Denka Co (Denka Co) Price-to-Tangible-Book : 0.73 (As of May. 11, 2024)

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What is Denka Co Price-to-Tangible-Book?

As of today (2024-05-11), Denka Co's share price is $17.75. Denka Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $24.34. Hence, Denka Co's Price to Tangible Book Ratio of today is 0.73.

The historical rank and industry rank for Denka Co's Price-to-Tangible-Book or its related term are showing as below:

DENKF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66 Med: 1.11 Max: 1.78
Current: 0.66

During the past 13 years, Denka Co's highest Price to Tangible Book Ratio was 1.78. The lowest was 0.66. And the median was 1.11.

DENKF's Price-to-Tangible-Book is ranked better than
86.95% of 1487 companies
in the Chemicals industry
Industry Median: 1.86 vs DENKF: 0.66

A closely related ratio is called PB Ratio. As of today, Denka Co's share price is $17.75. Denka Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $24.74. Hence, Denka Co's P/B Ratio of today is 0.72.

Denka Co Price-to-Tangible-Book Historical Data

The historical data trend for Denka Co's Price-to-Tangible-Book 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.

Denka Co Price-to-Tangible-Book Chart

Denka Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.17

1.54

1.05

0.83

0.76

Denka Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.83	0.86	0.87	0.73	0.76

Competitive Comparison of Denka Co's Price-to-Tangible-Book

For the Chemicals subindustry, Denka Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Denka Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Denka Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Denka Co's Price-to-Tangible-Book falls into.

Denka Co Price-to-Tangible-Book Calculation

Denka Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	17.75	/	24.344
	=	0.73

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Denka Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Denka Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Denka Co (Denka Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Denka Co Ltd (OTCPK:DENKF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

4061:Japan DIK:Germany DIK:Germany

Address

Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, JPN, 103-8338

Website

http://www.denka.co.jp

Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.

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