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Soiken Holdings (TSE:2385) Price-to-Tangible-Book : 0.69 (As of Jun. 06, 2024)


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

As of today (2024-06-06), Soiken Holdings's share price is 円165.00. Soiken Holdings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円240.06. Hence, Soiken Holdings's Price to Tangible Book Ratio of today is 0.69.

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

TSE:2385' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67   Med: 1.8   Max: 4.82
Current: 0.69

During the past 13 years, Soiken Holdings's highest Price to Tangible Book Ratio was 4.82. The lowest was 0.67. And the median was 1.80.

TSE:2385's Price-to-Tangible-Book is ranked better than
91.3% of 1218 companies
in the Biotechnology industry
Industry Median: 2.825 vs TSE:2385: 0.69

A closely related ratio is called PB Ratio. As of today, Soiken Holdings's share price is 円165.00. Soiken Holdings's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円241.63. Hence, Soiken Holdings's P/B Ratio of today is 0.68.


Soiken Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Soiken 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.

Soiken Holdings Price-to-Tangible-Book Chart

Soiken Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.65 2.49 1.98 1.33 1.13

Soiken Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 0.95 1.13 0.95 0.69 0.67

Competitive Comparison of Soiken Holdings's Price-to-Tangible-Book

For the Biotechnology subindustry, Soiken 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.


Soiken Holdings's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Soiken Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



Soiken Holdings Price-to-Tangible-Book Calculation

Soiken 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 )
=165.00/240.063
=0.69

* 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.


Soiken Holdings Price-to-Tangible-Book Related Terms

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


Soiken Holdings (TSE:2385) Business Description

Traded in Other Exchanges
N/A
Address
1-4-2 Shinsenri-Higashimachi, 13th Floor, Senri Life Science Center, Toyonaka, Osaka, JPN, 560-0082
Soiken Holdings Inc operates as a biotechnology company in Japan. It provides clinical testing for pharmaceutical and food manufacturers that develop drugs and health food products based on biomarkers. It is involved in the marketing research and post-marketing surveillance of health supplements.

Soiken Holdings (TSE:2385) Headlines

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