GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Invincible Investment Corp (TSE:8963) » Definitions » PB Ratio

Invincible Investment (TSE:8963) PB Ratio : 1.69 (As of Apr. 29, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Invincible Investment 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 (2024-04-29), Invincible Investment's share price is 円70500.00. Invincible Investment's Book Value per Share for the quarter that ended in Jun. 2023 was 円41,664.88. Hence, Invincible Investment's PB Ratio of today is 1.69.

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

TSE:8963' s PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.3   Max: 3.22
Current: 1.69

During the past 13 years, Invincible Investment's highest PB Ratio was 3.22. The lowest was 0.46. And the median was 1.30.

TSE:8963's PB Ratio is ranked worse than
89.41% of 850 companies
in the REITs industry
Industry Median: 0.83 vs TSE:8963: 1.69

During the past 12 months, Invincible Investment's average Book Value Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Invincible Investment was 18.00% per year. The lowest was -30.40% per year. And the median was 1.90% per year.

Back to Basics: PB Ratio


Invincible Investment PB Ratio Historical Data

The historical data trend for Invincible Investment'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.

Invincible Investment PB Ratio Chart

Invincible Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 0.81 0.90 1.24 -

Invincible Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.90 0.99 1.24 1.37 -

Competitive Comparison of Invincible Investment's PB Ratio

For the REIT - Hotel & Motel subindustry, Invincible Investment'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.


Invincible Investment's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Invincible Investment's PB Ratio distribution charts can be found below:

* The bar in red indicates where Invincible Investment's PB Ratio falls into.



Invincible Investment 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.

Invincible Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=70500.00/41664.878
=1.69

* 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.


Invincible Investment  (TSE:8963) 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.


Invincible Investment PB Ratio Related Terms

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


Invincible Investment (TSE:8963) Business Description

Traded in Other Exchanges
N/A
Address
Roppongi Hills Mori Tower 6-10-1 Roppongi, Minato-ku, Tokyo, JPN
Invincible Investment Corp is a Japanese real estate investment trust. It aims to ensure steady asset growth and stable revenues from a medium-to-long-term perspective through investing in real estate properties. The company invests primarily in residential properties or hotels, or real estate assets and other assets backed by such residential properties or hotels and real estate-backed securities.

Invincible Investment (TSE:8963) Headlines

No Headlines