TV Asahi Holdings (TSE:9409) Price-to-Tangible-Book : 0.50 (As of May. 22, 2024)

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What is TV Asahi Holdings Price-to-Tangible-Book?

As of today (2024-05-22), TV Asahi Holdings's share price is 円1989.00. TV Asahi Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円3,981.72. Hence, TV Asahi Holdings's Price to Tangible Book Ratio of today is 0.50.

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

TSE:9409' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.35 Med: 0.61 Max: 0.81
Current: 0.5

During the past 13 years, TV Asahi Holdings's highest Price to Tangible Book Ratio was 0.81. The lowest was 0.35. And the median was 0.61.

TSE:9409's Price-to-Tangible-Book is ranked better than
88.62% of 782 companies
in the Media - Diversified industry
Industry Median: 1.88 vs TSE:9409: 0.50

A closely related ratio is called PB Ratio. As of today, TV Asahi Holdings's share price is 円1989.00. TV Asahi Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円4,025.79. Hence, TV Asahi Holdings's P/B Ratio of today is 0.49.

TV Asahi Holdings Price-to-Tangible-Book Historical Data

The historical data trend for TV Asahi Holdings'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.

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TV Asahi Holdings Price-to-Tangible-Book Chart

TV Asahi Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.61

0.49

0.58

0.40

0.39

TV Asahi Holdings 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															0.35	0.39	0.42	0.43	0.40

Competitive Comparison of TV Asahi Holdings's Price-to-Tangible-Book

For the Broadcasting subindustry, TV Asahi Holdings'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.

TV Asahi Holdings's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TV Asahi Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where TV Asahi Holdings's Price-to-Tangible-Book falls into.

TV Asahi Holdings Price-to-Tangible-Book Calculation

TV Asahi Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1989.00	/	3981.715
	=	0.50

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.

TV Asahi Holdings Price-to-Tangible-Book Related Terms

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

TV Asahi Holdings (TSE:9409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TV Asahi Holdings Corp (TSE:9409) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

THDDY:USA

Address

6-9-1, Roppongi, Minato-ku, Tokyo, JPN, 106-8001

Website

http://www.tv-asahihd.co.jp

TV Asahi Holdings Corporation is a Japanese multimedia group. Ranging from its primary business of broadcast TV, the company owns and manages music publishing and miscellaneous businesses. The Television Broadcasting segment is involved in the production and broadcasting of TV programs. The Music Publishing segment attends to music copyrights and related rights as well as the artist management and recording businesses and through the Others segment, it is engaged in event management and the sale of digital goods such as DVDs. The company derives its revenue from TV Broadcasting Business.

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