Azbil (TSE:6845) Price-to-Tangible-Book : 2.91 (As of May. 05, 2024)

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What is Azbil Price-to-Tangible-Book?

As of today (2024-05-05), Azbil's share price is 円4460.00. Azbil's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円1,533.79. Hence, Azbil's Price to Tangible Book Ratio of today is 2.91.

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

TSE:6845' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.41 Med: 2.2 Max: 4.28
Current: 2.91

During the past 13 years, Azbil's highest Price to Tangible Book Ratio was 4.28. The lowest was 1.41. And the median was 2.20.

TSE:6845's Price-to-Tangible-Book is ranked worse than
65.54% of 2821 companies
in the Industrial Products industry
Industry Median: 2.12 vs TSE:6845: 2.91

A closely related ratio is called PB Ratio. As of today, Azbil's share price is 円4460.00. Azbil's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円1,580.65. Hence, Azbil's P/B Ratio of today is 2.82.

Azbil Price-to-Tangible-Book Historical Data

The historical data trend for Azbil'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.

Azbil Price-to-Tangible-Book Chart

Azbil Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.11

2.20

3.45

2.89

2.51

Azbil 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															2.45	2.51	3.07	3.04	3.04

Competitive Comparison of Azbil's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Azbil'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.

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

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

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

Azbil Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4460.00	/	1533.791
	=	2.91

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.

Azbil Price-to-Tangible-Book Related Terms

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

Azbil (TSE:6845) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Azbil Corp (TSE:6845) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

YMK:Germany

Address

2-7-3 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6419

Website

http://www.azbil.com

Azbil Corp is a Japan-based company that primarily operates through three segments. The building automation segment designs and manufactures building automation products, which include application software, controllers, valves, sensors, and others. This segment also provides engineering, maintenance, energy-saving, and facility management services. The advanced automation segment provides products, solutions, and engineering and maintenance services to help plants improve efficiency. The life automation segment is involved in utilities serviced, pharmaceutical and medical fields, life sciences research, and others. The company generates the majority of its revenue from the Japanese domestic market.

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