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T&D Holdings (T&D Holdings) Price-to-Tangible-Book

: 1.09 (As of Today)
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As of today (2024-04-18), T&D Holdings's share price is $8.07. T&D Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.42. Hence, T&D Holdings's Price to Tangible Book Ratio of today is 1.09.

The historical rank and industry rank for T&D Holdings's Price-to-Tangible-Book or its related term are showing as below:

TDHOY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43   Med: 0.81   Max: 1.26
Current: 1.18

During the past 13 years, T&D Holdings's highest Price to Tangible Book Ratio was 1.26. The lowest was 0.43. And the median was 0.81.

TDHOY's Price-to-Tangible-Book is ranked better than
56.52% of 460 companies
in the Insurance industry
Industry Median: 1.33 vs TDHOY: 1.18

A closely related ratio is called PB Ratio. As of today, T&D Holdings's share price is $8.07. T&D Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.67. Hence, T&D Holdings's P/B Ratio of today is 1.05.


T&D Holdings Price-to-Tangible-Book Historical Data

The historical data trend for T&D Holdings'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.

T&D Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.47 0.55 0.68 0.95

T&D Holdings 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 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 Premium Member Only Premium Member Only Premium Member Only 1.28 0.95 1.00 1.20 1.04

Competitive Comparison

For the Insurance - Life subindustry, T&D Holdings'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.


T&D Holdings Price-to-Tangible-Book Distribution

For the Insurance industry and Financial Services sector, T&D Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where T&D Holdings's Price-to-Tangible-Book falls into.



T&D Holdings Price-to-Tangible-Book Calculation

T&D Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=8.07/7.415
=1.09

* 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.


T&D Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of T&D Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


T&D Holdings (T&D Holdings) Business Description

Traded in Other Exchanges
Address
2-7-1, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-6031
T&D Holdings Inc is a Japanese holding company. It manages life insurance business. The company has three reportable segments namely Taiyo Life Insurance Company, Daido Life Insurance Company and T&D Financial Life Insurance Company. Each of the segment focuses on different markets. Taiyo Life focuses on the retail households market, Daido Life focuses on the small- and medium-sized entities market and T&D Financial Life focuses on over-the-counter sales at financial institutions and other agents. The company earns the majority of its revenue from Taiyo Life Insurance Company and Daido Life Insurance Company.

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