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Tokai Tokyo Financial Holdings (FRA:TO91) Price-to-Tangible-Book : 0.79 (As of May. 25, 2024)


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What is Tokai Tokyo Financial Holdings Price-to-Tangible-Book?

As of today (2024-05-25), Tokai Tokyo Financial Holdings's share price is €3.36. Tokai Tokyo Financial Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €4.23. Hence, Tokai Tokyo Financial Holdings's Price to Tangible Book Ratio of today is 0.79.

The historical rank and industry rank for Tokai Tokyo Financial Holdings's Price-to-Tangible-Book or its related term are showing as below:

FRA:TO91' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4   Med: 0.77   Max: 1.62
Current: 0.84

During the past 13 years, Tokai Tokyo Financial Holdings's highest Price to Tangible Book Ratio was 1.62. The lowest was 0.40. And the median was 0.77.

FRA:TO91's Price-to-Tangible-Book is ranked better than
68.32% of 726 companies
in the Capital Markets industry
Industry Median: 1.36 vs FRA:TO91: 0.84

A closely related ratio is called PB Ratio. As of today, Tokai Tokyo Financial Holdings's share price is €3.36. Tokai Tokyo Financial Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was €4.42. Hence, Tokai Tokyo Financial Holdings's P/B Ratio of today is 0.76.


Tokai Tokyo Financial Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Tokai Tokyo Financial Holdings's Price-to-Tangible-Book 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.

Tokai Tokyo Financial Holdings Price-to-Tangible-Book Chart

Tokai Tokyo Financial Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.63 0.57 0.54 0.85

Tokai Tokyo Financial Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 0.54 0.56 0.71 0.78 0.85

Competitive Comparison of Tokai Tokyo Financial Holdings's Price-to-Tangible-Book

For the Capital Markets subindustry, Tokai Tokyo Financial Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Tokai Tokyo Financial Holdings's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tokai Tokyo Financial Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tokai Tokyo Financial Holdings's Price-to-Tangible-Book falls into.



Tokai Tokyo Financial Holdings Price-to-Tangible-Book Calculation

Tokai Tokyo Financial Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.36/4.229
=0.79

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Tokai Tokyo Financial Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Tokai Tokyo Financial Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Tokai Tokyo Financial Holdings (FRA:TO91) Business Description

Traded in Other Exchanges
Address
6-2, Nihonbashi 3-chome, Chuo-ku, Tokyo, JPN, 103-0027
Tokai Tokyo Financial Holdings Inc. is the holding company of the Tokai Tokyo Financial Group. It operates and manages the group's companies. Tokai Tokyo Financial Group consists primarily of companies in Japan, but a few are in overseas markets. Tokyo Securities is the operating nucleus of the group and manages financial instruments businesses, fund management, back-office services, and research. For the overall group, operations are divided into trading activities and commissions. Tokai's commissions are gained through brokerage services and underwriting and distribution.

Tokai Tokyo Financial Holdings (FRA:TO91) Headlines

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