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PCRFF (Panasonic Holdings) PB Ratio : 0.76 (As of Dec. 12, 2024)


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What is Panasonic 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 (2024-12-12), Panasonic Holdings's share price is $10.12. Panasonic Holdings's Book Value per Share for the quarter that ended in Sep. 2024 was $13.30. Hence, Panasonic Holdings's PB Ratio of today is 0.76.

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

PCRFF' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.22   Max: 2.42
Current: 0.83

During the past 13 years, Panasonic Holdings's highest PB Ratio was 2.42. The lowest was 0.51. And the median was 1.22.

PCRFF's PB Ratio is ranked better than
80.71% of 2379 companies
in the Hardware industry
Industry Median: 2.01 vs PCRFF: 0.83

During the past 12 months, Panasonic Holdings's average Book Value Per Share Growth Rate was 3.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 20.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Panasonic Holdings was 21.90% per year. The lowest was -26.00% per year. And the median was 2.30% per year.

Back to Basics: PB Ratio


Panasonic Holdings PB Ratio Historical Data

The historical data trend for Panasonic 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.

Panasonic Holdings PB Ratio Chart

Panasonic Holdings 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 0.96 1.28 0.85 0.77 0.75

Panasonic Holdings 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 0.92 0.77 0.75 0.63 0.65

Competitive Comparison of Panasonic Holdings's PB Ratio

For the Consumer Electronics subindustry, Panasonic 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.


Panasonic Holdings's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Holdings's PB Ratio distribution charts can be found below:

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



Panasonic 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=10.12/13.301
=0.76

* 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.


Panasonic Holdings  (OTCPK:PCRFF) 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.


Panasonic Holdings PB Ratio Related Terms

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


Panasonic Holdings Business Description

Address
1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501
Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.