Tokai Carbon Co (TSE:5301) Price-to-Tangible-Book : 0.92 (As of May. 26, 2024)

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What is Tokai Carbon Co Price-to-Tangible-Book?

As of today (2024-05-26), Tokai Carbon Co's share price is 円982.90. Tokai Carbon Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円1,066.98. Hence, Tokai Carbon Co's Price to Tangible Book Ratio of today is 0.92.

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

TSE:5301' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53 Med: 1.62 Max: 4.83
Current: 0.92

During the past 13 years, Tokai Carbon Co's highest Price to Tangible Book Ratio was 4.83. The lowest was 0.53. And the median was 1.62.

TSE:5301's Price-to-Tangible-Book is ranked better than
78.92% of 1485 companies
in the Chemicals industry
Industry Median: 1.8 vs TSE:5301: 0.92

A closely related ratio is called PB Ratio. As of today, Tokai Carbon Co's share price is 円982.90. Tokai Carbon Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円1,612.88. Hence, Tokai Carbon Co's P/B Ratio of today is 0.61.

Tokai Carbon Co Price-to-Tangible-Book Historical Data

The historical data trend for Tokai Carbon 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.

Tokai Carbon Co Price-to-Tangible-Book Chart

Tokai Carbon Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.34

4.05

2.43

1.53

1.05

Tokai Carbon Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.65	1.43	1.21	1.05	0.94

Competitive Comparison of Tokai Carbon Co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Tokai Carbon 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.

Tokai Carbon Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's Price-to-Tangible-Book distribution charts can be found below:

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

Tokai Carbon Co Price-to-Tangible-Book Calculation

Tokai Carbon Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	982.90	/	1066.975
	=	0.92

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.

Tokai Carbon Co Price-to-Tangible-Book Related Terms

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

Tokai Carbon Co (TSE:5301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tokai Carbon Co Ltd (TSE:5301) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TKCBY:USA 7TC:Germany

Address

1-2-3 Kita Aoyama Building, Minato-ku, Tokyo, JPN, 107-8636

Website

http://www.tokaicarbon.co.jp

Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.

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