Artience Co (FRA:TO5) PB Ratio : 0.60 (As of May. 11, 2024)

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

What is Artience 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 (2024-05-11), Artience Co's share price is €17.60. Artience Co's Book Value per Share for the quarter that ended in Dec. 2023 was €29.53. Hence, Artience Co's PB Ratio of today is 0.60.

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

FRA:TO5' s PB Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.67 Max: 0.97
Current: 0.62

During the past 13 years, Artience Co's highest PB Ratio was 0.97. The lowest was 0.42. And the median was 0.67.

FRA:TO5's PB Ratio is ranked better than
86.34% of 1530 companies
in the Chemicals industry
Industry Median: 1.645 vs FRA:TO5: 0.62

During the past 12 months, Artience Co's average Book Value Per Share Growth Rate was 12.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Artience Co was 13.10% per year. The lowest was -4.50% per year. And the median was 3.25% per year.

Back to Basics: PB Ratio

Artience Co PB Ratio Historical Data

The historical data trend for Artience 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.

Artience Co PB Ratio Chart

Artience Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.69

0.53

0.48

0.43

0.56

Artience Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.43	0.47	0.46	0.49	0.56

Competitive Comparison of Artience Co's PB Ratio

For the Specialty Chemicals subindustry, Artience 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.

Artience Co's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Artience Co's PB Ratio distribution charts can be found below:

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

Artience 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	17.60	/	29.525
	=	0.60

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.

Artience Co (FRA:TO5) 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.

Artience Co PB Ratio Related Terms

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

Artience Co (FRA:TO5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Artience Co Ltd (FRA:TO5) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

4634:Japan

Address

3-13 Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-8377

Website

https://schd.toyoinkgroup.com

Artience Co Ltd is a holding company whose subsidiaries manufacture and sell a variety of chemicals and inks. The firm organizes itself into various segments based on product type. The printing and information segment, which generates the Most revenue, sells printing inks used for ink-jet printers, newspapers, magazines, and other printed materials. The colorants and functional materials segment sells pigments, plastic colorants, and liquid crystal display color filter materials. The polymers and coatings segments sells coatings, adhesives, plastic resins, and can coatings. The packaging materials segment sells packaging inks used for food and consumer goods packaging. Most of Toyo Ink's revenue comes from Japan.

Artience Co (FRA:TO5) Headlines

No Headlines