Okamura Foods Co (TSE:2938) Price-to-Tangible-Book : 2.65 (As of Jun. 20, 2024)

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What is Okamura Foods Co Price-to-Tangible-Book?

As of today (2024-06-20), Okamura Foods Co's share price is 円3375.00. Okamura Foods Co's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was 円1,271.77. Hence, Okamura Foods Co's Price to Tangible Book Ratio of today is 2.65.

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

TSE:2938' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2.76
Current: 2.65

During the past 3 years, Okamura Foods Co's highest Price to Tangible Book Ratio was 2.76. The lowest was 0.00. And the median was 0.00.

TSE:2938's Price-to-Tangible-Book is ranked worse than
69.67% of 1718 companies
in the Consumer Packaged Goods industry
Industry Median: 1.67 vs TSE:2938: 2.65

A closely related ratio is called PB Ratio. As of today, Okamura Foods Co's share price is 円3375.00. Okamura Foods Co's Book Value per Sharefor the quarter that ended in Jun. 2023 was 円1,280.25. Hence, Okamura Foods Co's P/B Ratio of today is 2.64.

Okamura Foods Co Price-to-Tangible-Book Historical Data

The historical data trend for Okamura Foods 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.

Okamura Foods Co Price-to-Tangible-Book Chart

Okamura Foods Co Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Okamura Foods Co Semi-Annual Data
	Jun21	Jun22	Jun23
Price-to-Tangible-Book	-	-	-

Competitive Comparison of Okamura Foods Co's Price-to-Tangible-Book

For the Farm Products subindustry, Okamura Foods 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.

Okamura Foods Co's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Okamura Foods Co's Price-to-Tangible-Book distribution charts can be found below:

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

Okamura Foods Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	3375.00	/	1271.77
	=	2.65

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.

Okamura Foods Co Price-to-Tangible-Book Related Terms

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

Okamura Foods Co (TSE:2938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Okamura Foods Co Ltd (TSE:2938) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-6-11 Yaeda, Aomori Prefecture, Aomori, JPN, 030-0912

Website

https://www.okamurashokuhin.co.jp

Okamura Foods Co Ltd is engaged in the business of aquaculture, Salmon farming, processing and sales of marine products, wholesale of marine products.

Okamura Foods Co (TSE:2938) Headlines

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