GDEP Advance (TSE:5885) Price-to-Tangible-Book : 5.75 (As of May. 13, 2024)

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What is GDEP Advance Price-to-Tangible-Book?

As of today (2024-05-13), GDEP Advance's share price is 円9780.00. GDEP Advance's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was 円1,701.80. Hence, GDEP Advance's Price to Tangible Book Ratio of today is 5.75.

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

TSE:5885' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.25 Med: 7.69 Max: 7.96
Current: 5.75

During the past 3 years, GDEP Advance's highest Price to Tangible Book Ratio was 7.96. The lowest was 5.25. And the median was 7.69.

TSE:5885's Price-to-Tangible-Book is ranked worse than
88.41% of 2303 companies
in the Hardware industry
Industry Median: 2.05 vs TSE:5885: 5.75

A closely related ratio is called PB Ratio. As of today, GDEP Advance's share price is 円9780.00. GDEP Advance's Book Value per Sharefor the quarter that ended in Feb. 2024 was 円1,705.12. Hence, GDEP Advance's P/B Ratio of today is 5.74.

GDEP Advance Price-to-Tangible-Book Historical Data

The historical data trend for GDEP Advance'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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GDEP Advance Price-to-Tangible-Book Chart

GDEP Advance Annual Data

Trend

May21

May22

May23

Price-to-Tangible-Book

GDEP Advance Quarterly Data
	May21	May22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	7.96	5.25	7.69

Competitive Comparison of GDEP Advance's Price-to-Tangible-Book

For the Computer Hardware subindustry, GDEP Advance'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.

GDEP Advance's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GDEP Advance's Price-to-Tangible-Book distribution charts can be found below:

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

GDEP Advance Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2024 )
	=	9780.00	/	1701.8
	=	5.75

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.

GDEP Advance Price-to-Tangible-Book Related Terms

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

GDEP Advance (TSE:5885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GDEP Advance Inc (TSE:5885) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803

Website

https://info.gdep.co.jp

GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

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