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Nippon Electric Glass Co (TSE:5214) Price-to-Tangible-Book : 0.66 (As of May. 13, 2024)


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What is Nippon Electric Glass Co Price-to-Tangible-Book?

As of today (2024-05-13), Nippon Electric Glass Co's share price is 円3583.00. Nippon Electric Glass Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円5,407.47. Hence, Nippon Electric Glass Co's Price to Tangible Book Ratio of today is 0.66.

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

TSE:5214' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42   Med: 0.55   Max: 0.85
Current: 0.66

During the past 13 years, Nippon Electric Glass Co's highest Price to Tangible Book Ratio was 0.85. The lowest was 0.42. And the median was 0.55.

TSE:5214's Price-to-Tangible-Book is ranked better than
89.88% of 2303 companies
in the Hardware industry
Industry Median: 2.05 vs TSE:5214: 0.66

A closely related ratio is called PB Ratio. As of today, Nippon Electric Glass Co's share price is 円3583.00. Nippon Electric Glass Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円5,463.51. Hence, Nippon Electric Glass Co's P/B Ratio of today is 0.66.


Nippon Electric Glass Co Price-to-Tangible-Book Historical Data

The historical data trend for Nippon Electric Glass 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.

Nippon Electric Glass Co Price-to-Tangible-Book Chart

Nippon Electric Glass Co Annual Data
Trend Mar14 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 0.51 0.47 0.56 0.42 0.56

Nippon Electric Glass 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 0.46 0.46 0.51 0.56 -

Competitive Comparison of Nippon Electric Glass Co's Price-to-Tangible-Book

For the Electronic Components subindustry, Nippon Electric Glass 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.


Nippon Electric Glass Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nippon Electric Glass Co's Price-to-Tangible-Book distribution charts can be found below:

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



Nippon Electric Glass Co Price-to-Tangible-Book Calculation

Nippon Electric Glass 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 )
=3583.00/5407.466
=0.66

* 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.


Nippon Electric Glass Co Price-to-Tangible-Book Related Terms

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


Nippon Electric Glass Co (TSE:5214) Business Description

Traded in Other Exchanges
Address
7-1, Seiran 2-chome, Shiga, Otsu, JPN, 520-8639
Nippon Electric Glass Co., Ltd. is in the business of production and sale of glass products and glassmaking machinery. Its business is divided into two categories Electronics and Information Technology and Performance Materials and Others. The company produces glass for flat panel displays, optical devices, chemical strengthening, electronic devices, solar cells, fiber and building materials. The company generates most of the sales from electronics and information technology category.

Nippon Electric Glass Co (TSE:5214) Headlines

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