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Daido Metal Co (TSE:7245) Price-to-Tangible-Book : 0.47 (As of Jun. 05, 2024)


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What is Daido Metal Co Price-to-Tangible-Book?

As of today (2024-06-05), Daido Metal Co's share price is 円591.00. Daido Metal Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円1,260.91. Hence, Daido Metal Co's Price to Tangible Book Ratio of today is 0.47.

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

TSE:7245' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.47   Med: 0.69   Max: 1.42
Current: 0.47

During the past 13 years, Daido Metal Co's highest Price to Tangible Book Ratio was 1.42. The lowest was 0.47. And the median was 0.69.

TSE:7245's Price-to-Tangible-Book is ranked better than
88.61% of 1203 companies
in the Vehicles & Parts industry
Industry Median: 1.62 vs TSE:7245: 0.47

A closely related ratio is called PB Ratio. As of today, Daido Metal Co's share price is 円591.00. Daido Metal Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円1,459.99. Hence, Daido Metal Co's P/B Ratio of today is 0.40.


Daido Metal Co Price-to-Tangible-Book Historical Data

The historical data trend for Daido Metal 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.

Daido Metal Co Price-to-Tangible-Book Chart

Daido Metal Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.62 0.55 0.48 0.54

Daido Metal Co 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 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 0.48 0.44 0.49 0.47 0.54

Competitive Comparison of Daido Metal Co's Price-to-Tangible-Book

For the Auto Parts subindustry, Daido Metal 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.


Daido Metal Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

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

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



Daido Metal Co Price-to-Tangible-Book Calculation

Daido Metal Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=591.00/1260.905
=0.47

* 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.


Daido Metal Co Price-to-Tangible-Book Related Terms

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


Daido Metal Co (TSE:7245) Business Description

Traded in Other Exchanges
N/A
Address
17th Floor, Tennozu Central Tower 2-2-24, Higashi Shinagawa, Shinagawa-Ku, Tokyo, JPN, 140-0002
Daido Metal Co Ltd manufactures and sells a variety of bearings including automobile engine bearings and large ship engine bearings. The company has a production and sales network in the five-hub system of Japan, North America, Europe, Asia, and China. It manufactures bearings for trucks, construction and agricultural machinery, and bearings for automobile parts such as turbochargers and shock absorbers. Its products portfolio includes metal-polymer bearings, metallic bearings, engine bearing, turbomachinery bearing systems, modular products, pump, centralized lubrication, capacitors and semi-dry processing which are used in including automotive, marine, construction machinery, agricultural machines, industrial, energy, infrastructure and transportation, leisure, and household appliances.

Daido Metal Co (TSE:7245) Headlines

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