Nippon Signal Co (TSE:6741) Price-to-Tangible-Book : 0.67 (As of May. 26, 2024)

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What is Nippon Signal Co Price-to-Tangible-Book?

As of today (2024-05-26), Nippon Signal Co's share price is 円1002.00. Nippon Signal Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円1,506.21. Hence, Nippon Signal Co's Price to Tangible Book Ratio of today is 0.67.

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

TSE:6741' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 0.81 Max: 1.09
Current: 0.67

During the past 13 years, Nippon Signal Co's highest Price to Tangible Book Ratio was 1.09. The lowest was 0.65. And the median was 0.81.

TSE:6741's Price-to-Tangible-Book is ranked better than
89.66% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs TSE:6741: 0.67

A closely related ratio is called PB Ratio. As of today, Nippon Signal Co's share price is 円1002.00. Nippon Signal Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円1,552.32. Hence, Nippon Signal Co's P/B Ratio of today is 0.65.

Nippon Signal Co Price-to-Tangible-Book Historical Data

The historical data trend for Nippon Signal 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.

Nippon Signal Co Price-to-Tangible-Book Chart

Nippon Signal Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.84

0.74

0.65

0.76

0.69

Nippon Signal 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															0.76	0.77	0.67	0.69	0.69

Competitive Comparison of Nippon Signal Co's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Nippon Signal 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.

Nippon Signal Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nippon Signal Co's Price-to-Tangible-Book distribution charts can be found below:

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

Nippon Signal Co Price-to-Tangible-Book Calculation

Nippon Signal 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 )
	=	1002.00	/	1506.206
	=	0.67

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.

Nippon Signal Co Price-to-Tangible-Book Related Terms

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

Nippon Signal Co (TSE:6741) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nippon Signal Co Ltd (TSE:6741) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5-1, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6513

Website

http://www.signal.co.jp

Nippon Signal Co Ltd is a Japanese technology company. Its products and services fall into the following categories: railway signal systems, traffic information systems, automatic fare collection, or AFR, systems, and parking information systems. The railway signal systems division provides automatic train supervision systems, relay interlocking equipment, level-crossing systems, and LED information boards. The traffic information systems division offers universal traffic management systems, local controllers, and LED traffic signal lights. The AFR system division offers comprehensive network systems to automate station operations. The parking information systems division offers car parking systems and bicycle lock systems.

Nippon Signal Co (TSE:6741) Headlines

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