Tobu Railway Co (TSE:9001) Price-to-Tangible-Book : 1.22 (As of May. 14, 2024)

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What is Tobu Railway Co Price-to-Tangible-Book?

As of today (2024-05-14), Tobu Railway Co's share price is 円2941.00. Tobu Railway Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円2,410.92. Hence, Tobu Railway Co's Price to Tangible Book Ratio of today is 1.22.

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

TSE:9001' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.16 Med: 1.53 Max: 1.76
Current: 1.18

During the past 13 years, Tobu Railway Co's highest Price to Tangible Book Ratio was 1.76. The lowest was 1.16. And the median was 1.53.

TSE:9001's Price-to-Tangible-Book is ranked better than
61.05% of 878 companies
in the Transportation industry
Industry Median: 1.455 vs TSE:9001: 1.18

A closely related ratio is called PB Ratio. As of today, Tobu Railway Co's share price is 円2941.00. Tobu Railway Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円2,500.76. Hence, Tobu Railway Co's P/B Ratio of today is 1.18.

Tobu Railway Co Price-to-Tangible-Book Historical Data

The historical data trend for Tobu Railway 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.

Tobu Railway Co Price-to-Tangible-Book Chart

Tobu Railway Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.76

1.45

1.43

1.44

1.51

Tobu Railway 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															1.44	1.67	1.62	1.57	1.51

Competitive Comparison of Tobu Railway Co's Price-to-Tangible-Book

For the Railroads subindustry, Tobu Railway 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.

Tobu Railway Co's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tobu Railway Co's Price-to-Tangible-Book distribution charts can be found below:

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

Tobu Railway Co Price-to-Tangible-Book Calculation

Tobu Railway Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2941.00	/	2410.916
	=	1.22

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.

Tobu Railway Co Price-to-Tangible-Book Related Terms

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

Tobu Railway Co (TSE:9001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tobu Railway Co Ltd (TSE:9001) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2 1-2 Oshiage, Sumida-ku, Tokyo, JPN, 131-8522

Website

http://www.tobu.co.jp

Tobu Railway is a transportation and industrial company domiciled in Japan. The company organises itself into five segments: transportation, leisure, real estate, retail distribution, and others. Transportation, which contributes the most significant portion of revenue, operates passenger transportation services through rail, bus, and taxi, and freight and delivery services. Retail distribution, the next most significant segment, operates department stores and a chain of supermarkets. The leisure segment operates hotels, theme parks, golf courses, and related leisure businesses. The real estate segment leases real estate and operates bicycle and parking lot businesses.

Tobu Railway Co (TSE:9001) Headlines

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