Suminoe Textile Co (TSE:3501) Price-to-Tangible-Book : 0.60 (As of May. 15, 2024)

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What is Suminoe Textile Co Price-to-Tangible-Book?

As of today (2024-05-15), Suminoe Textile Co's share price is 円2664.00. Suminoe Textile Co's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was 円4,425.95. Hence, Suminoe Textile Co's Price to Tangible Book Ratio of today is 0.60.

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

TSE:3501' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37 Med: 0.59 Max: 0.85
Current: 0.6

During the past 13 years, Suminoe Textile Co's highest Price to Tangible Book Ratio was 0.85. The lowest was 0.37. And the median was 0.59.

TSE:3501's Price-to-Tangible-Book is ranked better than
81.38% of 988 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.35 vs TSE:3501: 0.60

A closely related ratio is called PB Ratio. As of today, Suminoe Textile Co's share price is 円2664.00. Suminoe Textile Co's Book Value per Sharefor the quarter that ended in Feb. 2024 was 円4,649.31. Hence, Suminoe Textile Co's P/B Ratio of today is 0.57.

Suminoe Textile Co Price-to-Tangible-Book Historical Data

The historical data trend for Suminoe Textile Co'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.

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Suminoe Textile Co Price-to-Tangible-Book Chart

Suminoe Textile Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.65

0.46

0.45

0.40

0.51

Suminoe Textile Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.48	0.51	0.50	0.48	0.57

Competitive Comparison of Suminoe Textile Co's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, Suminoe Textile Co'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.

Suminoe Textile Co's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Suminoe Textile Co's Price-to-Tangible-Book distribution charts can be found below:

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

Suminoe Textile Co Price-to-Tangible-Book Calculation

Suminoe Textile Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2024 )
	=	2664.00	/	4425.945
	=	0.60

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Suminoe Textile Co Price-to-Tangible-Book Related Terms

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Suminoe Textile Co (TSE:3501) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Suminoe Textile Co Ltd (TSE:3501) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-11-20, Minamisenba, Chuo-ku, Osaka, JPN, 542-8504

Website

http://www.suminoe.jp

Suminoe Textile Co Ltd is a textile company based in Japan. The company is engaged in the following business segment which includes Interior Fittings; Automotive Textiles and Traffic Facilities; Functional Materials and Others. It generates maximum revenue from the Automotive Textiles and Traffic Facilities segment. Geographically, it derives a majority of revenue from Japan and also has a presence in North and Central America; Asia and other Countries.

Suminoe Textile Co (TSE:3501) Headlines

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