Shizuoka Gas Co (TSE:9543) Price-to-Tangible-Book : 0.65 (As of May. 12, 2024)

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What is Shizuoka Gas Co Price-to-Tangible-Book?

As of today (2024-05-12), Shizuoka Gas Co's share price is 円935.00. Shizuoka Gas Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円1,447.71. Hence, Shizuoka Gas Co's Price to Tangible Book Ratio of today is 0.65.

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

TSE:9543' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 0.86 Max: 1.17
Current: 0.65

During the past 13 years, Shizuoka Gas Co's highest Price to Tangible Book Ratio was 1.17. The lowest was 0.65. And the median was 0.86.

TSE:9543's Price-to-Tangible-Book is ranked better than
84.53% of 472 companies
in the Utilities - Regulated industry
Industry Median: 1.81 vs TSE:9543: 0.65

A closely related ratio is called PB Ratio. As of today, Shizuoka Gas Co's share price is 円935.00. Shizuoka Gas Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円1,484.17. Hence, Shizuoka Gas Co's P/B Ratio of today is 0.63.

Shizuoka Gas Co Price-to-Tangible-Book Historical Data

The historical data trend for Shizuoka Gas 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.

Shizuoka Gas Co Price-to-Tangible-Book Chart

Shizuoka Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.88

0.94

0.86

0.90

0.73

Shizuoka Gas 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															0.86	0.83	0.71	0.73	0.66

Competitive Comparison of Shizuoka Gas Co's Price-to-Tangible-Book

For the Utilities - Regulated Gas subindustry, Shizuoka Gas 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.

Shizuoka Gas Co's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shizuoka Gas Co's Price-to-Tangible-Book distribution charts can be found below:

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

Shizuoka Gas Co Price-to-Tangible-Book Calculation

Shizuoka Gas Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	935.00	/	1447.708
	=	0.65

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.

Shizuoka Gas Co Price-to-Tangible-Book Related Terms

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

Shizuoka Gas Co (TSE:9543) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shizuoka Gas Co Ltd (TSE:9543) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

1-5-38 Yawata, Suruga-ku, Shizuoka, JPN, 422-8688

Website

http://www.shizuokagas.co.jp

Shizuoka Gas Co Ltd, or Shizgas, is a Japanese electric power and gas company. Shizgas is primarily involved in the distribution of city gas through its pipeline network to Japanese municipalities between Tokyo and Nagoya along the coastline of the Pacific Ocean near Mount Fuji. The company segments its operations into gas, LPG, and other energy services, and other businesses units. Shizuoka Gas derives the vast majority of its revenue from sales of natural gas. The company's customers are mainly split between wholesale and industrial consumers in terms of sales volume. Shizuoka Gas also generates revenue from the sale of liquefied natural gas that it imports from overseas, utility facility construction, and natural gas piping installations in Japan.

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