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Ecology and Combustion (NGO:6225) PB Ratio : 0.72 (As of May. 25, 2024)


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What is Ecology and Combustion 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 (2024-05-25), Ecology and Combustion's share price is 円1144.00. Ecology and Combustion's Book Value per Share for the quarter that ended in Jan. 2024 was 円1,595.37. Hence, Ecology and Combustion's PB Ratio of today is 0.72.

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

NGO:6225' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.69   Max: 1.18
Current: 0.72

During the past 2 years, Ecology and Combustion's highest PB Ratio was 1.18. The lowest was 0.59. And the median was 0.69.

NGO:6225's PB Ratio is ranked better than
87.36% of 2934 companies
in the Industrial Products industry
Industry Median: 1.925 vs NGO:6225: 0.72

During the past 12 months, Ecology and Combustion's average Book Value Per Share Growth Rate was 8.90% per year.

Back to Basics: PB Ratio


Ecology and Combustion PB Ratio Historical Data

The historical data trend for Ecology and Combustion'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.

Ecology and Combustion PB Ratio Chart

Ecology and Combustion Annual Data
Trend Jul22 Jul23
PB Ratio
- 0.79

Ecology and Combustion Quarterly Data
Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
PB Ratio Get a 7-Day Free Trial - 0.58 0.79 0.67 0.66

Competitive Comparison of Ecology and Combustion's PB Ratio

For the Specialty Industrial Machinery subindustry, Ecology and Combustion'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.


Ecology and Combustion's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ecology and Combustion's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ecology and Combustion's PB Ratio falls into.



Ecology and Combustion 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.

Ecology and Combustion's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2024)
=1144.00/1595.37
=0.72

* 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.


Ecology and Combustion  (NGO:6225) 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.


Ecology and Combustion PB Ratio Related Terms

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


Ecology and Combustion (NGO:6225) Business Description

Traded in Other Exchanges
N/A
Address
4-5-6 Shinmiyakoda (Hamamatsu Technopolis), Kita-Ku, Hamamatsu, JPN, 4312103
Ecology and Combustion Inc is engaged in the development, design, manufacture and maintenance of heating equipment. It develops, design, manufacture, and maintain deodorizing equipment, aluminum melting/holding furnaces, drying furnaces, heat treatment furnaces, and burners.

Ecology and Combustion (NGO:6225) Headlines

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