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Tomoe Engineering Co (TSE:6309) Price-to-Tangible-Book : 1.15 (As of May. 27, 2024)


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What is Tomoe Engineering Co Price-to-Tangible-Book?

As of today (2024-05-27), Tomoe Engineering Co's share price is 円4245.00. Tomoe Engineering Co's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was 円3,687.96. Hence, Tomoe Engineering Co's Price to Tangible Book Ratio of today is 1.15.

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

TSE:6309' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58   Med: 0.71   Max: 1.15
Current: 1.15

During the past 13 years, Tomoe Engineering Co's highest Price to Tangible Book Ratio was 1.15. The lowest was 0.58. And the median was 0.71.

TSE:6309's Price-to-Tangible-Book is ranked better than
76.92% of 2834 companies
in the Industrial Products industry
Industry Median: 2.12 vs TSE:6309: 1.15

A closely related ratio is called PB Ratio. As of today, Tomoe Engineering Co's share price is 円4245.00. Tomoe Engineering Co's Book Value per Sharefor the quarter that ended in Jan. 2024 was 円3,700.54. Hence, Tomoe Engineering Co's P/B Ratio of today is 1.15.


Tomoe Engineering Co Price-to-Tangible-Book Historical Data

The historical data trend for Tomoe Engineering 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.

Tomoe Engineering Co Price-to-Tangible-Book Chart

Tomoe Engineering Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.66 0.71 0.69 0.72

Tomoe Engineering Co 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 0.72 0.69 0.82 0.72 1.00

Competitive Comparison of Tomoe Engineering Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Tomoe Engineering 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.


Tomoe Engineering Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tomoe Engineering Co's Price-to-Tangible-Book distribution charts can be found below:

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



Tomoe Engineering Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=4245.00/3687.956
=1.15

* 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.


Tomoe Engineering Co Price-to-Tangible-Book Related Terms

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


Tomoe Engineering Co (TSE:6309) Business Description

Traded in Other Exchanges
N/A
Address
12F Art-Village Osaki Centraltower, 1-2-2 Osaki, Shinagawa-ku, Tokyo, JPN, 141-0032
Tomoe Engineering Co Ltd is engaged in the manufacture and distribution of machinery. The product line includes - HED type centrifugal dehydrator, Tomoe belt concentrator, and rotary pressurized dehydrator, and others. The company is also involved in the import and export of synthetic resins, industrial chemicals, inorganic materials, electronic materials, liquors, and related products.

Tomoe Engineering Co (TSE:6309) Headlines

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