Vario Secure (TSE:4494) Price-to-Tangible-Book : 19.39 (As of Jun. 25, 2024)

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What is Vario Secure Price-to-Tangible-Book?

As of today (2024-06-25), Vario Secure's share price is 円643.00. Vario Secure's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was 円33.17. Hence, Vario Secure's Price to Tangible Book Ratio of today is 19.39.

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

TSE:4494' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 19.14 Med: 99.23 Max: 178.16
Current: 19.38

During the past 7 years, Vario Secure's highest Price to Tangible Book Ratio was 178.16. The lowest was 19.14. And the median was 99.23.

TSE:4494's Price-to-Tangible-Book is ranked worse than
89.37% of 2088 companies
in the Software industry
Industry Median: 3.44 vs TSE:4494: 19.38

A closely related ratio is called PB Ratio. As of today, Vario Secure's share price is 円643.00. Vario Secure's Book Value per Sharefor the quarter that ended in Feb. 2024 was 円1,227.87. Hence, Vario Secure's P/B Ratio of today is 0.52.

Vario Secure Price-to-Tangible-Book Historical Data

The historical data trend for Vario Secure'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.

Vario Secure Price-to-Tangible-Book Chart

Vario Secure Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Price-to-Tangible-Book

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178.16

20.29

Vario Secure Quarterly Data
	Feb18	Feb19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial															178.16	-	904.55	35.56	20.29

Competitive Comparison of Vario Secure's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Vario Secure'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.

Vario Secure's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Vario Secure's Price-to-Tangible-Book distribution charts can be found below:

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

Vario Secure Price-to-Tangible-Book Calculation

Vario Secure's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2024 )
	=	643.00	/	33.167
	=	19.39

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.

Vario Secure Price-to-Tangible-Book Related Terms

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

Vario Secure (TSE:4494) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vario Secure Inc (TSE:4494) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sumitomo Shoji Nishikicho, Building 1-6 Kandanishikicho Chiyoda-ku, Tokyo, JPN, 101-0054

Website

https://www.variosecure.net

Vario Secure Inc is engaged in providing internet security services which protect network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and unique operation system. The company provides one-stop security services from installation and implementation to operation, monitoring and support to small and medium-sized enterprises which have difficulties in sparing dedicated personnel to IT issues which have been and are becoming sophisticated and complicated day to day.

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