Nagoya Railroad Co (TSE:9048) Price-to-Tangible-Book : 0.97 (As of May. 21, 2024)

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What is Nagoya Railroad Co Price-to-Tangible-Book?

As of today (2024-05-21), Nagoya Railroad Co's share price is 円2069.50. Nagoya Railroad Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円2,125.10. Hence, Nagoya Railroad Co's Price to Tangible Book Ratio of today is 0.97.

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

TSE:9048' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.94 Med: 1.51 Max: 1.88
Current: 0.97

During the past 13 years, Nagoya Railroad Co's highest Price to Tangible Book Ratio was 1.88. The lowest was 0.94. And the median was 1.51.

TSE:9048's Price-to-Tangible-Book is ranked better than
59.21% of 478 companies
in the Conglomerates industry
Industry Median: 1.17 vs TSE:9048: 0.97

A closely related ratio is called PB Ratio. As of today, Nagoya Railroad Co's share price is 円2069.50. Nagoya Railroad Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円2,182.21. Hence, Nagoya Railroad Co's P/B Ratio of today is 0.95.

Nagoya Railroad Co Price-to-Tangible-Book Historical Data

The historical data trend for Nagoya Railroad 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.

Nagoya Railroad Co Price-to-Tangible-Book Chart

Nagoya Railroad Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.57

1.51

1.43

1.15

1.02

Nagoya Railroad 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															1.10	1.02	1.13	1.06	1.06

Competitive Comparison of Nagoya Railroad Co's Price-to-Tangible-Book

For the Conglomerates subindustry, Nagoya Railroad 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.

Nagoya Railroad Co's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nagoya Railroad Co's Price-to-Tangible-Book distribution charts can be found below:

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

Nagoya Railroad Co Price-to-Tangible-Book Calculation

Nagoya Railroad 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 )
	=	2069.50	/	2125.099
	=	0.97

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.

Nagoya Railroad Co Price-to-Tangible-Book Related Terms

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

Nagoya Railroad Co (TSE:9048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nagoya Railroad Co Ltd (TSE:9048) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

9048:Japan

Address

1-2-4 Meieki, Nakamura-ku, Nagoya, JPN, 450-8501

Website

http://www.meitetsu.co.jp

Nagoya Railroad Co Ltd is a transportation company domiciled in Japan. The company organizes itself into six segments: traffic, transport, real estate, leisure and services, aviation services and distribution. Traffic, which contributes the most significant portion of revenue, operates railways, buses, and taxis. The transport segment operates trucking and maritime transport operations. The real estate segment develops and leases real estate. Leisure and services operate hotels, restaurants, and other tourist facilities. The distribution segment operates department stores.

Nagoya Railroad Co (TSE:9048) Headlines

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