Japan Lifeline Co (Japan Lifeline Co) PB Ratio : 2.30 (As of May. 07, 2024)

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What is Japan Lifeline Co PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-07), Japan Lifeline Co's share price is $11.88. Japan Lifeline Co's Book Value per Share for the quarter that ended in Dec. 2023 was $5.17. Hence, Japan Lifeline Co's PB Ratio of today is 2.30.

The historical rank and industry rank for Japan Lifeline Co's PB Ratio or its related term are showing as below:

JLFNF' s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 2 Max: 10.54
Current: 1.61

During the past 13 years, Japan Lifeline Co's highest PB Ratio was 10.54. The lowest was 0.38. And the median was 2.00.

JLFNF's PB Ratio is ranked better than
63.38% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 2.275 vs JLFNF: 1.61

During the past 12 months, Japan Lifeline Co's average Book Value Per Share Growth Rate was 7.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Japan Lifeline Co was 42.10% per year. The lowest was -0.40% per year. And the median was 4.00% per year.

Back to Basics: PB Ratio

Japan Lifeline Co PB Ratio Historical Data

The historical data trend for Japan Lifeline Co's PB Ratio 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 Lifeline Co PB Ratio Chart

Japan Lifeline Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

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2.67

2.02

Japan Lifeline Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Japan Lifeline Co's PB Ratio

For the Medical Devices subindustry, Japan Lifeline Co's PB Ratio, along with its competitors' market caps and PB Ratio 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 Lifeline Co's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Japan Lifeline Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Japan Lifeline Co's PB Ratio falls into.

Japan Lifeline Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Japan Lifeline Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	11.88	/	5.172
	=	2.30

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Japan Lifeline Co (OTCPK:JLFNF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Japan Lifeline Co PB Ratio Related Terms

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Japan Lifeline Co (Japan Lifeline Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Japan Lifeline Co Ltd (OTCPK:JLFNF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

7575:Japan

Address

2-2-20, Higashishinagawa, Tennoz Ocean Square, 25th Floor, Shinagawa-ku, Tokyo, JPN, 140-0002

Website

http://www.jll.co.jp

Japan Lifeline Co Ltd is a medical device company operating in Japan. It is engaged in the trading and manufacturing of medical devices specialized in the cardiovascular field. The company offers medical devices mainly for the treatment of cardiac and vascular diseases. It focuses on providing implantable devices to treat arrhythmias; disposable catheter devices with electrodes for diagnosis and treatment of arrhythmias; prosthetic devices to replace blood vessels and heart valves that lost their functions; and devices for intravascular treatment of cardiac infarction, arterial occlusions of the lower extremities and congenital cardiac diseases.

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