Eiken Chemical Co (TSE:4549) Price-to-Tangible-Book : 1.52 (As of May. 03, 2024)

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What is Eiken Chemical Co Price-to-Tangible-Book?

As of today (2024-05-03), Eiken Chemical Co's share price is 円2027.00. Eiken Chemical Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円1,334.37. Hence, Eiken Chemical Co's Price to Tangible Book Ratio of today is 1.52.

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

TSE:4549' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.03 Med: 1.72 Max: 3.11
Current: 1.52

During the past 13 years, Eiken Chemical Co's highest Price to Tangible Book Ratio was 3.11. The lowest was 1.03. And the median was 1.72.

TSE:4549's Price-to-Tangible-Book is ranked better than
72.14% of 700 companies
in the Medical Devices & Instruments industry
Industry Median: 2.7 vs TSE:4549: 1.52

A closely related ratio is called PB Ratio. As of today, Eiken Chemical Co's share price is 円2027.00. Eiken Chemical Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円1,357.59. Hence, Eiken Chemical Co's P/B Ratio of today is 1.49.

Eiken Chemical Co Price-to-Tangible-Book Historical Data

The historical data trend for Eiken Chemical 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.

Eiken Chemical Co Price-to-Tangible-Book Chart

Eiken Chemical Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.80

2.00

1.99

1.44

1.19

Eiken Chemical Co 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															1.32	1.19	1.18	1.03	1.28

Competitive Comparison of Eiken Chemical Co's Price-to-Tangible-Book

For the Medical Devices subindustry, Eiken Chemical 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.

Eiken Chemical Co's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Eiken Chemical Co's Price-to-Tangible-Book distribution charts can be found below:

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

Eiken Chemical Co Price-to-Tangible-Book Calculation

Eiken Chemical Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2027.00	/	1334.367
	=	1.52

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.

Eiken Chemical Co Price-to-Tangible-Book Related Terms

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

Eiken Chemical Co (TSE:4549) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Eiken Chemical Co Ltd (TSE:4549) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-19-9 Taito, Taito-ku, Tokyo, JPN, 110-8408

Website

http://www.eiken.co.jp

Eiken Chemical Co Ltd is a Japan-based company. It manufactures and sells clinical diagnostics and equipment. The company is engaged in processing, manufacture, purchase and sale of test agents, property and casualty insurance agency business. It as a general manufacturer of clinical diagnostics offers a wide range of in vitro diagnostic aids for all fields of medicine. Its major products include the Fecal immunochemical test, Molecular Genetics (LAMP), Microbiology, among many others.

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