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DIP (TSE:2379) PB Ratio : 3.71 (As of May. 04, 2024)


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What is DIP 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), DIP's share price is 円2685.00. DIP's Book Value per Share for the quarter that ended in Feb. 2024 was 円723.51. Hence, DIP's PB Ratio of today is 3.71.

Good Sign:

DIP Corp stock PB Ratio (=3.75) is close to 3-year low of 3.56

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

TSE:2379' s PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 6.17   Max: 23.71
Current: 3.71

During the past 13 years, DIP's highest PB Ratio was 23.71. The lowest was 1.24. And the median was 6.17.

TSE:2379's PB Ratio is ranked worse than
77.72% of 1028 companies
in the Business Services industry
Industry Median: 1.77 vs TSE:2379: 3.71

During the past 12 months, DIP's average Book Value Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 23.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of DIP was 51.90% per year. The lowest was 1.30% per year. And the median was 8.70% per year.

Back to Basics: PB Ratio


DIP PB Ratio Historical Data

The historical data trend for DIP'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.

DIP PB Ratio Chart

DIP Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.50 5.15 5.73 5.14 3.62

DIP Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
PB Ratio 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 5.14 5.04 5.04 4.56 3.62

Competitive Comparison of DIP's PB Ratio

For the Staffing & Employment Services subindustry, DIP'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.


DIP's PB Ratio Distribution in the Business Services Industry

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

* The bar in red indicates where DIP's PB Ratio falls into.



DIP 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.

DIP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2024)
=2685.00/723.514
=3.71

* 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 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.


DIP  (TSE:2379) 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.


DIP PB Ratio Related Terms

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


DIP (TSE:2379) Business Description

Traded in Other Exchanges
N/A
Address
32nd Floor, Izumi Garden Tower, 1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6032
Dip is a Japan-based technology company that mainly provides job information and employment agency services online. The company has five business divisions. The Baitoru Com segment offers job information to contractors and recruiting companies. The Job Engine segment provides job offering and career change information to recruiting companies. The Hatarako Net provides staff service job information to staffing companies. The Other division specializes in services for restaurant customers, while the Agent segment provides employment services for healthcare facilities.

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