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Tsutsumi Jewelry Co (Tsutsumi Jewelry Co) PB Ratio : 0.42 (As of May. 12, 2024)


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What is Tsutsumi Jewelry 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 (2024-05-12), Tsutsumi Jewelry Co's share price is $12.50. Tsutsumi Jewelry Co's Book Value per Share for the quarter that ended in Dec. 2023 was $29.59. Hence, Tsutsumi Jewelry Co's PB Ratio of today is 0.42.

Good Sign:

Tsutsumi Jewelry Co Ltd stock PB Ratio (=0.5) is close to 1-year low of 0.48

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

TSSJF' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.52   Max: 0.76
Current: 0.5

During the past 13 years, Tsutsumi Jewelry Co's highest PB Ratio was 0.76. The lowest was 0.37. And the median was 0.52.

TSSJF's PB Ratio is ranked better than
86.59% of 1059 companies
in the Retail - Cyclical industry
Industry Median: 1.5 vs TSSJF: 0.50

During the past 12 months, Tsutsumi Jewelry Co's average Book Value Per Share Growth Rate was 0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tsutsumi Jewelry Co was 2.90% per year. The lowest was 0.40% per year. And the median was 1.55% per year.

Back to Basics: PB Ratio


Tsutsumi Jewelry Co PB Ratio Historical Data

The historical data trend for Tsutsumi Jewelry 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.

Tsutsumi Jewelry Co PB Ratio Chart

Tsutsumi Jewelry Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.53 0.44 0.44 0.50

Tsutsumi Jewelry Co 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 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 0.50 0.50 0.53 0.55 0.53

Competitive Comparison of Tsutsumi Jewelry Co's PB Ratio

For the Luxury Goods subindustry, Tsutsumi Jewelry 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.


Tsutsumi Jewelry Co's PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tsutsumi Jewelry Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tsutsumi Jewelry Co's PB Ratio falls into.



Tsutsumi Jewelry 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.

Tsutsumi Jewelry Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=12.50/29.588
=0.42

* 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.


Tsutsumi Jewelry Co  (OTCPK:TSSJF) 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.


Tsutsumi Jewelry Co PB Ratio Related Terms

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


Tsutsumi Jewelry Co (Tsutsumi Jewelry Co) Business Description

Traded in Other Exchanges
Address
4-24-26, Chuo Saitama-ken, Saitama-ken, Warabi-shi, JPN, 335-0004
Tsutsumi Jewelry Co Ltd is a Japan-based jewelry company engages in the manufacture, wholesale and retail of jewelry, precious stones, and accessories. Its products include rings, necklaces, bracelets, anklets, pendants, brooches, straps, and accessories. It imports gems; manufactures jewelry; and operates jewelry specialty store under the name Jewelry Tsutsumi.

Tsutsumi Jewelry Co (Tsutsumi Jewelry Co) Headlines

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