Rhythm Co (TSE:7769) Price-to-Tangible-Book : 1.09 (As of May. 28, 2024)

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What is Rhythm Co Price-to-Tangible-Book?

As of today (2024-05-28), Rhythm Co's share price is 円3870.00. Rhythm Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円3,545.72. Hence, Rhythm Co's Price to Tangible Book Ratio of today is 1.09.

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

TSE:7769' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22 Med: 0.51 Max: 1.13
Current: 1.09

During the past 13 years, Rhythm Co's highest Price to Tangible Book Ratio was 1.13. The lowest was 0.22. And the median was 0.51.

TSE:7769's Price-to-Tangible-Book is ranked better than
66.02% of 977 companies
in the Retail - Cyclical industry
Industry Median: 1.79 vs TSE:7769: 1.09

A closely related ratio is called PB Ratio. As of today, Rhythm Co's share price is 円3870.00. Rhythm Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円3,575.27. Hence, Rhythm Co's P/B Ratio of today is 1.08.

Rhythm Co Price-to-Tangible-Book Historical Data

The historical data trend for Rhythm 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.

Rhythm Co Price-to-Tangible-Book Chart

Rhythm Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.42

0.22

0.31

0.46

0.55

Rhythm Co 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															0.50	0.55	0.47	0.51	0.83

Competitive Comparison of Rhythm Co's Price-to-Tangible-Book

For the Luxury Goods subindustry, Rhythm 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.

Rhythm Co's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rhythm Co's Price-to-Tangible-Book distribution charts can be found below:

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

Rhythm Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3870.00	/	3545.72
	=	1.09

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.

Rhythm Co Price-to-Tangible-Book Related Terms

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

Rhythm Co (TSE:7769) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rhythm Co Ltd (TSE:7769) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-299-12 Kitabukuro-cho Omiya-ku, Saitama-shi, Saitama, JPN, 330-9551

Website

http://www.rhythm.co.jp

Rhythm Co Ltd is a watch manufacturer. The company is mainly engaged in the manufacturing and sale of clocks, jewelry, watches, electronic parts, and equipment. It operates its business in four divisions including clock division, electronics division, precision division, and connected terminal division. The Clock division manufactures and supplies products, such as hanging clocks, standing clocks, alarm clocks, watches, and accessories. The Electronics division manufactures and sells information-related equipment, communication, and automobile-related equipment. The Precision division manufactures and sells precision molds, plastic and metal components, and medical equipment. The Connection Terminal division manufactures and sells connection terminal products.

Rhythm Co (TSE:7769) Headlines

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