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Japan Post Insurance Co (TSE:7181) Price-to-Tangible-Book : 0.41 (As of Apr. 25, 2024)


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What is Japan Post Insurance Co Price-to-Tangible-Book?

As of today (2024-04-25), Japan Post Insurance Co's share price is 円3001.00. Japan Post Insurance Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円7,254.99. Hence, Japan Post Insurance Co's Price to Tangible Book Ratio of today is 0.41.

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

TSE:7181' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29   Med: 0.47   Max: 1.04
Current: 0.41

During the past 9 years, Japan Post Insurance Co's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.29. And the median was 0.47.

TSE:7181's Price-to-Tangible-Book is ranked better than
92.16% of 459 companies
in the Insurance industry
Industry Median: 1.33 vs TSE:7181: 0.41

A closely related ratio is called PB Ratio. As of today, Japan Post Insurance Co's share price is 円3001.00. Japan Post Insurance Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円7,495.66. Hence, Japan Post Insurance Co's P/B Ratio of today is 0.40.


Japan Post Insurance Co Price-to-Tangible-Book Historical Data

The historical data trend for Japan Post Insurance 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.

Japan Post Insurance Co Price-to-Tangible-Book Chart

Japan Post Insurance Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 0.72 0.42 0.47 0.37 0.35

Japan Post Insurance 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 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 0.45 0.35 0.31 0.37 0.35

Competitive Comparison of Japan Post Insurance Co's Price-to-Tangible-Book

For the Insurance - Life subindustry, Japan Post Insurance 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.


Japan Post Insurance Co's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Japan Post Insurance Co's Price-to-Tangible-Book distribution charts can be found below:

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



Japan Post Insurance Co Price-to-Tangible-Book Calculation

Japan Post Insurance 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 )
=3001.00/7254.992
=0.41

* 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.


Japan Post Insurance Co Price-to-Tangible-Book Related Terms

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


Japan Post Insurance Co (TSE:7181) Business Description

Traded in Other Exchanges
Address
3-2, Kasumigaseki 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8798
Japan Post Insurance Co Ltd is a life insurance company based in Japan. It is engaged in the life insurance business and postal life insurance management business. In addition, it provides agency or administration services for other insurance companies including foreign insurance companies and other financial services companies; loan guarantees and other businesses supplemental to previously mentioned businesses. The group has only one segment, namely, the Life Insurance Business in Japan.

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