Okuma (TSE:6103) Price-to-Tangible-Book : 1.08 (As of May. 12, 2024)

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What is Okuma Price-to-Tangible-Book?

As of today (2024-05-12), Okuma's share price is 円7236.00. Okuma's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円6,722.33. Hence, Okuma's Price to Tangible Book Ratio of today is 1.08.

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

TSE:6103' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.69 Med: 1.13 Max: 1.78
Current: 1.08

During the past 13 years, Okuma's highest Price to Tangible Book Ratio was 1.78. The lowest was 0.69. And the median was 1.13.

TSE:6103's Price-to-Tangible-Book is ranked better than
78.42% of 2827 companies
in the Industrial Products industry
Industry Median: 2.14 vs TSE:6103: 1.08

A closely related ratio is called PB Ratio. As of today, Okuma's share price is 円7236.00. Okuma's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円7,039.75. Hence, Okuma's P/B Ratio of today is 1.03.

Okuma Price-to-Tangible-Book Historical Data

The historical data trend for Okuma'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.

Okuma Price-to-Tangible-Book Chart

Okuma Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.20

0.69

1.21

0.90

0.93

Okuma 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															0.76	0.93	1.17	0.97	0.90

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

For the Specialty Industrial Machinery subindustry, Okuma'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.

Okuma's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

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

Okuma Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	7236.00	/	6722.328
	=	1.08

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.

Okuma Price-to-Tangible-Book Related Terms

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

Okuma (TSE:6103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Okuma Corp (TSE:6103) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

6103:Japan

Address

5-25-1 Shimo-Oguchi, Ohguchi-cho Niwa-gun, Aichi, JPN, 480-0193

Website

http://www.okuma.co.jp

Okuma Corp is a Japan-based company that manufactures machine tools. The company's product portfolio comprises CNC lathes, aluminum wheel applications, horizontal multitasking machines, machining centers, and so on. In addition, the company provides other solutions including applications, system technologies, aftersales services, and others. The company has a number of subsidiaries overseas, including Okuma America Corp. (America), Okuma Europe GmbH (Germany), Okuma Machine Tool (Shanghai) Co., Ltd (China), BYJC Okuma (Beijing) Machine Tool Co., Ltd (China) and Tatung-Okuma Co., Ltd (Taiwan). In the domestic market, the company primarily operates through Nippon Seiki Shokai and Okuma Kosan Corp. The company generates around half of its revenue from overseas markets.

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