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Nippon Ceramic Co (TSE:6929) Price-to-Tangible-Book : 1.19 (As of May. 14, 2024)


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What is Nippon Ceramic Co Price-to-Tangible-Book?

As of today (2024-05-14), Nippon Ceramic Co's share price is 円2519.00. Nippon Ceramic Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円2,123.99. Hence, Nippon Ceramic Co's Price to Tangible Book Ratio of today is 1.19.

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

TSE:6929' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.97   Med: 1.3   Max: 1.57
Current: 1.19

During the past 13 years, Nippon Ceramic Co's highest Price to Tangible Book Ratio was 1.57. The lowest was 0.97. And the median was 1.30.

TSE:6929's Price-to-Tangible-Book is ranked better than
74.48% of 2304 companies
in the Hardware industry
Industry Median: 2.05 vs TSE:6929: 1.19

A closely related ratio is called PB Ratio. As of today, Nippon Ceramic Co's share price is 円2519.00. Nippon Ceramic Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円2,138.70. Hence, Nippon Ceramic Co's P/B Ratio of today is 1.18.


Nippon Ceramic Co Price-to-Tangible-Book Historical Data

The historical data trend for Nippon Ceramic 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.

Nippon Ceramic Co Price-to-Tangible-Book Chart

Nippon Ceramic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.57 1.46 1.15 1.32

Nippon Ceramic 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 1.15 1.36 1.33 1.26 1.32

Competitive Comparison of Nippon Ceramic Co's Price-to-Tangible-Book

For the Electronic Components subindustry, Nippon Ceramic 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.


Nippon Ceramic Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nippon Ceramic Co's Price-to-Tangible-Book distribution charts can be found below:

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



Nippon Ceramic Co Price-to-Tangible-Book Calculation

Nippon Ceramic 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 )
=2519.00/2123.992
=1.19

* 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.


Nippon Ceramic Co Price-to-Tangible-Book Related Terms

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


Nippon Ceramic Co (TSE:6929) Business Description

Traded in Other Exchanges
N/A
Address
176-17 Hirooka, Tottori-shi, Tottori, JPN, 689-1193
Nippon Ceramic Co Ltd is a Japan based company engaged in development, manufacturing and sale of ceramic sensors, ferrite, module and others. Its products are applicable for household equipment and plant facilities; automobiles; home electronics and office automation equipment; and electronics. Its Household equipment & plant faculties include lighting, sensor, security system, fire detection sensor etc. In automobile industry its products are applicable in sensor, DC- DC Converter, charging & discharging battery etc. Its products in home electronics include Microwave, airconditioner and IH cooker. Under electronics industry its products are power supplies, fan motors, inverters.

Nippon Ceramic Co (TSE:6929) Headlines

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