Tobu Railway Co (TSE:9001) PB Ratio : 1.13 (As of May. 14, 2024)

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What is Tobu Railway 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 (2024-05-14), Tobu Railway Co's share price is 円2941.00. Tobu Railway Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,591.46. Hence, Tobu Railway Co's PB Ratio of today is 1.13.

Good Sign:

Tobu Railway Co Ltd stock PB Ratio (=1.12) is close to 10-year low of 1.12

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

TSE:9001' s PB Ratio Range Over the Past 10 Years
Min: 1.12 Med: 1.52 Max: 1.97
Current: 1.13

During the past 13 years, Tobu Railway Co's highest PB Ratio was 1.97. The lowest was 1.12. And the median was 1.52.

TSE:9001's PB Ratio is ranked better than
59.08% of 931 companies
in the Transportation industry
Industry Median: 1.33 vs TSE:9001: 1.13

During the past 12 months, Tobu Railway Co's average Book Value Per Share Growth Rate was 12.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tobu Railway Co was 16.60% per year. The lowest was -0.20% per year. And the median was 6.70% per year.

Back to Basics: PB Ratio

Tobu Railway Co PB Ratio Historical Data

The historical data trend for Tobu Railway 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.

Tobu Railway Co PB Ratio Chart

Tobu Railway Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

Get a 7-Day Free Trial

1.69

1.40

1.37

1.38

1.46

Tobu Railway 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															1.38	1.61	1.56	1.52	1.46

Competitive Comparison of Tobu Railway Co's PB Ratio

For the Railroads subindustry, Tobu Railway 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.

Tobu Railway Co's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tobu Railway Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tobu Railway Co's PB Ratio falls into.

Tobu Railway 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.

Tobu Railway Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2941.00	/	2591.46
	=	1.13

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.

Tobu Railway Co (TSE:9001) 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.

Tobu Railway Co PB Ratio Related Terms

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

Tobu Railway Co (TSE:9001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tobu Railway Co Ltd (TSE:9001) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2 1-2 Oshiage, Sumida-ku, Tokyo, JPN, 131-8522

Website

http://www.tobu.co.jp

Tobu Railway is a transportation and industrial company domiciled in Japan. The company organises itself into five segments: transportation, leisure, real estate, retail distribution, and others. Transportation, which contributes the most significant portion of revenue, operates passenger transportation services through rail, bus, and taxi, and freight and delivery services. Retail distribution, the next most significant segment, operates department stores and a chain of supermarkets. The leisure segment operates hotels, theme parks, golf courses, and related leisure businesses. The real estate segment leases real estate and operates bicycle and parking lot businesses.

Tobu Railway Co (TSE:9001) Headlines

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