AEON Financial Service Co (TSE:8570) Price-to-Tangible-Book : 0.94 (As of May. 12, 2024)

View and export this data going back to 1996. Start your Free Trial

What is AEON Financial Service Co Price-to-Tangible-Book?

As of today (2024-05-12), AEON Financial Service Co's share price is 円1322.50. AEON Financial Service Co's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was 円1,403.12. Hence, AEON Financial Service Co's Price to Tangible Book Ratio of today is 0.94.

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

TSE:8570' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.76 Med: 1.65 Max: 3.34
Current: 0.9

During the past 13 years, AEON Financial Service Co's highest Price to Tangible Book Ratio was 3.34. The lowest was 0.76. And the median was 1.65.

TSE:8570's Price-to-Tangible-Book is ranked better than
60.52% of 499 companies
in the Credit Services industry
Industry Median: 1.09 vs TSE:8570: 0.90

A closely related ratio is called PB Ratio. As of today, AEON Financial Service Co's share price is 円1322.50. AEON Financial Service Co's Book Value per Sharefor the quarter that ended in Nov. 2023 was 円2,057.12. Hence, AEON Financial Service Co's P/B Ratio of today is 0.64.

AEON Financial Service Co Price-to-Tangible-Book Historical Data

The historical data trend for AEON Financial Service 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.

AEON Financial Service Co Price-to-Tangible-Book Chart

AEON Financial Service Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Feb20

Feb21

Feb22

Feb23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.73

1.19

1.05

0.86

0.92

AEON Financial Service Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.92	0.84	0.90	0.90	0.89

Competitive Comparison of AEON Financial Service Co's Price-to-Tangible-Book

For the Credit Services subindustry, AEON Financial Service 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.

AEON Financial Service Co's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, AEON Financial Service Co's Price-to-Tangible-Book distribution charts can be found below:

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

AEON Financial Service Co Price-to-Tangible-Book Calculation

AEON Financial Service Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	1322.50	/	1403.121
	=	0.94

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.

AEON Financial Service Co Price-to-Tangible-Book Related Terms

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

AEON Financial Service Co (TSE:8570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » AEON Financial Service Co Ltd (TSE:8570) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AEOJF:USA

Address

Kandanishiki-cho, Chiyoda-ku, Terrace Square, 3-22, Tokyo, JPN

Website

http://www.aeonfinancial.co.jp

AEON Financial Service Co Ltd is a comprehensive financial group consisting of a bank holding company and its subsidiaries, which grew out of Aeon Group's retail operations. It currently operates a network of hundreds of sale bases throughout Asia, particularly in Japan, China, Thailand, and Malaysia. The bank provides various financial services, payment services, housing loans, deposits, installment sales, and overseas services to customers through points of sale closely linked to community lifestyles. These include shopping centers and retail malls, convenience stores, and specialty stores, among others. Net fee and commission income is the company's largest source of net revenue.

AEON Financial Service Co (TSE:8570) Headlines

No Headlines