Yamaichi Uniheim Real Estate Co (TSE:2984) PB Ratio : 0.54 (As of May. 21, 2024)

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What is Yamaichi Uniheim Real Estate Co 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 (2024-05-21), Yamaichi Uniheim Real Estate Co's share price is 円841.00. Yamaichi Uniheim Real Estate Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円1,553.38. Hence, Yamaichi Uniheim Real Estate Co's PB Ratio of today is 0.54.

Good Sign:

Yamaichi Uniheim Real Estate Co Ltd stock PB Ratio (=0.55) is close to 2-year low of 0.51

The historical rank and industry rank for Yamaichi Uniheim Real Estate Co's PB Ratio or its related term are showing as below:

TSE:2984' s PB Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.59 Max: 0.67
Current: 0.54

During the past 6 years, Yamaichi Uniheim Real Estate Co's highest PB Ratio was 0.67. The lowest was 0.51. And the median was 0.59.

TSE:2984's PB Ratio is ranked better than
68.15% of 1758 companies
in the Real Estate industry
Industry Median: 0.83 vs TSE:2984: 0.54

During the past 12 months, Yamaichi Uniheim Real Estate Co's average Book Value Per Share Growth Rate was 2.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.90% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Yamaichi Uniheim Real Estate Co was 31.10% per year. The lowest was 23.60% per year. And the median was 24.60% per year.

Back to Basics: PB Ratio

Yamaichi Uniheim Real Estate Co PB Ratio Historical Data

The historical data trend for Yamaichi Uniheim Real Estate Co'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.

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Yamaichi Uniheim Real Estate Co PB Ratio Chart

Yamaichi Uniheim Real Estate Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.62

Yamaichi Uniheim Real Estate Co Quarterly Data
	Mar18	Mar19	Dec19	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial									0.52	0.62	0.62	0.61	0.62

Competitive Comparison of Yamaichi Uniheim Real Estate Co's PB Ratio

For the Real Estate - Development subindustry, Yamaichi Uniheim Real Estate Co'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.

Yamaichi Uniheim Real Estate Co's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yamaichi Uniheim Real Estate Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Yamaichi Uniheim Real Estate Co's PB Ratio falls into.

Yamaichi Uniheim Real Estate Co 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.

Yamaichi Uniheim Real Estate Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	841.00	/	1553.379
	=	0.54

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Yamaichi Uniheim Real Estate Co (TSE:2984) 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.

Yamaichi Uniheim Real Estate Co PB Ratio Related Terms

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Yamaichi Uniheim Real Estate Co (TSE:2984) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yamaichi Uniheim Real Estate Co Ltd (TSE:2984) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wakayama Nakanoshima 1518, Nakanoshima 801 building 5 floor, Yubinbango, Osaka, JPN, 640-8392

Website

https://www.yg801.jp

Yamaichi Real Estate Co Ltd is a real estate development company engaged in provision of sales, leasing, management and brokerage services. The company develops commercial land, business land, residential land, condominiums and rental condominiums. Its development business ranges from residential areas to business sites such as factories and warehouses, urban commercial facilities, and suburban commercial facilities.

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