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Iwasaki Electric Co (TSE:6924) Price-to-Tangible-Book : 1.01 (As of Jun. 10, 2024)


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What is Iwasaki Electric Co Price-to-Tangible-Book?

As of today (2024-06-10), Iwasaki Electric Co's share price is 円4450.00. Iwasaki Electric Co's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was 円4,406.11. Hence, Iwasaki Electric Co's Price to Tangible Book Ratio of today is 1.01.

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

TSE:6924's Price-to-Tangible-Book is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.71
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Iwasaki Electric Co's share price is 円4450.00. Iwasaki Electric Co's Book Value per Sharefor the quarter that ended in Dec. 2022 was 円4,446.23. Hence, Iwasaki Electric Co's P/B Ratio of today is 1.00.


Iwasaki Electric Co Price-to-Tangible-Book Historical Data

The historical data trend for Iwasaki Electric 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.

Iwasaki Electric Co Price-to-Tangible-Book Chart

Iwasaki Electric Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 456,068.79 373,269.23 309,073.37 345,289.34 454,795.62

Iwasaki Electric Co Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 485,549.45 454,795.62 537,544.04 535,971.21 465,109.10

Competitive Comparison of Iwasaki Electric Co's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, Iwasaki Electric 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.


Iwasaki Electric Co's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Iwasaki Electric Co's Price-to-Tangible-Book distribution charts can be found below:

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



Iwasaki Electric Co Price-to-Tangible-Book Calculation

Iwasaki Electric Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2022 )
=4450.00/4406.106
=1.01

* 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.


Iwasaki Electric Co Price-to-Tangible-Book Related Terms

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


Iwasaki Electric Co (TSE:6924) Business Description

Traded in Other Exchanges
N/A
Address
Bakurocho-daiichi Building 1-4-16, Nihonbashi-bakurocho, Chuo-ku, Tokyo, JPN, 103-0002
Iwasaki Electric Co., Ltd is a supplier of lighting products and industrial systems. The product line includes - lights for streets, tunnels, security, landscape lighting, sports lighting, factory lighting, commercial lighting, information display systems, and environment simulation systems.

Iwasaki Electric Co (TSE:6924) Headlines

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