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Keihan Holdings Co (TSE:9045) PB Ratio : 1.10 (As of May. 21, 2024)


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What is Keihan Holdings 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 (2024-05-21), Keihan Holdings Co's share price is 円3052.00. Keihan Holdings Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,784.65. Hence, Keihan Holdings Co's PB Ratio of today is 1.10.

Good Sign:

Keihan Holdings Co Ltd stock PB Ratio (=1.12) is close to 10-year low of 1.12

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

TSE:9045' s PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.83   Max: 2.43
Current: 1.1

During the past 13 years, Keihan Holdings Co's highest PB Ratio was 2.43. The lowest was 1.10. And the median was 1.83.

TSE:9045's PB Ratio is ranked worse than
52.14% of 514 companies
in the Conglomerates industry
Industry Median: 1.065 vs TSE:9045: 1.10

During the past 12 months, Keihan Holdings Co's average Book Value Per Share Growth Rate was 11.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Keihan Holdings Co was 9.80% per year. The lowest was -1.50% per year. And the median was 5.90% per year.

Back to Basics: PB Ratio


Keihan Holdings Co PB Ratio Historical Data

The historical data trend for Keihan Holdings 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.

Keihan Holdings Co PB Ratio Chart

Keihan Holdings 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 2.06 2.02 1.28 1.38 1.22

Keihan Holdings 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 1.38 1.48 1.51 1.37 1.22

Competitive Comparison of Keihan Holdings Co's PB Ratio

For the Conglomerates subindustry, Keihan Holdings 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.


Keihan Holdings Co's PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Keihan Holdings Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Keihan Holdings Co's PB Ratio falls into.



Keihan Holdings 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.

Keihan Holdings Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3052.00/2784.651
=1.10

* 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.


Keihan Holdings Co  (TSE:9045) 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.


Keihan Holdings Co PB Ratio Related Terms

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


Keihan Holdings Co (TSE:9045) Business Description

Traded in Other Exchanges
Address
1-7-31 Otemae, Chuo-ku, Osaka, JPN, 573-0032
Keihan Electric Railway is a Japanese conglomerate that operates four business segments: transportation, real estate, retail distribution, and leisure and service. Transportation includes a railway system as well as buses and bus services. Real estate, the largest segment by revenue, involves sales or leasing of real estate, wholesale of construction materials, and the design of real estate projects. Retail distribution operates department stores and malls. Leisure and service consists of hotel and sightseeing cruise businesses. The group also operates a credit card business.

Keihan Holdings Co (TSE:9045) Headlines

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