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Japan Metropolitan Fund Investment (Japan Metropolitan Fund Investment) Tangible Book per Share : $598.10 (As of Aug. 2023)


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What is Japan Metropolitan Fund Investment Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Japan Metropolitan Fund Investment's tangible book value per share for the quarter that ended in Aug. 2023 was $598.10.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Japan Metropolitan Fund Investment Tangible Book per Share Historical Data

The historical data trend for Japan Metropolitan Fund Investment's Tangible Book per Share 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.

Japan Metropolitan Fund Investment Tangible Book per Share Chart

Japan Metropolitan Fund Investment Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 736.34 771.14 781.09 786.68 639.38

Japan Metropolitan Fund Investment Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Tangible Book per Share 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 749.90 639.38 651.09 598.10 -

Competitive Comparison of Japan Metropolitan Fund Investment's Tangible Book per Share

For the REIT - Retail subindustry, Japan Metropolitan Fund Investment'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.


Japan Metropolitan Fund Investment's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Metropolitan Fund Investment's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Japan Metropolitan Fund Investment's Price-to-Tangible-Book falls into.



Japan Metropolitan Fund Investment Tangible Book per Share Calculation

Japan Metropolitan Fund Investment's Tangible Book Value Per Share for the fiscal year that ended in Aug. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(4618.275-0-149.579)/6.98909
=639.38

Japan Metropolitan Fund Investment's Tangible Book Value Per Share for the quarter that ended in Aug. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(4317.417-0-137.237)/6.98909
=598.10

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Japan Metropolitan Fund Investment  (OTCPK:JRFIF) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Japan Metropolitan Fund Investment Tangible Book per Share Related Terms

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Japan Metropolitan Fund Investment (Japan Metropolitan Fund Investment) Business Description

Traded in Other Exchanges
Address
Marunouchi 2-chome, Tokyo Building 7-3, Chiyoda-ku, Tokyo, JPN, 100-6420
Japan Metropolitan Fund Investment Corp is a Japanese real estate investment trust that specialises in retail properties. The company principally generates revenue from leasing properties to tenants, which include supermarkets, clothing and accessory stores, cosmetic shops, general merchandise stores, and entertainment venues. The company's properties are located domestically in urban and suburban areas, with approximately half in the Greater Tokyo metropolitan area and the remaining in Osaka, Nagoya and surrounding areas, and other major cities.

Japan Metropolitan Fund Investment (Japan Metropolitan Fund Investment) Headlines