World Holdings Co (TSE:2429) PB Ratio : 1.04 (As of May. 17, 2024)

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What is World Holdings Co 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 (2024-05-17), World Holdings Co's share price is 円2280.00. World Holdings Co's Book Value per Share for the quarter that ended in Mar. 2024 was 円2,198.41. Hence, World Holdings Co's PB Ratio of today is 1.04.

Good Sign:

World Holdings Co Ltd stock PB Ratio (=1.02) is close to 3-year low of 1.02

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

TSE:2429' s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.82 Max: 4.89
Current: 1.03

During the past 13 years, World Holdings Co's highest PB Ratio was 4.89. The lowest was 0.72. And the median was 1.82.

TSE:2429's PB Ratio is ranked better than
71.46% of 1023 companies
in the Business Services industry
Industry Median: 1.81 vs TSE:2429: 1.03

During the past 12 months, World Holdings Co's average Book Value Per Share Growth Rate was 10.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 20.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of World Holdings Co was 36.20% per year. The lowest was -84.70% per year. And the median was 15.40% per year.

Back to Basics: PB Ratio

World Holdings Co PB Ratio Historical Data

The historical data trend for World Holdings Co'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.

World Holdings Co PB Ratio Chart

World Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.43

1.19

1.43

1.24

1.19

World Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.29	1.32	1.10	1.19	1.16

Competitive Comparison of World Holdings Co's PB Ratio

For the Staffing & Employment Services subindustry, World Holdings Co'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.

World Holdings Co's PB Ratio Distribution in the Business Services Industry

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

* The bar in red indicates where World Holdings Co's PB Ratio falls into.

World Holdings Co 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.

World Holdings Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	2280.00	/	2198.408
	=	1.04

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.

World Holdings Co (TSE:2429) 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.

World Holdings Co PB Ratio Related Terms

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

World Holdings Co (TSE:2429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » World Holdings Co Ltd (TSE:2429) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hakata Station 2-1-1, Fukuoka Asahi Building, 6th Floor, Fukuoka, JPN, 802-0077

Website

http://world-hd.co.jp

World Holdings Co Ltd is a Japan based company engaged in the human resource and education business, real estate business and information communication business. In the human resource and education business, the company offers contract and temporary placement services and management skills for manufacturing and contracting business to other companies. The real estate business area of the company comprises detached housing sales business, residential condominium sale business, property business, building management business and brokerage business.

World Holdings Co (TSE:2429) Headlines

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