Grandy House (TSE:8999) PB Ratio : 0.65 (As of Jun. 04, 2024)

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What is Grandy House 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 (2024-06-04), Grandy House's share price is 円578.00. Grandy House's Book Value per Share for the quarter that ended in Dec. 2023 was 円882.73. Hence, Grandy House's PB Ratio of today is 0.65.

Good Sign:

Grandy House Corp stock PB Ratio (=0.66) is close to 2-year low of 0.61

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

TSE:8999' s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.65 Max: 0.92
Current: 0.66

During the past 13 years, Grandy House's highest PB Ratio was 0.92. The lowest was 0.38. And the median was 0.65.

TSE:8999's PB Ratio is ranked better than
59.34% of 1746 companies
in the Real Estate industry
Industry Median: 0.81 vs TSE:8999: 0.66

During the past 12 months, Grandy House's average Book Value Per Share Growth Rate was -0.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Grandy House was 11.10% per year. The lowest was 4.90% per year. And the median was 7.80% per year.

Back to Basics: PB Ratio

Grandy House PB Ratio Historical Data

The historical data trend for Grandy House'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.

Grandy House PB Ratio Chart

Grandy House Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.61

0.47

0.61

0.62

Grandy House 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															0.62	0.62	0.67	0.76	0.70

Competitive Comparison of Grandy House's PB Ratio

For the Real Estate Services subindustry, Grandy House'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.

Grandy House's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Grandy House's PB Ratio distribution charts can be found below:

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

Grandy House 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.

Grandy House's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	578.00	/	882.731
	=	0.65

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.

Grandy House (TSE:8999) 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.

Grandy House PB Ratio Related Terms

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Grandy House (TSE:8999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Grandy House Corp (TSE:8999) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-3-18, Odori, Tochigi Prefecture, UTSUNOMIYA, JPN, 3320-081

Website

https://www.grandy.co.jp

Grandy House Corp is a real estate company based in Japan. The company's three reportable segments are classified as Real Estate Sales, Construction Material Sales, and Real Estate Leasing. The Real Estate Sales business includes sales of new homes including building contract and sale of land and existing homes and home renovation. The Construction Material Sales business comprises of production and sale of pre-cut materials for housing and sale of construction materials and home facilities and equipment. In the Real Estate Leasing business, activities comprise the leasing of office, homes, related properties, and parking facilities.

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