Stanley Electric Co (TSE:6923) Price-to-Tangible-Book : 0.94 (As of Apr. 25, 2024)

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What is Stanley Electric Co Price-to-Tangible-Book?

As of today (2024-04-25), Stanley Electric Co's share price is 円2804.00. Stanley Electric Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円2,981.90. Hence, Stanley Electric Co's Price to Tangible Book Ratio of today is 0.94.

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

TSE:6923' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77 Med: 1.39 Max: 2.22
Current: 0.94

During the past 13 years, Stanley Electric Co's highest Price to Tangible Book Ratio was 2.22. The lowest was 0.77. And the median was 1.39.

TSE:6923's Price-to-Tangible-Book is ranked better than
69.87% of 1198 companies
in the Vehicles & Parts industry
Industry Median: 1.675 vs TSE:6923: 0.94

A closely related ratio is called PB Ratio. As of today, Stanley Electric Co's share price is 円2804.00. Stanley Electric Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円3,042.00. Hence, Stanley Electric Co's P/B Ratio of today is 0.92.

Stanley Electric Co Price-to-Tangible-Book Historical Data

The historical data trend for Stanley Electric 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.

Stanley Electric Co Price-to-Tangible-Book Chart

Stanley Electric Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.34

0.99

1.36

0.87

1.04

Stanley Electric 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															0.93	1.04	0.98	0.77	0.89

Competitive Comparison of Stanley Electric Co's Price-to-Tangible-Book

For the Auto Parts subindustry, Stanley Electric 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.

Stanley Electric Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stanley Electric Co's Price-to-Tangible-Book distribution charts can be found below:

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

Stanley Electric Co Price-to-Tangible-Book Calculation

Stanley Electric 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 )
	=	2804.00	/	2981.897
	=	0.94

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.

Stanley Electric Co Price-to-Tangible-Book Related Terms

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

Stanley Electric Co (TSE:6923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Stanley Electric Co Ltd (TSE:6923) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

STAA:Germany

Address

2-9-13 Nakameguro, Meguro-ku, Tokyo, JPN, 153-8636

Website

http://www.stanley.co.jp

Stanley Electric Co Ltd makes LED lighting products and operates under three business segments: automotive equipment, electronic components, and applied electronic products. In its automotive equipment business, Stanley Electric produces and sells LED and HID headlamps, rear combination lamps, fog lamps, and automotive and LED bulbs. This business segment generates the lion's share of sales. In its other segments, Stanley Electric makes LEDs, infrared LED lamps, optical sensors, LCDs, subminiature lamps, backlight units for LCDs, flash units for cameras, and operation panels. The largest end markets include Japan, China and Asia-Pacific, and the Americas.

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