Adastria Co (TSE:2685) Price-to-Tangible-Book : 2.85 (As of May. 16, 2024)

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

As of today (2024-05-16), Adastria Co's share price is 円3520.00. Adastria Co's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was 円1,236.00. Hence, Adastria Co's Price to Tangible Book Ratio of today is 2.85.

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

TSE:2685' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.62 Med: 2.08 Max: 3.04
Current: 2.76

During the past 13 years, Adastria Co's highest Price to Tangible Book Ratio was 3.04. The lowest was 1.62. And the median was 2.08.

TSE:2685's Price-to-Tangible-Book is ranked worse than
75% of 988 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.335 vs TSE:2685: 2.76

A closely related ratio is called PB Ratio. As of today, Adastria Co's share price is 円3520.00. Adastria Co's Book Value per Sharefor the quarter that ended in Nov. 2023 was 円1,506.85. Hence, Adastria Co's P/B Ratio of today is 2.34.

Adastria Co Price-to-Tangible-Book Historical Data

The historical data trend for Adastria 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.

Adastria Co Price-to-Tangible-Book Chart

Adastria Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.62

2.08

1.78

2.07

2.67

Adastria Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.07	2.48	2.44	3.07	2.67

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

For the Apparel Manufacturing subindustry, Adastria 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.

Adastria Co's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Adastria Co's Price-to-Tangible-Book distribution charts can be found below:

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

Adastria Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	3520.00	/	1236.004
	=	2.85

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.

Adastria Co Price-to-Tangible-Book Related Terms

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

Adastria Co (TSE:2685) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Adastria Co Ltd (TSE:2685) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

10th Floor, Gran Tokyo South Tower, 1-9-2, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6610

Website

http://www.adastria.co.jp

Adastria Co Ltd is a manufacturer and retailer of clothing, bags, shoes, kitchen goods, furniture, and accessories with over a thousand stores in Asia. Its many retail brands span from targeting teenagers to middle-aged adults and from high-priced to mass-market goods. Its biggest brands include Lepsim, studio CLIP, niko and, Global Work, Heather, Jeanasis, Rageblue, and Lowrys Farm. The vast majority of Adastria's revenue and store locations are in Japan. Other Asian markets include Hong Kong, China, Taiwan, South Korea, and Singapore.

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