Seiren Co (TSE:3569) Price-to-Tangible-Book : 1.17 (As of May. 14, 2024)

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What is Seiren Co Price-to-Tangible-Book?

As of today (2024-05-14), Seiren Co's share price is 円2515.00. Seiren Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円2,147.79. Hence, Seiren Co's Price to Tangible Book Ratio of today is 1.17.

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

TSE:3569' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91 Med: 1.21 Max: 1.8
Current: 1.17

During the past 13 years, Seiren Co's highest Price to Tangible Book Ratio was 1.80. The lowest was 0.91. And the median was 1.21.

TSE:3569's Price-to-Tangible-Book is ranked better than
55.61% of 989 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.34 vs TSE:3569: 1.17

A closely related ratio is called PB Ratio. As of today, Seiren Co's share price is 円2515.00. Seiren Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円2,215.71. Hence, Seiren Co's P/B Ratio of today is 1.14.

Seiren Co Price-to-Tangible-Book Historical Data

The historical data trend for Seiren 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.

* Premium members only.

Seiren Co Price-to-Tangible-Book Chart

Seiren Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.30

0.96

1.36

1.37

1.22

Seiren Co 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															1.27	1.22	1.25	1.12	1.15

Competitive Comparison of Seiren Co's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, Seiren 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.

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

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

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

Seiren Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2515.00	/	2147.785
	=	1.17

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.

Seiren Co Price-to-Tangible-Book Related Terms

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

Seiren Co (TSE:3569) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Seiren Co Ltd (TSE:3569) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-10-1 Keya, Fukui-ku, Fukui, JPN, 918-8003

Website

http://www.seiren.com

Seiren Co Ltd is a Japan-based fiber manufacturing company. It is a dyeing processor of filament fibers. The company also produces silk, synthetic fibers and textile products used in household interior and apparel. It manufactures industrial materials including automobile interiors such as seats and air bags. The company's segment includes Automotive Interior, High Fashion, Electronics, Environment and Life Materials, Medical and Other. The company generates the majority of its revenue from the Automotive Interior segment.

Seiren Co (TSE:3569) Headlines

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