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CEDAR Co (TSE:2435) Price-to-Tangible-Book : 2.13 (As of May. 21, 2024)


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What is CEDAR Co Price-to-Tangible-Book?

As of today (2024-05-21), CEDAR Co's share price is 円219.00. CEDAR Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円102.75. Hence, CEDAR Co's Price to Tangible Book Ratio of today is 2.13.

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

TSE:2435' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.61   Med: 2.49   Max: 4.17
Current: 2.13

During the past 13 years, CEDAR Co's highest Price to Tangible Book Ratio was 4.17. The lowest was 1.61. And the median was 2.49.

TSE:2435's Price-to-Tangible-Book is ranked better than
66.32% of 481 companies
in the Healthcare Providers & Services industry
Industry Median: 3.24 vs TSE:2435: 2.13

A closely related ratio is called PB Ratio. As of today, CEDAR Co's share price is 円219.00. CEDAR Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円110.77. Hence, CEDAR Co's P/B Ratio of today is 1.98.


CEDAR Co Price-to-Tangible-Book Historical Data

The historical data trend for CEDAR 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.

CEDAR Co Price-to-Tangible-Book Chart

CEDAR Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 1.61 2.52 1.95 2.45

CEDAR 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 1.91 2.45 3.32 2.99 2.47

Competitive Comparison of CEDAR Co's Price-to-Tangible-Book

For the Medical Care Facilities subindustry, CEDAR 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.


CEDAR Co's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CEDAR Co's Price-to-Tangible-Book distribution charts can be found below:

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



CEDAR Co Price-to-Tangible-Book Calculation

CEDAR 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 )
=219.00/102.745
=2.13

* 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.


CEDAR Co Price-to-Tangible-Book Related Terms

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


CEDAR Co (TSE:2435) Business Description

Traded in Other Exchanges
N/A
Address
1-7-19 Ohata, Fukuoka Prefecture, Kitakyushu, JPN, 802-0026
CEDAR.Co., Ltd is engaged in providing long term care facilities in Japan. The services offered by the company include paid nursing home, visiting nursing station, helper station, and care plan center.

CEDAR Co (TSE:2435) Headlines

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