Life (TSE:8194) PB Ratio : 1.38 (As of May. 21, 2024)

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What is Life 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 (2024-05-21), Life's share price is 円4025.00. Life's Book Value per Share for the quarter that ended in Nov. 2023 was 円2,916.05. Hence, Life's PB Ratio of today is 1.38.

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

TSE:8194' s PB Ratio Range Over the Past 10 Years
Min: 0.89 Med: 1.65 Max: 3.4
Current: 1.38

During the past 13 years, Life's highest PB Ratio was 3.40. The lowest was 0.89. And the median was 1.65.

TSE:8194's PB Ratio is ranked better than
59.73% of 298 companies
in the Retail - Defensive industry
Industry Median: 1.755 vs TSE:8194: 1.38

During the past 12 months, Life's average Book Value Per Share Growth Rate was 12.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Life was 14.40% per year. The lowest was 4.20% per year. And the median was 8.10% per year.

Back to Basics: PB Ratio

Life PB Ratio Historical Data

The historical data trend for Life'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.

Life PB Ratio Chart

Life Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

PB Ratio

Get a 7-Day Free Trial

1.35

1.51

1.29

1.06

1.32

Life Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
PB Ratio	Get a 7-Day Free Trial															1.06	1.07	1.33	1.21	1.32

Competitive Comparison of Life's PB Ratio

For the Grocery Stores subindustry, Life'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.

Life's PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Life's PB Ratio distribution charts can be found below:

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

Life 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Nov. 2023)
	=	4025.00	/	2916.05
	=	1.38

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Life (TSE:8194) 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.

Life PB Ratio Related Terms

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

Life (TSE:8194) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Life Corp (TSE:8194) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-16 Taito, Taito- ku, Tokyo, JPN, 110-0016

Website

http://www.lifecorp.jp

Life Corp is a Japanese supermarket chain operator. The company is domiciled in Japan and generates the majority of revenue domestically. Life Corporation operates stores in Osaka, Tokyo, Hyogo, Kyoto, Nara, Saitama, Chiba, and Kanagawa, and derives the majority of revenue from stores located in Osaka and Tokyo. The company's supermarkets focus on the retail of seafood products, bakery products, food products, fresh fruit and vegetables, meat products, clothing, toilet paper, and craft products. The supermarkets carry a private-label brand of packaged foods.

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