JTower (TSE:4485) Price-to-Tangible-Book : 3.19 (As of Jun. 06, 2024)

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What is JTower Price-to-Tangible-Book?

As of today (2024-06-06), JTower's share price is 円1805.00. JTower's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円565.59. Hence, JTower's Price to Tangible Book Ratio of today is 3.19.

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

TSE:4485' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.41 Med: 10.7 Max: 26.23
Current: 1.6

During the past 7 years, JTower's highest Price to Tangible Book Ratio was 26.23. The lowest was 1.41. And the median was 10.70.

TSE:4485's Price-to-Tangible-Book is ranked better than
65.95% of 279 companies
in the Telecommunication Services industry
Industry Median: 2.44 vs TSE:4485: 1.60

A closely related ratio is called PB Ratio. As of today, JTower's share price is 円1805.00. JTower's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円639.04. Hence, JTower's P/B Ratio of today is 2.82.

JTower Price-to-Tangible-Book Historical Data

The historical data trend for JTower'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.

JTower Price-to-Tangible-Book Chart

JTower Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

11.26

26.23

10.70

8.62

3.55

JTower Quarterly Data
	Mar19	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															8.62	12.56	10.31	8.84	3.55

Competitive Comparison of JTower's Price-to-Tangible-Book

For the Telecom Services subindustry, JTower'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.

JTower's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, JTower's Price-to-Tangible-Book distribution charts can be found below:

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

JTower Price-to-Tangible-Book Calculation

JTower's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1805.00	/	565.589
	=	3.19

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.

JTower Price-to-Tangible-Book Related Terms

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

JTower (TSE:4485) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » JTower Inc (TSE:4485) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eastern AOYAMA Building, 8-5-41 Akasaka, Minato-ku, Tokyo, JPN, 107-0052

Website

https://www.jtower.co.jp

JTower Inc is engaged in designing and construction of information communications infrastructure and communication-related solutions. The company provides a variety of services based around mobile infrastructure sharing for Mobile Network Operators .

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