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Morita Holdings (Morita Holdings) Price-to-Tangible-Book : 0.48 (As of May. 25, 2024)


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What is Morita Holdings Price-to-Tangible-Book?

As of today (2024-05-25), Morita Holdings's share price is $6.1853. Morita Holdings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $13.00. Hence, Morita Holdings's Price to Tangible Book Ratio of today is 0.48.

The historical rank and industry rank for Morita Holdings's Price-to-Tangible-Book or its related term are showing as below:

MRTAF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7   Med: 1.11   Max: 1.61
Current: 0.85

During the past 13 years, Morita Holdings's highest Price to Tangible Book Ratio was 1.61. The lowest was 0.70. And the median was 1.11.

MRTAF's Price-to-Tangible-Book is ranked better than
83.76% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs MRTAF: 0.85

A closely related ratio is called PB Ratio. As of today, Morita Holdings's share price is $6.1853. Morita Holdings's Book Value per Sharefor the quarter that ended in Mar. 2024 was $13.33. Hence, Morita Holdings's P/B Ratio of today is 0.46.


Morita Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Morita Holdings's Price-to-Tangible-Book 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.

Morita Holdings Price-to-Tangible-Book Chart

Morita Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
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Morita Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Morita Holdings's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Morita Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Morita Holdings's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morita Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Morita Holdings's Price-to-Tangible-Book falls into.



Morita Holdings Price-to-Tangible-Book Calculation

Morita Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=6.1853/13.004
=0.48

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


Be Aware

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


Morita Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Morita Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Morita Holdings (Morita Holdings) Business Description

Traded in Other Exchanges
Address
Doshumachi 3-6-1, Keihanshin Midosuji Building 12th Floor, Chuo-ku, Osaka, JPN, 541-0045
Morita Holdings Corp and its subsidiaries are in the business of manufacturing and selling fire trucks, fire extinguishers and equipment, recycling machines, environmental conservation vehicles and support wear and also manufacturing and sales of electronic applied machinery and information processing machinery, fabrication repair and sales of specialized vehicles.

Morita Holdings (Morita Holdings) Headlines

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