Arent (TSE:5254) Price-to-Tangible-Book : 8.25 (As of Jun. 23, 2024)

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What is Arent Price-to-Tangible-Book?

As of today (2024-06-23), Arent's share price is 円5100.00. Arent's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円618.46. Hence, Arent's Price to Tangible Book Ratio of today is 8.25.

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

TSE:5254' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.97 Med: 9.04 Max: 11.6
Current: 8.25

During the past 3 years, Arent's highest Price to Tangible Book Ratio was 11.60. The lowest was 6.97. And the median was 9.04.

TSE:5254's Price-to-Tangible-Book is ranked worse than
74.83% of 2086 companies
in the Software industry
Industry Median: 3.46 vs TSE:5254: 8.25

A closely related ratio is called PB Ratio. As of today, Arent's share price is 円5100.00. Arent's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円625.34. Hence, Arent's P/B Ratio of today is 8.16.

Arent Price-to-Tangible-Book Historical Data

The historical data trend for Arent'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.

Arent Price-to-Tangible-Book Chart

Arent Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

11.60

Arent Quarterly Data
	Jun21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			8.25	11.60	9.04	6.97	9.31

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

For the Software - Application subindustry, Arent'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.

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

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

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

Arent Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	5100.00	/	618.461
	=	8.25

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.

Arent Price-to-Tangible-Book Related Terms

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

Arent (TSE:5254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Arent Inc (TSE:5254) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

8th Floor Nippon Gas Hatchobori Building, 2-10-7 Hatchobori, Chuo-ku, Tokyo, JPN, 104-0032

Website

https://arent.co.jp

Arent Inc is engaged in finding advanced tacit knowledge that has been turned into a black box by individuals, unraveling it with high mathematics and deep industry knowledge, and commercializing it. The company aims to solve niche issues mainly in the construction industry, by Developing new BIM and SaaS systems together with partner companies who are customers and replacing the old, inefficient systems (legacy systems) that are still in use. The company's products include Lightning BIM and Plant Stream.

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