GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kikukawa Enterprise Inc (TSE:6346) » Definitions » PB Ratio

Kikukawa Enterprise (TSE:6346) PB Ratio : 0.50 (As of May. 29, 2024)


View and export this data going back to 1964. Start your Free Trial

What is Kikukawa Enterprise 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 (2024-05-29), Kikukawa Enterprise's share price is 円4620.00. Kikukawa Enterprise's Book Value per Share for the quarter that ended in Dec. 2023 was 円9,216.88. Hence, Kikukawa Enterprise's PB Ratio of today is 0.50.

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

TSE:6346' s PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.44   Max: 1.23
Current: 0.5

During the past 13 years, Kikukawa Enterprise's highest PB Ratio was 1.23. The lowest was 0.32. And the median was 0.44.

TSE:6346's PB Ratio is ranked better than
93.53% of 2938 companies
in the Industrial Products industry
Industry Median: 1.93 vs TSE:6346: 0.50

During the past 12 months, Kikukawa Enterprise's average Book Value Per Share Growth Rate was 3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kikukawa Enterprise was 8.90% per year. The lowest was 0.40% per year. And the median was 4.60% per year.

Back to Basics: PB Ratio


Kikukawa Enterprise PB Ratio Historical Data

The historical data trend for Kikukawa Enterprise'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.

Kikukawa Enterprise PB Ratio Chart

Kikukawa Enterprise Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.42 0.48 0.48 0.41

Kikukawa Enterprise Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.40 0.41 0.46 0.47 0.46

Competitive Comparison of Kikukawa Enterprise's PB Ratio

For the Specialty Industrial Machinery subindustry, Kikukawa Enterprise'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.


Kikukawa Enterprise's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kikukawa Enterprise's PB Ratio distribution charts can be found below:

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



Kikukawa Enterprise 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.

Kikukawa Enterprise's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=4620.00/9216.88
=0.50

* 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.


Kikukawa Enterprise  (TSE:6346) 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.


Kikukawa Enterprise PB Ratio Related Terms

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


Kikukawa Enterprise (TSE:6346) Business Description

Traded in Other Exchanges
N/A
Address
85 Ominato-cho, Ise, Mie Prefecture, JPN
Kikukawa Enterprise Inc is a Japan-based company engages in the manufacture and sale of woodworking equipment and machine tools. Its products include sawmilling machinery, machine tools for processing iron and non-ferrous metals, and machines for fabricating synthetic resin products.

Kikukawa Enterprise (TSE:6346) Headlines

No Headlines