Arakawa Chemical Industries (TSE:4968) Price-to-Tangible-Book : 0.41 (As of May. 25, 2024)

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What is Arakawa Chemical Industries Price-to-Tangible-Book?

As of today (2024-05-25), Arakawa Chemical Industries's share price is 円1096.00. Arakawa Chemical Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円2,700.76. Hence, Arakawa Chemical Industries's Price to Tangible Book Ratio of today is 0.41.

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

TSE:4968' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.34 Med: 0.5 Max: 1.07
Current: 0.41

During the past 13 years, Arakawa Chemical Industries's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.34. And the median was 0.50.

TSE:4968's Price-to-Tangible-Book is ranked better than
96.36% of 1485 companies
in the Chemicals industry
Industry Median: 1.8 vs TSE:4968: 0.41

A closely related ratio is called PB Ratio. As of today, Arakawa Chemical Industries's share price is 円1096.00. Arakawa Chemical Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円2,781.86. Hence, Arakawa Chemical Industries's P/B Ratio of today is 0.39.

Arakawa Chemical Industries Price-to-Tangible-Book Historical Data

The historical data trend for Arakawa Chemical Industries'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.

Arakawa Chemical Industries Price-to-Tangible-Book Chart

Arakawa Chemical Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.52

0.47

0.37

0.38

Arakawa Chemical Industries 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															0.35	0.38	0.38	0.38	0.38

Competitive Comparison of Arakawa Chemical Industries's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Arakawa Chemical Industries'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.

Arakawa Chemical Industries's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arakawa Chemical Industries's Price-to-Tangible-Book distribution charts can be found below:

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

Arakawa Chemical Industries Price-to-Tangible-Book Calculation

Arakawa Chemical Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1096.00	/	2700.755
	=	0.41

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.

Arakawa Chemical Industries Price-to-Tangible-Book Related Terms

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

Arakawa Chemical Industries (TSE:4968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Arakawa Chemical Industries Ltd (TSE:4968) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, No. 1, Hirano-cho, Chuo-ku, Osaka, JPN, 541-0046

Website

http://www.arakawachem.co.jp

Arakawa Chemical Industries Ltd is engaged in the production and sales of paper chemicals, resins for printing inks, resins for adhesives/adhesives, and intermediates for electronic materials. It manufactures various paper chemicals including water-repellents, sizing agents, paper surface improving agents, and paper strengthening, and other types of papers. It also provides printing inks for offset printing; book (magazine)-gravures and food-package-gravures. It also offers electronic materials, including rosins for use as raw material of chemicals and electronic components.

Arakawa Chemical Industries (TSE:4968) Headlines

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