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Kyoritsu Electric (TSE:6874) Price-to-Tangible-Book : 0.81 (As of Jun. 12, 2024)


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What is Kyoritsu Electric Price-to-Tangible-Book?

As of today (2024-06-12), Kyoritsu Electric's share price is 円3430.00. Kyoritsu Electric's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円4,238.10. Hence, Kyoritsu Electric's Price to Tangible Book Ratio of today is 0.81.

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

TSE:6874' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53   Med: 0.73   Max: 1.03
Current: 0.81

During the past 13 years, Kyoritsu Electric's highest Price to Tangible Book Ratio was 1.03. The lowest was 0.53. And the median was 0.73.

TSE:6874's Price-to-Tangible-Book is ranked better than
85.17% of 2299 companies
in the Hardware industry
Industry Median: 2.07 vs TSE:6874: 0.81

A closely related ratio is called PB Ratio. As of today, Kyoritsu Electric's share price is 円3430.00. Kyoritsu Electric's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円4,324.18. Hence, Kyoritsu Electric's P/B Ratio of today is 0.79.


Kyoritsu Electric Price-to-Tangible-Book Historical Data

The historical data trend for Kyoritsu Electric'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.

Kyoritsu Electric Price-to-Tangible-Book Chart

Kyoritsu Electric Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.66 0.63 0.55 0.74

Kyoritsu Electric 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 0.68 0.74 0.72 0.79 0.85

Competitive Comparison of Kyoritsu Electric's Price-to-Tangible-Book

For the Scientific & Technical Instruments subindustry, Kyoritsu Electric'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.


Kyoritsu Electric's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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



Kyoritsu Electric Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3430.00/4238.101
=0.81

* 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.


Kyoritsu Electric Price-to-Tangible-Book Related Terms

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


Kyoritsu Electric (TSE:6874) Business Description

Traded in Other Exchanges
N/A
Address
Nakatahon-cho 61-1, Shizuoka Prefecture Shizuoka Suruga-ku, Yubinbango, JPN, 422-8686
Kyoritsu Electric Corp is an engineering solution provider. It provides various systems and testing and measuring instruments. It provides factory automation products such as integrated production control systems, network-based control systems & flows, pressure and temperature sensors. Its civil automation includes a shield machine management system, tunnel boring machine management system.

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