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GNI Group (TSE:2160) Price-to-Tangible-Book : 9.38 (As of May. 12, 2024)


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What is GNI Group Price-to-Tangible-Book?

As of today (2024-05-12), GNI Group's share price is 円2417.00. GNI Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円257.66. Hence, GNI Group's Price to Tangible Book Ratio of today is 9.38.

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

TSE:2160' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.52   Med: 10.02   Max: 27.89
Current: 9.38

During the past 13 years, GNI Group's highest Price to Tangible Book Ratio was 27.89. The lowest was 5.52. And the median was 10.02.

TSE:2160's Price-to-Tangible-Book is ranked worse than
86.9% of 1221 companies
in the Biotechnology industry
Industry Median: 2.7 vs TSE:2160: 9.38

A closely related ratio is called PB Ratio. As of today, GNI Group's share price is 円2417.00. GNI Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円678.01. Hence, GNI Group's P/B Ratio of today is 3.56.


GNI Group Price-to-Tangible-Book Historical Data

The historical data trend for GNI Group'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.

GNI Group Price-to-Tangible-Book Chart

GNI Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.89 16.50 6.01 5.52 10.98

GNI Group 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 5.52 4.11 5.18 7.13 10.98

Competitive Comparison of GNI Group's Price-to-Tangible-Book

For the Biotechnology subindustry, GNI Group'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.


GNI Group's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, GNI Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where GNI Group's Price-to-Tangible-Book falls into.



GNI Group Price-to-Tangible-Book Calculation

GNI Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2417.00/257.662
=9.38

* 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.


GNI Group Price-to-Tangible-Book Related Terms

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


GNI Group (TSE:2160) Business Description

Traded in Other Exchanges
Address
Shinjuku Park Tower, 3-7-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1030
GNI Group Ltd is a clinical stage drug development company. It works on the treatment of diseases that are more common in Asia, especially Japan and China. It is engaged in the discovery, development, manufacture, and sale of drugs for the treatment of cancer and inflammatory diseases.

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