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Japan Post Bank Co (Japan Post Bank Co) PB Ratio : 0.57 (As of May. 19, 2024)


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What is Japan Post Bank 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 (2024-05-19), Japan Post Bank Co's share price is $10.15. Japan Post Bank Co's Book Value per Share for the quarter that ended in Dec. 2023 was $17.84. Hence, Japan Post Bank Co's PB Ratio of today is 0.57.

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

JPSTF' s PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.41   Max: 0.66
Current: 0.58

During the past 10 years, Japan Post Bank Co's highest PB Ratio was 0.66. The lowest was 0.28. And the median was 0.41.

JPSTF's PB Ratio is ranked better than
77.14% of 1457 companies
in the Banks industry
Industry Median: 0.86 vs JPSTF: 0.58

During the past 12 months, Japan Post Bank Co's average Book Value Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.30% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Japan Post Bank Co was 3.00% per year. The lowest was -8.60% per year. And the median was -0.40% per year.

Back to Basics: PB Ratio


Japan Post Bank Co PB Ratio Historical Data

The historical data trend for Japan Post Bank 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.

Japan Post Bank Co PB Ratio Chart

Japan Post Bank Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.34 0.35 0.37 0.56

Japan Post Bank Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.37 0.41 0.51 0.53 0.56

Competitive Comparison of Japan Post Bank Co's PB Ratio

For the Banks - Regional subindustry, Japan Post Bank 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.


Japan Post Bank Co's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Japan Post Bank Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Japan Post Bank Co's PB Ratio falls into.



Japan Post Bank 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.

Japan Post Bank Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=10.15/17.843
=0.57

* 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.


Japan Post Bank Co  (OTCPK:JPSTF) 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.


Japan Post Bank Co PB Ratio Related Terms

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Japan Post Bank Co (Japan Post Bank Co) Business Description

Traded in Other Exchanges
Address
1-3-2 Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 100-8798
Japan Post Bank is the successor of the postal-savings system dating to the Meiji era. It was partially privatized in 2015, when the government sold to the public an 11% stake in parent company Japan Post Holdings, which in turn sold 11% stakes in Japan Post Bank and Japan Post Insurance to the public. Japan Post Bank is now 64% owned by Japan Post Holdings, which is majority owned by the government. The law requires Japan Post Holdings to divest itself of Japan Post Bank eventually. Japan Post Bank has 235 direct branches and also accepts deposits and sells investment products at more than 24,000 post offices across the country through a sales-agency agreement with Japan Post (an unlisted subsidiary of Japan Post Holdings).

Japan Post Bank Co (Japan Post Bank Co) Headlines

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