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GMO Financial Holdings (TSE:7177) Price-to-Tangible-Book : 2.89 (As of May. 10, 2024)


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What is GMO Financial Holdings Price-to-Tangible-Book?

As of today (2024-05-10), GMO Financial Holdings's share price is 円763.00. GMO Financial Holdings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円263.63. Hence, GMO Financial Holdings's Price to Tangible Book Ratio of today is 2.89.

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

TSE:7177' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.05   Med: 2.99   Max: 8.06
Current: 3.09

During the past 13 years, GMO Financial Holdings's highest Price to Tangible Book Ratio was 8.06. The lowest was 1.05. And the median was 2.99.

TSE:7177's Price-to-Tangible-Book is ranked worse than
73.37% of 721 companies
in the Capital Markets industry
Industry Median: 1.29 vs TSE:7177: 3.09

A closely related ratio is called PB Ratio. As of today, GMO Financial Holdings's share price is 円763.00. GMO Financial Holdings's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円413.11. Hence, GMO Financial Holdings's P/B Ratio of today is 1.85.


GMO Financial Holdings Price-to-Tangible-Book Historical Data

The historical data trend for GMO Financial Holdings'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.

GMO Financial Holdings Price-to-Tangible-Book Chart

GMO Financial Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 2.39 5.06 2.92 3.05

GMO Financial Holdings 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 2.98 3.22 2.97 3.05 3.02

Competitive Comparison of GMO Financial Holdings's Price-to-Tangible-Book

For the Capital Markets subindustry, GMO Financial Holdings'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.


GMO Financial Holdings's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GMO Financial Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



GMO Financial Holdings Price-to-Tangible-Book Calculation

GMO Financial Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=763.00/263.626
=2.89

* 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.


GMO Financial Holdings Price-to-Tangible-Book Related Terms

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


GMO Financial Holdings (TSE:7177) Business Description

Traded in Other Exchanges
N/A
Address
1-2-3, Dogenzaka, Shibuya Fukuras, Shibuya-ku, Tokyo, JPN, 150-0043
GMO Financial Holdings Inc is a Japan-based holding company that is principally engaged in providing financial product trading services in Japan and overseas markets. The company operates through various subsidiaries, such as GMO Click Securities and FX Prime from GMO Corp. in Japan; and GMO-Z.com Forex HK Limited, GMO-Z.com Bullion HK Limited, and GMO-Z.com Trade UK Limited in Hong Kong and the United Kingdom. Through the above subsidiaries, the company is involved in activities including foreign exchange trading, bullion trading, CFD trading, and others.

GMO Financial Holdings (TSE:7177) Headlines

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