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Benefit One (TSE:2412) PB Ratio : 15.29 (As of May. 01, 2024)


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What is Benefit One 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 (2024-05-01), Benefit One's share price is 円2165.00. Benefit One's Book Value per Share for the quarter that ended in Dec. 2023 was 円141.61. Hence, Benefit One's PB Ratio of today is 15.29.

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

TSE:2412' s PB Ratio Range Over the Past 10 Years
Min: 2.94   Med: 12.95   Max: 54.71
Current: 15.29

During the past 13 years, Benefit One's highest PB Ratio was 54.71. The lowest was 2.94. And the median was 12.95.

TSE:2412's PB Ratio is ranked worse than
96.88% of 1027 companies
in the Business Services industry
Industry Median: 1.78 vs TSE:2412: 15.29

During the past 12 months, Benefit One's average Book Value Per Share Growth Rate was -1.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Benefit One was 18.80% per year. The lowest was 4.60% per year. And the median was 11.80% per year.

Back to Basics: PB Ratio


Benefit One PB Ratio Historical Data

The historical data trend for Benefit One'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.

Benefit One PB Ratio Chart

Benefit One 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 17.66 13.55 23.55 16.55 11.97

Benefit One 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 13.48 11.97 11.35 8.04 14.99

Competitive Comparison of Benefit One's PB Ratio

For the Staffing & Employment Services subindustry, Benefit One'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.


Benefit One's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Benefit One's PB Ratio distribution charts can be found below:

* The bar in red indicates where Benefit One's PB Ratio falls into.



Benefit One 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.

Benefit One's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2165.00/141.607
=15.29

* 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.


Benefit One  (TSE:2412) 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.


Benefit One PB Ratio Related Terms

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


Benefit One (TSE:2412) Business Description

Traded in Other Exchanges
Address
Job Hub Square 6-2, 2-chome, 9th Floor, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Benefit One Inc is a Japanese company providing provisions of agency business for welfare work. The company mainly engages in welfare work and sales. It provides lodging facilities, schools, and sports clubs to people under various schemes. It also markets products on its seasonal magazines and website for sales purpose.

Benefit One (TSE:2412) Headlines

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