Obara Group (TSE:6877) Price-to-Tangible-Book : 0.95 (As of May. 15, 2024)

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What is Obara Group Price-to-Tangible-Book?

As of today (2024-05-15), Obara Group's share price is 円4170.00. Obara Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円4,376.71. Hence, Obara Group's Price to Tangible Book Ratio of today is 0.95.

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

TSE:6877' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75 Med: 1.46 Max: 3.28
Current: 1

During the past 13 years, Obara Group's highest Price to Tangible Book Ratio was 3.28. The lowest was 0.75. And the median was 1.46.

TSE:6877's Price-to-Tangible-Book is ranked better than
80.64% of 2831 companies
in the Industrial Products industry
Industry Median: 2.12 vs TSE:6877: 1.00

A closely related ratio is called PB Ratio. As of today, Obara Group's share price is 円4170.00. Obara Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円4,401.89. Hence, Obara Group's P/B Ratio of today is 0.95.

Obara Group Price-to-Tangible-Book Historical Data

The historical data trend for Obara Group'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.

Obara Group Price-to-Tangible-Book Chart

Obara Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.35

1.21

1.17

0.80

0.91

Obara Group 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															0.97	0.98	0.91	0.91	0.87

Competitive Comparison of Obara Group's Price-to-Tangible-Book

For the Tools & Accessories subindustry, Obara Group'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.

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

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

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

Obara Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	4170.00	/	4376.705
	=	0.95

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.

Obara Group Price-to-Tangible-Book Related Terms

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

Obara Group (TSE:6877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Obara Group Inc (TSE:6877) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-2-37 Oogami, Ayase-shi, Kanagawa, JPN, 252-1104

Website

http://www.obara-g.com

Obara Group Inc is a Japanese supplier of welding and polishing solutions. The company offers resistance welding systems for the automotive industry and arc welding tools for the shipbuilding and construction industries. The polishing business sells polishing machines under the SpeedFam brand primarily to electronic and precision industries, including the treatment of silicon wafers, mobile phones and personal computer electronics, flat panels, memory disks, and opto-electronic parts.

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