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Tsubaki Nakashima Co (TSE:6464) PB Ratio : 0.52 (As of May. 30, 2024)


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What is Tsubaki Nakashima 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 (2024-05-30), Tsubaki Nakashima Co's share price is 円770.00. Tsubaki Nakashima Co's Book Value per Share for the quarter that ended in Mar. 2024 was 円1,492.43. Hence, Tsubaki Nakashima Co's PB Ratio of today is 0.52.

Good Sign:

Tsubaki Nakashima Co Ltd stock PB Ratio (=0.52) is close to 10-year low of 0.48

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

TSE:6464' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.29   Max: 2.81
Current: 0.52

During the past 12 years, Tsubaki Nakashima Co's highest PB Ratio was 2.81. The lowest was 0.48. And the median was 1.29.

TSE:6464's PB Ratio is ranked better than
92.95% of 2938 companies
in the Industrial Products industry
Industry Median: 1.92 vs TSE:6464: 0.52

During the past 12 months, Tsubaki Nakashima Co's average Book Value Per Share Growth Rate was 15.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.10% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Tsubaki Nakashima Co was 6.90% per year. The lowest was -6.30% per year. And the median was 0.70% per year.

Back to Basics: PB Ratio


Tsubaki Nakashima Co PB Ratio Historical Data

The historical data trend for Tsubaki Nakashima 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.

Tsubaki Nakashima Co PB Ratio Chart

Tsubaki Nakashima Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.01 1.12 0.81 0.54

Tsubaki Nakashima 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 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 0.74 0.56 0.53 0.54 0.57

Competitive Comparison of Tsubaki Nakashima Co's PB Ratio

For the Tools & Accessories subindustry, Tsubaki Nakashima 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.


Tsubaki Nakashima Co's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tsubaki Nakashima Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tsubaki Nakashima Co's PB Ratio falls into.



Tsubaki Nakashima 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.

Tsubaki Nakashima Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=770.00/1492.433
=0.52

* 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.


Tsubaki Nakashima Co  (TSE:6464) 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.


Tsubaki Nakashima Co PB Ratio Related Terms

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


Tsubaki Nakashima Co (TSE:6464) Business Description

Traded in Other Exchanges
N/A
Address
19, Shakudo, Katsuragi, JPN, 639-2162
Tsubaki Nakashima Co Ltd is Japanese based steel balls and precision products, manufacturer. The company is engaged in the production and sale of industrial precision balls, rollers, ball screws, large-scale blowers, cages and sheet metal parts. Its products are used for bearing and other applications such as transportation equipment, home appliances, machine tools, robots, drone, automation equipment, ballpoint pen, and cosmetic spray.

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