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Healthcare & Medical Investment (TSE:3455) Price-to-Tangible-Book : 0.97 (As of Dec. 16, 2024)


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What is Healthcare & Medical Investment Price-to-Tangible-Book?

As of today (2024-12-16), Healthcare & Medical Investment's share price is 円103800.00. Healthcare & Medical Investment's Tangible Book per Share of Jul. 2024 for the quarter that ended in Jul. 2024 was 円107,505.36. Hence, Healthcare & Medical Investment's Price to Tangible Book Ratio of today is 0.97.

The historical rank and industry rank for Healthcare & Medical Investment's Price-to-Tangible-Book or its related term are showing as below:

TSE:3455' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95   Med: 1.16   Max: 1.61
Current: 0.97

During the past 10 years, Healthcare & Medical Investment's highest Price to Tangible Book Ratio was 1.61. The lowest was 0.95. And the median was 1.16.

TSE:3455's Price-to-Tangible-Book is ranked worse than
66.56% of 906 companies
in the REITs industry
Industry Median: 0.8 vs TSE:3455: 0.97

A closely related ratio is called PB Ratio. As of today, Healthcare & Medical Investment's share price is 円103800.00. Healthcare & Medical Investment's Book Value per Sharefor the quarter that ended in Jul. 2024 was 円107,510.35. Hence, Healthcare & Medical Investment's P/B Ratio of today is 0.97.


Healthcare & Medical Investment Price-to-Tangible-Book Historical Data

The historical data trend for Healthcare & Medical Investment'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.

Healthcare & Medical Investment Price-to-Tangible-Book Chart

Healthcare & Medical Investment Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.44 1.61 1.43 1.16

Healthcare & Medical Investment Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 1.49 1.43 1.23 1.16

Competitive Comparison of Healthcare & Medical Investment's Price-to-Tangible-Book

For the REIT - Healthcare Facilities subindustry, Healthcare & Medical Investment'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.


Healthcare & Medical Investment's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Healthcare & Medical Investment's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Healthcare & Medical Investment's Price-to-Tangible-Book falls into.



Healthcare & Medical Investment Price-to-Tangible-Book Calculation

Healthcare & Medical Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jul. 2024 )
=103800.00/107505.36
=0.97

* 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:

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.


Healthcare & Medical Investment Price-to-Tangible-Book Related Terms

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


Healthcare & Medical Investment Business Description

Traded in Other Exchanges
N/A
Address
3-3, Kanda-ogawamachi, Chiyoda-ku, Tokyo, JPN
Healthcare & Medical Investment Corp is an investment company, which invests in nursing homes facilities and medical related real properties. The company aims to achieve stable earnings from mid- to long-term perspectives through investment in real estate and other related assets. The firm primarily invests in facilities and buildings for the elderly, as well as medical related facilities.

Healthcare & Medical Investment Headlines

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