Shin-Etsu Chemical Co (TSE:4063) Price-to-Tangible-Book

: 2.97 (As of Today)

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As of today (2024-04-16), Shin-Etsu Chemical Co's share price is 円6320.00. Shin-Etsu Chemical Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円2,131.30. Hence, Shin-Etsu Chemical Co's Price to Tangible Book Ratio of today is 2.97.

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

TSE:4063' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.23 Med: 1.87 Max: 3.07
Current: 2.97

During the past 13 years, Shin-Etsu Chemical Co's highest Price to Tangible Book Ratio was 3.07. The lowest was 1.23. And the median was 1.87.

TSE:4063's Price-to-Tangible-Book is ranked worse than
72.42% of 1490 companies
in the Chemicals industry
Industry Median: 1.71 vs TSE:4063: 2.97

A closely related ratio is called PB Ratio. As of today, Shin-Etsu Chemical Co's share price is 円6320.00. Shin-Etsu Chemical Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円2,136.57. Hence, Shin-Etsu Chemical Co's P/B Ratio of today is 2.96.

Shin-Etsu Chemical Co Price-to-Tangible-Book Historical Data

The historical data trend for Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

1.57

1.69

2.76

2.35

2.23

Shin-Etsu Chemical 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																1.67	2.23	2.45	2.07	2.78

Competitive Comparison

For the Chemicals subindustry, Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co Price-to-Tangible-Book Distribution

For the Chemicals industry and Basic Materials sector, Shin-Etsu Chemical Co's Price-to-Tangible-Book distribution charts can be found below:

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

Shin-Etsu Chemical Co Price-to-Tangible-Book Calculation

Shin-Etsu Chemical 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 )
	=	6320.00	/	2131.3
	=	2.97

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.

Shin-Etsu Chemical Co Price-to-Tangible-Book Related Terms

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Shin-Etsu Chemical Co (TSE:4063) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shin-Etsu Chemical Co Ltd (TSE:4063) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SHECY:USA SHECF:USA SEH:Germany

Address

6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

http://www.shinetsu.co.jp

Shin-Etsu Chemical Co Ltd is a Japan-based company primarily engaged in chemical business. The company operates in six business segments namely Poly Vinyl Chloride, Specialty Chemicals, Silicon, Semiconductor Silicon, Electronic and Functional Materials and Diversified business. It derives majority of revenue through Poly Vinyl Chloride segment which manufactures and sells vinyl chloride, caustic soda products, chloromethane and methanol. The group is also involved in manufacturing and selling of various other chemical products such as Polyvinyl alcohol, Synthetic pheromones, Rare-earth magnets for electronics industry and general applications, Photoresists, Photomask blanks and others. Geographically, it operates from the market of Japan and its business is amplifying across the globe.

Shin-Etsu Chemical Co (TSE:4063) Headlines

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