Toagosei Co (Toagosei Co) Price-to-Tangible-Book : 0.77 (As of May. 14, 2024)

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What is Toagosei Co Price-to-Tangible-Book?

As of today (2024-05-14), Toagosei Co's share price is $9.47. Toagosei Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $12.27. Hence, Toagosei Co's Price to Tangible Book Ratio of today is 0.77.

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

TOAGF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66 Med: 0.85 Max: 1.04
Current: 0.9

During the past 13 years, Toagosei Co's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.66. And the median was 0.85.

TOAGF's Price-to-Tangible-Book is ranked better than
79.48% of 1486 companies
in the Chemicals industry
Industry Median: 1.83 vs TOAGF: 0.90

A closely related ratio is called PB Ratio. As of today, Toagosei Co's share price is $9.47. Toagosei Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was $12.37. Hence, Toagosei Co's P/B Ratio of today is 0.77.

Toagosei Co Price-to-Tangible-Book Historical Data

The historical data trend for Toagosei Co'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.

Toagosei Co Price-to-Tangible-Book Chart

Toagosei Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.87

0.71

0.77

0.66

0.70

Toagosei Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.66	0.67	0.70	0.70	0.77

Competitive Comparison of Toagosei Co's Price-to-Tangible-Book

For the Chemicals subindustry, Toagosei Co'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.

Toagosei Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toagosei Co's Price-to-Tangible-Book distribution charts can be found below:

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

Toagosei Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	9.47	/	12.274
	=	0.77

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.

Toagosei Co Price-to-Tangible-Book Related Terms

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

Toagosei Co (Toagosei Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Toagosei Co Ltd (OTCPK:TOAGF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

4045:Japan

Address

1-14-1 Nishi Shinbashi, Minatoku, Tokyo, JPN, 105-8419

Website

http://www.toagosei.co.jp

Toagosei Co Ltd manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into four segments based on product type. The acrylic products segment, which generates more revenue than any other segment, sells acrylate esters, acrylic polymers, and UV-curable resins, which are used in paints, textiles and cosmetics, and electronics. The commodity chemicals segment sells caustic soda, sulfuric acid, and sodium hypochlorite, which are used to make paper, fertilizers, and water treatment products. The specialty chemicals segment sells adhesives, electronic materials, and construction materials. The plastics segment sells piping equipment and nursing care products. The majority of revenue comes from Japan.

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