Daiwa Tsushin Co (TSE:7116) Price-to-Tangible-Book : 1.18 (As of Jun. 05, 2024)

View and export this data going back to 2022. Start your Free Trial

What is Daiwa Tsushin Co Price-to-Tangible-Book?

As of today (2024-06-05), Daiwa Tsushin Co's share price is 円1117.00. Daiwa Tsushin Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円943.28. Hence, Daiwa Tsushin Co's Price to Tangible Book Ratio of today is 1.18.

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

TSE:7116' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.18 Med: 1.66 Max: 2.23
Current: 1.18

During the past 3 years, Daiwa Tsushin Co's highest Price to Tangible Book Ratio was 2.23. The lowest was 1.18. And the median was 1.66.

TSE:7116's Price-to-Tangible-Book is ranked better than
69.55% of 867 companies
in the Business Services industry
Industry Median: 2.03 vs TSE:7116: 1.18

A closely related ratio is called PB Ratio. As of today, Daiwa Tsushin Co's share price is 円1117.00. Daiwa Tsushin Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円945.94. Hence, Daiwa Tsushin Co's P/B Ratio of today is 1.18.

Daiwa Tsushin Co Price-to-Tangible-Book Historical Data

The historical data trend for Daiwa Tsushin 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.

Daiwa Tsushin Co Price-to-Tangible-Book Chart

Daiwa Tsushin Co Annual Data

Trend

Mar21

Mar22

Mar23

Price-to-Tangible-Book

1.94

Daiwa Tsushin Co Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.60	1.94	2.23	1.66	1.51

Competitive Comparison of Daiwa Tsushin Co's Price-to-Tangible-Book

For the Security & Protection Services subindustry, Daiwa Tsushin 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.

Daiwa Tsushin Co's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Daiwa Tsushin Co's Price-to-Tangible-Book distribution charts can be found below:

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

Daiwa Tsushin Co Price-to-Tangible-Book Calculation

Daiwa Tsushin 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 )
	=	1117.00	/	943.283
	=	1.18

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.

Daiwa Tsushin Co Price-to-Tangible-Book Related Terms

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

Daiwa Tsushin Co (TSE:7116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Daiwa Tsushin Co Ltd (TSE:7116) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-180 Irie, Kanazawa-shi, Ishikawa, JPN, 921-8011

Website

https://www.daiwawa.com

Daiwa Tsushin Co Ltd operates in the security business. It is engaged in the planning and sales of security cameras, provision of solutions using face recognition technology and mobile business.

Daiwa Tsushin Co (TSE:7116) Headlines

No Headlines