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Daiwa Industries (TSE:6459) Price-to-Tangible-Book

: 1.16 (As of Today)
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As of today (2024-04-18), Daiwa Industries's share price is 円1503.00. Daiwa Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円1,298.87. Hence, Daiwa Industries's Price to Tangible Book Ratio of today is 1.16.

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

TSE:6459' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77   Med: 0.92   Max: 1.18
Current: 1.16

During the past 13 years, Daiwa Industries's highest Price to Tangible Book Ratio was 1.18. The lowest was 0.77. And the median was 0.92.

TSE:6459's Price-to-Tangible-Book is ranked better than
76.14% of 2821 companies
in the Industrial Products industry
Industry Median: 2.06 vs TSE:6459: 1.16

A closely related ratio is called PB Ratio. As of today, Daiwa Industries's share price is 円1503.00. Daiwa Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円1,302.13. Hence, Daiwa Industries's P/B Ratio of today is 1.15.


Daiwa Industries Price-to-Tangible-Book Historical Data

The historical data trend for Daiwa Industries'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 Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.80 0.93 0.93 1.16

Daiwa Industries 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 0.93 1.13 1.10 1.08 1.16

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Daiwa Industries'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 Industries Price-to-Tangible-Book Distribution

For the Industrial Products industry and Industrials sector, Daiwa Industries's Price-to-Tangible-Book distribution charts can be found below:

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



Daiwa Industries Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1503.00/1298.873
=1.16

* 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.


Daiwa Industries Price-to-Tangible-Book Related Terms

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


Daiwa Industries (TSE:6459) Business Description

Traded in Other Exchanges
Address
3-13 Obase-cho, Daiwa Reiki Uehonmachi DRK Building, Tennoji-ward, Osaka, JPN, 543-0028
Daiwa Industries Ltd is a Japanese company that primarily manufactures, sells, and leases freezers, refrigerators, showcases, ice machines, vending machines, cold-applied products, kitchen equipment, equipment, and parts. The company is also involved in planning, designing, and construction of stores and kitchens. Other business activities of the company include construction work and power generation.

Daiwa Industries (TSE:6459) Headlines

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