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Aisan Industry Co (TSE:7283) PB Ratio : 0.66 (As of May. 15, 2024)


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What is Aisan Industry 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 (2024-05-15), Aisan Industry Co's share price is 円1429.00. Aisan Industry Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,158.97. Hence, Aisan Industry Co's PB Ratio of today is 0.66.

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

TSE:7283' s PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.66   Max: 1.05
Current: 0.66

During the past 13 years, Aisan Industry Co's highest PB Ratio was 1.05. The lowest was 0.33. And the median was 0.66.

TSE:7283's PB Ratio is ranked better than
77.16% of 1248 companies
in the Vehicles & Parts industry
Industry Median: 1.47 vs TSE:7283: 0.66

During the past 12 months, Aisan Industry Co's average Book Value Per Share Growth Rate was 27.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aisan Industry Co was 17.30% per year. The lowest was -7.40% per year. And the median was 1.55% per year.

Back to Basics: PB Ratio


Aisan Industry Co PB Ratio Historical Data

The historical data trend for Aisan Industry 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.

Aisan Industry Co PB Ratio Chart

Aisan Industry Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.50 0.47 0.53 0.79

Aisan Industry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.53 0.63 0.69 0.61 0.79

Competitive Comparison of Aisan Industry Co's PB Ratio

For the Auto Parts subindustry, Aisan Industry 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.


Aisan Industry Co's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aisan Industry Co's PB Ratio distribution charts can be found below:

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



Aisan Industry 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1429.00/2158.97
=0.66

* 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.


Aisan Industry Co  (TSE:7283) 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.


Aisan Industry Co PB Ratio Related Terms

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


Aisan Industry Co (TSE:7283) Business Description

Traded in Other Exchanges
Address
1-1-1 Kyowa-cho, Obu-shi, Aichi-ken, JPN, 474-8588
Aisan Industry Co Ltd is a Japan based company engaged in manufacturing and sales of automotive parts. Its products include Fuel system products such as Fuel pump module to regulate pressure of the fuel; Intake and exhaust system products including throttle body, intake manifold, exhaust gas re-circulation product, positive crankcase ventilation valve; Emission control system products such as charcoal canister; Valve train system such as Engine Valve; Products for motorcycle such as FI System for Small Motorcycle, Titanium Alloy Engine Valve for Motorcycle, Charcoal Canister for Motorcycle; and Products for green vehicle includes products for fuel cell vehicle, products for electric vehicle and gas fuel systems for LPG, CNG.

Aisan Industry Co (TSE:7283) Headlines

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