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Tokyo Century (TSE:8439) Price-to-Tangible-Book : 0.88 (As of May. 25, 2024)


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What is Tokyo Century Price-to-Tangible-Book?

As of today (2024-05-25), Tokyo Century's share price is 円1462.50. Tokyo Century's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円1,659.17. Hence, Tokyo Century's Price to Tangible Book Ratio of today is 0.88.

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

TSE:8439' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.81   Med: 1.26   Max: 1.91
Current: 0.94

During the past 13 years, Tokyo Century's highest Price to Tangible Book Ratio was 1.91. The lowest was 0.81. And the median was 1.26.

TSE:8439's Price-to-Tangible-Book is ranked better than
77.91% of 869 companies
in the Business Services industry
Industry Median: 2.07 vs TSE:8439: 0.94

A closely related ratio is called PB Ratio. As of today, Tokyo Century's share price is 円1462.50. Tokyo Century's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円1,869.89. Hence, Tokyo Century's P/B Ratio of today is 0.78.


Tokyo Century Price-to-Tangible-Book Historical Data

The historical data trend for Tokyo Century'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.

Tokyo Century Price-to-Tangible-Book Chart

Tokyo Century Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.91 0.94 0.81 1.03

Tokyo Century 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.93 0.95 0.92 1.03

Competitive Comparison of Tokyo Century's Price-to-Tangible-Book

For the Rental & Leasing Services subindustry, Tokyo Century'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.


Tokyo Century's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tokyo Century's Price-to-Tangible-Book distribution charts can be found below:

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



Tokyo Century Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1462.50/1659.167
=0.88

* 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.

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

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.


Tokyo Century Price-to-Tangible-Book Related Terms

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


Tokyo Century (TSE:8439) Business Description

Traded in Other Exchanges
Address
World Trade Center Building, 4-1 Hamamatsu-cho 2-chome, Minato-ku, Tokyo, JPN, 1056110
Century Tokyo Leasing Corp is a provider of various leasing and financing solutions. The company offers finance leases and operating leases, automobile leasing, instalment sales, real estate financing, ship financing, aviation financing, and account receivable financing and securitization. Century Tokyo Leasing specialises in information technology related equipment leasing as well as industrial equipment and machinery. The largest end markets for Century Tokyo Leasing are Japan and Ireland.

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