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Takara Holdings (FRA:TAX) PB Ratio : 0.85 (As of May. 09, 2024)


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What is Takara Holdings 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 (2024-05-09), Takara Holdings's share price is €6.20. Takara Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was €7.31. Hence, Takara Holdings's PB Ratio of today is 0.85.

Good Sign:

Takara Holdings Inc stock PB Ratio (=0.91) is close to 10-year low of 0.83

The historical rank and industry rank for Takara Holdings's PB Ratio or its related term are showing as below:

FRA:TAX' s PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.47   Max: 2.4
Current: 0.9

During the past 13 years, Takara Holdings's highest PB Ratio was 2.40. The lowest was 0.83. And the median was 1.47.

FRA:TAX's PB Ratio is ranked better than
72.95% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 1.88 vs FRA:TAX: 0.90

During the past 12 months, Takara Holdings's average Book Value Per Share Growth Rate was 9.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Takara Holdings was 12.40% per year. The lowest was -2.20% per year. And the median was 3.70% per year.

Back to Basics: PB Ratio


Takara Holdings PB Ratio Historical Data

The historical data trend for Takara Holdings'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.

Takara Holdings PB Ratio Chart

Takara Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.07 1.88 1.18 0.96

Takara Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.00 0.96 1.07 1.06 1.06

Competitive Comparison of Takara Holdings's PB Ratio

For the Beverages - Brewers subindustry, Takara Holdings'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.


Takara Holdings's PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Takara Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Takara Holdings's PB Ratio falls into.



Takara Holdings 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.

Takara Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=6.20/7.311
=0.85

* 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.


Takara Holdings  (FRA:TAX) 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.


Takara Holdings PB Ratio Related Terms

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


Takara Holdings (FRA:TAX) Business Description

Traded in Other Exchanges
Address
20 Naginataboko-cho, Shijo-dori Karasuma Higashi-iru, Shimogyo-ku, Kyoto, JPN, 600-8688
Takara Holdings Inc operates three businesses: Alcoholic Beverages and Seasonings, Biomedical, and Health Foods. Roughly 80% of the company's sales come from Japan. The Alcoholic Beverages and Seasonings business, which manufactures shochu, sake, light-alcohol refreshers, seasonings, and raw alcohol, generates the vast majority of the company's revenue. Most remaining revenue comes from the biomedical business, which primarily manufactures and sells reagents and other instruments for biomedical researchers but also provides contract research services and develops health food ingredients. Takara's foods business develops and sells health food products that are largely based on seaweed, algae, and herbs.

Takara Holdings (FRA:TAX) Headlines

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