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Taihei Machinery Works (TSE:6342) Price-to-Tangible-Book : 0.52 (As of May. 20, 2025)


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What is Taihei Machinery Works Price-to-Tangible-Book?

As of today (2025-05-20), Taihei Machinery Works's share price is 円2757.00. Taihei Machinery Works's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was 円5,257.27. Hence, Taihei Machinery Works's Price to Tangible Book Ratio of today is 0.52.

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

TSE:6342' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41   Med: 0.58   Max: 1.11
Current: 0.52

During the past 13 years, Taihei Machinery Works's highest Price to Tangible Book Ratio was 1.11. The lowest was 0.41. And the median was 0.58.

TSE:6342's Price-to-Tangible-Book is ranked better than
74.37% of 277 companies
in the Forest Products industry
Industry Median: 0.88 vs TSE:6342: 0.52

A closely related ratio is called PB Ratio. As of today, Taihei Machinery Works's share price is 円2757.00. Taihei Machinery Works's Book Value per Sharefor the quarter that ended in Sep. 2024 was 円5,274.59. Hence, Taihei Machinery Works's P/B Ratio of today is 0.52.


Taihei Machinery Works Price-to-Tangible-Book Historical Data

The historical data trend for Taihei Machinery Works'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.

Taihei Machinery Works Price-to-Tangible-Book Chart

Taihei Machinery Works Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.47 0.42 0.42 0.70

Taihei Machinery Works Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 0.56 0.67 0.70 0.54

Competitive Comparison of Taihei Machinery Works's Price-to-Tangible-Book

For the Lumber & Wood Production subindustry, Taihei Machinery Works'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.


Taihei Machinery Works's Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Taihei Machinery Works's Price-to-Tangible-Book distribution charts can be found below:

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


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Taihei Machinery Works Price-to-Tangible-Book Calculation

Taihei Machinery Works's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=2757.00/5257.265
=0.52

* 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.

It can also be calculated from the numbers for the whole company:

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.


Taihei Machinery Works Price-to-Tangible-Book Related Terms

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


Taihei Machinery Works Business Description

Traded in Other Exchanges
N/A
Address
955-8, Miyamae, Irukade-shinden, Aichi, Komaki, JPN, 485-0084
Taihei Machinery Works Ltd is engaged in the manufacturing and sale of plywood and woodworking machines. It offers plywood plant equipment, LVL production machines, knife grinding machines, chargers, reeling apparatus and dryers among others.

Taihei Machinery Works Headlines

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