Shizuoka Gas Co (TSE:9543) PB Ratio : 0.63 (As of May. 13, 2024)

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What is Shizuoka Gas 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 (2024-05-13), Shizuoka Gas Co's share price is 円935.00. Shizuoka Gas Co's Book Value per Share for the quarter that ended in Mar. 2024 was 円1,484.17. Hence, Shizuoka Gas Co's PB Ratio of today is 0.63.

Good Sign:

Shizuoka Gas Co Ltd stock PB Ratio (=0.63) is close to 10-year low of 0.62

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

TSE:9543' s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 0.86 Max: 1.14
Current: 0.63

During the past 13 years, Shizuoka Gas Co's highest PB Ratio was 1.14. The lowest was 0.62. And the median was 0.86.

TSE:9543's PB Ratio is ranked better than
82.46% of 513 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs TSE:9543: 0.63

During the past 12 months, Shizuoka Gas Co's average Book Value Per Share Growth Rate was 8.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shizuoka Gas Co was 10.40% per year. The lowest was -3.30% per year. And the median was 6.20% per year.

Back to Basics: PB Ratio

Shizuoka Gas Co PB Ratio Historical Data

The historical data trend for Shizuoka Gas 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.

Shizuoka Gas Co PB Ratio Chart

Shizuoka Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.87

0.93

0.84

0.88

0.71

Shizuoka Gas 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															0.84	0.81	0.70	0.71	0.64

Competitive Comparison of Shizuoka Gas Co's PB Ratio

For the Utilities - Regulated Gas subindustry, Shizuoka Gas 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.

Shizuoka Gas Co's PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shizuoka Gas Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shizuoka Gas Co's PB Ratio falls into.

Shizuoka Gas 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.

Shizuoka Gas Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	935.00	/	1484.168
	=	0.63

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.

Shizuoka Gas Co (TSE:9543) 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.

Shizuoka Gas Co PB Ratio Related Terms

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

Shizuoka Gas Co (TSE:9543) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shizuoka Gas Co Ltd (TSE:9543) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5-38 Yawata, Suruga-ku, Shizuoka, JPN, 422-8688

Website

http://www.shizuokagas.co.jp

Shizuoka Gas Co Ltd, or Shizgas, is a Japanese electric power and gas company. Shizgas is primarily involved in the distribution of city gas through its pipeline network to Japanese municipalities between Tokyo and Nagoya along the coastline of the Pacific Ocean near Mount Fuji. The company segments its operations into gas, LPG, and other energy services, and other businesses units. Shizuoka Gas derives the vast majority of its revenue from sales of natural gas. The company's customers are mainly split between wholesale and industrial consumers in terms of sales volume. Shizuoka Gas also generates revenue from the sale of liquefied natural gas that it imports from overseas, utility facility construction, and natural gas piping installations in Japan.

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