Tosoh (TSE:4042) PB Ratio : 0.91 (As of May. 10, 2024)

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What is Tosoh 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 (2024-05-10), Tosoh's share price is 円2205.50. Tosoh's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,415.03. Hence, Tosoh's PB Ratio of today is 0.91.

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

TSE:4042' s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 1.02 Max: 2.06
Current: 0.92

During the past 13 years, Tosoh's highest PB Ratio was 2.06. The lowest was 0.62. And the median was 1.02.

TSE:4042's PB Ratio is ranked better than
78.04% of 1530 companies
in the Chemicals industry
Industry Median: 1.65 vs TSE:4042: 0.92

During the past 12 months, Tosoh's average Book Value Per Share Growth Rate was 4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tosoh was 23.10% per year. The lowest was -5.90% per year. And the median was 10.20% per year.

Back to Basics: PB Ratio

Tosoh PB Ratio Historical Data

The historical data trend for Tosoh'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.

Tosoh PB Ratio Chart

Tosoh Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

1.03

0.70

1.09

0.81

0.77

Tosoh 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															0.68	0.77	0.73	0.80	0.75

Competitive Comparison of Tosoh's PB Ratio

For the Chemicals subindustry, Tosoh'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.

Tosoh's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tosoh's PB Ratio distribution charts can be found below:

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

Tosoh 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2205.50	/	2415.032
	=	0.91

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.

Tosoh (TSE:4042) 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.

Tosoh PB Ratio Related Terms

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

Tosoh (TSE:4042) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tosoh Corp (TSE:4042) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

TOSCF:USA TOS:Germany

Address

3-8-2 Shiba, Minata-ku, Tokyo, JPN, 105-8623

Website

http://www.tosoh.com

Tosoh Corp manufactures and sells a variety of petrochemicals, plastics, and chemical-based products. The firm organizes itself into four segments, based on product type. The Petrochemical segment, which generates more revenue than any other segment, sells olefins and polymers, including ethylene and polyvinyl chloride, which are used to make plastics for a variety of end uses. The Chlor-Alkali segment sells caustic soda used to make soap, baking soda, and water treatment products. The Specialty segment sells battery materials, a variety of zirconia products, bromine used in electronics flame retardants, and clinical diagnostics equipment. The Engineering segment provides construction and water treatment services. The majority of revenue comes from Japan.

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