Asahi Yukizai (TSE:4216) Price-to-Tangible-Book : 1.43 (As of May. 15, 2024)

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What is Asahi Yukizai Price-to-Tangible-Book?

As of today (2024-05-15), Asahi Yukizai's share price is 円4955.00. Asahi Yukizai's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円3,468.90. Hence, Asahi Yukizai's Price to Tangible Book Ratio of today is 1.43.

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

TSE:4216' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51 Med: 0.67 Max: 1.46
Current: 1.43

During the past 13 years, Asahi Yukizai's highest Price to Tangible Book Ratio was 1.46. The lowest was 0.51. And the median was 0.67.

TSE:4216's Price-to-Tangible-Book is ranked worse than
51.73% of 1506 companies
in the Construction industry
Industry Median: 1.38 vs TSE:4216: 1.43

A closely related ratio is called PB Ratio. As of today, Asahi Yukizai's share price is 円4955.00. Asahi Yukizai's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円3,600.89. Hence, Asahi Yukizai's P/B Ratio of today is 1.38.

Asahi Yukizai Price-to-Tangible-Book Historical Data

The historical data trend for Asahi Yukizai'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.

Asahi Yukizai Price-to-Tangible-Book Chart

Asahi Yukizai Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.75

0.64

0.65

0.78

1.04

Asahi Yukizai 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															0.96	1.04	1.38	1.10	1.09

Competitive Comparison of Asahi Yukizai's Price-to-Tangible-Book

For the Building Products & Equipment subindustry, Asahi Yukizai'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.

Asahi Yukizai's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Asahi Yukizai's Price-to-Tangible-Book distribution charts can be found below:

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

Asahi Yukizai Price-to-Tangible-Book Calculation

Asahi Yukizai's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4955.00	/	3468.904
	=	1.43

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.

Asahi Yukizai Price-to-Tangible-Book Related Terms

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

Asahi Yukizai (TSE:4216) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

20th Floor, World Trade Center Building, 4-1 Hamamatsu-Cho 2-Chome, Minato-Ku, Tokyo, JPN, 105-6120

Website

http://www.asahi-yukizai.co.jp

Asahi Yukizai Corp engages in the manufacture and sale of industrial resins and piping materials. The firm offers synthetic resin piping material for valves, pipes, fittings, and other locations, as well as the Dymatrix high-performance synthetic resin piping material for LCD- and semiconductor-related systems; and foundry materials and functional resins for casting, molding materials, high functional materials, and others. It also engages in the development and supply of water and thermal resources, including well drilling and geothermal exploitation, and hot spring exploitation; design and construction of water utility facilities and reuse of wastewater; industrial water and wastewater treatment; and provision of public sewage facilities.

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