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TOKYO PRINTING INK MFG Co (TSE:4635) PB Ratio : 0.31 (As of Jun. 15, 2024)


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What is TOKYO PRINTING INK MFG 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 (2024-06-15), TOKYO PRINTING INK MFG Co's share price is 円3340.00. TOKYO PRINTING INK MFG Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円10,784.68. Hence, TOKYO PRINTING INK MFG Co's PB Ratio of today is 0.31.

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

TSE:4635' s PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.27   Max: 0.52
Current: 0.31

During the past 13 years, TOKYO PRINTING INK MFG Co's highest PB Ratio was 0.52. The lowest was 0.20. And the median was 0.27.

TSE:4635's PB Ratio is ranked better than
98.04% of 1529 companies
in the Chemicals industry
Industry Median: 1.58 vs TSE:4635: 0.31

During the past 12 months, TOKYO PRINTING INK MFG Co's average Book Value Per Share Growth Rate was -3.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TOKYO PRINTING INK MFG Co was 4.70% per year. The lowest was -0.40% per year. And the median was 3.60% per year.

Back to Basics: PB Ratio


TOKYO PRINTING INK MFG Co PB Ratio Historical Data

The historical data trend for TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG Co PB Ratio Chart

TOKYO PRINTING INK MFG Co 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 0.30 0.21 0.23 0.23 0.26

TOKYO PRINTING INK MFG Co 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 0.26 0.26 0.27 0.27 0.26

Competitive Comparison of TOKYO PRINTING INK MFG Co's PB Ratio

For the Specialty Chemicals subindustry, TOKYO PRINTING INK MFG 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.


TOKYO PRINTING INK MFG Co's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOKYO PRINTING INK MFG Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where TOKYO PRINTING INK MFG Co's PB Ratio falls into.



TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3340.00/10784.68
=0.31

* 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.


TOKYO PRINTING INK MFG Co  (TSE:4635) 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.


TOKYO PRINTING INK MFG Co PB Ratio Related Terms

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TOKYO PRINTING INK MFG Co (TSE:4635) Business Description

Traded in Other Exchanges
N/A
Address
1-12-4 Oji, Kita-ku, Tokyo, JPN
TOKYO PRINTING INK MFG Co Ltd is the speciality chemicals manufacturing company. The core business segments of the company comprise of the followings - Ink business, Chemical Products, and Processed Products business. Ink business offers offset printing, gravure ink, inkjet ink, high performance, and high-quality printer ink. Chemical Products includes colorant for plastics, functional additives for plastics, and other functional products. The Processed Products business supply packaging materials, civil engineering materials and agricultural materials for various industrial applications.

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