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Prodelight Co (TSE:5580) PB Ratio : 2.05 (As of Dec. 13, 2024)


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What is Prodelight 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 (2024-12-13), Prodelight Co's share price is 円1004.00. Prodelight Co's Book Value per Share for the quarter that ended in Aug. 2024 was 円490.88. Hence, Prodelight Co's PB Ratio of today is 2.05.

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

TSE:5580' s PB Ratio Range Over the Past 10 Years
Min: 1.84   Med: 2.74   Max: 9.32
Current: 2.05

During the past 4 years, Prodelight Co's highest PB Ratio was 9.32. The lowest was 1.84. And the median was 2.74.

TSE:5580's PB Ratio is ranked better than
64.76% of 2571 companies
in the Software industry
Industry Median: 2.88 vs TSE:5580: 2.05

During the past 12 months, Prodelight Co's average Book Value Per Share Growth Rate was 22.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 60.00% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Prodelight Co was 60.00% per year. The lowest was 60.00% per year. And the median was 60.00% per year.

Back to Basics: PB Ratio


Prodelight Co PB Ratio Historical Data

The historical data trend for Prodelight 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.

Prodelight Co PB Ratio Chart

Prodelight Co Annual Data
Trend Aug21 Aug22 Aug23 Aug24
PB Ratio
- - 3.87 1.88

Prodelight Co Quarterly Data
Aug21 Aug22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
PB Ratio Get a 7-Day Free Trial Premium Member Only 3.87 2.81 2.98 2.51 1.88

Competitive Comparison of Prodelight Co's PB Ratio

For the Software - Infrastructure subindustry, Prodelight 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.


Prodelight Co's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Prodelight Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Prodelight Co's PB Ratio falls into.



Prodelight 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.

Prodelight Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2024)
=1004.00/490.875
=2.05

* 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.


Prodelight Co  (TSE:5580) 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.


Prodelight Co PB Ratio Related Terms

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


Prodelight Co Business Description

Traded in Other Exchanges
N/A
Address
3-3-11 Koraibashi, 2nd floor, Yodoyabashi Flex Tower, Chuo-ku, Osaka-shi, Osaka, JPN, 541-0043
Prodelight Co Ltd is engaged in the Voice solution business, Planning, development and sales of cloud voice systems, Sale of line services, and Sale of audio devices. The company Provides the one-stop solution to voice communication DX, based on self-developed cloud PBX for IP telephone, INNOVERA.

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