Daiwa Securities Group (Daiwa Securities Group) Price-to-Tangible-Book : 1.00 (As of Apr. 26, 2024)

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What is Daiwa Securities Group Price-to-Tangible-Book?

As of today (2024-04-26), Daiwa Securities Group's share price is $6.59. Daiwa Securities Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.56. Hence, Daiwa Securities Group's Price to Tangible Book Ratio of today is 1.00.

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

DSECF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58 Med: 0.87 Max: 1.38
Current: 1.12

During the past 13 years, Daiwa Securities Group's highest Price to Tangible Book Ratio was 1.38. The lowest was 0.58. And the median was 0.87.

DSECF's Price-to-Tangible-Book is ranked better than
54.51% of 721 companies
in the Capital Markets industry
Industry Median: 1.34 vs DSECF: 1.12

A closely related ratio is called PB Ratio. As of today, Daiwa Securities Group's share price is $6.59. Daiwa Securities Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.21. Hence, Daiwa Securities Group's P/B Ratio of today is 0.91.

Daiwa Securities Group Price-to-Tangible-Book Historical Data

The historical data trend for Daiwa Securities Group'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 Securities Group Price-to-Tangible-Book Chart

Daiwa Securities Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.73

0.61

0.79

0.68

0.99

Daiwa Securities Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.68	0.76	0.89	0.97	0.99

Competitive Comparison of Daiwa Securities Group's Price-to-Tangible-Book

For the Capital Markets subindustry, Daiwa Securities Group'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 Securities Group's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Daiwa Securities Group's Price-to-Tangible-Book distribution charts can be found below:

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

Daiwa Securities Group Price-to-Tangible-Book Calculation

Daiwa Securities Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	6.59	/	6.563
	=	1.00

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 Securities Group Price-to-Tangible-Book Related Terms

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

Daiwa Securities Group (Daiwa Securities Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Daiwa Securities Group Inc (OTCPK:DSECF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

DSEEY:USA 8601:Japan DSE:Germany

Address

GranTokyo North Tower, 9-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-6751

Website

http://www.daiwa-grp.jp

Together with industry leader Nomura, Daiwa Securities is one of two large independent securities firms in Japan. Like Nomura, it competes with brokerage units of the megabanks and smaller independent firms in Japan, but unlike Nomura it does not have aspiration to compete globally with the major U.S. and European investment banks and focuses on Japan-related business only. Daiwa moved its global wholesale business to a joint venture with Sumitomo Bank in 1999, but the venture met only mixed success and Daiwa ultimately bought out Sumitomo Mitsui Financial Group's 40% interest in the venture in 2009 after SMFG opportunistically purchased Nikko Securities (now SMBC Nikko, a rival of Daiwa) from Citigroup.

Daiwa Securities Group (Daiwa Securities Group) Headlines

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