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Chubu Steel Plate Co (TSE:5461) PB Ratio : 1.04 (As of Jun. 14, 2024)


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What is Chubu Steel Plate 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 (2024-06-14), Chubu Steel Plate Co's share price is 円2841.00. Chubu Steel Plate Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,738.66. Hence, Chubu Steel Plate Co's PB Ratio of today is 1.04.

Warning Sign:

Chubu Steel Plate Co Ltd stock PB Ratio (=1.01) is close to 2-year high of 1.05

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

TSE:5461' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.79   Max: 1.06
Current: 1.04

During the past 13 years, Chubu Steel Plate Co's highest PB Ratio was 1.06. The lowest was 0.59. And the median was 0.79.

TSE:5461's PB Ratio is ranked worse than
53.71% of 607 companies
in the Steel industry
Industry Median: 0.99 vs TSE:5461: 1.04

During the past 12 months, Chubu Steel Plate Co's average Book Value Per Share Growth Rate was 7.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chubu Steel Plate Co was 6.30% per year. The lowest was 0.40% per year. And the median was 3.70% per year.

Back to Basics: PB Ratio


Chubu Steel Plate Co PB Ratio Historical Data

The historical data trend for Chubu Steel Plate 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.

Chubu Steel Plate Co PB Ratio Chart

Chubu Steel Plate 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 - - - - 0.89

Chubu Steel Plate 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 0.57 0.89 0.72 0.78 0.85

Competitive Comparison of Chubu Steel Plate Co's PB Ratio

For the Steel subindustry, Chubu Steel Plate 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.


Chubu Steel Plate Co's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chubu Steel Plate Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Chubu Steel Plate Co's PB Ratio falls into.



Chubu Steel Plate 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.

Chubu Steel Plate Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2841.00/2738.658
=1.04

* 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.


Chubu Steel Plate Co  (TSE:5461) 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.


Chubu Steel Plate Co PB Ratio Related Terms

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


Chubu Steel Plate Co (TSE:5461) Business Description

Traded in Other Exchanges
Address
5-1 -chome, Nakagawa-ku, Nagoya, JPN, 454-8506
Chubu Steel Plate Co Ltd engages in the manufacture and sale of thick steel sheets and pieces, and cutting of steel plates in Japan. The firm offers steel plates, laser cutting steel plates, hydrochloric and sulfuric acid-resistant alloy steel plates, and abrasion-resistant alloy steel plates, as well as steel sheets for building structures. It also provides general, welded, and building structural rolled steel sheets; weather-resistant hot rolled steel sheets for welded construction; carbon steel sheets for boilers and machine structures; and chromium-molybdenum steel plates. The company's products are used in various applications, including construction and industrial machinery, mechanical parts, molds, containers, industrial vehicles, civil engineering, bridges, ships, architecture.

Chubu Steel Plate Co (TSE:5461) Headlines

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