JFE Holdings (TSE:5411) PB Ratio : 0.61 (As of Apr. 25, 2024)

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What is JFE Holdings 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), JFE Holdings's share price is 円2319.00. JFE Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was 円3,824.43. Hence, JFE Holdings's PB Ratio of today is 0.61.

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

TSE:5411' s PB Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.55 Max: 0.98
Current: 0.6

During the past 13 years, JFE Holdings's highest PB Ratio was 0.98. The lowest was 0.21. And the median was 0.55.

TSE:5411's PB Ratio is ranked better than
71.22% of 608 companies
in the Steel industry
Industry Median: 1.005 vs TSE:5411: 0.60

During the past 12 months, JFE Holdings's average Book Value Per Share Growth Rate was 4.60% 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 2.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JFE Holdings was 29.30% per year. The lowest was -4.40% per year. And the median was 2.60% per year.

Back to Basics: PB Ratio

JFE Holdings PB Ratio Historical Data

The historical data trend for JFE Holdings'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.

JFE Holdings PB Ratio Chart

JFE Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.56

0.25

0.47

0.50

0.46

JFE Holdings 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															0.42	0.46	0.54	0.55	0.57

Competitive Comparison of JFE Holdings's PB Ratio

For the Steel subindustry, JFE Holdings'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.

JFE Holdings's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, JFE Holdings's PB Ratio distribution charts can be found below:

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

JFE Holdings 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2319.00	/	3824.43
	=	0.61

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.

JFE Holdings (TSE:5411) 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.

JFE Holdings PB Ratio Related Terms

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

JFE Holdings (TSE:5411) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » JFE Holdings Inc (TSE:5411) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

JFEEF:USA JFR:Germany

Address

2-2-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

http://www.jfe-holdings.co.jp

JFE Holdings Inc is a Japan-based company operating through three subsidiaries, namely JFE Steel, JFE Engineering and JFE Shoji. JFE Steel produces and sells a wide range of steel products and raw materials, and also operates peripheral businesses such as transporting, maintenance and construction of equipment. JFE Engineering provides engineering services for energy, urban environment, recycle, steel construction and industrial machines and systems. JFE Shoji purchases, processes and sells steel products, raw materials for steel production, nonferrous metal products, food, etc. Steel manufacturing and trading account for majority of JFE's revenue. The company generates most of its sales from the Japanese market.

JFE Holdings (TSE:5411) Headlines

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