GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Good Com Asset Co Ltd (TSE:3475) » Definitions » PB Ratio

Good Com Asset Co (TSE:3475) PB Ratio : 1.68 (As of Apr. 01, 2025)


View and export this data going back to 2016. Start your Free Trial

What is Good Com Asset 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 (2025-04-01), Good Com Asset Co's share price is 円815.00. Good Com Asset Co's Book Value per Share for the quarter that ended in Apr. 2024 was 円483.72. Hence, Good Com Asset Co's PB Ratio of today is 1.68.

Good Sign:

Good Com Asset Co Ltd stock PB Ratio (=1.7) is close to 2-year low of 1.59.

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

TSE:3475' s PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 2.02   Max: 3.92
Current: 1.69

During the past 11 years, Good Com Asset Co's highest PB Ratio was 3.92. The lowest was 0.93. And the median was 2.02.

TSE:3475's PB Ratio is ranked worse than
78.27% of 1730 companies
in the Real Estate industry
Industry Median: 0.77 vs TSE:3475: 1.69

During the past 12 months, Good Com Asset Co's average Book Value Per Share Growth Rate was 20.00% 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 14.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 27.00% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Good Com Asset Co was 62.30% per year. The lowest was 12.30% per year. And the median was 23.30% per year.

Back to Basics: PB Ratio


Good Com Asset Co PB Ratio Historical Data

The historical data trend for Good Com Asset 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.

Good Com Asset Co PB Ratio Chart

Good Com Asset Co Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 2.12 1.76 2.14 1.73

Good Com Asset Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 2.08 2.14 2.13 2.19 1.73

Competitive Comparison of Good Com Asset Co's PB Ratio

For the Real Estate - Diversified subindustry, Good Com Asset 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.


Good Com Asset Co's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Good Com Asset Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Good Com Asset Co's PB Ratio falls into.


;
;

Good Com Asset 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.

Good Com Asset Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2024)
=815.00/483.724
=1.68

* 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.


Good Com Asset Co  (TSE:3475) 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.


Good Com Asset Co PB Ratio Related Terms

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


Good Com Asset Co Business Description

Traded in Other Exchanges
N/A
Address
7-20-1, Nishishinjuku, 17th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-0023
Good Com Asset Co Ltd is a Japan-based company mainly engaged in planning, development, sale and management of newly built apartments. It primarily engages in planning, developing, managing, and selling mansions primarily in Japan. It is also providing rent management and real estate consultancy services, as well as property and casualty insurance products.

Good Com Asset Co Headlines

No Headlines