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WealthNavi (TSE:7342) Price-to-Tangible-Book : 4.10 (As of Dec. 13, 2024)


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What is WealthNavi Price-to-Tangible-Book?

As of today (2024-12-13), WealthNavi's share price is 円1944.00. WealthNavi's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was 円474.67. Hence, WealthNavi's Price to Tangible Book Ratio of today is 4.10.

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

TSE:7342' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.18   Med: 8.07   Max: 25.15
Current: 4.1

During the past 6 years, WealthNavi's highest Price to Tangible Book Ratio was 25.15. The lowest was 3.18. And the median was 8.07.

TSE:7342's Price-to-Tangible-Book is ranked worse than
92.07% of 1602 companies
in the Asset Management industry
Industry Median: 0.95 vs TSE:7342: 4.10

A closely related ratio is called PB Ratio. As of today, WealthNavi's share price is 円1944.00. WealthNavi's Book Value per Sharefor the quarter that ended in Jun. 2024 was 円479.29. Hence, WealthNavi's P/B Ratio of today is 4.06.


WealthNavi Price-to-Tangible-Book Historical Data

The historical data trend for WealthNavi'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.

WealthNavi Price-to-Tangible-Book Chart

WealthNavi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 16.67 9.64 6.01 8.07

WealthNavi Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 5.28 8.07 3.71 3.18 -

Competitive Comparison of WealthNavi's Price-to-Tangible-Book

For the Asset Management subindustry, WealthNavi'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.


WealthNavi's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WealthNavi's Price-to-Tangible-Book distribution charts can be found below:

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



WealthNavi Price-to-Tangible-Book Calculation

WealthNavi's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=1944.00/474.671
=4.10

* 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.


WealthNavi Price-to-Tangible-Book Related Terms

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


WealthNavi Business Description

Traded in Other Exchanges
Address
2-22-3 Shibuya, Shibuya East Exit Building, 9th Floor, Shibuya-ku, Tokyo, JPN, 150-0002
WealthNavi Inc provides asset management services. The company provides long-term, funded, diversified asset management services like automatic construction of an optimal portfolio, automatic ordering, automatic reserve, automatic rebalancing, and automatic tax optimization. The activities of the group are carried out through WealthNavi platform.

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