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Nittoku Co (TSE:6145) Price-to-Tangible-Book : 0.84 (As of May. 25, 2024)


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

As of today (2024-05-25), Nittoku Co's share price is 円1717.00. Nittoku Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円2,048.89. Hence, Nittoku Co's Price to Tangible Book Ratio of today is 0.84.

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

TSE:6145' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 1.44   Max: 3.48
Current: 0.84

During the past 13 years, Nittoku Co's highest Price to Tangible Book Ratio was 3.48. The lowest was 0.84. And the median was 1.44.

TSE:6145's Price-to-Tangible-Book is ranked better than
85.21% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs TSE:6145: 0.84

A closely related ratio is called PB Ratio. As of today, Nittoku Co's share price is 円1717.00. Nittoku Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円2,058.46. Hence, Nittoku Co's P/B Ratio of today is 0.83.


Nittoku Co Price-to-Tangible-Book Historical Data

The historical data trend for Nittoku 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.

Nittoku Co Price-to-Tangible-Book Chart

Nittoku Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.73 1.90 1.40 1.48

Nittoku 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 1.24 1.48 1.33 1.20 0.98

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

For the Specialty Industrial Machinery subindustry, Nittoku 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.


Nittoku Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nittoku Co's Price-to-Tangible-Book distribution charts can be found below:

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



Nittoku Co Price-to-Tangible-Book Calculation

Nittoku 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 )
=1717.00/2048.886
=0.84

* 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.


Nittoku Co Price-to-Tangible-Book Related Terms

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


Nittoku Co (TSE:6145) Business Description

Traded in Other Exchanges
N/A
Address
5-11-20, Shirahata, Minami-ku, Saitama Prefecture, Saitama, JPN, 3368561
Nittoku Co Ltd is a Japan-based company engaged in the manufacturing and sale of coil winding machines and peripheral systems. It also engaged in the factory automation systems and contactless smart cards and parts thereof. The product portfolio of the company includes Relay, Injector coil, Pick up coil, Bobbinless coil, and IC Card among others.

Nittoku Co (TSE:6145) Headlines

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