Life (TSE:8194) Price-to-Tangible-Book : 1.45 (As of May. 17, 2024)

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What is Life Price-to-Tangible-Book?

As of today (2024-05-17), Life's share price is 円3935.00. Life's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was 円2,714.21. Hence, Life's Price to Tangible Book Ratio of today is 1.45.

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

TSE:8194' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.09 Med: 1.59 Max: 2.55
Current: 1.41

During the past 13 years, Life's highest Price to Tangible Book Ratio was 2.55. The lowest was 1.09. And the median was 1.59.

TSE:8194's Price-to-Tangible-Book is ranked better than
63.35% of 281 companies
in the Retail - Defensive industry
Industry Median: 2.04 vs TSE:8194: 1.41

A closely related ratio is called PB Ratio. As of today, Life's share price is 円3935.00. Life's Book Value per Sharefor the quarter that ended in Nov. 2023 was 円2,803.67. Hence, Life's P/B Ratio of today is 1.40.

Life Price-to-Tangible-Book Historical Data

The historical data trend for Life'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.

Life Price-to-Tangible-Book Chart

Life Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.41

1.57

1.33

1.09

1.38

Life Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.09	1.10	1.37	1.25	1.38

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

For the Grocery Stores subindustry, Life'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.

Life's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Life's Price-to-Tangible-Book distribution charts can be found below:

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

Life Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	3935.00	/	2714.206
	=	1.45

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.

Life Price-to-Tangible-Book Related Terms

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

Life (TSE:8194) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Life Corp (TSE:8194) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-16 Taito, Taito- ku, Tokyo, JPN, 110-0016

Website

http://www.lifecorp.jp

Life Corp is a Japanese supermarket chain operator. The company is domiciled in Japan and generates the majority of revenue domestically. Life Corporation operates stores in Osaka, Tokyo, Hyogo, Kyoto, Nara, Saitama, Chiba, and Kanagawa, and derives the majority of revenue from stores located in Osaka and Tokyo. The company's supermarkets focus on the retail of seafood products, bakery products, food products, fresh fruit and vegetables, meat products, clothing, toilet paper, and craft products. The supermarkets carry a private-label brand of packaged foods.

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