Hamamatsu Photonics KK (TSE:6965) PB Ratio : 2.77 (As of Apr. 27, 2024)

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What is Hamamatsu Photonics KK 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 (2024-04-27), Hamamatsu Photonics KK's share price is 円5710.00. Hamamatsu Photonics KK's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,064.84. Hence, Hamamatsu Photonics KK's PB Ratio of today is 2.77.

Good Sign:

Hamamatsu Photonics KK stock PB Ratio (=2.64) is close to 5-year low of 2.53

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

TSE:6965' s PB Ratio Range Over the Past 10 Years
Min: 1.7 Med: 3.17 Max: 5
Current: 2.77

During the past 13 years, Hamamatsu Photonics KK's highest PB Ratio was 5.00. The lowest was 1.70. And the median was 3.17.

TSE:6965's PB Ratio is ranked worse than
70.97% of 2391 companies
in the Hardware industry
Industry Median: 1.83 vs TSE:6965: 2.77

During the past 12 months, Hamamatsu Photonics KK's average Book Value Per Share Growth Rate was 13.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hamamatsu Photonics KK was 26.90% per year. The lowest was 3.00% per year. And the median was 6.90% per year.

Back to Basics: PB Ratio

Hamamatsu Photonics KK PB Ratio Historical Data

The historical data trend for Hamamatsu Photonics KK'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.

Hamamatsu Photonics KK PB Ratio Chart

Hamamatsu Photonics KK Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

PB Ratio

Get a 7-Day Free Trial

3.06

3.85

4.54

3.42

3.06

Hamamatsu Photonics KK 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															3.47	3.74	3.58	3.06	2.81

Competitive Comparison of Hamamatsu Photonics KK's PB Ratio

For the Electronic Components subindustry, Hamamatsu Photonics KK'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.

Hamamatsu Photonics KK's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hamamatsu Photonics KK's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hamamatsu Photonics KK's PB Ratio falls into.

Hamamatsu Photonics KK 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.

Hamamatsu Photonics KK's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	5710.00	/	2064.836
	=	2.77

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.

Hamamatsu Photonics KK (TSE:6965) 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.

Hamamatsu Photonics KK PB Ratio Related Terms

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

Hamamatsu Photonics KK (TSE:6965) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hamamatsu Photonics KK (TSE:6965) » Definitions » PB Ratio

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Address

325-6, Sunayama-cho, Naka-ku, Shizuoka Pref, Hamamatsu, JPN, 430-8587

Website

http://www.hamamatsu.com

Hamamatsu Photonics KK is a Japan-based company that manufactures and distributes optical components and devices for use in life science equipment and systems, drug discovery systems, and material evaluation systems. The firm operates in four segments: Electronic Tube segment, which manufactures photomultiplier tubes; Optical Semiconductor segment, which sells optical sensors and other semiconductor components; Image Measuring Equipment, which manufactures the equipment for various measurement systems; and Others, which includes the hospitality business.

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