Laboro AI (TSE:5586) Price-to-Tangible-Book : 8.46 (As of Jun. 08, 2024)

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What is Laboro AI Price-to-Tangible-Book?

As of today (2024-06-08), Laboro AI's share price is 円1226.00. Laboro AI's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円144.84. Hence, Laboro AI's Price to Tangible Book Ratio of today is 8.46.

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

TSE:5586' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.16 Med: 6.86 Max: 13.14
Current: 8.46

During the past 3 years, Laboro AI's highest Price to Tangible Book Ratio was 13.14. The lowest was 5.16. And the median was 6.86.

TSE:5586's Price-to-Tangible-Book is ranked worse than
75.59% of 2089 companies
in the Software industry
Industry Median: 3.47 vs TSE:5586: 8.46

A closely related ratio is called PB Ratio. As of today, Laboro AI's share price is 円1226.00. Laboro AI's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円144.84. Hence, Laboro AI's P/B Ratio of today is 8.46.

Laboro AI Price-to-Tangible-Book Historical Data

The historical data trend for Laboro AI'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.

Laboro AI Price-to-Tangible-Book Chart

Laboro AI Annual Data

Trend

Sep21

Sep22

Sep23

Price-to-Tangible-Book

6.86

Laboro AI Quarterly Data
	Sep21	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	6.86	5.16	13.14

Competitive Comparison of Laboro AI's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Laboro AI'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.

Laboro AI's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Laboro AI's Price-to-Tangible-Book distribution charts can be found below:

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

Laboro AI Price-to-Tangible-Book Calculation

Laboro AI's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1226.00	/	144.835
	=	8.46

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.

Laboro AI Price-to-Tangible-Book Related Terms

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

Laboro AI (TSE:5586) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Laboro AI Inc (TSE:5586) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

8-11-1 Ginza, Chuo-ku, Tokyo, JPN, 104-0061

Website

https://laboro.ai

Laboro AI Inc is a Provider of developing business solutions using artificial intelligence technology intended to connect technology and business. The company also provides consulting services related to the utilization of artificial intelligence which includes planning, introduction, and execution support for AI utilization.

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