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Hachijuni Bank (Hachijuni Bank) Price-to-Tangible-Book : 0.45 (As of Apr. 26, 2024)


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What is Hachijuni Bank Price-to-Tangible-Book?

As of today (2024-04-26), Hachijuni Bank's share price is $66.54. Hachijuni Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $147.81. Hence, Hachijuni Bank's Price to Tangible Book Ratio of today is 0.45.

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

HACBY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.19   Med: 0.33   Max: 0.7
Current: 0.48

During the past 13 years, Hachijuni Bank's highest Price to Tangible Book Ratio was 0.70. The lowest was 0.19. And the median was 0.33.

HACBY's Price-to-Tangible-Book is ranked better than
83.87% of 1438 companies
in the Banks industry
Industry Median: 0.93 vs HACBY: 0.48

A closely related ratio is called PB Ratio. As of today, Hachijuni Bank's share price is $66.54. Hachijuni Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was $148.47. Hence, Hachijuni Bank's P/B Ratio of today is 0.45.


Hachijuni Bank Price-to-Tangible-Book Historical Data

The historical data trend for Hachijuni Bank'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.

Hachijuni Bank Price-to-Tangible-Book Chart

Hachijuni Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.27 0.22 0.23 0.33

Hachijuni Bank 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 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 0.31 0.33 0.30 0.41 0.36

Competitive Comparison of Hachijuni Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Hachijuni Bank'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.


Hachijuni Bank's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Hachijuni Bank Price-to-Tangible-Book Calculation

Hachijuni Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=66.54/147.805
=0.45

* 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.


Hachijuni Bank Price-to-Tangible-Book Related Terms

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


Hachijuni Bank (Hachijuni Bank) Business Description

Traded in Other Exchanges
Address
178-8 Okada, Nagano, JPN, 380-8682
Hachijuni Bank Ltd is a Japan-based company that is principally engaged in banking. The company is a regional bank, with its business mainly based in Nagano Prefecture. The company's core business segments consist of the leasing business segment and the banking business segment, which includes the banking and credit card businesses. The company generates the majority of revenue from the banking business segment. The majority of its branches are located in certain areas of Japan, and the firm also has a business presence in overseas markets such as Hong Kong, Dalian, Shanghai, and Bangkok.

Hachijuni Bank (Hachijuni Bank) Headlines

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