Noritsu Koki Co (TSE:7744) Price-to-Tangible-Book : 1.73 (As of May. 13, 2024)

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What is Noritsu Koki Co Price-to-Tangible-Book?

As of today (2024-05-13), Noritsu Koki Co's share price is 円3860.00. Noritsu Koki Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円2,234.36. Hence, Noritsu Koki Co's Price to Tangible Book Ratio of today is 1.73.

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

TSE:7744' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.52 Med: 1.96 Max: 14.77
Current: 1.74

During the past 13 years, Noritsu Koki Co's highest Price to Tangible Book Ratio was 14.77. The lowest was 0.52. And the median was 1.96.

TSE:7744's Price-to-Tangible-Book is ranked better than
66.96% of 2303 companies
in the Hardware industry
Industry Median: 2.05 vs TSE:7744: 1.74

A closely related ratio is called PB Ratio. As of today, Noritsu Koki Co's share price is 円3860.00. Noritsu Koki Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円5,731.95. Hence, Noritsu Koki Co's P/B Ratio of today is 0.67.

Noritsu Koki Co Price-to-Tangible-Book Historical Data

The historical data trend for Noritsu Koki Co'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.

Noritsu Koki Co Price-to-Tangible-Book Chart

Noritsu Koki Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

6.19

4.61

1.43

1.29

Noritsu Koki Co 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															1.19	1.07	1.48	1.35	1.43

Competitive Comparison of Noritsu Koki Co's Price-to-Tangible-Book

For the Consumer Electronics subindustry, Noritsu Koki Co'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.

Noritsu Koki Co's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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

Noritsu Koki Co Price-to-Tangible-Book Calculation

Noritsu Koki Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	3860.00	/	2234.357
	=	1.73

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.

Noritsu Koki Co Price-to-Tangible-Book Related Terms

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

Noritsu Koki Co (TSE:7744) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045

Website

http://www.noritsu.co.jp

Noritsu Koki Co Ltd is a Japan-based company, engaged in the healthcare, drug discovery, senior life, agribusiness food, manufacturing, and other operations. In the manufacturing business, the company manufactures marking pen tip made of felt and synthetic fiber as the main product. In the healthcare business, it offers a range of medical services. In the drug discovery business, the company conducts research and development on biopharmaceuticals and regenerative medicine. The other operations of the company involves the business development and investment research, digital area business and insurance business.

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