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Meiho Enterprise Co (TSE:8927) Price-to-Tangible-Book : 1.38 (As of Jun. 06, 2024)


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What is Meiho Enterprise Co Price-to-Tangible-Book?

As of today (2024-06-06), Meiho Enterprise Co's share price is 円354.00. Meiho Enterprise Co's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was 円256.27. Hence, Meiho Enterprise Co's Price to Tangible Book Ratio of today is 1.38.

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

TSE:8927' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79   Med: 1.28   Max: 4.14
Current: 1.38

During the past 13 years, Meiho Enterprise Co's highest Price to Tangible Book Ratio was 4.14. The lowest was 0.79. And the median was 1.28.

TSE:8927's Price-to-Tangible-Book is ranked worse than
72.21% of 1709 companies
in the Real Estate industry
Industry Median: 0.82 vs TSE:8927: 1.38

A closely related ratio is called PB Ratio. As of today, Meiho Enterprise Co's share price is 円354.00. Meiho Enterprise Co's Book Value per Sharefor the quarter that ended in Jan. 2024 was 円256.90. Hence, Meiho Enterprise Co's P/B Ratio of today is 1.38.


Meiho Enterprise Co Price-to-Tangible-Book Historical Data

The historical data trend for Meiho Enterprise 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.

Meiho Enterprise Co Price-to-Tangible-Book Chart

Meiho Enterprise Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 1.10 1.06 0.79 0.96

Meiho Enterprise 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 0.87 0.99 0.96 0.96 0.98

Competitive Comparison of Meiho Enterprise Co's Price-to-Tangible-Book

For the Real Estate - Diversified subindustry, Meiho Enterprise 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.


Meiho Enterprise Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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



Meiho Enterprise Co Price-to-Tangible-Book Calculation

Meiho Enterprise 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 )
=354.00/256.267
=1.38

* 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.


Meiho Enterprise Co Price-to-Tangible-Book Related Terms

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


Meiho Enterprise Co (TSE:8927) Business Description

Traded in Other Exchanges
N/A
Address
2-10-11 Meguro, Meguro-ku, 5th Floor Meguro Yamate Place, Tokyo, JPN, 153-0063
Meiho Enterprise Co Ltd is a real estate company engaged in the sale of residential properties. Its business is divided into Real estate development/sales business;Real estate leasing business; and Real estate brokerage business.

Meiho Enterprise Co (TSE:8927) Headlines

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