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Sumitomo Warehouse Co (TSE:9303) PB Ratio : 0.85 (As of May. 11, 2024)


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What is Sumitomo Warehouse 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 (2024-05-11), Sumitomo Warehouse Co's share price is 円2553.00. Sumitomo Warehouse Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,989.39. Hence, Sumitomo Warehouse Co's PB Ratio of today is 0.85.

Good Sign:

Sumitomo Warehouse Co Ltd stock PB Ratio (=0.86) is close to 1-year low of 0.79

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

TSE:9303' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.7   Max: 0.96
Current: 0.85

During the past 13 years, Sumitomo Warehouse Co's highest PB Ratio was 0.96. The lowest was 0.49. And the median was 0.70.

TSE:9303's PB Ratio is ranked better than
72.01% of 929 companies
in the Transportation industry
Industry Median: 1.34 vs TSE:9303: 0.85

During the past 12 months, Sumitomo Warehouse Co's average Book Value Per Share Growth Rate was 12.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sumitomo Warehouse Co was 12.80% per year. The lowest was -8.20% per year. And the median was 5.05% per year.

Back to Basics: PB Ratio


Sumitomo Warehouse Co PB Ratio Historical Data

The historical data trend for Sumitomo Warehouse 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.

Sumitomo Warehouse Co PB Ratio Chart

Sumitomo Warehouse Co 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 0.66 0.60 0.64 0.91 0.79

Sumitomo Warehouse Co 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 0.73 0.79 0.81 0.80 0.82

Competitive Comparison of Sumitomo Warehouse Co's PB Ratio

For the Integrated Freight & Logistics subindustry, Sumitomo Warehouse 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.


Sumitomo Warehouse Co's PB Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Sumitomo Warehouse Co's PB Ratio falls into.



Sumitomo Warehouse 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.

Sumitomo Warehouse Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2553.00/2989.393
=0.85

* 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.


Sumitomo Warehouse Co  (TSE:9303) 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.


Sumitomo Warehouse Co PB Ratio Related Terms

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


Sumitomo Warehouse Co (TSE:9303) Business Description

Traded in Other Exchanges
N/A
Address
Nakanoshima 3-chome 2-18, Sumitomo Nakanoshima Building, Kita-ku, Osaka, JPN, 530-0005
Sumitomo Warehouse Co Ltd is a logistics company domiciled in Japan. The company organises itself into three segments: logistics, shipping, and real estate. The logistics segment, which generates the majority of revenue, provides warehousing, transports cargo by air and land, and provides harbour transportation. Shipping, which generates the next largest portion of revenue, includes vessel operations to transport goods by sea. The real estate segment leases and sells real estate. The company derives the majority of income domestically.

Sumitomo Warehouse Co (TSE:9303) Headlines

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