Elements (TSE:5246) Price-to-Tangible-Book : 103.16 (As of Jun. 22, 2024)

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What is Elements Price-to-Tangible-Book?

As of today (2024-06-22), Elements's share price is 円1299.00. Elements's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was 円12.59. Hence, Elements's Price to Tangible Book Ratio of today is 103.16.

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

TSE:5246' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.45 Med: 50.07 Max: 103.18
Current: 103.18

During the past 4 years, Elements's highest Price to Tangible Book Ratio was 103.18. The lowest was 9.45. And the median was 50.07.

TSE:5246's Price-to-Tangible-Book is ranked worse than
98.75% of 2086 companies
in the Software industry
Industry Median: 3.46 vs TSE:5246: 103.18

A closely related ratio is called PB Ratio. As of today, Elements's share price is 円1299.00. Elements's Book Value per Sharefor the quarter that ended in Feb. 2024 was 円45.73. Hence, Elements's P/B Ratio of today is 28.41.

Elements Price-to-Tangible-Book Historical Data

The historical data trend for Elements'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.

Elements Price-to-Tangible-Book Chart

Elements Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

Price-to-Tangible-Book

9.45

Elements Quarterly Data
	Nov20	Nov21	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial				50.07	54.53	31.48	9.45	60.59

Competitive Comparison of Elements's Price-to-Tangible-Book

For the Software - Application subindustry, Elements'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.

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

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

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

Elements Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2024 )
	=	1299.00	/	12.592
	=	103.16

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.

Elements Price-to-Tangible-Book Related Terms

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

Elements (TSE:5246) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Elements Inc (TSE:5246) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-6-1 Otemachi, 2th Floor, Otemachi Building, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.elementsinc.jp

Elements Inc is engaged in the development and provision of personal authentication solutions such as LIQUID eKYC, an online identity verification service, that utilizes biometrics, image analysis and machine learning technologies, as well as personal optimization solutions for clothing, food and shelter.

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