Shizuoka Financial Group (Shizuoka Financial Group) Price-to-Tangible-Book : 0.64 (As of Jun. 19, 2024)

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What is Shizuoka Financial Group Price-to-Tangible-Book?

As of today (2024-06-19), Shizuoka Financial Group's share price is $9.18. Shizuoka Financial Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $14.33. Hence, Shizuoka Financial Group's Price to Tangible Book Ratio of today is 0.64.

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

SFGIF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48 Med: 0.58 Max: 0.68
Current: 0.67

During the past 2 years, Shizuoka Financial Group's highest Price to Tangible Book Ratio was 0.68. The lowest was 0.48. And the median was 0.58.

SFGIF's Price-to-Tangible-Book is ranked better than
72.06% of 1446 companies
in the Banks industry
Industry Median: 0.91 vs SFGIF: 0.67

A closely related ratio is called PB Ratio. As of today, Shizuoka Financial Group's share price is $9.18. Shizuoka Financial Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was $14.61. Hence, Shizuoka Financial Group's P/B Ratio of today is 0.63.

Shizuoka Financial Group Price-to-Tangible-Book Historical Data

The historical data trend for Shizuoka Financial Group'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.

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Shizuoka Financial Group Price-to-Tangible-Book Chart

Shizuoka Financial Group Annual Data

Trend

Mar23

Mar24

Price-to-Tangible-Book

0.56

0.64

Shizuoka Financial Group Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			0.56	0.53	0.57	0.55	0.64

Competitive Comparison of Shizuoka Financial Group's Price-to-Tangible-Book

For the Banks - Regional subindustry, Shizuoka Financial Group'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.

Shizuoka Financial Group's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Shizuoka Financial Group's Price-to-Tangible-Book distribution charts can be found below:

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

Shizuoka Financial Group Price-to-Tangible-Book Calculation

Shizuoka Financial Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	9.18	/	14.334
	=	0.64

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.

Shizuoka Financial Group Price-to-Tangible-Book Related Terms

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

Shizuoka Financial Group (Shizuoka Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Shizuoka Financial Group Inc (OTCPK:SFGIF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

5831:Japan

Address

1-10, Gofukucho, Aoi-ku, Shizuoka-shi, Shizuoka, JPN, 420-0031

Website

https://www.shizuoka-fg.co.jp

Shizuoka Financial Group Inc is involved in the banking business. It provides various banking products and services.

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