AR Advanced Technology (TSE:5578) Price-to-Tangible-Book : 3.58 (As of Jun. 22, 2024)

View and export this data going back to 2023. Start your Free Trial

What is AR Advanced Technology Price-to-Tangible-Book?

As of today (2024-06-22), AR Advanced Technology's share price is 円1866.00. AR Advanced Technology's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was 円521.78. Hence, AR Advanced Technology's Price to Tangible Book Ratio of today is 3.58.

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

TSE:5578' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.55 Med: 4.85 Max: 5.58
Current: 3.58

During the past 3 years, AR Advanced Technology's highest Price to Tangible Book Ratio was 5.58. The lowest was 3.55. And the median was 4.85.

TSE:5578's Price-to-Tangible-Book is ranked worse than
51.15% of 2086 companies
in the Software industry
Industry Median: 3.46 vs TSE:5578: 3.58

A closely related ratio is called PB Ratio. As of today, AR Advanced Technology's share price is 円1866.00. AR Advanced Technology's Book Value per Sharefor the quarter that ended in Feb. 2024 was 円549.29. Hence, AR Advanced Technology's P/B Ratio of today is 3.40.

AR Advanced Technology Price-to-Tangible-Book Historical Data

The historical data trend for AR Advanced Technology'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.

AR Advanced Technology Price-to-Tangible-Book Chart

AR Advanced Technology Annual Data

Trend

Aug21

Aug22

Aug23

Price-to-Tangible-Book

5.58

AR Advanced Technology Quarterly Data
	Aug21	Aug22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	5.58	4.29	4.85

Competitive Comparison of AR Advanced Technology's Price-to-Tangible-Book

For the Information Technology Services subindustry, AR Advanced Technology'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.

AR Advanced Technology's Price-to-Tangible-Book Distribution in the Software Industry

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

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

AR Advanced Technology Price-to-Tangible-Book Calculation

AR Advanced Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2024 )
	=	1866.00	/	521.778
	=	3.58

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.

AR Advanced Technology Price-to-Tangible-Book Related Terms

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

AR Advanced Technology (TSE:5578) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AR Advanced Technology Inc (TSE:5578) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-14-16 Shibuya, Shibuya Nomura Securities Building 8th floor, Shibuya-ku, Tokyo, JPN, 150-0002

Website

https://www.ari-jp.com

AR Advanced Technology Inc is engaged in the DX solution business utilizing cloud technology, data analysis, and AI. It provides a comprehensive service that goes beyond simple system introduction. Its products and services include Loogue faq, an AI chatbot that is specialized in employee inquiries; Zidoma data which may be useful to reduce fileserver operating costs; and Mieta a cloud contact center analysis management service.

AR Advanced Technology (TSE:5578) Headlines

No Headlines