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Mirarth Holdings (TSE:8897) Price-to-Tangible-Book : 1.09 (As of Jun. 09, 2024)


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What is Mirarth Holdings Price-to-Tangible-Book?

As of today (2024-06-09), Mirarth Holdings's share price is 円485.00. Mirarth Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円443.62. Hence, Mirarth Holdings's Price to Tangible Book Ratio of today is 1.09.

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

TSE:8897' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.57   Med: 0.9   Max: 2.43
Current: 0.92

During the past 13 years, Mirarth Holdings's highest Price to Tangible Book Ratio was 2.43. The lowest was 0.57. And the median was 0.90.

TSE:8897's Price-to-Tangible-Book is ranked worse than
55.06% of 1709 companies
in the Real Estate industry
Industry Median: 0.81 vs TSE:8897: 0.92

A closely related ratio is called PB Ratio. As of today, Mirarth Holdings's share price is 円485.00. Mirarth Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円517.83. Hence, Mirarth Holdings's P/B Ratio of today is 0.94.


Mirarth Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Mirarth Holdings'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.

Mirarth Holdings Price-to-Tangible-Book Chart

Mirarth Holdings 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 0.77 0.77 0.57 0.78 0.98

Mirarth Holdings 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 0.78 0.97 1.01 1.05 0.98

Competitive Comparison of Mirarth Holdings's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Mirarth Holdings'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.


Mirarth Holdings's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mirarth Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



Mirarth Holdings Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=485.00/443.624
=1.09

* 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.


Mirarth Holdings Price-to-Tangible-Book Related Terms

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


Mirarth Holdings (TSE:8897) Business Description

Traded in Other Exchanges
Address
1-8-2, Marunouchi, Tekko Building 16th Floor, Chiyoda-ku, Tokyo, JPN, 100-0005
Mirarth Holdings Inc operates in Real Estate Business, Energy Business, Asset Management Business, and Other Businesses.

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