Roland (TSE:7944) PB Ratio : 2.94 (As of May. 12, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Roland 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), Roland's share price is 円4345.00. Roland's Book Value per Share for the quarter that ended in Mar. 2024 was 円1,480.09. Hence, Roland's PB Ratio of today is 2.94.

Good Sign:

Roland Corp stock PB Ratio (=2.94) is close to 3-year low of 2.69

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

TSE:7944' s PB Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.93 Max: 7.45
Current: 2.94

During the past 11 years, Roland's highest PB Ratio was 7.45. The lowest was 0.47. And the median was 0.93.

TSE:7944's PB Ratio is ranked worse than
68.38% of 759 companies
in the Travel & Leisure industry
Industry Median: 1.78 vs TSE:7944: 2.94

During the past 12 months, Roland's average Book Value Per Share Growth Rate was 22.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 22.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -9.70% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Roland was 22.30% per year. The lowest was -26.90% per year. And the median was -6.90% per year.

Back to Basics: PB Ratio

Roland PB Ratio Historical Data

The historical data trend for Roland'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.

Roland PB Ratio Chart

Roland Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Dec19

Dec20

Dec21

Dec22

PB Ratio

Get a 7-Day Free Trial

0.73

2.77

4.28

3.80

2.83

Roland Quarterly Data
	Mar14	Jun14	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															3.28	3.04	2.93	3.03	3.11

Competitive Comparison of Roland's PB Ratio

For the Leisure subindustry, Roland'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.

Roland's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Roland's PB Ratio distribution charts can be found below:

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

Roland 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.

Roland's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	4345.00	/	1480.092
	=	2.94

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.

Roland (TSE:7944) 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.

Roland PB Ratio Related Terms

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

Roland (TSE:7944) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Roland Corp (TSE:7944) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

2036-1 Nakagawa Hosoe-cho, Hamamatsu-shi, Shizuoka, JPN, 431-1304

Website

http://www.roland.co.jp

Roland Corporation is a leisure based goods and services provider in Japan. Its business comprises of the manufacture and sale of electronic musical instruments such as pianos, organs, keyboards, guitar, amplifiers and accessories essential for music creation. The musical instrument production falls under the electronic musical instruments segment, which secures the maximum revenue share for the company. Its other segment is the computer peripherals business. The Computer Peripheral Equipment segment is involved in the development, manufacture, and sale of printers, plotters, and other work machines. Roland Corporation distributes its products predominantly in North America and in Europe and Japan.

Roland (TSE:7944) Headlines

No Headlines