Open Up Group (TSE:2154) PB Ratio : 2.48 (As of May. 04, 2024)

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What is Open Up Group 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 (2024-05-04), Open Up Group's share price is 円1948.00. Open Up Group's Book Value per Share for the quarter that ended in Dec. 2023 was 円784.53. Hence, Open Up Group's PB Ratio of today is 2.48.

Good Sign:

Open Up Group Inc stock PB Ratio (=2.58) is close to 1-year low of 2.43

The historical rank and industry rank for Open Up Group's PB Ratio or its related term are showing as below:

TSE:2154' s PB Ratio Range Over the Past 10 Years
Min: 1.1 Med: 3.95 Max: 11.29
Current: 2.48

During the past 13 years, Open Up Group's highest PB Ratio was 11.29. The lowest was 1.10. And the median was 3.95.

TSE:2154's PB Ratio is ranked worse than
63.1% of 1027 companies
in the Business Services industry
Industry Median: 1.78 vs TSE:2154: 2.48

During the past 12 months, Open Up Group's average Book Value Per Share Growth Rate was 7.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 35.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 26.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Open Up Group was 41.10% per year. The lowest was 5.50% per year. And the median was 19.20% per year.

Back to Basics: PB Ratio

Open Up Group PB Ratio Historical Data

The historical data trend for Open Up Group'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.

Open Up Group PB Ratio Chart

Open Up Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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4.20

3.14

1.78

2.10

2.80

Open Up Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															2.34	2.63	2.80	2.47	2.99

Competitive Comparison of Open Up Group's PB Ratio

For the Staffing & Employment Services subindustry, Open Up Group'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.

Open Up Group's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Open Up Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Open Up Group's PB Ratio falls into.

Open Up Group 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.

Open Up Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1948.00	/	784.529
	=	2.48

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Open Up Group (TSE:2154) 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.

Open Up Group PB Ratio Related Terms

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Open Up Group (TSE:2154) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Open Up Group Inc (TSE:2154) » Definitions » PB Ratio

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BNXYF:USA

Address

2-14-1 Higashi Shimbashi, NBF Commodio Shiodome, Minato-ku, Tokyo, JPN, 105-0021

Website

https://www.openupgroup.co.jp

Open Up Group Inc provides human resource services and outsourcing or contracting services for manufacturing companies in Japan and overseas. The business segments of the company include: Mechatronics/IT field: it includes workers dispatching, contracting, consignment business such as development design engineers. Construction area segment includes construction management engineer business / CAD operator dispatch business for customers in construction industry. Manufacturing Area segment includes manufacturing site contracting and dispatch business for customers in manufacturing industry Temporary staffing, outsourcing and referral business for technology and manufacturing fields.

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