Toyo Kanetsu KK (TSE:6369) Price-to-Tangible-Book : 0.86 (As of May. 23, 2024)

View and export this data going back to 1961. Start your Free Trial

What is Toyo Kanetsu KK Price-to-Tangible-Book?

As of today (2024-05-23), Toyo Kanetsu KK's share price is 円3930.00. Toyo Kanetsu KK's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円4,545.90. Hence, Toyo Kanetsu KK's Price to Tangible Book Ratio of today is 0.86.

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

TSE:6369' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48 Med: 0.68 Max: 0.94
Current: 0.82

During the past 13 years, Toyo Kanetsu KK's highest Price to Tangible Book Ratio was 0.94. The lowest was 0.48. And the median was 0.68.

TSE:6369's Price-to-Tangible-Book is ranked better than
85.74% of 2833 companies
in the Industrial Products industry
Industry Median: 2.13 vs TSE:6369: 0.82

A closely related ratio is called PB Ratio. As of today, Toyo Kanetsu KK's share price is 円3930.00. Toyo Kanetsu KK's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円4,626.42. Hence, Toyo Kanetsu KK's P/B Ratio of today is 0.85.

Toyo Kanetsu KK Price-to-Tangible-Book Historical Data

The historical data trend for Toyo Kanetsu KK'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.

Toyo Kanetsu KK Price-to-Tangible-Book Chart

Toyo Kanetsu KK Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.48

0.62

0.56

0.57

0.94

Toyo Kanetsu KK Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.57	0.78	0.74	0.85	0.94

Competitive Comparison of Toyo Kanetsu KK's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Toyo Kanetsu KK'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.

Toyo Kanetsu KK's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Toyo Kanetsu KK's Price-to-Tangible-Book falls into.

Toyo Kanetsu KK Price-to-Tangible-Book Calculation

Toyo Kanetsu KK's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3930.00	/	4545.897
	=	0.86

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.

Toyo Kanetsu KK Price-to-Tangible-Book Related Terms

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

Toyo Kanetsu KK (TSE:6369) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Toyo Kanetsu KK (TSE:6369) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

11-1, Minamisuna 2-chome, Koto-ku, Tokyo, JPN, 136-8666

Website

http://www.toyokanetsu.co.jp

Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.

Toyo Kanetsu KK (TSE:6369) Headlines

No Headlines