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Cluster Technology Co (TSE:4240) Price-to-Tangible-Book : 1.16 (As of May. 22, 2024)


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What is Cluster Technology Co Price-to-Tangible-Book?

As of today (2024-05-22), Cluster Technology Co's share price is 円309.00. Cluster Technology Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円267.28. Hence, Cluster Technology Co's Price to Tangible Book Ratio of today is 1.16.

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

TSE:4240' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.16   Med: 1.83   Max: 3.14
Current: 1.16

During the past 13 years, Cluster Technology Co's highest Price to Tangible Book Ratio was 3.14. The lowest was 1.16. And the median was 1.83.

TSE:4240's Price-to-Tangible-Book is ranked better than
75.7% of 2300 companies
in the Hardware industry
Industry Median: 2.06 vs TSE:4240: 1.16

A closely related ratio is called PB Ratio. As of today, Cluster Technology Co's share price is 円309.00. Cluster Technology Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円268.59. Hence, Cluster Technology Co's P/B Ratio of today is 1.15.


Cluster Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Cluster Technology 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.

Cluster Technology Co Price-to-Tangible-Book Chart

Cluster Technology Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 1.53 1.81 1.47 1.37

Cluster Technology 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 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 1.49 1.37 1.36 1.42 1.39

Competitive Comparison of Cluster Technology Co's Price-to-Tangible-Book

For the Electronic Components subindustry, Cluster Technology 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.


Cluster Technology Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cluster Technology Co's Price-to-Tangible-Book distribution charts can be found below:

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



Cluster Technology Co Price-to-Tangible-Book Calculation

Cluster Technology 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 )
=309.00/267.278
=1.16

* 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.


Cluster Technology Co Price-to-Tangible-Book Related Terms

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


Cluster Technology Co (TSE:4240) Business Description

Traded in Other Exchanges
N/A
Address
5-28, 4-chome, Shibukawa-cho Higashi Osaka, Osaka prefecture, Osaka, JPN, 577-0836
Cluster Technology Co Ltd develops and manufactures composite materials and Nano-micromachining including metal mold making. It also manufactures and sale molding dies, plastic molding materials. Its nanotechnology/microtechnology business products include sensor holders for autofocus of digital single lens reflex cameras, peripheral parts of image sensors, base parts of inkjet heads.

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