East Japan Railway Co (East Japan Railway Co) Price-to-Tangible-Book : 1.21 (As of Apr. 27, 2024)

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What is East Japan Railway Co Price-to-Tangible-Book?

As of today (2024-04-27), East Japan Railway Co's share price is $9.12. East Japan Railway Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.53. Hence, East Japan Railway Co's Price to Tangible Book Ratio of today is 1.21.

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

EJPRY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9 Med: 1.36 Max: 1.95
Current: 1.32

During the past 13 years, East Japan Railway Co's highest Price to Tangible Book Ratio was 1.95. The lowest was 0.90. And the median was 1.36.

EJPRY's Price-to-Tangible-Book is ranked better than
53.35% of 881 companies
in the Transportation industry
Industry Median: 1.4 vs EJPRY: 1.32

A closely related ratio is called PB Ratio. As of today, East Japan Railway Co's share price is $9.12. East Japan Railway Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.14. Hence, East Japan Railway Co's P/B Ratio of today is 1.12.

East Japan Railway Co Price-to-Tangible-Book Historical Data

The historical data trend for East Japan 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.

East Japan Railway Co Price-to-Tangible-Book Chart

East Japan Railway Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.38

1.02

1.23

1.16

1.22

East Japan Railway Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.27	1.22	1.26	1.32	1.27

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

For the Railroads subindustry, East Japan 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.

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

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

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

East Japan Railway Co Price-to-Tangible-Book Calculation

East Japan 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 )
	=	9.12	/	7.526
	=	1.21

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.

East Japan Railway Co Price-to-Tangible-Book Related Terms

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

East Japan Railway Co (East Japan Railway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » East Japan Railway Co (OTCPK:EJPRY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

9020:Japan EJR0:Germany EJR:Germany EJR:Germany

Address

2-2, Yoyogi 2-chome, Shibuya-ku, Tokyo, JPN, 151-8578

Website

http://www.jreast.co.jp

East Japan Railway Company, or JR East, is the largest railway operator in Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987, though it wasn't fully privatized until 2002. It runs both long distance bullet trains, known as Shinkansen, and shorter municipal train routes around and from Tokyo. Its 7,400 kilometers of rail track covers half of Japan's population and a third of the country's land area. Two thirds of revenue is from transportation, with most of the rest from retail operations and real estate investments.