Hitachi Zosen (TSE:7004) PB Ratio : 1.44 (As of May. 08, 2024)

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What is Hitachi Zosen 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 (2024-05-08), Hitachi Zosen's share price is 円1222.00. Hitachi Zosen's Book Value per Share for the quarter that ended in Dec. 2023 was 円847.74. Hence, Hitachi Zosen's PB Ratio of today is 1.44.

Warning Sign:

Hitachi Zosen Corp stock PB Ratio (=1.44) is close to 10-year high of 1.56

The historical rank and industry rank for Hitachi Zosen's PB Ratio or its related term are showing as below:

TSE:7004' s PB Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.96 Max: 1.56
Current: 1.45

During the past 13 years, Hitachi Zosen's highest PB Ratio was 1.56. The lowest was 0.47. And the median was 0.96.

TSE:7004's PB Ratio is ranked better than
65.05% of 2924 companies
in the Industrial Products industry
Industry Median: 1.92 vs TSE:7004: 1.45

During the past 12 months, Hitachi Zosen's average Book Value Per Share Growth Rate was 11.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hitachi Zosen was 27.60% per year. The lowest was -16.50% per year. And the median was 2.65% per year.

Back to Basics: PB Ratio

Hitachi Zosen PB Ratio Historical Data

The historical data trend for Hitachi Zosen'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.

Hitachi Zosen PB Ratio Chart

Hitachi Zosen Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.48

0.50

1.19

0.96

1.05

Hitachi Zosen Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.09	1.05	1.19	1.03	1.11

Competitive Comparison of Hitachi Zosen's PB Ratio

For the Pollution & Treatment Controls subindustry, Hitachi Zosen'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.

Hitachi Zosen's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hitachi Zosen's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hitachi Zosen's PB Ratio falls into.

Hitachi Zosen 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.

Hitachi Zosen's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1222.00	/	847.742
	=	1.44

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.

Hitachi Zosen (TSE:7004) 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.

Hitachi Zosen PB Ratio Related Terms

Thank you for viewing the detailed overview of Hitachi Zosen's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Hitachi Zosen (TSE:7004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hitachi Zosen Corp (TSE:7004) » Definitions » PB Ratio

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HZS:Germany

Address

7-89, Nanko-kita 1-chome, Suminoe-ku, Osaka, JPN, 559-8559

Website

http://www.hitachizosen.co.jp

Hitachi Zosen Corp is a Japan-based industrial and engineering company. It engaged in the business domains of Green Energy, Social Infrastructure, and disaster prevention. The Company operations are classified into four reportable segments. Environmental Systems and Industrial Plants Segment include the production of environmental protection systems, water treatment systems, desalination and potabilization plants and chemical plants. Machinery segment includes the production of marine diesel engines, boilers, SCR systems, process equipment amongst others. Infrastructure segment includes bridge construction, water gates, and shield tunneling machines. Operations in the other businesses segment include the transportation business and warehousing business.

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