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NexTone (TSE:7094) PB Ratio : 2.92 (As of Dec. 13, 2024)


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What is NexTone 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), NexTone's share price is 円1306.00. NexTone's Book Value per Share for the quarter that ended in Sep. 2024 was 円446.81. Hence, NexTone's PB Ratio of today is 2.92.

Good Sign:

NexTone Inc stock PB Ratio (=2.88) is close to 1-year low of 2.66

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

TSE:7094' s PB Ratio Range Over the Past 10 Years
Min: 2.54   Med: 10.04   Max: 16.72
Current: 2.86

During the past 7 years, NexTone's highest PB Ratio was 16.72. The lowest was 2.54. And the median was 10.04.

TSE:7094's PB Ratio is ranked worse than
69.02% of 1020 companies
in the Business Services industry
Industry Median: 1.8 vs TSE:7094: 2.86

During the past 12 months, NexTone's average Book Value Per Share Growth Rate was 16.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.20% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of NexTone was 27.50% per year. The lowest was 15.30% per year. And the median was 19.70% per year.

Back to Basics: PB Ratio


NexTone PB Ratio Historical Data

The historical data trend for NexTone'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.

NexTone PB Ratio Chart

NexTone Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial 3.68 12.52 9.56 8.40 3.40

NexTone Quarterly Data
Mar19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 6.07 4.32 3.01 3.40 3.80

Competitive Comparison of NexTone's PB Ratio

For the Specialty Business Services subindustry, NexTone'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.


NexTone's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NexTone's PB Ratio distribution charts can be found below:

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



NexTone 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.

NexTone's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=1306.00/446.813
=2.92

* 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.


NexTone  (TSE:7094) 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.


NexTone PB Ratio Related Terms

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


NexTone Business Description

Traded in Other Exchanges
N/A
Address
1-1-39 Hiroo, 20th Floor Ebisu Prime Square Tower, Shibuya-ku, Tokyo, JPN, 150-0012
NexTone Inc is a provider of solutions for rights holders offering flexible copyright management and licensing, transparent operations and processing, and equitable royalty distribution. The company provides copyright management services for the right holders and music users. Its business support services include digital content service, casting service, services for music users, and system development services.

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