Sumitomo Electric Industries (TSE:5802) Price-to-Tangible-Book : 0.94 (As of May. 04, 2024)

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What is Sumitomo Electric Industries Price-to-Tangible-Book?

As of today (2024-05-04), Sumitomo Electric Industries's share price is 円2402.50. Sumitomo Electric Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円2,551.57. Hence, Sumitomo Electric Industries's Price to Tangible Book Ratio of today is 0.94.

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

TSE:5802' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6 Med: 0.82 Max: 1.09
Current: 0.94

During the past 13 years, Sumitomo Electric Industries's highest Price to Tangible Book Ratio was 1.09. The lowest was 0.60. And the median was 0.82.

TSE:5802's Price-to-Tangible-Book is ranked better than
70.34% of 1197 companies
in the Vehicles & Parts industry
Industry Median: 1.7 vs TSE:5802: 0.94

A closely related ratio is called PB Ratio. As of today, Sumitomo Electric Industries's share price is 円2402.50. Sumitomo Electric Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円2,602.06. Hence, Sumitomo Electric Industries's P/B Ratio of today is 0.92.

Sumitomo Electric Industries Price-to-Tangible-Book Historical Data

The historical data trend for Sumitomo Electric Industries'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.

Sumitomo Electric Industries Price-to-Tangible-Book Chart

Sumitomo Electric Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.76

0.60

0.81

0.66

0.71

Sumitomo Electric Industries 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															0.66	0.71	0.72	0.71	0.70

Competitive Comparison of Sumitomo Electric Industries's Price-to-Tangible-Book

For the Auto Parts subindustry, Sumitomo Electric Industries'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.

Sumitomo Electric Industries's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Electric Industries's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sumitomo Electric Industries's Price-to-Tangible-Book falls into.

Sumitomo Electric Industries Price-to-Tangible-Book Calculation

Sumitomo Electric Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2402.50	/	2551.569
	=	0.94

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.

Sumitomo Electric Industries Price-to-Tangible-Book Related Terms

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

Sumitomo Electric Industries (TSE:5802) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sumitomo Electric Industries Ltd (TSE:5802) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SMTOY:USA SMO:Germany

Address

4-5-33, Kitahama, Chuo-ku, Osaka, JPN, 541-0041

Website

http://www.sei.co.jp

Sumitomo Electric Industries Ltd manufactures and sells electric wires and cables, and other products. The company is engaged in diversified business activities supporting people's daily lives and industry through five business segments: Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others. The Automobile-related segment offers wire harnesses, rubber cushions, hoses for automobiles, automobile electrical parts and others. Sumitomo's Information Communications-related segment offers fiber-optic cables, electrical cables and equipment for communications use, optical communications-related parts and others. It derives most of the revenue from Japan.

Sumitomo Electric Industries (TSE:5802) Headlines

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