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Mitsubishi Logistics (TSE:9301) Price-to-Tangible-Book : 1.08 (As of May. 12, 2024)


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What is Mitsubishi Logistics Price-to-Tangible-Book?

As of today (2024-05-12), Mitsubishi Logistics's share price is 円5197.00. Mitsubishi Logistics's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円4,834.15. Hence, Mitsubishi Logistics's Price to Tangible Book Ratio of today is 1.08.

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

TSE:9301' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7   Med: 0.93   Max: 1.35
Current: 1.08

During the past 13 years, Mitsubishi Logistics's highest Price to Tangible Book Ratio was 1.35. The lowest was 0.70. And the median was 0.93.

TSE:9301's Price-to-Tangible-Book is ranked better than
63.81% of 876 companies
in the Transportation industry
Industry Median: 1.455 vs TSE:9301: 1.08

A closely related ratio is called PB Ratio. As of today, Mitsubishi Logistics's share price is 円5197.00. Mitsubishi Logistics's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円5,348.68. Hence, Mitsubishi Logistics's P/B Ratio of today is 0.97.


Mitsubishi Logistics Price-to-Tangible-Book Historical Data

The historical data trend for Mitsubishi Logistics'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.

Mitsubishi Logistics Price-to-Tangible-Book Chart

Mitsubishi Logistics 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 0.70 0.90 0.75 0.72 1.03

Mitsubishi Logistics 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 0.72 0.77 0.84 0.94 1.03

Competitive Comparison of Mitsubishi Logistics's Price-to-Tangible-Book

For the Integrated Freight & Logistics subindustry, Mitsubishi Logistics'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.


Mitsubishi Logistics's Price-to-Tangible-Book Distribution in the Transportation Industry

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

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



Mitsubishi Logistics Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=5197.00/4834.147
=1.08

* 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.


Mitsubishi Logistics Price-to-Tangible-Book Related Terms

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


Mitsubishi Logistics (TSE:9301) Business Description

Traded in Other Exchanges
Address
19-1, Nihonbashi, Nihonbashi Dia Building, 1-chome Chuo-ku, Tokyo, JPN, 103-8630
Mitsubishi Logistics Corp is a logistics and real estate investment company, domiciled in Japan. The company organizes itself into two segments: logistics and real estate. Logistics, which contributes the majority of revenue, includes warehousing; air, ocean, and rail transportation; port-terminal operations; and international freight forwarding. The real estate segment buys, sells, and lease office buildings and other commercial real estates. Mitsubishi Logistics derives the vast majority of revenue domestically.

Mitsubishi Logistics (TSE:9301) Headlines

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