Takara Holdings (TSE:2531) Price-to-Tangible-Book : 1.02 (As of May. 09, 2024)

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What is Takara Holdings Price-to-Tangible-Book?

As of today (2024-05-09), Takara Holdings's share price is 円1066.00. Takara Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円1,046.71. Hence, Takara Holdings's Price to Tangible Book Ratio of today is 1.02.

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

TSE:2531' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1 Med: 1.65 Max: 2.69
Current: 1.02

During the past 13 years, Takara Holdings's highest Price to Tangible Book Ratio was 2.69. The lowest was 1.00. And the median was 1.65.

TSE:2531's Price-to-Tangible-Book is ranked better than
72.22% of 180 companies
in the Beverages - Alcoholic industry
Industry Median: 2.205 vs TSE:2531: 1.02

A closely related ratio is called PB Ratio. As of today, Takara Holdings's share price is 円1066.00. Takara Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円1,147.92. Hence, Takara Holdings's P/B Ratio of today is 0.93.

Takara Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Takara Holdings'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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Takara Holdings Price-to-Tangible-Book Chart

Takara Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.04

1.24

2.11

1.32

1.07

Takara Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.08	1.07	1.21	1.17	1.18

Competitive Comparison of Takara Holdings's Price-to-Tangible-Book

For the Beverages - Brewers subindustry, Takara Holdings'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.

Takara Holdings's Price-to-Tangible-Book Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Takara Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Takara Holdings Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1066.00	/	1046.705
	=	1.02

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.

Takara Holdings Price-to-Tangible-Book Related Terms

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

Takara Holdings (TSE:2531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Takara Holdings Inc (TSE:2531) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TAX:Germany

Address

20 Naginataboko-cho, Shijo-dori Karasuma Higashi-iru, Shimogyo-ku, Kyoto, JPN, 600-8688

Website

http://www.takara.co.jp

Takara Holdings Inc operates three businesses: Alcoholic Beverages and Seasonings, Biomedical, and Health Foods. Roughly 80% of the company's sales come from Japan. The Alcoholic Beverages and Seasonings business, which manufactures shochu, sake, light-alcohol refreshers, seasonings, and raw alcohol, generates the vast majority of the company's revenue. Most remaining revenue comes from the biomedical business, which primarily manufactures and sells reagents and other instruments for biomedical researchers but also provides contract research services and develops health food ingredients. Takara's foods business develops and sells health food products that are largely based on seaweed, algae, and herbs.

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