ratio was 3.86. The lowest was 1.38. And the median was 1.72.

TSE:3834's Price-to-Tangible-Book is ranked better than
63.57% of 280 companies
in the Telecommunication Services industry
Industry Median: 2.575 vs TSE:3834: 1.71

A closely related ratio is called PB Ratio. As of today, ASAHI Net's share price is 円637.00. ASAHI Net's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円434.65. Hence, ASAHI Net's P/B Ratio of today is 1.47.


ASAHI Net Price-to-Tangible-Book Historical Data

The historical data trend for ASAHI Net'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.

ASAHI Net Price-to-Tangible-Book Chart

ASAHI Net Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 2.16 2.18 1.57 1.55

ASAHI Net Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.52 1.55 1.71 1.65 1.66

Competitive Comparison of ASAHI Net's Price-to-Tangible-Book

For the Telecom Services subindustry, ASAHI Net'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.


ASAHI Net's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, ASAHI Net's Price-to-Tangible-Book distribution charts can be found below:

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



ASAHI Net Price-to-Tangible-Book Calculation

ASAHI Net's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=637.00/372.048
=1.71

* 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.


ASAHI Net Price-to-Tangible-Book Related Terms

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


ASAHI Net (TSE:3834) Business Description

Traded in Other Exchanges
N/A
Address
Ginza 4-12-15 Chuo-ku, Kabukiza Tower 21 Floor, Tokyo, JPN, 104-0061
ASAHI Net Inc is a Japan-based internet service provider. The company mainly offers internet connection services using fiber-optic technology and mobile networks, live survey system respon, system maintenance, and manufacturer maintenance. The company also provides learning management system named manaba.

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