GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Yamaha Corp (TSE:7951) » Definitions » PB Ratio

Yamaha (TSE:7951) PB Ratio : 1.15 (As of May. 05, 2024)


View and export this data going back to 1949. Start your Free Trial

What is Yamaha 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), Yamaha's share price is 円3282.00. Yamaha's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,854.63. Hence, Yamaha's PB Ratio of today is 1.15.

Good Sign:

Yamaha Corp stock PB Ratio (=1.15) is close to 5-year low of 1.1

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

TSE:7951' s PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 2.01   Max: 3.39
Current: 1.15

During the past 13 years, Yamaha's highest PB Ratio was 3.39. The lowest was 0.83. And the median was 2.01.

TSE:7951's PB Ratio is ranked better than
64.03% of 759 companies
in the Travel & Leisure industry
Industry Median: 1.78 vs TSE:7951: 1.15

During the past 12 months, Yamaha's average Book Value Per Share Growth Rate was 11.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Yamaha was 19.30% per year. The lowest was -8.70% per year. And the median was 6.70% per year.

Back to Basics: PB Ratio


Yamaha PB Ratio Historical Data

The historical data trend for Yamaha'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.

Yamaha PB Ratio Chart

Yamaha 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 2.78 2.28 2.67 2.21 1.90

Yamaha 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 1.92 1.90 1.96 1.41 1.14

Competitive Comparison of Yamaha's PB Ratio

For the Leisure subindustry, Yamaha'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.


Yamaha's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yamaha's PB Ratio distribution charts can be found below:

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



Yamaha 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3282.00/2854.634
=1.15

* 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.


Yamaha  (TSE:7951) 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.


Yamaha PB Ratio Related Terms

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


Yamaha (TSE:7951) Business Description

Traded in Other Exchanges
Address
10-1, Nakazawa-cho, Naka-ku, Shizuoka, Hamamatsu, JPN, 430-8650
Yamaha is a Japanese manufacturer of musical instruments and audio equipment. The company organises itself into four segments, based on product type: musical instruments, audio equipment, electronic devices, and other. Sales in the musical instruments and audio equipment segments constitute the vast majority of consolidated revenue. The musical instruments segment, which contributes more than half of company revenue, includes pianos, wind, string, percussion, and digital music instruments, and music schools. Audio equipment includes AV receivers, amplifiers, speakers, commercial karaoke equipment, and conference systems. The company derives around a third of its revenue domestically, with North America, Europe, and China the next most significant geographies.

Yamaha (TSE:7951) Headlines

No Headlines