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Oki Electric Industry Co (Oki Electric Industry Co) PB Ratio : 0.76 (As of Apr. 25, 2024)


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What is Oki Electric Industry 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 (2024-04-25), Oki Electric Industry Co's share price is $6.44. Oki Electric Industry Co's Book Value per Share for the quarter that ended in Dec. 2023 was $8.51. Hence, Oki Electric Industry Co's PB Ratio of today is 0.76.

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

OKIEF' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.23   Max: 3.25
Current: 0.89

During the past 13 years, Oki Electric Industry Co's highest PB Ratio was 3.25. The lowest was 0.60. And the median was 1.23.

OKIEF's PB Ratio is ranked better than
78.51% of 2392 companies
in the Hardware industry
Industry Median: 1.81 vs OKIEF: 0.89

During the past 12 months, Oki Electric Industry Co's average Book Value Per Share Growth Rate was 13.70% 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 0.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Oki Electric Industry Co was 34.70% per year. The lowest was -29.70% per year. And the median was -2.90% per year.

Back to Basics: PB Ratio


Oki Electric Industry Co PB Ratio Historical Data

The historical data trend for Oki Electric Industry 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.

Oki Electric Industry Co PB Ratio Chart

Oki Electric Industry Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.05 1.01 0.71 0.63

Oki Electric Industry 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 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 0.65 0.63 0.66 0.75 0.76

Competitive Comparison of Oki Electric Industry Co's PB Ratio

For the Communication Equipment subindustry, Oki Electric Industry 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.


Oki Electric Industry Co's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Oki Electric Industry Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Oki Electric Industry Co's PB Ratio falls into.



Oki Electric Industry 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.

Oki Electric Industry Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=6.44/8.514
=0.76

* 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.


Oki Electric Industry Co  (OTCPK:OKIEF) 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.


Oki Electric Industry Co PB Ratio Related Terms

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


Oki Electric Industry Co (Oki Electric Industry Co) Business Description

Traded in Other Exchanges
Address
1-7-12 Toranomon, Minato-ku, Tokyo, JPN, 105-8460
Oki Electric Industry Co Ltd is a Japanese manufacturer of telecommunications and printer products to telecommunication carriers, financial institutions, government agencies, and corporations. Its business is organized by product line into: information and communication technology, including traffic infrastructure-, disaster-, and self defense-related systems; mechatronics systems, including ATMs, cash handling equipment, and bank branch terminals; printers, including color printers, wide-format inkjets, and multifunction printers; and electronics manufacturing services for industrial, medical, and communications equipment.

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