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Advantage Risk Management Co (TSE:8769) Price-to-Tangible-Book : 7.71 (As of May. 25, 2024)


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What is Advantage Risk Management Co Price-to-Tangible-Book?

As of today (2024-05-25), Advantage Risk Management Co's share price is 円472.00. Advantage Risk Management Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円61.21. Hence, Advantage Risk Management Co's Price to Tangible Book Ratio of today is 7.71.

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

TSE:8769' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.71   Med: 8.73   Max: 21.93
Current: 7.71

During the past 13 years, Advantage Risk Management Co's highest Price to Tangible Book Ratio was 21.93. The lowest was 3.71. And the median was 8.73.

TSE:8769's Price-to-Tangible-Book is ranked worse than
79.29% of 478 companies
in the Healthcare Providers & Services industry
Industry Median: 3.155 vs TSE:8769: 7.71

A closely related ratio is called PB Ratio. As of today, Advantage Risk Management Co's share price is 円472.00. Advantage Risk Management Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円219.92. Hence, Advantage Risk Management Co's P/B Ratio of today is 2.15.


Advantage Risk Management Co Price-to-Tangible-Book Historical Data

The historical data trend for Advantage Risk Management 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.

Advantage Risk Management Co Price-to-Tangible-Book Chart

Advantage Risk Management 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 6.39 3.71 4.97 6.21 5.36

Advantage Risk Management 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 4.99 5.36 8.94 8.51 8.15

Competitive Comparison of Advantage Risk Management Co's Price-to-Tangible-Book

For the Medical Care Facilities subindustry, Advantage Risk Management 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.


Advantage Risk Management Co's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Advantage Risk Management Co's Price-to-Tangible-Book distribution charts can be found below:

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



Advantage Risk Management Co Price-to-Tangible-Book Calculation

Advantage Risk Management 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 )
=472.00/61.208
=7.71

* 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.


Advantage Risk Management Co Price-to-Tangible-Book Related Terms

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


Advantage Risk Management Co (TSE:8769) Business Description

Traded in Other Exchanges
N/A
Address
Nakameguro GT Tower 17F, Tokyo, JPN, 153-0051
Advantage Risk Management Co., Ltd provides mental health management service, disability support service, and risk financing service.

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