Mitsubishi Motors (TSE:7211) Price-to-Tangible-Book : 0.81 (As of May. 03, 2024)

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What is Mitsubishi Motors Price-to-Tangible-Book?

As of today (2024-05-03), Mitsubishi Motors's share price is 円479.40. Mitsubishi Motors's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円588.26. Hence, Mitsubishi Motors's Price to Tangible Book Ratio of today is 0.81.

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

TSE:7211' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.63 Med: 1.12 Max: 2.25
Current: 0.81

During the past 13 years, Mitsubishi Motors's highest Price to Tangible Book Ratio was 2.25. The lowest was 0.63. And the median was 1.12.

TSE:7211's Price-to-Tangible-Book is ranked better than
74.21% of 1198 companies
in the Vehicles & Parts industry
Industry Median: 1.7 vs TSE:7211: 0.81

A closely related ratio is called PB Ratio. As of today, Mitsubishi Motors's share price is 円479.40. Mitsubishi Motors's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円616.19. Hence, Mitsubishi Motors's P/B Ratio of today is 0.78.

Mitsubishi Motors Price-to-Tangible-Book Historical Data

The historical data trend for Mitsubishi Motors'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.

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Mitsubishi Motors Price-to-Tangible-Book Chart

Mitsubishi Motors Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.05

0.63

0.99

0.87

1.02

Mitsubishi Motors 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															1.04	1.02	0.90	1.13	0.76

Competitive Comparison of Mitsubishi Motors's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, Mitsubishi Motors'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.

Mitsubishi Motors's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsubishi Motors's Price-to-Tangible-Book distribution charts can be found below:

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

Mitsubishi Motors Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	479.40	/	588.259
	=	0.81

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.

Mitsubishi Motors Price-to-Tangible-Book Related Terms

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

Mitsubishi Motors (TSE:7211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mitsubishi Motors Corp (TSE:7211) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MMTOF:USA MMO:Germany

Address

5-33-8, Shiba, Minato - ku, Tokyo, JPN, 108-8410

Website

http://www.mitsubishi-motors.co.jp

Mitsubishi Motors is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: automobile business and automobile financing business. The company derives the vast majority of company revenue from the automotive business. Geographically, the company is separated into five regions: Japan, North America, Europe, Asia (excluding Japan), and other. With more than half of its products manufactures in Japan where it also generates the majority of its consolidated revenue, followed by Asia, and North America.

Mitsubishi Motors (TSE:7211) Headlines

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