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Asahi Intecc Co (FRA:6XT) PB Ratio : 4.95 (As of Dec. 11, 2024)


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What is Asahi Intecc Co PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-11), Asahi Intecc Co's share price is €16.20. Asahi Intecc Co's Book Value per Share for the quarter that ended in Jun. 2024 was €3.28. Hence, Asahi Intecc Co's PB Ratio of today is 4.95.

The historical rank and industry rank for Asahi Intecc Co's PB Ratio or its related term are showing as below:

FRA:6XT' s PB Ratio Range Over the Past 10 Years
Min: 3.76   Med: 8.72   Max: 13.79
Current: 4.74

During the past 13 years, Asahi Intecc Co's highest PB Ratio was 13.79. The lowest was 3.76. And the median was 8.72.

FRA:6XT's PB Ratio is ranked worse than
76.87% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 2.35 vs FRA:6XT: 4.74

During the past 12 months, Asahi Intecc Co's average Book Value Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 19.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asahi Intecc Co was 30.50% per year. The lowest was 0.70% per year. And the median was 17.70% per year.

Back to Basics: PB Ratio


Asahi Intecc Co PB Ratio Historical Data

The historical data trend for Asahi Intecc Co's PB Ratio 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.

Asahi Intecc Co PB Ratio Chart

Asahi Intecc Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.54 5.53 3.94

Asahi Intecc Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio 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 5.32 5.59 4.85 3.94 -

Competitive Comparison of Asahi Intecc Co's PB Ratio

For the Medical Instruments & Supplies subindustry, Asahi Intecc Co's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Asahi Intecc Co's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Asahi Intecc Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Asahi Intecc Co's PB Ratio falls into.



Asahi Intecc Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Asahi Intecc Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=16.20/3.276
=4.95

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Asahi Intecc Co  (FRA:6XT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Asahi Intecc Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Asahi Intecc Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Asahi Intecc Co Business Description

Traded in Other Exchanges
Address
1703 Wakita-cho, Nagoya, JPN
Asahi Intecc Co Ltd develops, manufactures, and sells medical devices. The firm operates in two segments: medical and device. The medical segment generates the vast majority of revenue and sells a range of guide wires and catheters for treatment and examination. The device segment sells components to medical and industrial companies, such as hollow cable tubes, catheter delivery systems, and stainless steel rope. Asahi's products are used in a variety of industries, including the medical, construction, automobile, office automation equipment, and electric appliance industries. Asahi generates the largest proportion of its revenue in Japan.

Asahi Intecc Co Headlines

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