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Wedge Co (TSE:252A) Price-to-Tangible-Book : 2.12 (As of May. 21, 2025)


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

As of today (2025-05-21), Wedge Co's share price is 円2566.00. Wedge Co's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was 円1,208.53. Hence, Wedge Co's Price to Tangible Book Ratio of today is 2.12.

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

TSE:252A' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.12
Current: 2.12

During the past 2 years, Wedge Co's highest Price to Tangible Book Ratio was 2.12. The lowest was 0.00. And the median was 0.00.

TSE:252A's Price-to-Tangible-Book is not ranked
in the Hardware industry.
Industry Median: 2.07 vs TSE:252A: 2.12

A closely related ratio is called PB Ratio. As of today, Wedge Co's share price is 円2566.00. Wedge Co's Book Value per Sharefor the quarter that ended in Jun. 2024 was 円1,227.48. Hence, Wedge Co's P/B Ratio of today is 2.09.

Wedge Co Price-to-Tangible-Book Historical Data

The historical data trend for Wedge 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.

Wedge Co Price-to-Tangible-Book Chart

Wedge Co Annual Data
Trend Dec22 Dec23
Price-to-Tangible-Book
- -

Wedge Co Semi-Annual Data
Dec22 Dec23 Jun24
Price-to-Tangible-Book - - -

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

For the Communication Equipment subindustry, Wedge 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.

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

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

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


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Wedge Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=2566.00/1208.528
=2.12

* 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:

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.

Wedge Co Price-to-Tangible-Book Related Terms

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

Wedge Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wedge Co Ltd (TSE:252A) » Definitions » Price-to-Tangible-Book
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Traded in Other Exchanges
N/A
Address
2 Kisshoin Shimizu-cho, Minami-ku, Kyoto Prefecture, Kyoto, JPN, 601-8329
Website
https://www.aaa-wedge.co.jp
Wedge Co Ltd is engaged in the Design, development, sales, maintenance, management, and rental and leasing of wireless communication devices. Its products include Digital simple radio registration stations, Specific low-power transceivers, repeaters, Business radios, Earphones, Microphones, chargers, Battery clips, Storage cases, antennas, GPs and others.

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