Econavista (TSE:5585) Price-to-Tangible-Book : 4.34 (As of May. 26, 2024)

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What is Econavista Price-to-Tangible-Book?

As of today (2024-05-26), Econavista's share price is 円1955.00. Econavista's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was 円450.58. Hence, Econavista's Price to Tangible Book Ratio of today is 4.34.

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

TSE:5585' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.34 Med: 6.56 Max: 8.34
Current: 4.34

During the past 3 years, Econavista's highest Price to Tangible Book Ratio was 8.34. The lowest was 4.34. And the median was 6.56.

TSE:5585's Price-to-Tangible-Book is ranked worse than
60.88% of 478 companies
in the Healthcare Providers & Services industry
Industry Median: 3.155 vs TSE:5585: 4.34

A closely related ratio is called PB Ratio. As of today, Econavista's share price is 円1955.00. Econavista's Book Value per Sharefor the quarter that ended in Jan. 2024 was 円465.22. Hence, Econavista's P/B Ratio of today is 4.20.

Econavista Price-to-Tangible-Book Historical Data

The historical data trend for Econavista'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.

Econavista Price-to-Tangible-Book Chart

Econavista Annual Data

Trend

Oct21

Oct22

Oct23

Price-to-Tangible-Book

6.12

Econavista Quarterly Data
	Oct21	Oct22	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	8.34	6.12	6.56

Competitive Comparison of Econavista's Price-to-Tangible-Book

For the Health Information Services subindustry, Econavista'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.

Econavista's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Econavista's Price-to-Tangible-Book distribution charts can be found below:

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

Econavista Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	1955.00	/	450.575
	=	4.34

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.

Econavista Price-to-Tangible-Book Related Terms

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

Econavista (TSE:5585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econavista Inc (TSE:5585) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1 Kioicho, KKD Building 6 Floor, Chiyoda-ku, Tokyo, JPN, 102-0094

Website

https://www.econavista.com

Econavista Inc is engaged in the Development of AI for predicting health status transition through sleep analysis technology and its application to solve social challenges, such as its AI-backed services of Life Rhythm Navi. It automatically records your daily living conditions (life rhythm) and works with specialized medical institutions to visualize the signs of dementia and diseases that are common among the elderly (heat stroke, sleep disorders, etc.). It is a monitoring system to prevent sudden changes in physical conditions and accidents in preventive medicine.

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