Tokyo Tatemono Co (Tokyo Tatemono Co) Price-to-Tangible-Book : 1.38 (As of May. 24, 2024)

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What is Tokyo Tatemono Co Price-to-Tangible-Book?

As of today (2024-05-24), Tokyo Tatemono Co's share price is $16.705. Tokyo Tatemono Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $12.12. Hence, Tokyo Tatemono Co's Price to Tangible Book Ratio of today is 1.38.

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

TYTMF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.94 Med: 1.33 Max: 2.41
Current: 1.44

During the past 13 years, Tokyo Tatemono Co's highest Price to Tangible Book Ratio was 2.41. The lowest was 0.94. And the median was 1.33.

TYTMF's Price-to-Tangible-Book is ranked worse than
70.91% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs TYTMF: 1.44

A closely related ratio is called PB Ratio. As of today, Tokyo Tatemono Co's share price is $16.705. Tokyo Tatemono Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was $16.28. Hence, Tokyo Tatemono Co's P/B Ratio of today is 1.03.

Tokyo Tatemono Co Price-to-Tangible-Book Historical Data

The historical data trend for Tokyo Tatemono 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.

Tokyo Tatemono Co Price-to-Tangible-Book Chart

Tokyo Tatemono Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.06

1.19

1.27

1.22

1.03

Tokyo Tatemono 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															1.16	1.05	1.11	1.03	1.03

Competitive Comparison of Tokyo Tatemono Co's Price-to-Tangible-Book

For the Real Estate Services subindustry, Tokyo Tatemono 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.

Tokyo Tatemono Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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

Tokyo Tatemono Co Price-to-Tangible-Book Calculation

Tokyo Tatemono Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	16.705	/	12.118
	=	1.38

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.

Tokyo Tatemono Co Price-to-Tangible-Book Related Terms

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

Tokyo Tatemono Co (Tokyo Tatemono Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tokyo Tatemono Co Ltd (OTCPK:TYTMF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

8804:Japan T6R:Germany

Address

9-9, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-8285

Website

http://www.tatemono.com

Tokyo Tatemono Co Ltd is operative in Japan's real estate sector through its associates. Its interest lies in residential and commercial property development and provision of real estate related solutions such as brokerage, leasing and handling real estate applications. The company relies on its two core business lines which are, residential and commercial property sales. Tokyo Tatemono's residential portfolio is comprised of the Brillia brand of properties that are offered for sale or on a rental basis. Its commercial properties are located in prime areas of cosmopolitan Japan.

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