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CASSINA IXC (TSE:2777) PB Ratio : 0.79 (As of Jun. 05, 2024)


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What is CASSINA IXC 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 (2024-06-05), CASSINA IXC's share price is 円1216.00. CASSINA IXC's Book Value per Share for the quarter that ended in Dec. 2022 was 円1,538.11. Hence, CASSINA IXC's PB Ratio of today is 0.79.

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

TSE:2777's PB Ratio is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.57
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


CASSINA IXC PB Ratio Historical Data

The historical data trend for CASSINA IXC'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.

CASSINA IXC PB Ratio Chart

CASSINA IXC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.71 0.64 0.55 0.60

CASSINA IXC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.55 0.58 0.56 0.56 0.60

Competitive Comparison of CASSINA IXC's PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, CASSINA IXC'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.


CASSINA IXC's PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, CASSINA IXC's PB Ratio distribution charts can be found below:

* The bar in red indicates where CASSINA IXC's PB Ratio falls into.



CASSINA IXC 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.

CASSINA IXC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2022)
=1216.00/1538.114
=0.79

* 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.


CASSINA IXC  (TSE:2777) 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.


CASSINA IXC PB Ratio Related Terms

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


CASSINA IXC (TSE:2777) Business Description

Traded in Other Exchanges
N/A
Address
2-13-10 Minami-aoyama, Minato-ku, Tokyo, JPN, 107- 0062
CASSINA IXC Ltd is engaged in the retail of furniture products. It offers sofas, table desks, chairs, stools, cabinet shelves, dresser beds, art products, home accessories, tableware, bath products, kitchen and lighting products, and other products. Its products sell under Cassina and ix c brand names. It designs and provides furniture for offices, commercial facilities, housing use, and educational institutions.

CASSINA IXC (TSE:2777) Headlines

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