GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Daiichi Kigenso Kagaku-Kogyo Co Ltd (TSE:4082) » Definitions » PB Ratio

Daiichi Kigenso Kagaku-Kogyo Co (TSE:4082) PB Ratio : 0.56 (As of Jun. 16, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Daiichi Kigenso Kagaku-Kogyo 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 (2024-06-16), Daiichi Kigenso Kagaku-Kogyo Co's share price is 円818.00. Daiichi Kigenso Kagaku-Kogyo Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円1,467.22. Hence, Daiichi Kigenso Kagaku-Kogyo Co's PB Ratio of today is 0.56.

Good Sign:

Daiichi Kigenso Kagaku-Kogyo Co Ltd stock PB Ratio (=0.56) is close to 10-year low of 0.52

The historical rank and industry rank for Daiichi Kigenso Kagaku-Kogyo Co's PB Ratio or its related term are showing as below:

TSE:4082' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.91   Max: 1.92
Current: 0.56

During the past 13 years, Daiichi Kigenso Kagaku-Kogyo Co's highest PB Ratio was 1.92. The lowest was 0.52. And the median was 0.91.

TSE:4082's PB Ratio is ranked better than
90.06% of 1529 companies
in the Chemicals industry
Industry Median: 1.58 vs TSE:4082: 0.56

During the past 12 months, Daiichi Kigenso Kagaku-Kogyo Co's average Book Value Per Share Growth Rate was 0.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Daiichi Kigenso Kagaku-Kogyo Co was 33.30% per year. The lowest was -14.50% per year. And the median was 6.90% per year.

Back to Basics: PB Ratio


Daiichi Kigenso Kagaku-Kogyo Co PB Ratio Historical Data

The historical data trend for Daiichi Kigenso Kagaku-Kogyo 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.

Daiichi Kigenso Kagaku-Kogyo Co PB Ratio Chart

Daiichi Kigenso Kagaku-Kogyo Co 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 0.63 1.05 0.79 0.69 0.66

Daiichi Kigenso Kagaku-Kogyo Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.69 0.68 0.63 0.64 0.66

Competitive Comparison of Daiichi Kigenso Kagaku-Kogyo Co's PB Ratio

For the Specialty Chemicals subindustry, Daiichi Kigenso Kagaku-Kogyo 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.


Daiichi Kigenso Kagaku-Kogyo Co's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Daiichi Kigenso Kagaku-Kogyo Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Daiichi Kigenso Kagaku-Kogyo Co's PB Ratio falls into.



Daiichi Kigenso Kagaku-Kogyo 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.

Daiichi Kigenso Kagaku-Kogyo Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=818.00/1467.219
=0.56

* 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.


Daiichi Kigenso Kagaku-Kogyo Co  (TSE:4082) 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.


Daiichi Kigenso Kagaku-Kogyo Co PB Ratio Related Terms

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


Daiichi Kigenso Kagaku-Kogyo Co (TSE:4082) Business Description

Traded in Other Exchanges
N/A
Address
6-38 Hirabayashi Minami 1-Chome, Suminoe-ku, Osaka, JPN, 559-0025
Daiichi Kigenso Kagaku-Kogyo Co Ltd is a Japan-based chemical manufacturer. The company is mainly engaged in the research, production, and sale of chemicals and materials for fuel cells and catalysts. Products offered by the company include zirconium oxide, stabilized zirconium oxide, composite oxide, zirconium compounds, zirconia sol, rare-earth compounds, cesium compounds, cesium flux, and wire ring.

Daiichi Kigenso Kagaku-Kogyo Co (TSE:4082) Headlines

No Headlines