World Holdings Co (TSE:2429) Price-to-Tangible-Book : 1.36 (As of May. 17, 2024)

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What is World Holdings Co Price-to-Tangible-Book?

As of today (2024-05-17), World Holdings Co's share price is 円2280.00. World Holdings Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円1,674.99. Hence, World Holdings Co's Price to Tangible Book Ratio of today is 1.36.

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

TSE:2429' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9 Med: 1.81 Max: 5.13
Current: 1.36

During the past 13 years, World Holdings Co's highest Price to Tangible Book Ratio was 5.13. The lowest was 0.90. And the median was 1.81.

TSE:2429's Price-to-Tangible-Book is ranked better than
65.7% of 866 companies
in the Business Services industry
Industry Median: 2.085 vs TSE:2429: 1.36

A closely related ratio is called PB Ratio. As of today, World Holdings Co's share price is 円2280.00. World Holdings Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円2,198.41. Hence, World Holdings Co's P/B Ratio of today is 1.04.

World Holdings Co Price-to-Tangible-Book Historical Data

The historical data trend for World Holdings 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.

World Holdings Co Price-to-Tangible-Book Chart

World Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.48

1.21

1.47

1.41

1.55

World Holdings 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															1.46	1.73	1.47	1.55	1.53

Competitive Comparison of World Holdings Co's Price-to-Tangible-Book

For the Staffing & Employment Services subindustry, World Holdings 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.

World Holdings Co's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, World Holdings Co's Price-to-Tangible-Book distribution charts can be found below:

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

World Holdings Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	2280.00	/	1674.986
	=	1.36

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.

World Holdings Co Price-to-Tangible-Book Related Terms

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

World Holdings Co (TSE:2429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » World Holdings Co Ltd (TSE:2429) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hakata Station 2-1-1, Fukuoka Asahi Building, 6th Floor, Fukuoka, JPN, 802-0077

Website

http://world-hd.co.jp

World Holdings Co Ltd is a Japan based company engaged in the human resource and education business, real estate business and information communication business. In the human resource and education business, the company offers contract and temporary placement services and management skills for manufacturing and contracting business to other companies. The real estate business area of the company comprises detached housing sales business, residential condominium sale business, property business, building management business and brokerage business.

World Holdings Co (TSE:2429) Headlines

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