GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Niigata Kotsu Co Ltd (TSE:9017) » Definitions » Price-to-Tangible-Book

Niigata Kotsu Co (TSE:9017) Price-to-Tangible-Book : 0.45 (As of May. 25, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Niigata Kotsu Co Price-to-Tangible-Book?

As of today (2024-05-25), Niigata Kotsu Co's share price is 円2041.00. Niigata Kotsu Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円4,573.89. Hence, Niigata Kotsu Co's Price to Tangible Book Ratio of today is 0.45.

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

TSE:9017' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.44   Med: 0.48   Max: 0.7
Current: 0.45

During the past 13 years, Niigata Kotsu Co's highest Price to Tangible Book Ratio was 0.70. The lowest was 0.44. And the median was 0.48.

TSE:9017's Price-to-Tangible-Book is ranked better than
92.02% of 877 companies
in the Transportation industry
Industry Median: 1.41 vs TSE:9017: 0.45

A closely related ratio is called PB Ratio. As of today, Niigata Kotsu Co's share price is 円2041.00. Niigata Kotsu Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円4,656.17. Hence, Niigata Kotsu Co's P/B Ratio of today is 0.44.


Niigata Kotsu Co Price-to-Tangible-Book Historical Data

The historical data trend for Niigata Kotsu 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.

Niigata Kotsu Co Price-to-Tangible-Book Chart

Niigata Kotsu 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 0.46 0.44 0.47 0.48 0.47

Niigata Kotsu 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 0.48 0.47 0.46 0.45 0.45

Competitive Comparison of Niigata Kotsu Co's Price-to-Tangible-Book

For the Railroads subindustry, Niigata Kotsu 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.


Niigata Kotsu Co's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Niigata Kotsu Co's Price-to-Tangible-Book distribution charts can be found below:

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



Niigata Kotsu Co Price-to-Tangible-Book Calculation

Niigata Kotsu 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 )
=2041.00/4573.885
=0.45

* 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.


Niigata Kotsu Co Price-to-Tangible-Book Related Terms

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


Niigata Kotsu Co (TSE:9017) Business Description

Traded in Other Exchanges
N/A
Address
1-6-1 Bandai Chuo-ku, Niigata, JPN, 950-8544
Niigata Kotsu Co.Ltd. provides passenger transport services in Japan. The company's core business activities are categorised into four key segments - Transport, Real Estate, Products Sales, and Ryokan Business. The majority of its revenue is derived from the Transport business segment. It offers stagecoach bus and coach services; hotel and restaurant services; advertising agency services; air transport agency services. In addition, the company is involved in the parking lot management.

Niigata Kotsu Co (TSE:9017) Headlines

No Headlines