Ogaki Kyoritsu Bank (TSE:8361) PB Ratio : 0.27 (As of May. 26, 2024)

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What is Ogaki Kyoritsu Bank 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 (2024-05-26), Ogaki Kyoritsu Bank's share price is 円2185.00. Ogaki Kyoritsu Bank's Book Value per Share for the quarter that ended in Dec. 2023 was 円8,137.51. Hence, Ogaki Kyoritsu Bank's PB Ratio of today is 0.27.

Good Sign:

Ogaki Kyoritsu Bank Ltd stock PB Ratio (=0.27) is close to 1-year low of 0.25

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

TSE:8361' s PB Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.36 Max: 0.68
Current: 0.27

During the past 13 years, Ogaki Kyoritsu Bank's highest PB Ratio was 0.68. The lowest was 0.21. And the median was 0.36.

TSE:8361's PB Ratio is ranked better than
94.25% of 1460 companies
in the Banks industry
Industry Median: 0.86 vs TSE:8361: 0.27

During the past 12 months, Ogaki Kyoritsu Bank's average Book Value Per Share Growth Rate was 17.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ogaki Kyoritsu Bank was 12.30% per year. The lowest was -9.30% per year. And the median was 2.10% per year.

Back to Basics: PB Ratio

Ogaki Kyoritsu Bank PB Ratio Historical Data

The historical data trend for Ogaki Kyoritsu Bank'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.

Ogaki Kyoritsu Bank PB Ratio Chart

Ogaki Kyoritsu Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

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0.32

0.29

0.26

0.27

Ogaki Kyoritsu Bank 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															0.26	0.25	0.29	0.25	0.27

Competitive Comparison of Ogaki Kyoritsu Bank's PB Ratio

For the Banks - Regional subindustry, Ogaki Kyoritsu Bank'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.

Ogaki Kyoritsu Bank's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ogaki Kyoritsu Bank's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ogaki Kyoritsu Bank's PB Ratio falls into.

Ogaki Kyoritsu Bank 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.

Ogaki Kyoritsu Bank's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2185.00	/	8137.513
	=	0.27

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.

Ogaki Kyoritsu Bank (TSE:8361) 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.

Ogaki Kyoritsu Bank PB Ratio Related Terms

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

Ogaki Kyoritsu Bank (TSE:8361) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ogaki Kyoritsu Bank Ltd (TSE:8361) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-98 Kuruwa-machi, Ogaki, Gifu, JPN, 503-8602

Website

http://www.okb.co.jp

Ogaki Kyoritsu Bank Ltd is a Japanese regional bank operating primarily in the island nation's Chubu region. The majority of the bank's branches and locations are in the Gifu and Aichi prefectures, along with its loans and deposits. The balance of the bank's deposits is primarily located in Gifu, while more of the loan balances are located in Aichi. While the bank has few locations in Tokyo/Osaka, it still has a sizable portion of its loan book exposed to the region. The bank has focused its efforts on easing customer access to conduct transactions through financial technology and information technology innovation. Most of its earning assets are in loans and bills discounted, and securities.

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