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Hakuten (TSE:2173) PB Ratio : 3.43 (As of Sep. 20, 2024)


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What is Hakuten PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-09-20), Hakuten's share price is 円698.00. Hakuten's Book Value per Share for the quarter that ended in Jun. 2024 was 円203.30. Hence, Hakuten's PB Ratio of today is 3.43.

The historical rank and industry rank for Hakuten's PB Ratio or its related term are showing as below:

TSE:2173' s PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.99   Max: 6.64
Current: 3.43

During the past 13 years, Hakuten's highest PB Ratio was 6.64. The lowest was 1.35. And the median was 2.99.

TSE:2173's PB Ratio is ranked worse than
79.66% of 944 companies
in the Media - Diversified industry
Industry Median: 1.41 vs TSE:2173: 3.43

During the past 12 months, Hakuten's average Book Value Per Share Growth Rate was 65.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 20.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hakuten was 22.30% per year. The lowest was -11.20% per year. And the median was 2.15% per year.

Back to Basics: PB Ratio


Hakuten PB Ratio Historical Data

The historical data trend for Hakuten's PB Ratio 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.

Hakuten PB Ratio Chart

Hakuten Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.41 5.79 1.95 3.18 2.37

Hakuten Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
PB Ratio 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 2.85 2.56 - 3.82 2.50

Competitive Comparison of Hakuten's PB Ratio

For the Advertising Agencies subindustry, Hakuten's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Hakuten's PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hakuten's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hakuten's PB Ratio falls into.



Hakuten PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Hakuten's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=698.00/203.298
=3.43

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Hakuten  (TSE:2173) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Hakuten PB Ratio Related Terms

Thank you for viewing the detailed overview of Hakuten's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hakuten Business Description

Traded in Other Exchanges
N/A
Address
13-14, Tsukiji 1-chome, NBF Higashi-Ginza Square 9F, Chuo-ku, Tokyo, JPN, 104-0045
Hakuten Corp is a Japan-based company engages in producing and sponsoring event promotions, exhibitions, business meetings, private shows, conferences, and conventions, among others. It is also engaged in the design, construction, and supervision of commercial spaces, such as road shows, conferences, and ceremonies, as well as the provision of digital marketing solutions.

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