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Nippon Grande Co (SSE:2976) Price-to-Tangible-Book : 0.52 (As of May. 27, 2024)


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What is Nippon Grande Co Price-to-Tangible-Book?

As of today (2024-05-27), Nippon Grande Co's share price is 円750.00. Nippon Grande Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円1,447.35. Hence, Nippon Grande Co's Price to Tangible Book Ratio of today is 0.52.

The historical rank and industry rank for Nippon Grande Co's Price-to-Tangible-Book or its related term are showing as below:

SSE:2976' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.52   Med: 0.52   Max: 0.52
Current: 0.52

During the past 7 years, Nippon Grande Co's highest Price to Tangible Book Ratio was 0.52. The lowest was 0.52. And the median was 0.52.

SSE:2976's Price-to-Tangible-Book is ranked better than
70.33% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs SSE:2976: 0.52

A closely related ratio is called PB Ratio. As of today, Nippon Grande Co's share price is 円750.00. Nippon Grande Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円1,452.88. Hence, Nippon Grande Co's P/B Ratio of today is 0.52.


Nippon Grande Co Price-to-Tangible-Book Historical Data

The historical data trend for Nippon Grande Co'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.

Nippon Grande Co Price-to-Tangible-Book Chart

Nippon Grande Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
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Nippon Grande Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 0.52

Competitive Comparison of Nippon Grande Co's Price-to-Tangible-Book

For the Real Estate Services subindustry, Nippon Grande Co'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.


Nippon Grande Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nippon Grande Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nippon Grande Co's Price-to-Tangible-Book falls into.



Nippon Grande Co Price-to-Tangible-Book Calculation

Nippon Grande Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=750.00/1447.346
=0.52

* 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.


Nippon Grande Co Price-to-Tangible-Book Related Terms

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


Nippon Grande Co (SSE:2976) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
5-chome, Odori Nishi 1-chome, Chuo-ku, Sapporo City, JPN
Nippon Grande Co Ltd is a Japanese based company engaged in providing real estate based services. It offers real estate sales, real estate leasing and other services.

Nippon Grande Co (SSE:2976) Headlines

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