GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Meiwa Corp (TSE:8103) » Definitions » PB Ratio

Meiwa (TSE:8103) PB Ratio : 0.70 (As of Apr. 13, 2025)


View and export this data going back to 1973. Start your Free Trial

What is Meiwa 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 (2025-04-13), Meiwa's share price is 円644.00. Meiwa's Book Value per Share for the quarter that ended in Sep. 2024 was 円915.88. Hence, Meiwa's PB Ratio of today is 0.70.

Good Sign:

Meiwa Corp stock PB Ratio (=0.7) is close to 3-year low of 0.68.

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

TSE:8103' s PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.66   Max: 1.45
Current: 0.7

During the past 13 years, Meiwa's highest PB Ratio was 1.45. The lowest was 0.45. And the median was 0.66.

TSE:8103's PB Ratio is ranked better than
66.46% of 158 companies
in the Industrial Distribution industry
Industry Median: 0.99 vs TSE:8103: 0.70

During the past 12 months, Meiwa's average Book Value Per Share Growth Rate was 8.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Meiwa was 16.10% per year. The lowest was 1.40% per year. And the median was 8.50% per year.

Back to Basics: PB Ratio


Meiwa PB Ratio Historical Data

The historical data trend for Meiwa'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.

Meiwa PB Ratio Chart

Meiwa 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 0.68 0.60 1.07 0.81 0.71

Meiwa Quarterly Data
Sep19 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 0.80 0.76 0.75 0.71 0.71

Competitive Comparison of Meiwa's PB Ratio

For the Industrial Distribution subindustry, Meiwa'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.


Meiwa's PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Meiwa's PB Ratio distribution charts can be found below:

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


;
;

Meiwa 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=644.00/915.877
=0.70

* 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.


Meiwa  (TSE:8103) 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.


Meiwa PB Ratio Related Terms

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


Meiwa Business Description

Traded in Other Exchanges
N/A
Address
3-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8311
Meiwa Corp is a Japan-based company. It operates in nine business divisions. The Battery Materials Division develops consistent values from mineral resources and other starting materials. The Resources and Environment Business Division deals with rare earth, rare metals, metal products, inorganic materials, and environmental business. Resin business offers raw materials for automobiles, and electric machinery. The Medical-related Development Division supports procurement and consignment of drug substances and pharmaceutical intermediates. The Building Materials Division is mainly engaged in the field of insulation, interior, waterproofing, and wooden packaging. The company is also engaged in automobile, high function material, and petroleum business development project.

Meiwa Headlines

No Headlines