NEC Capital Solutions (TSE:8793) Price-to-Tangible-Book : 0.83 (As of May. 21, 2024)

View and export this data going back to 2005. Start your Free Trial

What is NEC Capital Solutions Price-to-Tangible-Book?

As of today (2024-05-21), NEC Capital Solutions's share price is 円3910.00. NEC Capital Solutions's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円4,702.70. Hence, NEC Capital Solutions's Price to Tangible Book Ratio of today is 0.83.

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

TSE:8793' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4 Med: 0.53 Max: 0.83
Current: 0.83

During the past 13 years, NEC Capital Solutions's highest Price to Tangible Book Ratio was 0.83. The lowest was 0.40. And the median was 0.53.

TSE:8793's Price-to-Tangible-Book is ranked better than
82.07% of 870 companies
in the Business Services industry
Industry Median: 2.1 vs TSE:8793: 0.83

A closely related ratio is called PB Ratio. As of today, NEC Capital Solutions's share price is 円3910.00. NEC Capital Solutions's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円5,182.61. Hence, NEC Capital Solutions's P/B Ratio of today is 0.75.

NEC Capital Solutions Price-to-Tangible-Book Historical Data

The historical data trend for NEC Capital Solutions'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.

NEC Capital Solutions Price-to-Tangible-Book Chart

NEC Capital Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.44

0.45

0.48

0.46

0.54

NEC Capital Solutions 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															0.45	0.54	0.69	0.68	0.71

Competitive Comparison of NEC Capital Solutions's Price-to-Tangible-Book

For the Rental & Leasing Services subindustry, NEC Capital Solutions'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.

NEC Capital Solutions's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NEC Capital Solutions's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where NEC Capital Solutions's Price-to-Tangible-Book falls into.

NEC Capital Solutions Price-to-Tangible-Book Calculation

NEC Capital Solutions's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3910.00	/	4702.695
	=	0.83

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.

NEC Capital Solutions Price-to-Tangible-Book Related Terms

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

NEC Capital Solutions (TSE:8793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NEC Capital Solutions Ltd (TSE:8793) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

29-11 Shiba 5-chome, Minato-ku, Tokyo, JPN

Website

http://www.necap.co.jp

NEC Capital Solutions Ltd is a Japan-based company engaged in the provision of financial services. It operates through four segments. The company's Leasing and installment segment are involved in the purchase and sale of processing equipment, communications equipment, office equipment, and industrial machinery. Its Finance segment consists of factoring and loans and other business. The RISA segment provides investment advice, fund business, and others. Its other business comprises of the sale of secondhand products, as well as the collection of transaction fees.

NEC Capital Solutions (TSE:8793) Headlines

No Headlines