Taiheiyo Kouhatsu (TSE:8835) Price-to-Tangible-Book : 0.39 (As of Jun. 09, 2024)

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What is Taiheiyo Kouhatsu Price-to-Tangible-Book?

As of today (2024-06-09), Taiheiyo Kouhatsu's share price is 円783.00. Taiheiyo Kouhatsu's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円1,993.89. Hence, Taiheiyo Kouhatsu's Price to Tangible Book Ratio of today is 0.39.

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

TSE:8835' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33 Med: 0.42 Max: 0.58
Current: 0.39

During the past 13 years, Taiheiyo Kouhatsu's highest Price to Tangible Book Ratio was 0.58. The lowest was 0.33. And the median was 0.42.

TSE:8835's Price-to-Tangible-Book is ranked better than
86.22% of 479 companies
in the Conglomerates industry
Industry Median: 1.13 vs TSE:8835: 0.39

A closely related ratio is called PB Ratio. As of today, Taiheiyo Kouhatsu's share price is 円783.00. Taiheiyo Kouhatsu's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円2,003.53. Hence, Taiheiyo Kouhatsu's P/B Ratio of today is 0.39.

Taiheiyo Kouhatsu Price-to-Tangible-Book Historical Data

The historical data trend for Taiheiyo Kouhatsu'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.

Taiheiyo Kouhatsu Price-to-Tangible-Book Chart

Taiheiyo Kouhatsu Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.40

0.35

0.41

0.34

0.41

Taiheiyo Kouhatsu 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															0.39	0.41	0.39	0.41	0.40

Competitive Comparison of Taiheiyo Kouhatsu's Price-to-Tangible-Book

For the Conglomerates subindustry, Taiheiyo Kouhatsu'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.

Taiheiyo Kouhatsu's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Taiheiyo Kouhatsu's Price-to-Tangible-Book distribution charts can be found below:

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

Taiheiyo Kouhatsu Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	783.00	/	1993.886
	=	0.39

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.

Taiheiyo Kouhatsu Price-to-Tangible-Book Related Terms

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

Taiheiyo Kouhatsu (TSE:8835) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Taiheiyo Kouhatsu Inc (TSE:8835) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Matai Building, 2-6-7, Motoasakusa, Taito-ku, Tokyo, JPN, 111-0041

Website

http://www.taiheiyo.net

Taiheiyo Kouhatsu Inc operates in the real estate and energy businesses in Japan. Taiheiyo Kouhatsu as a real estate developer takes comprehensive care of planning, site selection, design and surveillance, and sales of condominiums, residential land and detached houses. The energy business is involved in the sell of fuel oil and lubricating oil mainly for general industry and ships. It also sells gasoline, light oil and kerosene to franchised stores handling oil. In addition, it is engaged in the provision of nursing home services for seniors.

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