ITO EN (TSE:2593) PB Ratio : 2.61 (As of May. 05, 2024)

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What is ITO EN 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 (2024-05-05), ITO EN's share price is 円3905.00. ITO EN's Book Value per Share for the quarter that ended in Jan. 2024 was 円1,497.63. Hence, ITO EN's PB Ratio of today is 2.61.

Good Sign:

ITO EN Ltd stock PB Ratio (=2.61) is close to 5-year low of 2.44

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

TSE:2593' s PB Ratio Range Over the Past 10 Years
Min: 2.1 Med: 3.68 Max: 6.53
Current: 2.61

During the past 13 years, ITO EN's highest PB Ratio was 6.53. The lowest was 2.10. And the median was 3.68.

TSE:2593's PB Ratio is ranked worse than
51.46% of 103 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.58 vs TSE:2593: 2.61

During the past 12 months, ITO EN's average Book Value Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ITO EN was 15.00% per year. The lowest was -6.30% per year. And the median was 4.25% per year.

Back to Basics: PB Ratio

ITO EN PB Ratio Historical Data

The historical data trend for ITO EN'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.

ITO EN PB Ratio Chart

ITO EN Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

PB Ratio

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4.49

4.88

4.83

3.99

2.98

ITO EN Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
PB Ratio	Get a 7-Day Free Trial															3.34	2.98	2.80	3.27	2.87

Competitive Comparison of ITO EN's PB Ratio

For the Beverages - Non-Alcoholic subindustry, ITO EN'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.

ITO EN's PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, ITO EN's PB Ratio distribution charts can be found below:

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

ITO EN 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.

ITO EN's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jan. 2024)
	=	3905.00	/	1497.631
	=	2.61

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.

ITO EN (TSE:2593) 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.

ITO EN PB Ratio Related Terms

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

ITO EN (TSE:2593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » ITO EN Ltd (TSE:2593) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ITOEF:USA

Address

47-10, Honmachi 3-chome, Shibuya-ku, Tokyo, JPN, 151-8550

Website

https://www.itoen.co.jp

ITO EN Ltd makes beverages and other tea and nutritional products that it sells in Japan. Ito En primarily sells green tea products, including ready-to-drink beverages, tea bags, and other tea leaf products, under its Oi Ocha brand. Other beverages the company sells include black tea, Chinese tea, coffee, vegetable beverages, fruit beverages, mineral water, and functional beverages. The Leaf- and Drink-Related business segment makes up roughly 90% of the company's total revenue. Most remaining revenue is generated from Ito En's restaurant business, which operates hundreds of Tully's coffee shops in Japan.

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