GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tokyu Fudosan Holdings Corp (TSE:3289) » Definitions » PB Ratio

Tokyu Fudosan Holdings (TSE:3289) PB Ratio : 1.13 (As of May. 11, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Tokyu Fudosan Holdings 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 (2024-05-11), Tokyu Fudosan Holdings's share price is 円1169.00. Tokyu Fudosan Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was 円1,034.66. Hence, Tokyu Fudosan Holdings's PB Ratio of today is 1.13.

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

TSE:3289' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.9   Max: 2.39
Current: 1.13

During the past 13 years, Tokyu Fudosan Holdings's highest PB Ratio was 2.39. The lowest was 0.51. And the median was 0.90.

TSE:3289's PB Ratio is ranked worse than
65.56% of 1754 companies
in the Real Estate industry
Industry Median: 0.82 vs TSE:3289: 1.13

During the past 12 months, Tokyu Fudosan Holdings's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tokyu Fudosan Holdings was 67.80% per year. The lowest was -3.10% per year. And the median was 5.90% per year.

Back to Basics: PB Ratio


Tokyu Fudosan Holdings PB Ratio Historical Data

The historical data trend for Tokyu Fudosan Holdings'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.

Tokyu Fudosan Holdings PB Ratio Chart

Tokyu Fudosan Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.64 0.79 0.77 0.66

Tokyu Fudosan Holdings 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 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 0.65 0.66 0.83 0.89 0.87

Competitive Comparison of Tokyu Fudosan Holdings's PB Ratio

For the Real Estate - Diversified subindustry, Tokyu Fudosan Holdings'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.


Tokyu Fudosan Holdings's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyu Fudosan Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tokyu Fudosan Holdings's PB Ratio falls into.



Tokyu Fudosan Holdings 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.

Tokyu Fudosan Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1169.00/1034.655
=1.13

* 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.


Tokyu Fudosan Holdings  (TSE:3289) 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.


Tokyu Fudosan Holdings PB Ratio Related Terms

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


Tokyu Fudosan Holdings (TSE:3289) Business Description

Traded in Other Exchanges
Address
Shin-nanpeidai Tokyu Building, Dogenzaka 1-21-2, Shibuya-ku, Tokyo, JPN
Tokyu Fudosan Holdings Corp engages in the management and administration of a host of businesses. The business that compose Tokyu Fudosan Holdings operate in the following business segments: urban development, residential, wellness, innovation, property management, real estate agency, and tokyu hands. Altogether, the group develops, leases, and operates office buildings, commercial facilities, rental residences, and other properties. Tokyu's host of businesses also engage in management and operation of resort facilities, sports clubs, and senior housing. Businesses like the innovation segment serve as a complement and include overseas operations, custom homes, renovation, and landscaping.

Tokyu Fudosan Holdings (TSE:3289) Headlines

No Headlines