Hokuriku Electric Power Co (TSE:9505) Price-to-Tangible-Book : 0.59 (As of Nov. 14, 2024)

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What is Hokuriku Electric Power Co Price-to-Tangible-Book?

As of today (2024-11-14), Hokuriku Electric Power Co's share price is 円982.70. Hokuriku Electric Power Co's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was 円1,664.03. Hence, Hokuriku Electric Power Co's Price to Tangible Book Ratio of today is 0.59.

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

TSE:9505' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.34 Med: 0.57 Max: 1.14
Current: 0.59

During the past 13 years, Hokuriku Electric Power Co's highest Price to Tangible Book Ratio was 1.14. The lowest was 0.34. And the median was 0.57.

TSE:9505's Price-to-Tangible-Book is ranked better than
83.66% of 459 companies
in the Utilities - Regulated industry
Industry Median: 1.87 vs TSE:9505: 0.59

A closely related ratio is called PB Ratio. As of today, Hokuriku Electric Power Co's share price is 円982.70. Hokuriku Electric Power Co's Book Value per Sharefor the quarter that ended in Sep. 2024 was 円1,664.03. Hence, Hokuriku Electric Power Co's P/B Ratio of today is 0.59.

Hokuriku Electric Power Co Price-to-Tangible-Book Historical Data

The historical data trend for Hokuriku Electric Power 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.

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Hokuriku Electric Power Co Price-to-Tangible-Book Chart

Hokuriku Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.49

0.47

0.34

0.53

0.54

Hokuriku Electric Power Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.57	0.51	0.54	-	0.56

Competitive Comparison of Hokuriku Electric Power Co's Price-to-Tangible-Book

For the Utilities - Regulated Electric subindustry, Hokuriku Electric Power 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.

Hokuriku Electric Power Co's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Hokuriku Electric Power Co's Price-to-Tangible-Book falls into.

Hokuriku Electric Power Co Price-to-Tangible-Book Calculation

Hokuriku Electric Power Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2024 )
	=	982.70	/	1664.027
	=	0.59

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.

Hokuriku Electric Power Co Price-to-Tangible-Book Related Terms

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Hokuriku Electric Power Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hokuriku Electric Power Co Inc (TSE:9505) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

6HO:Germany

Address

15-1 Ushijima-cho, Toyama, JPN, 930-8686

Website

http://www.rikuden.co.jp

Hokuriku Electric Power Co Inc is an electric utility company that functions as a regulated monopoly in the Hokuriku region of Japan's main island of Honshu. Hokuriku Electric supplies electricity through power generation, transmission, and distribution. To do this, the company operates a portfolio of hydroelectric, thermal, and nuclear power plants located throughout Japan's Hokuriku region. Most of the total energy produced by Hokuriku Electric comes from its thermal facilities that utilize coal fuel sources. The company primarily generates revenue through the sale of electric power to residential and large-scale industrial customers in the machinery, chemical, and textile sectors.

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