Mitsubishi Gas Chemical Co (TSE:4182) Price-to-Tangible-Book : 0.94 (As of May. 12, 2024)

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What is Mitsubishi Gas Chemical Co Price-to-Tangible-Book?

As of today (2024-05-12), Mitsubishi Gas Chemical Co's share price is 円2870.00. Mitsubishi Gas Chemical Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円3,062.78. Hence, Mitsubishi Gas Chemical Co's Price to Tangible Book Ratio of today is 0.94.

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

TSE:4182' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51 Med: 0.77 Max: 1.53
Current: 0.94

During the past 13 years, Mitsubishi Gas Chemical Co's highest Price to Tangible Book Ratio was 1.53. The lowest was 0.51. And the median was 0.77.

TSE:4182's Price-to-Tangible-Book is ranked better than
78.14% of 1487 companies
in the Chemicals industry
Industry Median: 1.86 vs TSE:4182: 0.94

A closely related ratio is called PB Ratio. As of today, Mitsubishi Gas Chemical Co's share price is 円2870.00. Mitsubishi Gas Chemical Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円3,186.41. Hence, Mitsubishi Gas Chemical Co's P/B Ratio of today is 0.90.

Mitsubishi Gas Chemical Co Price-to-Tangible-Book Historical Data

The historical data trend for Mitsubishi Gas Chemical 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.

Mitsubishi Gas Chemical Co Price-to-Tangible-Book Chart

Mitsubishi Gas Chemical Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.68

0.51

1.10

0.78

0.67

Mitsubishi Gas Chemical 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															0.63	0.67	0.71	0.66	0.74

Competitive Comparison of Mitsubishi Gas Chemical Co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Mitsubishi Gas Chemical 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.

Mitsubishi Gas Chemical Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsubishi Gas Chemical Co's Price-to-Tangible-Book distribution charts can be found below:

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

Mitsubishi Gas Chemical Co Price-to-Tangible-Book Calculation

Mitsubishi Gas Chemical 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 )
	=	2870.00	/	3062.784
	=	0.94

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Mitsubishi Gas Chemical Co Price-to-Tangible-Book Related Terms

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Mitsubishi Gas Chemical Co (TSE:4182) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mitsubishi Gas Chemical Co Inc (TSE:4182) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

MUG:Germany

Address

5-2 Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8324

Website

http://www.mgc.co.jp

Mitsubishi Gas Chemical Co Inc manufactures and sells a variety of chemicals. The company organizes itself into four primary segments based on product type. The natural gas chemicals segment, which generates the most revenue of the segments, sells methanol, ammonia, and other chemicals produced from natural gas that are used to make fertilizers, plastics, and coatings. The specialty chemicals segment sells chemicals used to produce semiconductors, liquid crystals for televisions and monitors, and resins used to make plastic products. The aromatic chemicals segment sells terephthalic acid used to produce plastic bottles. The information and advanced materials segment sells copper laminates and oxygen absorbers.

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