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LeTech (TSE:3497) Price-to-Tangible-Book : 1.09 (As of May. 15, 2024)


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What is LeTech Price-to-Tangible-Book?

As of today (2024-05-15), LeTech's share price is 円1136.00. LeTech's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was 円1,046.40. Hence, LeTech's Price to Tangible Book Ratio of today is 1.09.

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

TSE:3497' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.64   Med: 0.95   Max: 58.55
Current: 1.09

During the past 8 years, LeTech's highest Price to Tangible Book Ratio was 58.55. The lowest was 0.64. And the median was 0.95.

TSE:3497's Price-to-Tangible-Book is ranked worse than
63.71% of 1725 companies
in the Real Estate industry
Industry Median: 0.83 vs TSE:3497: 1.09

A closely related ratio is called PB Ratio. As of today, LeTech's share price is 円1136.00. LeTech's Book Value per Sharefor the quarter that ended in Jan. 2024 was 円1,054.74. Hence, LeTech's P/B Ratio of today is 1.08.


LeTech Price-to-Tangible-Book Historical Data

The historical data trend for LeTech'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.

LeTech Price-to-Tangible-Book Chart

LeTech Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.91 0.64 0.68 58.55 1.32

LeTech Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.94 1.19 1.32 0.91 0.96

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

For the Real Estate Services subindustry, LeTech'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.


LeTech's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, LeTech's Price-to-Tangible-Book distribution charts can be found below:

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



LeTech Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=1136.00/1046.395
=1.09

* 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.


LeTech Price-to-Tangible-Book Related Terms

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


LeTech (TSE:3497) Business Description

Traded in Other Exchanges
N/A
Address
3-3 Doyama-cho, 10th floor, Nihon Seimei Umeda Building, Kita-ku, Osaka-shi, Osaka, JPN, 530-0027
LeTech Corp is engaged in the real estate solutions business, real estate leasing business, real estate consulting business, facility management business and others.

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