Fuyo General Lease Co (TSE:8424) Price-to-Tangible-Book : 0.98 (As of May. 25, 2024)

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What is Fuyo General Lease Co Price-to-Tangible-Book?

As of today (2024-05-25), Fuyo General Lease Co's share price is 円12655.00. Fuyo General Lease Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円12,882.33. Hence, Fuyo General Lease Co's Price to Tangible Book Ratio of today is 0.98.

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

TSE:8424' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67 Med: 0.74 Max: 1.05
Current: 0.96

During the past 13 years, Fuyo General Lease Co's highest Price to Tangible Book Ratio was 1.05. The lowest was 0.67. And the median was 0.74.

TSE:8424's Price-to-Tangible-Book is ranked better than
77.45% of 869 companies
in the Business Services industry
Industry Median: 2.07 vs TSE:8424: 0.96

A closely related ratio is called PB Ratio. As of today, Fuyo General Lease Co's share price is 円12655.00. Fuyo General Lease Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円14,217.44. Hence, Fuyo General Lease Co's P/B Ratio of today is 0.89.

Fuyo General Lease Co Price-to-Tangible-Book Historical Data

The historical data trend for Fuyo General Lease 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.

Fuyo General Lease Co Price-to-Tangible-Book Chart

Fuyo General Lease Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.67

0.83

0.69

0.82

1.05

Fuyo General Lease 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															0.82	0.97	0.99	0.95	1.05

Competitive Comparison of Fuyo General Lease Co's Price-to-Tangible-Book

For the Rental & Leasing Services subindustry, Fuyo General Lease 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.

Fuyo General Lease Co's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fuyo General Lease Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Fuyo General Lease Co's Price-to-Tangible-Book falls into.

Fuyo General Lease Co Price-to-Tangible-Book Calculation

Fuyo General Lease 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 )
	=	12655.00	/	12882.328
	=	0.98

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.

Fuyo General Lease Co Price-to-Tangible-Book Related Terms

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

Fuyo General Lease Co (TSE:8424) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Fuyo General Lease Co Ltd (TSE:8424) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

FXL:Germany

Address

Nichirei Building, 3-3-23, Misaki-cho, Chiyoda-ku, Tokyo, JPN, 1018380

Website

http://www.fgl.co.jp

Fuyo General Lease Co Ltd is Japanese company which is engaged in leasing and installment transactions for machinery and equipment and financial transactions such as the provision of operating loans. The company focuses on using direct and indirect financing to procure funds for purchasing assets to lease or to sell through installment sales and for providing operating loans to customers. It has three reportable segments namely Lease and Installment Sales segment conducts leasing office equipment, industrial machinery and sells commercial equipment, production facilities, medical devices, and other assets on an installment basis; Loans segment which is engaged in commercial lending; and Other segment which invests in marketable securities.

Fuyo General Lease Co (TSE:8424) Headlines

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