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Nippon Yakin kogyo Co (TSE:5480) Price-to-Tangible-Book : 0.83 (As of Jun. 06, 2024)


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What is Nippon Yakin kogyo Co Price-to-Tangible-Book?

As of today (2024-06-06), Nippon Yakin kogyo Co's share price is 円4770.00. Nippon Yakin kogyo Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円5,717.36. Hence, Nippon Yakin kogyo Co's Price to Tangible Book Ratio of today is 0.83.

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

TSE:5480' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46   Med: 0.75   Max: 1.7
Current: 0.83

During the past 13 years, Nippon Yakin kogyo Co's highest Price to Tangible Book Ratio was 1.70. The lowest was 0.46. And the median was 0.75.

TSE:5480's Price-to-Tangible-Book is ranked better than
59.07% of 601 companies
in the Steel industry
Industry Median: 1.03 vs TSE:5480: 0.83

A closely related ratio is called PB Ratio. As of today, Nippon Yakin kogyo Co's share price is 円4770.00. Nippon Yakin kogyo Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円5,933.82. Hence, Nippon Yakin kogyo Co's P/B Ratio of today is 0.80.


Nippon Yakin kogyo Co Price-to-Tangible-Book Historical Data

The historical data trend for Nippon Yakin kogyo 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 Yakin kogyo Co Price-to-Tangible-Book Chart

Nippon Yakin kogyo 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 0.83 0.51 0.58 0.71 0.83

Nippon Yakin kogyo 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 0.86 0.83 0.76 0.82 0.74

Competitive Comparison of Nippon Yakin kogyo Co's Price-to-Tangible-Book

For the Steel subindustry, Nippon Yakin kogyo 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 Yakin kogyo Co's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nippon Yakin kogyo Co's Price-to-Tangible-Book distribution charts can be found below:

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



Nippon Yakin kogyo Co Price-to-Tangible-Book Calculation

Nippon Yakin kogyo 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 )
=4770.00/5717.356
=0.83

* 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 Yakin kogyo Co Price-to-Tangible-Book Related Terms

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Nippon Yakin kogyo Co (TSE:5480) Business Description

Traded in Other Exchanges
N/A
Address
Sanei Building, 5-8, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 1048365
Nippon Yakin kogyo Co., Ltd. engages in the manufacture and sale of stainless steel, specialty steel, and processed stainless steel products. Its products include stainless and heat-resistant steel plates, soft magnetic alloys, non-magnetic alloys, strips, bars, pipes, and forgings; ferro nickel and high nickel steel alloy; NAS coat for roofs, checker plate, angle, flat bar, and processed stainless steel products.

Nippon Yakin kogyo Co (TSE:5480) Headlines

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