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Angel Group (TSE:5534) Price-to-Tangible-Book : 0.31 (As of Jun. 18, 2024)


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What is Angel Group Price-to-Tangible-Book?

As of today (2024-06-18), Angel Group's share price is 円850.00. Angel Group's Tangible Book per Share of Feb. 2023 for the quarter that ended in Feb. 2023 was 円2,746.47. Hence, Angel Group's Price to Tangible Book Ratio of today is 0.31.

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

TSE:5534's Price-to-Tangible-Book is not ranked *
in the Real Estate industry.
Industry Median: 0.81
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Angel Group's share price is 円850.00. Angel Group's Book Value per Sharefor the quarter that ended in Feb. 2023 was 円2,752.73. Hence, Angel Group's P/B Ratio of today is 0.31.


Angel Group Price-to-Tangible-Book Historical Data

The historical data trend for Angel Group'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.

Angel Group Price-to-Tangible-Book Chart

Angel Group Annual Data
Trend Aug21 Aug22
Price-to-Tangible-Book
- -

Angel Group Semi-Annual Data
Aug21 Aug22 Feb23
Price-to-Tangible-Book - - -

Competitive Comparison of Angel Group's Price-to-Tangible-Book

For the Real Estate Services subindustry, Angel Group'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.


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

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

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



Angel Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2023 )
=850.00/2746.471
=0.31

* 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.


Angel Group Price-to-Tangible-Book Related Terms

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


Angel Group (TSE:5534) Business Description

Traded in Other Exchanges
N/A
Address
1-1-15 Yuzawa,, Minamiuonumagun Yuzawamachi, Niigata, JPN, 949-6101
Angel Group Inc engages in offering comprehensive business services including resort hotel Accommodation business, resort condominium management business, villa area management business, resort real estate sales brokerage business and other ancillary businesses.

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