Mitsubishi UFJ Financial Group (Mitsubishi UFJ Financial Group) Price-to-Tangible-Book

: 0.97 (As of Today)

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As of today (2024-04-20), Mitsubishi UFJ Financial Group's share price is $9.81. Mitsubishi UFJ Financial Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $10.16. Hence, Mitsubishi UFJ Financial Group's Price to Tangible Book Ratio of today is 0.97.

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

MUFG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36 Med: 0.57 Max: 1.03
Current: 1.03

During the past 13 years, Mitsubishi UFJ Financial Group's highest Price to Tangible Book Ratio was 1.03. The lowest was 0.36. And the median was 0.57.

MUFG's Price-to-Tangible-Book is ranked worse than
57.41% of 1444 companies
in the Banks industry
Industry Median: 0.92 vs MUFG: 1.03

A closely related ratio is called PB Ratio. As of today, Mitsubishi UFJ Financial Group's share price is $9.81. Mitsubishi UFJ Financial Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.04. Hence, Mitsubishi UFJ Financial Group's P/B Ratio of today is 0.89.

Mitsubishi UFJ Financial Group Price-to-Tangible-Book Historical Data

The historical data trend for Mitsubishi UFJ Financial Group'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.

Mitsubishi UFJ Financial Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

0.47

0.35

0.49

0.59

0.65

Mitsubishi UFJ Financial Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																0.72	0.65	0.75	0.89	0.85

Competitive Comparison

For the Banks - Diversified subindustry, Mitsubishi UFJ Financial Group'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.

Mitsubishi UFJ Financial Group Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, Mitsubishi UFJ Financial Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mitsubishi UFJ Financial Group's Price-to-Tangible-Book falls into.

Mitsubishi UFJ Financial Group Price-to-Tangible-Book Calculation

Mitsubishi UFJ Financial Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	9.81	/	10.162
	=	0.97

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.

Mitsubishi UFJ Financial Group Price-to-Tangible-Book Related Terms

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Mitsubishi UFJ Financial Group (Mitsubishi UFJ Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MBFJF:USA 8306:Japan MFZA:Germany M1UF34:Brazil MTU:Argentina

Address

7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, JPN, 100-8330

Website

https://www.mufg.jp

Mitsubishi UFJ Financial Group is the largest bank in Japan in terms of market capitalization and assets, with an 8.1% share of all domestic loans as of March 2023. It is the largest non-Chinese bank group globally and has a balance sheet slightly larger than those of JPMorgan Chase and HSBC Holdings. MUFG's operations in Japan account for around half of profit, banking in Thailand and Indonesia for around 15%, and equity-method earnings from Morgan Stanley most of the rest.