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Abhotel Co (TSE:6565) PB Ratio : 2.59 (As of May. 05, 2024)


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What is Abhotel 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 (2024-05-05), Abhotel Co's share price is 円1798.00. Abhotel Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円694.99. Hence, Abhotel Co's PB Ratio of today is 2.59.

Good Sign:

Abhotel Co Ltd stock PB Ratio (=2.52) is close to 3-year low of 2.38

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

TSE:6565' s PB Ratio Range Over the Past 10 Years
Min: 1.92   Med: 3.63   Max: 9.83
Current: 2.59

During the past 8 years, Abhotel Co's highest PB Ratio was 9.83. The lowest was 1.92. And the median was 3.63.

TSE:6565's PB Ratio is ranked worse than
64.82% of 759 companies
in the Travel & Leisure industry
Industry Median: 1.78 vs TSE:6565: 2.59

During the past 12 months, Abhotel Co's average Book Value Per Share Growth Rate was 26.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.40% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Abhotel Co was 25.60% per year. The lowest was 7.60% per year. And the median was 11.00% per year.

Back to Basics: PB Ratio


Abhotel Co PB Ratio Historical Data

The historical data trend for Abhotel 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.

Abhotel Co PB Ratio Chart

Abhotel Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial 5.41 2.11 2.73 2.59 3.61

Abhotel 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 3.56 3.61 4.85 4.13 3.33

Competitive Comparison of Abhotel Co's PB Ratio

For the Lodging subindustry, Abhotel 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.


Abhotel Co's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Abhotel Co's PB Ratio distribution charts can be found below:

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



Abhotel 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1798.00/694.991
=2.59

* 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.


Abhotel Co  (TSE:6565) 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.


Abhotel Co PB Ratio Related Terms

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


Abhotel Co (TSE:6565) Business Description

Traded in Other Exchanges
N/A
Address
1-9-2 Mikawaanjo-cho, Anjo-shi, Aichi, JPN, 446-0056
Abhotel Co Ltd is a Japan-based company, engages in the Hotel business. It operates a hotel with rooms, meals, facilities and services, and sightseeing. It offers various categories of rooms, such as Universal Twin Room, Deluxe Twin Room, Separate Semi Double Room, Separate Single Room, Double Room and Single Room. Its room facilities include a minibar with rooms, in-room electronic safe lockers, laundry and dry cleaning, spa, health club, travel desk, shopping arcade and other.

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