Nihon Trim Co (TSE:6788) Price-to-Tangible-Book : 1.22 (As of May. 04, 2024)

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What is Nihon Trim Co Price-to-Tangible-Book?

As of today (2024-05-04), Nihon Trim Co's share price is 円3380.00. Nihon Trim Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円2,776.64. Hence, Nihon Trim Co's Price to Tangible Book Ratio of today is 1.22.

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

TSE:6788' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91 Med: 1.94 Max: 3.7
Current: 1.22

During the past 13 years, Nihon Trim Co's highest Price to Tangible Book Ratio was 3.70. The lowest was 0.91. And the median was 1.94.

TSE:6788's Price-to-Tangible-Book is ranked better than
74.97% of 2821 companies
in the Industrial Products industry
Industry Median: 2.12 vs TSE:6788: 1.22

A closely related ratio is called PB Ratio. As of today, Nihon Trim Co's share price is 円3380.00. Nihon Trim Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円2,854.08. Hence, Nihon Trim Co's P/B Ratio of today is 1.18.

Nihon Trim Co Price-to-Tangible-Book Historical Data

The historical data trend for Nihon Trim 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.

Nihon Trim Co Price-to-Tangible-Book Chart

Nihon Trim Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.76

1.38

1.91

1.03

1.14

Nihon Trim Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.04	1.14	1.34	1.13	1.09

Competitive Comparison of Nihon Trim Co's Price-to-Tangible-Book

For the Pollution & Treatment Controls subindustry, Nihon Trim 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.

Nihon Trim Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

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

Nihon Trim Co Price-to-Tangible-Book Calculation

Nihon Trim Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3380.00	/	2776.642
	=	1.22

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.

Nihon Trim Co Price-to-Tangible-Book Related Terms

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Nihon Trim Co (TSE:6788) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nihon Trim Co Ltd (TSE:6788) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-8-34 Oyodo-Naka, Osaka, JPN, 531-0076

Website

http://www.nihon-trim.co.jp

Nihon Trim Co Ltd is a Japan-based company engaged in the manufacture and sale of electrolyzed reduction water equipment. The company operates through two segments namely Water healthcare business and Medical business. Its Water healthcare business segment includes sale of electrolyzed hydrogen water (EHW) apparatus and associated operations. The Medical business segment consists of business operations in the fields of medical and preventive health care and regenerative medicine. In addition, it is also involved in the production and marketing of agricultural electrolyzed reduced water apparatus and bottled drinking water.

Nihon Trim Co (TSE:6788) Headlines

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