Shimadzu (TSE:7701) Price-to-Tangible-Book : 2.87 (As of Apr. 24, 2024)

View and export this data going back to 1949. Start your Free Trial

What is Shimadzu Price-to-Tangible-Book?

As of today (2024-04-24), Shimadzu's share price is 円4254.00. Shimadzu's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円1,483.80. Hence, Shimadzu's Price to Tangible Book Ratio of today is 2.87.

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

TSE:7701' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.53 Med: 2.86 Max: 4.24
Current: 2.87

During the past 13 years, Shimadzu's highest Price to Tangible Book Ratio was 4.24. The lowest was 1.53. And the median was 2.86.

TSE:7701's Price-to-Tangible-Book is ranked worse than
66.71% of 2304 companies
in the Hardware industry
Industry Median: 1.99 vs TSE:7701: 2.87

A closely related ratio is called PB Ratio. As of today, Shimadzu's share price is 円4254.00. Shimadzu's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円1,541.86. Hence, Shimadzu's P/B Ratio of today is 2.76.

Shimadzu Price-to-Tangible-Book Historical Data

The historical data trend for Shimadzu'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.

Shimadzu Price-to-Tangible-Book Chart

Shimadzu Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.40

2.88

3.64

3.37

3.00

Shimadzu 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															2.84	3.00	3.12	2.68	2.66

Competitive Comparison of Shimadzu's Price-to-Tangible-Book

For the Scientific & Technical Instruments subindustry, Shimadzu'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.

Shimadzu's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shimadzu's Price-to-Tangible-Book distribution charts can be found below:

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

Shimadzu Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4254.00	/	1483.8
	=	2.87

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.

Shimadzu Price-to-Tangible-Book Related Terms

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

Shimadzu (TSE:7701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shimadzu Corp (TSE:7701) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SHMZF:USA

Address

1, Nishinokyo-Kuwabara-cho, Nakagyo-ku, Kyoto, JPN, 604-8511

Website

http://www.shimadzu.com

Shimadzu Corp manufactures scientific instruments. The firm operates in four segments: analytical and measuring instruments, medical systems, aircraft equipment, and industrial machinery. The analytical and measuring instruments segment produces chromatograph mass spectrometers, surface analyzers, and environmental measurement instruments for the pharmaceutical, chemical, and life science industries. The medical systems segment provides diagnostic imaging equipment for hospitals and medical offices. The aircraft equipment segment sells air-conditioning systems, flight control systems, and displays. The industrial machinery segment sells products to major manufacturing equipment makers, including hydraulic equipment. The majority of Shimadzu's revenue is generated in Japan.

Shimadzu (TSE:7701) Headlines

No Headlines