Meiko Network Japan Co (TSE:4668) Price-to-Tangible-Book : 1.63 (As of May. 25, 2024)

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What is Meiko Network Japan Co Price-to-Tangible-Book?

As of today (2024-05-25), Meiko Network Japan Co's share price is 円716.00. Meiko Network Japan Co's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was 円438.81. Hence, Meiko Network Japan Co's Price to Tangible Book Ratio of today is 1.63.

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

TSE:4668' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.32 Med: 2.42 Max: 4.25
Current: 1.63

During the past 13 years, Meiko Network Japan Co's highest Price to Tangible Book Ratio was 4.25. The lowest was 1.32. And the median was 2.42.

TSE:4668's Price-to-Tangible-Book is ranked better than
55.09% of 216 companies
in the Education industry
Industry Median: 2.05 vs TSE:4668: 1.63

A closely related ratio is called PB Ratio. As of today, Meiko Network Japan Co's share price is 円716.00. Meiko Network Japan Co's Book Value per Sharefor the quarter that ended in Feb. 2024 was 円458.32. Hence, Meiko Network Japan Co's P/B Ratio of today is 1.56.

Meiko Network Japan Co Price-to-Tangible-Book Historical Data

The historical data trend for Meiko Network Japan 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.

Meiko Network Japan Co Price-to-Tangible-Book Chart

Meiko Network Japan Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.20

2.11

1.50

1.54

1.53

Meiko Network Japan Co Quarterly Data
	May19	Aug19	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															1.48	1.57	1.53	1.73	1.59

Competitive Comparison of Meiko Network Japan Co's Price-to-Tangible-Book

For the Education & Training Services subindustry, Meiko Network Japan 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.

Meiko Network Japan Co's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Meiko Network Japan Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Meiko Network Japan Co's Price-to-Tangible-Book falls into.

Meiko Network Japan Co Price-to-Tangible-Book Calculation

Meiko Network Japan Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2024 )
	=	716.00	/	438.808
	=	1.63

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.

Meiko Network Japan Co Price-to-Tangible-Book Related Terms

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

Meiko Network Japan Co (TSE:4668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Meiko Network Japan Co Ltd (TSE:4668) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-20-1 Nishi-Shinjuku, 29th Floor/30th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Tokyo, JPN, 160-0023

Website

http://www.meikonet.co.jp

Meiko Network Japan Co Ltd provides educational services. The company's business is divided into Meiko Gijuku Business Activities which operates schools for children of all ages from elementary school to university entrance examination. Medical Cram School Business Activities include a school for medicine-related university entrance examination, and Other Business Activities comprises of Soccer schools for preschool children elementary and junior high school students, individual tutoring cram schools, extended-hours cram schools, and others.

Meiko Network Japan Co (TSE:4668) Headlines

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