East Japan Railway Co (East Japan Railway Co) PB Ratio

: 1.13 (As of Today)

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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 (2024-04-19), East Japan Railway Co's share price is $9.215. East Japan Railway Co's Book Value per Share for the quarter that ended in Dec. 2023 was $8.14. Hence, East Japan Railway Co's PB Ratio of today is 1.13.

Good Sign:

East Japan Railway Co stock PB Ratio (=1.24) is close to 1-year low of 1.12

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

EJPRY' s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.32 Max: 2.07
Current: 1.22

During the past 13 years, East Japan Railway Co's highest PB Ratio was 2.07. The lowest was 0.72. And the median was 1.32.

EJPRY's PB Ratio is ranked better than
53.54% of 932 companies
in the Transportation industry
Industry Median: 1.31 vs EJPRY: 1.22

During the past 12 months, East Japan Railway Co's average Book Value Per Share Growth Rate was 8.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of East Japan Railway Co was 11.40% per year. The lowest was -7.70% per year. And the median was 6.70% per year.

Back to Basics: PB Ratio

East Japan Railway Co PB Ratio Historical Data

The historical data trend for East Japan Railway 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.

East Japan Railway Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

1.33

0.98

1.15

1.08

1.13

East Japan Railway 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																1.18	1.13	1.17	1.22	1.18

Competitive Comparison

For the Railroads subindustry, East Japan Railway 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.

East Japan Railway Co PB Ratio Distribution

For the Transportation industry and Industrials sector, East Japan Railway Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where East Japan Railway Co's PB Ratio falls into.

East Japan Railway 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.

East Japan Railway Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	9.215	/	8.135
	=	1.13

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.

East Japan Railway Co (OTCPK:EJPRY) 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.

East Japan Railway Co PB Ratio Related Terms

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East Japan Railway Co (East Japan Railway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » East Japan Railway Co (OTCPK:EJPRY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

9020:Japan EJR0:Germany EJR:Germany EJR:Germany

Address

2-2, Yoyogi 2-chome, Shibuya-ku, Tokyo, JPN, 151-8578

Website

http://www.jreast.co.jp

East Japan Railway Company, or JR East, is the largest railway operator in Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987, though it wasn't fully privatized until 2002. It runs both long distance bullet trains, known as Shinkansen, and shorter municipal train routes around and from Tokyo. Its 7,400 kilometers of rail track covers half of Japan's population and a third of the country's land area. Two thirds of revenue is from transportation, with most of the rest from retail operations and real estate investments.