SPARX Group Co (TSE:8739) Price-to-Tangible-Book : 2.45 (As of May. 27, 2024)

View and export this data going back to 2001. Start your Free Trial

What is SPARX Group Co Price-to-Tangible-Book?

As of today (2024-05-27), SPARX Group Co's share price is 円1725.00. SPARX Group Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円704.97. Hence, SPARX Group Co's Price to Tangible Book Ratio of today is 2.45.

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

TSE:8739' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.85 Med: 2.54 Max: 3.5
Current: 2.26

During the past 13 years, SPARX Group Co's highest Price to Tangible Book Ratio was 3.50. The lowest was 1.85. And the median was 2.54.

TSE:8739's Price-to-Tangible-Book is ranked worse than
87% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs TSE:8739: 2.26

A closely related ratio is called PB Ratio. As of today, SPARX Group Co's share price is 円1725.00. SPARX Group Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円735.98. Hence, SPARX Group Co's P/B Ratio of today is 2.34.

SPARX Group Co Price-to-Tangible-Book Historical Data

The historical data trend for SPARX Group 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.

SPARX Group Co Price-to-Tangible-Book Chart

SPARX Group Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.85

2.56

2.25

2.21

2.46

SPARX Group 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															2.21	2.23	2.19	2.29	2.46

Competitive Comparison of SPARX Group Co's Price-to-Tangible-Book

For the Asset Management subindustry, SPARX Group 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.

SPARX Group Co's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SPARX Group Co's Price-to-Tangible-Book distribution charts can be found below:

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

SPARX Group Co Price-to-Tangible-Book Calculation

SPARX Group 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 )
	=	1725.00	/	704.966
	=	2.45

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.

SPARX Group Co Price-to-Tangible-Book Related Terms

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

SPARX Group Co (TSE:8739) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SPARX Group Co Ltd (TSE:8739) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SRXXF:USA

Address

1-2-70 Konan, Shinagawa Season Terrace, 6th Floor, Minato-ku, Tokyo, JPN, 108 0075

Website

http://www.sparx.jp

SPARX Group Co Ltd is a Japan-based holding company engaged in the Asset Management Business and Investment Advisory Business, through its subsidiaries. It operates a variety of investment strategies through a host of entities. The group invests on behalf of corporate pension annuities, government entities, private and trust banks, and public pension funds. Strategies include Japanese equity, Asia ex-Japan alternatives, and Korean strategies. In addition to mutual fund offerings, the company offers advisory services to customers in Japan. Mutual fund offerings are offered directly or through brokerage houses, banks, and other intermediaries globally.

SPARX Group Co (TSE:8739) Headlines

No Headlines