Tamron Co (Tamron Co) Price-to-Tangible-Book

: 1.91 (As of Today)

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As of today (2024-04-24), Tamron Co's share price is $44.30. Tamron Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $23.15. Hence, Tamron Co's Price to Tangible Book Ratio of today is 1.91.

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

TMRNF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.8 Med: 1.17 Max: 1.88
Current: 1.88

During the past 13 years, Tamron Co's highest Price to Tangible Book Ratio was 1.88. The lowest was 0.80. And the median was 1.17.

TMRNF's Price-to-Tangible-Book is ranked worse than
50.45% of 664 companies
in the Travel & Leisure industry
Industry Median: 1.83 vs TMRNF: 1.88

A closely related ratio is called PB Ratio. As of today, Tamron Co's share price is $44.30. Tamron Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $23.49. Hence, Tamron Co's P/B Ratio of today is 1.89.

Tamron Co Price-to-Tangible-Book Historical Data

The historical data trend for Tamron 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.

Tamron Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.06

0.97

0.92

0.95

1.17

Tamron 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															0.95	1.13	1.23	1.24	1.17

Competitive Comparison

For the Leisure subindustry, Tamron 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.

Tamron Co Price-to-Tangible-Book Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Tamron Co's Price-to-Tangible-Book distribution charts can be found below:

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

Tamron Co Price-to-Tangible-Book Calculation

Tamron 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 )
	=	44.30	/	23.153
	=	1.91

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.

Tamron Co Price-to-Tangible-Book Related Terms

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Tamron Co (Tamron Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tamron Co Ltd (OTCPK:TMRNF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

7740:Japan

Address

1385 Hasunuma, Minuma-ku, Saitama, JPN, 337-8556

Website

http://www.tamron.com

Tamron Co Ltd is a Japanese manufacturer of optical and photographic lenses. The company organises itself into three segments: photographic products, optical components, and commercial/industrial-use optics. The photographic products segment, which contributes most company revenue, produces interchangeable lenses for SLR cameras. The optical components segment includes mobile phone, camcorder, and digital camera lenses. The commercial/industrial-use optics segment, the second largest contributor to revenue, produces lenses for CCTV cameras and automotive cameras. The company's most significant geographical segment is Asia (ex. Japan), followed by sales made in Japan, in Europe, and in North America.

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