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Invincible Investment (TSE:8963) Price-to-Tangible-Book : 1.88 (As of Apr. 29, 2024)


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What is Invincible Investment Price-to-Tangible-Book?

As of today (2024-04-29), Invincible Investment's share price is 円70500.00. Invincible Investment's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was 円37,561.34. Hence, Invincible Investment's Price to Tangible Book Ratio of today is 1.88.

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

TSE:8963' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.76   Med: 1.43   Max: 2.82
Current: 1.88

During the past 13 years, Invincible Investment's highest Price to Tangible Book Ratio was 2.82. The lowest was 0.76. And the median was 1.43.

TSE:8963's Price-to-Tangible-Book is ranked worse than
91.06% of 839 companies
in the REITs industry
Industry Median: 0.83 vs TSE:8963: 1.88

A closely related ratio is called PB Ratio. As of today, Invincible Investment's share price is 円70500.00. Invincible Investment's Book Value per Sharefor the quarter that ended in Jun. 2023 was 円41,664.88. Hence, Invincible Investment's P/B Ratio of today is 1.69.


Invincible Investment Price-to-Tangible-Book Historical Data

The historical data trend for Invincible Investment'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.

Invincible Investment Price-to-Tangible-Book Chart

Invincible Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 0.90 1.00 1.38 -

Invincible Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.00 1.10 1.38 1.52 -

Competitive Comparison of Invincible Investment's Price-to-Tangible-Book

For the REIT - Hotel & Motel subindustry, Invincible Investment'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.


Invincible Investment's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Invincible Investment's Price-to-Tangible-Book distribution charts can be found below:

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



Invincible Investment Price-to-Tangible-Book Calculation

Invincible Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=70500.00/37561.336
=1.88

* 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.


Invincible Investment Price-to-Tangible-Book Related Terms

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


Invincible Investment (TSE:8963) Business Description

Traded in Other Exchanges
N/A
Address
Roppongi Hills Mori Tower 6-10-1 Roppongi, Minato-ku, Tokyo, JPN
Invincible Investment Corp is a Japanese real estate investment trust. It aims to ensure steady asset growth and stable revenues from a medium-to-long-term perspective through investing in real estate properties. The company invests primarily in residential properties or hotels, or real estate assets and other assets backed by such residential properties or hotels and real estate-backed securities.

Invincible Investment (TSE:8963) Headlines

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