Ohara (FRA:9IE) Price-to-Tangible-Book : 0.65 (As of May. 26, 2024)

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What is Ohara Price-to-Tangible-Book?

As of today (2024-05-26), Ohara's share price is €7.80. Ohara's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was €12.06. Hence, Ohara's Price to Tangible Book Ratio of today is 0.65.

The historical rank and industry rank for Ohara's Price-to-Tangible-Book or its related term are showing as below:

FRA:9IE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32 Med: 0.66 Max: 2.01
Current: 0.71

During the past 13 years, Ohara's highest Price to Tangible Book Ratio was 2.01. The lowest was 0.32. And the median was 0.66.

FRA:9IE's Price-to-Tangible-Book is ranked better than
88.16% of 2298 companies
in the Hardware industry
Industry Median: 2.06 vs FRA:9IE: 0.71

A closely related ratio is called PB Ratio. As of today, Ohara's share price is €7.80. Ohara's Book Value per Sharefor the quarter that ended in Jan. 2024 was €12.13. Hence, Ohara's P/B Ratio of today is 0.64.

Ohara Price-to-Tangible-Book Historical Data

The historical data trend for Ohara's Price-to-Tangible-Book 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.

Ohara Price-to-Tangible-Book Chart

Ohara Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.82

0.64

0.63

Ohara Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.65	0.60	0.73	0.63	0.61

Competitive Comparison of Ohara's Price-to-Tangible-Book

For the Electronic Components subindustry, Ohara's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Ohara's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ohara's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ohara's Price-to-Tangible-Book falls into.

Ohara Price-to-Tangible-Book Calculation

Ohara's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	7.80	/	12.059
	=	0.65

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Ohara Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Ohara's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Ohara (FRA:9IE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ohara Inc (FRA:9IE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

5218:Japan

Address

1-15-30, Oyama, Chuo-ku, Kanagawa, Sagamihara-Shi, JPN, 252-5286

Website

http://www.ohara-inc.co.jp

Ohara Inc is engaged in the manufacturing and sales of optical glass products and electronic products. It operates through the Optical and Electronics divisions. The Optical division manufactures and sells optical glass materials for digital-related products such as digital cameras and liquid crystal (LC) projectors, as well as a lens for mold presses, among others. The Electronics division manufactures and sells glass discs of hard disc drives that are used in mobile devices, high-homogenous glass materials and low-expansion glass-ceramic used in semiconductor manufacturing machinery and others. It derives prime revenue from the Optical business segment.

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