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The historical rank and industry rank for Japan Smaller Capitalization Fund's Price-to-Tangible-Book or its related term are showing as below:
JOF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82 Med: 0.88 Max: 0.91
Current: 0.9
During the past 9 years, Japan Smaller Capitalization Fund's highest Price to Tangible Book Ratio was 0.91. The lowest was 0.82. And the median was 0.88.
JOF's Price-to-Tangible-Book is ranked better than 56.04% of 1522
companies
in the Asset Management industry
Industry Median: 0.93
vs JOF: 0.90
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.
Japan Smaller Capitalization Fund Price-to-Tangible-Book Related Terms
Japan Smaller Capitalization Fund Price-to-Tangible-Book Historical Data
* 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.
Japan Smaller Capitalization Fund Price-to-Tangible-Book Chart
JOF vs AWP, SCD, NAN: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Japan Smaller Capitalization Fund'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.
Japan Smaller Capitalization Fund Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Japan Smaller Capitalization Fund's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Japan Smaller Capitalization Fund's Price-to-Tangible-Book falls into.
* 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 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.
Japan Smaller Capitalization Fund (JOF) has a Price-to-Tangible-Book of 0.90 as of Sep. 14, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Japan Smaller Capitalization Fund and its competitors. According to the industry distribution chart, Japan Smaller Capitalization Fund ranks #669 out of 1522 companies in the Asset Management industry, placing it in the top 44%.
Is Japan Smaller Capitalization Fund's Price-to-Tangible-Book too high?
Japan Smaller Capitalization Fund's current Price-to-Tangible-Book is 0.90. The Asset Management industry median Price-to-Tangible-Book is 0.93. Japan Smaller Capitalization Fund's value of 0.90 is 3.2% below this industry median. Based on the distribution chart, Japan Smaller Capitalization Fund ranks #669 out of 1522 companies in the Asset Management industry, which is above the industry midpoint. Overall, Japan Smaller Capitalization Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Japan Smaller Capitalization Fund's Price-to-Tangible-Book compare to AWP and SCD?
According to the Asset Management industry distribution chart, Japan Smaller Capitalization Fund ranks #669 out of 1522 companies for Price-to-Tangible-Book. This puts Japan Smaller Capitalization Fund in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.93. Japan Smaller Capitalization Fund's value of 0.90 is 3.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Asset Management company?
The median Price-to-Tangible-Book among Asset Management companies is 0.93, based on 1,522 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Smaller Capitalization Fund's current Price-to-Tangible-Book of 0.90 is 3.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Japan Smaller Capitalization Fund and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Smaller Capitalization Fund's current Price-to-Tangible-Book is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Smaller Capitalization Fund stock overvalued right now?
Japan Smaller Capitalization Fund (JOF) has a current Price-to-Tangible-Book of 0.90. The current Price-to-Tangible-Book is 0.90 and 3.2% below the Asset Management industry median of 0.93. Japan Smaller Capitalization Fund's overall GF Score™ is 37/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Japan Smaller Capitalization Fund (JOF), the current Price-to-Tangible-Book is 0.90 as of Sep. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Japan Smaller Capitalization Fund Inc is a closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investments in smaller capitalization Japanese equity securities. Its portfolio of investments consists of different sectors such as banks, chemicals, construction, electric appliances, financing business, food, Information and Communication, Utilities, Real Estate, and others.
37GF Score
Get the complete analysis for JOF
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