THK Co (THK Co) Price-to-Tangible-Book

: 1.07 (As of Today)

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As of today (2024-04-19), THK Co's share price is $10.536. THK Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $9.85. Hence, THK Co's Price to Tangible Book Ratio of today is 1.07.

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

THKLY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96 Med: 1.31 Max: 1.7
Current: 1.16

During the past 13 years, THK Co's highest Price to Tangible Book Ratio was 1.70. The lowest was 0.96. And the median was 1.31.

THKLY's Price-to-Tangible-Book is ranked better than
74.44% of 2821 companies
in the Industrial Products industry
Industry Median: 2.06 vs THKLY: 1.16

A closely related ratio is called PB Ratio. As of today, THK Co's share price is $10.536. THK Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $10.12. Hence, THK Co's P/B Ratio of today is 1.04.

THK Co Price-to-Tangible-Book Historical Data

The historical data trend for THK 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.

* Premium members only.

THK Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.44

1.72

1.20

0.97

0.98

THK Co 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																0.97	1.16	1.01	0.93	0.98

Competitive Comparison

For the Specialty Industrial Machinery subindustry, THK 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.

THK Co Price-to-Tangible-Book Distribution

For the Industrial Products industry and Industrials sector, THK Co's Price-to-Tangible-Book distribution charts can be found below:

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

THK Co Price-to-Tangible-Book Calculation

THK Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	10.536	/	9.851
	=	1.07

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.

THK Co Price-to-Tangible-Book Related Terms

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

THK Co (THK Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » THK Co Ltd (OTCPK:THKLY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

6481:Japan 1TK:Germany

Address

3-11-6, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8503

Website

http://www.thk.com

THK Co Ltd is a Japan-based company that primarily manufactures machinery parts, including linear motion guides and ball screws, and transportation-equipment-related parts. The company operates through two segments. The industrial machinery segment provides products that are essential components in the production of machine tools and semiconductor production equipment. This segment also manufactures and sells electric actuators and unit products. The automotive and transportation segment develops and provides automotive components that support vehicles' basic functions. The company generates the majority of its revenue from the Japanese domestic market.