Hitachi Zosen (TSE:7004) Price-to-Tangible-Book : 1.61 (As of May. 08, 2024)

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What is Hitachi Zosen Price-to-Tangible-Book?

As of today (2024-05-08), Hitachi Zosen's share price is 円1222.00. Hitachi Zosen's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円757.43. Hence, Hitachi Zosen's Price to Tangible Book Ratio of today is 1.61.

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

TSE:7004' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53 Med: 1.02 Max: 1.63
Current: 1.61

During the past 13 years, Hitachi Zosen's highest Price to Tangible Book Ratio was 1.63. The lowest was 0.53. And the median was 1.02.

TSE:7004's Price-to-Tangible-Book is ranked better than
64.64% of 2822 companies
in the Industrial Products industry
Industry Median: 2.13 vs TSE:7004: 1.61

A closely related ratio is called PB Ratio. As of today, Hitachi Zosen's share price is 円1222.00. Hitachi Zosen's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円847.74. Hence, Hitachi Zosen's P/B Ratio of today is 1.44.

Hitachi Zosen Price-to-Tangible-Book Historical Data

The historical data trend for Hitachi Zosen'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.

Hitachi Zosen Price-to-Tangible-Book Chart

Hitachi Zosen Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.53

0.55

1.29

1.05

1.14

Hitachi Zosen 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															1.19	1.14	1.35	1.16	1.24

Competitive Comparison of Hitachi Zosen's Price-to-Tangible-Book

For the Pollution & Treatment Controls subindustry, Hitachi Zosen'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.

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

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

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

Hitachi Zosen Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1222.00	/	757.434
	=	1.61

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.

Hitachi Zosen Price-to-Tangible-Book Related Terms

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

Hitachi Zosen (TSE:7004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hitachi Zosen Corp (TSE:7004) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

HZS:Germany

Address

7-89, Nanko-kita 1-chome, Suminoe-ku, Osaka, JPN, 559-8559

Website

http://www.hitachizosen.co.jp

Hitachi Zosen Corp is a Japan-based industrial and engineering company. It engaged in the business domains of Green Energy, Social Infrastructure, and disaster prevention. The Company operations are classified into four reportable segments. Environmental Systems and Industrial Plants Segment include the production of environmental protection systems, water treatment systems, desalination and potabilization plants and chemical plants. Machinery segment includes the production of marine diesel engines, boilers, SCR systems, process equipment amongst others. Infrastructure segment includes bridge construction, water gates, and shield tunneling machines. Operations in the other businesses segment include the transportation business and warehousing business.

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