TV Asahi Holdings (TSE:9409) PB Ratio : 0.50 (As of Nov. 28, 2024)

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What is TV Asahi Holdings PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-11-28), TV Asahi Holdings's share price is 円2115.00. TV Asahi Holdings's Book Value per Share for the quarter that ended in Sep. 2024 was 円4,252.63. Hence, TV Asahi Holdings's PB Ratio of today is 0.50.

The historical rank and industry rank for TV Asahi Holdings's PB Ratio or its related term are showing as below:

TSE:9409' s PB Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.56 Max: 0.82
Current: 0.5

During the past 13 years, TV Asahi Holdings's highest PB Ratio was 0.82. The lowest was 0.33. And the median was 0.56.

TSE:9409's PB Ratio is ranked better than
84.87% of 945 companies
in the Media - Diversified industry
Industry Median: 1.44 vs TSE:9409: 0.50

During the past 12 months, TV Asahi Holdings's average Book Value Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TV Asahi Holdings was 5.70% per year. The lowest was -1.70% per year. And the median was 3.80% per year.

Back to Basics: PB Ratio

TV Asahi Holdings PB Ratio Historical Data

The historical data trend for TV Asahi Holdings's PB Ratio 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.

TV Asahi Holdings PB Ratio Chart

TV Asahi Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

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0.48

0.56

0.39

0.52

TV Asahi Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															0.43	0.40	0.52	-	0.47

Competitive Comparison of TV Asahi Holdings's PB Ratio

For the Broadcasting subindustry, TV Asahi Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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 PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TV Asahi Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where TV Asahi Holdings's PB Ratio falls into.

TV Asahi Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

TV Asahi Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	2115.00	/	4252.63
	=	0.50

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

TV Asahi Holdings (TSE:9409) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

TV Asahi Holdings PB Ratio Related Terms

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TV Asahi Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TV Asahi Holdings Corp (TSE:9409) » Definitions » PB Ratio

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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.

TV Asahi Holdings Headlines

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