GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Iino Kaiun Kaisha Ltd (TSE:9119) » Definitions » PB Ratio

Iino Kaiun Kaisha (TSE:9119) PB Ratio : 1.03 (As of May. 12, 2024)


View and export this data going back to 1949. Start your Free Trial

What is Iino Kaiun Kaisha 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 (2024-05-12), Iino Kaiun Kaisha's share price is 円1290.00. Iino Kaiun Kaisha's Book Value per Share for the quarter that ended in Dec. 2023 was 円1,248.24. Hence, Iino Kaiun Kaisha's PB Ratio of today is 1.03.

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

TSE:9119' s PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.8   Max: 1.4
Current: 1.03

During the past 13 years, Iino Kaiun Kaisha's highest PB Ratio was 1.40. The lowest was 0.38. And the median was 0.80.

TSE:9119's PB Ratio is ranked better than
62.97% of 929 companies
in the Transportation industry
Industry Median: 1.34 vs TSE:9119: 1.03

During the past 12 months, Iino Kaiun Kaisha's average Book Value Per Share Growth Rate was 19.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Iino Kaiun Kaisha was 18.30% per year. The lowest was -3.10% per year. And the median was 4.90% per year.

Back to Basics: PB Ratio


Iino Kaiun Kaisha PB Ratio Historical Data

The historical data trend for Iino Kaiun Kaisha'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.

Iino Kaiun Kaisha PB Ratio Chart

Iino Kaiun Kaisha Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.70 0.96 0.96 0.99

Iino Kaiun Kaisha Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.96 0.78 0.90 1.01 0.99

Competitive Comparison of Iino Kaiun Kaisha's PB Ratio

For the Marine Shipping subindustry, Iino Kaiun Kaisha'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.


Iino Kaiun Kaisha's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Iino Kaiun Kaisha's PB Ratio distribution charts can be found below:

* The bar in red indicates where Iino Kaiun Kaisha's PB Ratio falls into.



Iino Kaiun Kaisha 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.

Iino Kaiun Kaisha's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1290.00/1248.242
=1.03

* 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.


Iino Kaiun Kaisha  (TSE:9119) 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.


Iino Kaiun Kaisha PB Ratio Related Terms

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


Iino Kaiun Kaisha (TSE:9119) Business Description

Traded in Other Exchanges
N/A
Address
Iino Building, 2-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011
Iino Kaiun Kaisha Ltd is a transportation and logistics company domiciled in Japan. The company organises itself into three segments: oceangoing shipping, regional shipping, and real estate. The oceangoing shipping segment, which generates the majority of revenue, owns and operates oil and chemical tankers, large gas carriers to transport liquefied natural and liquefied petroleum gas, and dry bulk carriers. The regional shipping segment operates small gas carriers. The real estate segment invest in and leases office buildings.

Iino Kaiun Kaisha (TSE:9119) Headlines

No Headlines