Bando Chemical Industries (TSE:5195) Price-to-Tangible-Book : 1.00 (As of May. 25, 2024)

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What is Bando Chemical Industries Price-to-Tangible-Book?

As of today (2024-05-25), Bando Chemical Industries's share price is 円1806.00. Bando Chemical Industries's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円1,803.74. Hence, Bando Chemical Industries's Price to Tangible Book Ratio of today is 1.00.

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

TSE:5195' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.57 Med: 0.76 Max: 1.05
Current: 1

During the past 13 years, Bando Chemical Industries's highest Price to Tangible Book Ratio was 1.05. The lowest was 0.57. And the median was 0.76.

TSE:5195's Price-to-Tangible-Book is ranked better than
80.55% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs TSE:5195: 1.00

A closely related ratio is called PB Ratio. As of today, Bando Chemical Industries's share price is 円1806.00. Bando Chemical Industries's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円1,985.01. Hence, Bando Chemical Industries's P/B Ratio of today is 0.91.

Bando Chemical Industries Price-to-Tangible-Book Historical Data

The historical data trend for Bando Chemical Industries'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.

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Bando Chemical Industries Price-to-Tangible-Book Chart

Bando Chemical Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.57

0.59

0.62

0.66

1.05

Bando Chemical Industries 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															0.66	0.87	0.95	0.91	1.05

Competitive Comparison of Bando Chemical Industries's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Bando Chemical Industries'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.

Bando Chemical Industries's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bando Chemical Industries's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Bando Chemical Industries's Price-to-Tangible-Book falls into.

Bando Chemical Industries Price-to-Tangible-Book Calculation

Bando Chemical Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1806.00	/	1803.739
	=	1.00

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.

Bando Chemical Industries Price-to-Tangible-Book Related Terms

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

Bando Chemical Industries (TSE:5195) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bando Chemical Industries Ltd (TSE:5195) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-6, Minatojima Minamimachi 4-chome, Chuo-ku, Kobe, JPN, 650-0047

Website

http://www.bando.co.jp

Bando Chemical Industries Ltd manufactures and sells rubber and plastic products such as power transmission belts and systems, belts used in precision equipment, and multimedia parts made form urethane and resins. It operates its business under Belt, Advanced Elastomer Products, and Other segments. Belt segment manufactures and sells transmission belts for automobiles and general industry use, conveyor belts, resin conveyor belts, synchronous conveyor belts, transportation system products, hulling roll and railway track product, among others. Elastomer segment manufactures and sells polyurethane functional components, precision abrasives, films for building materials, medical films and industrial films, among others. Bando earns the majority of its revenue from Belt business.

Bando Chemical Industries (TSE:5195) Headlines

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