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Canon Electronics (TSE:7739) PB Ratio : 0.80 (As of May. 12, 2024)


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What is Canon Electronics 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 (2024-05-12), Canon Electronics's share price is 円2244.00. Canon Electronics's Book Value per Share for the quarter that ended in Mar. 2024 was 円2,821.83. Hence, Canon Electronics's PB Ratio of today is 0.80.

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

TSE:7739' s PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.85   Max: 1.37
Current: 0.8

During the past 13 years, Canon Electronics's highest PB Ratio was 1.37. The lowest was 0.57. And the median was 0.85.

TSE:7739's PB Ratio is ranked better than
82.91% of 2387 companies
in the Hardware industry
Industry Median: 1.88 vs TSE:7739: 0.80

During the past 12 months, Canon Electronics's average Book Value Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Canon Electronics was 7.30% per year. The lowest was -4.40% per year. And the median was 4.95% per year.

Back to Basics: PB Ratio


Canon Electronics PB Ratio Historical Data

The historical data trend for Canon Electronics'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.

Canon Electronics PB Ratio Chart

Canon Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.64 0.65 0.58 0.74

Canon Electronics 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 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 0.70 0.74 0.69 0.74 0.86

Competitive Comparison of Canon Electronics's PB Ratio

For the Computer Hardware subindustry, Canon Electronics'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.


Canon Electronics's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Canon Electronics's PB Ratio distribution charts can be found below:

* The bar in red indicates where Canon Electronics's PB Ratio falls into.



Canon Electronics 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.

Canon Electronics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=2244.00/2821.834
=0.80

* 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.

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

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.


Canon Electronics  (TSE:7739) 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.


Canon Electronics PB Ratio Related Terms

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Canon Electronics (TSE:7739) Business Description

Traded in Other Exchanges
Address
1248 Shimokagemori, Chichibu-shi, Saitama, JPN, 369-1892
Canon Electronics Inc is a Japanese company engaged in the development, production, and sales of precision machines and instruments, electric and electronic machines and instruments; information devices; software for computers and communications devices. The company mainly manufactures various scanners such as document scanners, network scanner, and check scanner.

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