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Toyota Industries (Toyota Industries) PB Ratio : 0.88 (As of Apr. 25, 2024)


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What is Toyota Industries 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 (2024-04-25), Toyota Industries's share price is $94.49. Toyota Industries's Book Value per Share for the quarter that ended in Dec. 2023 was $107.79. Hence, Toyota Industries's PB Ratio of today is 0.88.

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

TYIDY' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.78   Max: 1.07
Current: 0.94

During the past 13 years, Toyota Industries's highest PB Ratio was 1.07. The lowest was 0.52. And the median was 0.78.

TYIDY's PB Ratio is ranked better than
71.43% of 203 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.5 vs TYIDY: 0.94

During the past 12 months, Toyota Industries's average Book Value Per Share Growth Rate was 31.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Toyota Industries was 27.50% per year. The lowest was -16.00% per year. And the median was 7.65% per year.

Back to Basics: PB Ratio


Toyota Industries PB Ratio Historical Data

The historical data trend for Toyota Industries'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.

Toyota Industries PB Ratio Chart

Toyota Industries 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 0.70 0.65 0.95 0.65 0.59

Toyota Industries 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 0.62 0.59 0.70 0.72 0.75

Competitive Comparison of Toyota Industries's PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Toyota Industries'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.


Toyota Industries's PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Toyota Industries's PB Ratio distribution charts can be found below:

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



Toyota Industries 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.

Toyota Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=94.49/107.787
=0.88

* 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.


Toyota Industries  (OTCPK:TYIDY) 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.


Toyota Industries PB Ratio Related Terms

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


Toyota Industries (Toyota Industries) Business Description

Traded in Other Exchanges
Address
2-1, Toyoda-cho, Kariya-shi, Aichi, JPN, 448-8671
Toyota Industries Corp is primarily engaged in manufacturing and sale of automobiles, industrial vehicles, and textile machinery, as well as logistics business. The company manufactures and sells automobiles, engines, foundry pieces and electronic equipment. It also provides forklift trucks, warehouse equipment, automatic warehouse, vehicles for high-place work. In addition, it also engaged in the land transportation service, collection, and delivery service. The business of the group is primarily functioned through Japan and its amplifying internationally. Toyota derives most of the income through the sale of products and recycled waste products.

Toyota Industries (Toyota Industries) Headlines

From GuruFocus

Toyota Industries Leads in High-Tech Automotive and Forklifts

By Holmes Osborne, CFA Holmes Osborne, CFA 05-09-2017