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Kanemi Co (TSE:2669) PB Ratio : 1.10 (As of Mar. 23, 2025)


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What is Kanemi 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 (2025-03-23), Kanemi Co's share price is 円3240.00. Kanemi Co's Book Value per Share for the quarter that ended in Aug. 2024 was 円2,943.75. Hence, Kanemi Co's PB Ratio of today is 1.10.

Good Sign:

Kanemi Co Ltd stock PB Ratio (=1.09) is close to 10-year low of 1.02

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

TSE:2669' s PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.2   Max: 1.42
Current: 1.1

During the past 13 years, Kanemi Co's highest PB Ratio was 1.42. The lowest was 1.02. And the median was 1.20.

TSE:2669's PB Ratio is ranked better than
60.54% of 1812 companies
in the Consumer Packaged Goods industry
Industry Median: 1.43 vs TSE:2669: 1.10

During the past 12 months, Kanemi Co's average Book Value Per Share Growth Rate was 5.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kanemi Co was 6.00% per year. The lowest was -5.20% per year. And the median was 3.60% per year.

Back to Basics: PB Ratio


Kanemi Co PB Ratio Historical Data

The historical data trend for Kanemi 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.

Kanemi Co PB Ratio Chart

Kanemi Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Feb20 Feb21 Feb22 Feb23 Feb24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.22 1.09 1.04 1.17

Kanemi Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 1.07 1.10 1.17 1.14 1.10

Competitive Comparison of Kanemi Co's PB Ratio

For the Packaged Foods subindustry, Kanemi 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.


Kanemi Co's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kanemi Co's PB Ratio distribution charts can be found below:

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



Kanemi 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2024)
=3240.00/2943.75
=1.10

* 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.


Kanemi Co  (TSE:2669) 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.


Kanemi Co PB Ratio Related Terms

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


Kanemi Co Business Description

Traded in Other Exchanges
N/A
Address
90 Nakatsubo, Tenpaku Nagoya, Nakatsubo, JPN, 458-0815
Kanemi Co Ltd is a Japanese based company. It is engaged in the production and retails of lunch boxes, daily dishes, and sushi dishes. It operates in two business division including tenant business and external sales business. Tenant business develops prepared dishes in various styles sold at supermarkets, department stores, station buildings, and station Naka. External sales business manufactures and ships lunch boxes, rice balls, and pasta for convenience stores. The company wholesales its products to supermarkets. Kanemi also provides management services for franchisees.

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