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TEAR (TSE:2485) Price-to-Tangible-Book : 14.09 (As of May. 20, 2024)


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What is TEAR Price-to-Tangible-Book?

As of today (2024-05-20), TEAR's share price is 円461.00. TEAR's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円32.72. Hence, TEAR's Price to Tangible Book Ratio of today is 14.09.

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

TSE:2485' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.01   Med: 2.01   Max: 14.09
Current: 14.09

During the past 13 years, TEAR's highest Price to Tangible Book Ratio was 14.09. The lowest was 1.01. And the median was 2.01.

TSE:2485's Price-to-Tangible-Book is ranked worse than
93.42% of 76 companies
in the Personal Services industry
Industry Median: 2.48 vs TSE:2485: 14.09

A closely related ratio is called PB Ratio. As of today, TEAR's share price is 円461.00. TEAR's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円346.77. Hence, TEAR's P/B Ratio of today is 1.33.


TEAR Price-to-Tangible-Book Historical Data

The historical data trend for TEAR'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.

TEAR Price-to-Tangible-Book Chart

TEAR Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 1.10 1.25 1.27 1.33

TEAR Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.26 1.24 1.34 1.33 14.00

Competitive Comparison of TEAR's Price-to-Tangible-Book

For the Personal Services subindustry, TEAR'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.


TEAR's Price-to-Tangible-Book Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, TEAR's Price-to-Tangible-Book distribution charts can be found below:

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



TEAR Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=461.00/32.716
=14.09

* 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.


TEAR Price-to-Tangible-Book Related Terms

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


TEAR (TSE:2485) Business Description

Traded in Other Exchanges
Address
3-35-1, Kurokawahontori, Nagoya, JPN
TEAR Corp is engaged in the subcontracting of funeral services and legal requirements. The company also provides follow up according to contents of bereaved families and propose funeral business entrants and know how provided by franchise.

TEAR (TSE:2485) Headlines

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