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FORLIFE Co (TSE:3477) Price-to-Tangible-Book : 0.70 (As of Jun. 04, 2024)


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

As of today (2024-06-04), FORLIFE Co's share price is 円594.00. FORLIFE Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円844.24. Hence, FORLIFE Co's Price to Tangible Book Ratio of today is 0.70.

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

TSE:3477' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.49   Med: 0.83   Max: 2.08
Current: 0.7

During the past 9 years, FORLIFE Co's highest Price to Tangible Book Ratio was 2.08. The lowest was 0.49. And the median was 0.83.

TSE:3477's Price-to-Tangible-Book is ranked better than
81.63% of 98 companies
in the Homebuilding & Construction industry
Industry Median: 1.315 vs TSE:3477: 0.70

A closely related ratio is called PB Ratio. As of today, FORLIFE Co's share price is 円594.00. FORLIFE Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円845.41. Hence, FORLIFE Co's P/B Ratio of today is 0.70.


FORLIFE Co Price-to-Tangible-Book Historical Data

The historical data trend for FORLIFE 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.

FORLIFE Co Price-to-Tangible-Book Chart

FORLIFE Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 0.67 0.49 0.93 0.88 0.74

FORLIFE Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 0.74 0.74 0.74 0.73 0.71

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

For the Residential Construction subindustry, FORLIFE 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.


FORLIFE Co's Price-to-Tangible-Book Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, FORLIFE Co's Price-to-Tangible-Book distribution charts can be found below:

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



FORLIFE Co Price-to-Tangible-Book Calculation

FORLIFE 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 )
=594.00/844.24
=0.70

* 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 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.


FORLIFE Co Price-to-Tangible-Book Related Terms

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


FORLIFE Co (TSE:3477) Business Description

Traded in Other Exchanges
N/A
Address
1-4-11 Okurayama, Kohoku-ku, Kanagawa Prefecture, FORLIFE Okurayama Publishing Building, Yubinbango, Yokohama, JPN, 222-0037
FORLIFE Co Ltd is a Japanese firm. It builds and sells ordered housing and manufactured housing. It also provides leasing business. It has a consultation and finance business.

FORLIFE Co (TSE:3477) Headlines

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