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The Bank of Toyama (TSE:8365) PB Ratio : 0.28 (As of Dec. 12, 2024)


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What is The Bank of Toyama 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 (2024-12-12), The Bank of Toyama's share price is 円1530.00. The Bank of Toyama's Book Value per Share for the quarter that ended in Sep. 2024 was 円5,461.74. Hence, The Bank of Toyama's PB Ratio of today is 0.28.

Good Sign:

The Bank of Toyama Ltd stock PB Ratio (=0.28) is close to 3-year low of 0.28

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

TSE:8365' s PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.42   Max: 0.8
Current: 0.28

During the past 13 years, The Bank of Toyama's highest PB Ratio was 0.80. The lowest was 0.19. And the median was 0.42.

TSE:8365's PB Ratio is ranked better than
94.38% of 1529 companies
in the Banks industry
Industry Median: 0.94 vs TSE:8365: 0.28

During the past 12 months, The Bank of Toyama's average Book Value Per Share Growth Rate was -4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of The Bank of Toyama was 153.70% per year. The lowest was -50.00% per year. And the median was -1.50% per year.

Back to Basics: PB Ratio


The Bank of Toyama PB Ratio Historical Data

The historical data trend for The Bank of Toyama'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.

The Bank of Toyama PB Ratio Chart

The Bank of Toyama 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 0.34 0.53 0.36 0.31 0.36

The Bank of Toyama 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 0.29 0.34 0.31 0.36 0.29

Competitive Comparison of The Bank of Toyama's PB Ratio

For the Banks - Regional subindustry, The Bank of Toyama'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.


The Bank of Toyama's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where The Bank of Toyama's PB Ratio falls into.



The Bank of Toyama 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.

The Bank of Toyama's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=1530.00/5461.741
=0.28

* 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.


The Bank of Toyama  (TSE:8365) 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.


The Bank of Toyama PB Ratio Related Terms

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


The Bank of Toyama Business Description

Traded in Other Exchanges
N/A
Address
22 Moriyama-machi, Toyama Prefecture, Takaoka, JPN, 933-8606
The Bank of Toyama Ltd provides banking and financial services to customers. It offers services like time deposit, savings deposit, mutual fund, insurance, housing loan, car loan, education loan, and others.

The Bank of Toyama Headlines

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