Aozora Bank (Aozora Bank) Price-to-Tangible-Book

: 0.69 (As of Today)

View and export this data going back to 2007. Start your Free Trial

As of today (2024-04-24), Aozora Bank's share price is $3.9118. Aozora Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $5.71. Hence, Aozora Bank's Price to Tangible Book Ratio of today is 0.69.

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

AOZOY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.44 Med: 0.79 Max: 1.39
Current: 0.74

During the past 13 years, Aozora Bank's highest Price to Tangible Book Ratio was 1.39. The lowest was 0.44. And the median was 0.79.

AOZOY's Price-to-Tangible-Book is ranked better than
66.44% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs AOZOY: 0.74

A closely related ratio is called PB Ratio. As of today, Aozora Bank's share price is $3.9118. Aozora Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was $5.99. Hence, Aozora Bank's P/B Ratio of today is 0.65.

Aozora Bank Price-to-Tangible-Book Historical Data

The historical data trend for Aozora Bank'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.

Aozora Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.74

0.58

0.64

0.63

0.67

Aozora Bank 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															0.69	0.67	0.74	0.93	0.93

Competitive Comparison

For the Banks - Regional subindustry, Aozora Bank'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.

Aozora Bank Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, Aozora Bank's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Aozora Bank's Price-to-Tangible-Book falls into.

Aozora Bank Price-to-Tangible-Book Calculation

Aozora Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.9118	/	5.708
	=	0.69

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.

Aozora Bank Price-to-Tangible-Book Related Terms

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

Aozora Bank (Aozora Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Aozora Bank Ltd (OTCPK:AOZOY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

8304:Japan AON0:Germany

Address

3-1, Kudan-minami 1-chome, Chiyoda-ku, Tokyo, JPN, 102-8660

Website

http://www.aozorabank.co.jp

Aozora Bank Ltd is a full-service commercial bank with operations primarily in Japan. The bank's activities are divided into six areas of focus, including retail banking, corporate finance, financial institutions, specialty finance, international, and financial markets. Most of its retail banking activities are focused on asset management consulting activities to drive sales of investment products, primarily in investment trusts and structured notes. Corporate finance is mostly focused on providing solutions to small and medium-sized enterprises. Its specialty finance business is mostly focused on real estate and business recovery. Aozora's financial markets business mostly engages in derivatives along with asset and liability management.