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MEC Co (TSE:4971) Price-to-Tangible-Book : 3.34 (As of May. 24, 2024)


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

As of today (2024-05-24), MEC Co's share price is 円4495.00. MEC Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円1,345.64. Hence, MEC Co's Price to Tangible Book Ratio of today is 3.34.

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

TSE:4971' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.04   Med: 2.08   Max: 3.66
Current: 3.34

During the past 13 years, MEC Co's highest Price to Tangible Book Ratio was 3.66. The lowest was 1.04. And the median was 2.08.

TSE:4971's Price-to-Tangible-Book is ranked worse than
75.64% of 1486 companies
in the Chemicals industry
Industry Median: 1.8 vs TSE:4971: 3.34

A closely related ratio is called PB Ratio. As of today, MEC Co's share price is 円4495.00. MEC Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円1,353.66. Hence, MEC Co's P/B Ratio of today is 3.32.


MEC Co Price-to-Tangible-Book Historical Data

The historical data trend for MEC 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.

MEC Co Price-to-Tangible-Book Chart

MEC Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 2.49 3.66 1.70 3.34

MEC Co 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 2.12 2.81 2.90 3.34 3.06

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

For the Specialty Chemicals subindustry, MEC 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.


MEC Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

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

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



MEC Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=4495.00/1345.642
=3.34

* 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.


MEC Co Price-to-Tangible-Book Related Terms

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


MEC Co (TSE:4971) Business Description

Traded in Other Exchanges
N/A
Address
3-4-1, Kuise Minamishimmachi, Hyogo, Amagasaki, JPN, 660-0822
MEC Co Ltd is a Japan-based chemical manufacturer. The company mainly develops, manufactures, and sells chemicals to produce printed circuit boards. Products offered by the company include dry film pretreatment, solar mask pretreatment, microetching, metal resist stripping, among others. Its products are used in automobile, smartphone, and computer. MEC also serves customers in Continental Asia, Europe, America's, India, The Middle-East, and North-Africa.

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