Star Asia Investment (TSE:3468) Price-to-Tangible-Book : 1.18 (As of May. 23, 2024)

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What is Star Asia Investment Price-to-Tangible-Book?

As of today (2024-05-23), Star Asia Investment's share price is 円61100.00. Star Asia Investment's Tangible Book per Share of Jan. 2023 for the quarter that ended in Jan. 2023 was 円51,711.15. Hence, Star Asia Investment's Price to Tangible Book Ratio of today is 1.18.

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

TSE:3468's Price-to-Tangible-Book is not ranked ^*
in the REITs industry.
Industry Median: 0.83
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Star Asia Investment's share price is 円61100.00. Star Asia Investment's Book Value per Sharefor the quarter that ended in Jan. 2023 was 円53,835.48. Hence, Star Asia Investment's P/B Ratio of today is 1.13.

Star Asia Investment Price-to-Tangible-Book Historical Data

The historical data trend for Star Asia 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.

Star Asia Investment Price-to-Tangible-Book Chart

Star Asia Investment Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Price-to-Tangible-Book

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1.16

1.24

1.56

1.19

1.16

Star Asia Investment Semi-Annual Data
	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial								1.19	1.18	1.16	1.02	-

Competitive Comparison of Star Asia Investment's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Star Asia 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.

Star Asia Investment's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Star Asia Investment's Price-to-Tangible-Book falls into.

Star Asia Investment Price-to-Tangible-Book Calculation

Star Asia Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2023 )
	=	61100.00	/	51711.148
	=	1.18

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.

Star Asia Investment Price-to-Tangible-Book Related Terms

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

Star Asia Investment (TSE:3468) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Star Asia Investment Corp (TSE:3468) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-5-1, Atago, 18th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-0002

Website

http://www.starasia-reit.com

Star Asia Investment Corp is a real estate investment trust (REIT). The company mainly invests in real estate properties such as business offices, logistics facilities, residential buildings and hotels. It aims to achieve internal and external growth in asset and maximize investors' profit from mid-term to long-term perspectives.

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