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Shinkin Central Bank (TSE:8421) Book Value per Share : 円199,758.06 (As of Dec. 2023)


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What is Shinkin Central Bank Book Value per Share?

Shinkin Central Bank's book value per share for the quarter that ended in Dec. 2023 was 円199,758.06.

During the past 12 months, Shinkin Central Bank's average Book Value Per Share Growth Rate was 15.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shinkin Central Bank was 9.50% per year. The lowest was -43.10% per year. And the median was -3.40% per year.

Shinkin Central Bank's current price is 円259400.00. Its book value per share for the quarter that ended in Dec. 2023 was 円199,758.06. Hence, today's PB Ratio of Shinkin Central Bank is 1.13.

During the past 13 years, the highest P/B Ratio of Shinkin Central Bank was 1.50. The lowest was 0.63. And the median was 0.96.

Good Sign:

Shinkin Central Bank stock PB Ratio (=1.13) is close to 2-year low of 1.03


Shinkin Central Bank Book Value per Share Historical Data

The historical data trend for Shinkin Central Bank's Book Value per Share 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.

Shinkin Central Bank Book Value per Share Chart

Shinkin Central Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 229,282.28 255,608.34 236,083.79 198,578.16 230,250.35

Shinkin Central Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share 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 198,578.16 201,085.83 187,166.64 199,758.06 230,250.35

Competitive Comparison of Shinkin Central Bank's Book Value per Share

For the Banks - Regional subindustry, Shinkin Central Bank'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.


Shinkin Central Bank's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Shinkin Central Bank's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shinkin Central Bank's PB Ratio falls into.



Shinkin Central Bank Book Value per Share Calculation

Shinkin Central Bank's Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,544,570-0)/7
=230,250.35

Shinkin Central Bank's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,340,021-0)/7
=199,758.06

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Shinkin Central Bank  (TSE:8421) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Shinkin Central Bank Book Value per Share Related Terms

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Shinkin Central Bank (TSE:8421) Business Description

Traded in Other Exchanges
N/A
Address
3-7, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-0028
Shinkin Central Bank provides various financial products and services, including deposit, bond, financing, market operation, securities, and settlement, as well as business support and function supplement for cooperative banks. It uses the funds deposited from Shinkin banks throughout Japan to invest in marketable securities in the financial markets in Japan and overseas. It provides loans to operating companies.

Shinkin Central Bank (TSE:8421) Headlines

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