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Sharp (SHCAY) Price-to-Tangible-Book

: 2.26 (As of Today)
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As of today (2024-04-23), Sharp's share price is $1.325. Sharp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.59. Hence, Sharp's Price to Tangible Book Ratio of today is 2.26.

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

SHCAY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.3   Med: 2.93   Max: 9.28
Current: 2.55

During the past 13 years, Sharp's highest Price to Tangible Book Ratio was 9.28. The lowest was 1.30. And the median was 2.93.

SHCAY's Price-to-Tangible-Book is ranked worse than
61.41% of 2304 companies
in the Hardware industry
Industry Median: 1.955 vs SHCAY: 2.55

A closely related ratio is called PB Ratio. As of today, Sharp's share price is $1.325. Sharp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.68. Hence, Sharp's P/B Ratio of today is 1.95.


Sharp Price-to-Tangible-Book Historical Data

The historical data trend for Sharp'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.

Sharp Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.08 2.81 3.73 1.60 3.47

Sharp 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 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 Premium Member Only Premium Member Only Premium Member Only 1.61 3.47 2.27 2.57 2.93

Competitive Comparison

For the Consumer Electronics subindustry, Sharp'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.


Sharp Price-to-Tangible-Book Distribution

For the Hardware industry and Technology sector, Sharp's Price-to-Tangible-Book distribution charts can be found below:

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



Sharp Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.325/0.587
=2.26

* 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.


Sharp Price-to-Tangible-Book Related Terms

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


Sharp (SHCAY) Business Description

Traded in Other Exchanges
Address
1 Takumi-machi, Sakai-ku, Sakai-shi, Osaka, JPN, 590-8522
Sharp Corp is a Japan-based company that is principally engaged in producing and selling a broad range of consumer and industrial electronic products. The company's business segments consist of the consumer electronics segment, the energy solutions segment, the business solutions segment, the electronic components and devices segment, and the display devices segment. The company generates over half of its revenue from the consumer electronics segment and the display devices segment. It has a global business presence, with China, Japan, the Americas, and Europe its four largest markets.

Sharp (SHCAY) Headlines

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