SYLA Technologies Co (SYLA Technologies Co) Price-to-Tangible-Book : 1.42 (As of May. 12, 2024)

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What is SYLA Technologies Co Price-to-Tangible-Book?

As of today (2024-05-12), SYLA Technologies Co's share price is $3.01. SYLA Technologies Co's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $2.12. Hence, SYLA Technologies Co's Price to Tangible Book Ratio of today is 1.42.

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

SYT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.42 Med: 3.41 Max: 3.41
Current: 1.42

During the past 3 years, SYLA Technologies Co's highest Price to Tangible Book Ratio was 3.41. The lowest was 1.42. And the median was 3.41.

SYT's Price-to-Tangible-Book is ranked better than
84.67% of 2088 companies
in the Software industry
Industry Median: 3.61 vs SYT: 1.42

A closely related ratio is called PB Ratio. As of today, SYLA Technologies Co's share price is $3.01. SYLA Technologies Co's Book Value per Sharefor the quarter that ended in Jun. 2023 was $2.38. Hence, SYLA Technologies Co's P/B Ratio of today is 1.26.

SYLA Technologies Co Price-to-Tangible-Book Historical Data

The historical data trend for SYLA Technologies 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.

SYLA Technologies Co Price-to-Tangible-Book Chart

SYLA Technologies Co Annual Data

Trend

Dec20

Dec21

Dec22

Price-to-Tangible-Book

SYLA Technologies Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	3.41

Competitive Comparison of SYLA Technologies Co's Price-to-Tangible-Book

For the Software - Application subindustry, SYLA Technologies 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.

SYLA Technologies Co's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, SYLA Technologies Co's Price-to-Tangible-Book distribution charts can be found below:

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

SYLA Technologies Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	3.01	/	2.12
	=	1.42

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.

SYLA Technologies Co Price-to-Tangible-Book Related Terms

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

SYLA Technologies Co (SYLA Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SYLA Technologies Co Ltd (NAS:SYT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-39 Hiroo, Ebisu Prime Square 7th Floor, Shibuya-ku, Tokyo, JPN

Website

https://www.syla-tech.jp

SYLA Technologies Co Ltd is a property technology company. It provides asset management platform systems that facilitate real estate crowd-funding as well as the purchase and sale of real estate.