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Solasto (TSE:6197) Price-to-Tangible-Book : 11.16 (As of May. 24, 2024)


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What is Solasto Price-to-Tangible-Book?

As of today (2024-05-24), Solasto's share price is 円469.00. Solasto's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円42.02. Hence, Solasto's Price to Tangible Book Ratio of today is 11.16.

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

TSE:6197' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.43   Med: 26.55   Max: 153.7
Current: 11.16

During the past 9 years, Solasto's highest Price to Tangible Book Ratio was 153.70. The lowest was 6.43. And the median was 26.55.

TSE:6197's Price-to-Tangible-Book is ranked worse than
86.82% of 478 companies
in the Healthcare Providers & Services industry
Industry Median: 3.135 vs TSE:6197: 11.16

A closely related ratio is called PB Ratio. As of today, Solasto's share price is 円469.00. Solasto's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円222.13. Hence, Solasto's P/B Ratio of today is 2.11.


Solasto Price-to-Tangible-Book Historical Data

The historical data trend for Solasto'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.

Solasto Price-to-Tangible-Book Chart

Solasto Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 40.84 48.86 153.70 16.34 13.14

Solasto 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 16.34 9.62 11.45 13.41 13.14

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

For the Medical Care Facilities subindustry, Solasto'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.


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

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

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



Solasto Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=469.00/42.023
=11.16

* 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.


Solasto Price-to-Tangible-Book Related Terms

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


Solasto (TSE:6197) Business Description

Traded in Other Exchanges
N/A
Address
1-7-18 Konan, Minato-ku, Tokyo, JPN, 108-8210
Solasto Corp is engaged in providing medical outsourcing business, long-term care and child care business and others.

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