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ONO Sokki Co (TSE:6858) PB Ratio : 0.51 (As of May. 16, 2024)


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What is ONO Sokki 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 (2024-05-16), ONO Sokki Co's share price is 円667.00. ONO Sokki Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円1,319.51. Hence, ONO Sokki Co's PB Ratio of today is 0.51.

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

TSE:6858' s PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.54   Max: 0.92
Current: 0.5

During the past 13 years, ONO Sokki Co's highest PB Ratio was 0.92. The lowest was 0.29. And the median was 0.54.

TSE:6858's PB Ratio is ranked better than
92.76% of 2389 companies
in the Hardware industry
Industry Median: 1.86 vs TSE:6858: 0.50

During the past 12 months, ONO Sokki Co's average Book Value Per Share Growth Rate was 3.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ONO Sokki Co was 9.40% per year. The lowest was -5.90% per year. And the median was 1.50% per year.

Back to Basics: PB Ratio


ONO Sokki Co PB Ratio Historical Data

The historical data trend for ONO Sokki 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.

ONO Sokki Co PB Ratio Chart

ONO Sokki Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.41 0.40 0.30 0.34

ONO Sokki 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 0.30 0.36 0.36 0.37 0.34

Competitive Comparison of ONO Sokki Co's PB Ratio

For the Scientific & Technical Instruments subindustry, ONO Sokki 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.


ONO Sokki Co's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ONO Sokki Co's PB Ratio distribution charts can be found below:

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



ONO Sokki 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=667.00/1319.509
=0.51

* 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.


ONO Sokki Co  (TSE:6858) 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.


ONO Sokki Co PB Ratio Related Terms

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


ONO Sokki Co (TSE:6858) Business Description

Traded in Other Exchanges
N/A
Address
3-9-3 Shin-Yokohama, Kohoku-ku, Yokohama, JPN, 222-8507
ONO Sokki Co., Ltd. is engaged in the manufacturing and sales of electronic measuring instruments, applied electronic equipment, electronic control systems and related equipment. In addition, the company is involved in the sales of software for information processing systems and provision of engineering services. The company's products include digital measuring instruments, tachometer generators, data analyzers and test systems, torque meters, automobile manufacturing test systems, and industrial automatic systems.

ONO Sokki Co (TSE:6858) Headlines

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