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Naito (TSE:7624) Price-to-Tangible-Book : 0.67 (As of Sep. 24, 2024)


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What is Naito Price-to-Tangible-Book?

As of today (2024-09-24), Naito's share price is 円145.00. Naito's Tangible Book per Share of May. 2024 for the quarter that ended in May. 2024 was 円216.83. Hence, Naito's Price to Tangible Book Ratio of today is 0.67.

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

TSE:7624' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62   Med: 0.84   Max: 1.91
Current: 0.67

During the past 13 years, Naito's highest Price to Tangible Book Ratio was 1.91. The lowest was 0.62. And the median was 0.84.

TSE:7624's Price-to-Tangible-Book is ranked better than
71.94% of 139 companies
in the Industrial Distribution industry
Industry Median: 1.24 vs TSE:7624: 0.67

A closely related ratio is called PB Ratio. As of today, Naito's share price is 円145.00. Naito's Book Value per Sharefor the quarter that ended in May. 2024 was 円230.29. Hence, Naito's P/B Ratio of today is 0.63.


Naito Price-to-Tangible-Book Historical Data

The historical data trend for Naito'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.

Naito Price-to-Tangible-Book Chart

Naito Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.81 0.83 0.69 0.62

Naito Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.69 0.67 0.65 0.62 0.68

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

For the Industrial Distribution subindustry, Naito'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.


Naito's Price-to-Tangible-Book Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Naito's Price-to-Tangible-Book distribution charts can be found below:

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



Naito Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: May. 2024 )
=145.00/216.832
=0.67

* 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.


Naito Price-to-Tangible-Book Related Terms

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


Naito Business Description

Traded in Other Exchanges
N/A
Address
2-1, Showa-machi Kita-ku, Tokyo, JPN
Naito & Co., Ltd. engages in the trading of machine tools. The company sales cutting tools, measurement, industrial equipment and machine tools. Its product offerings include drilling tool, threading tool, milling tool, measuring equipment, compressor, safety equipment, chemical supplies, lifting equipment, environment improvement items, transport equipment, work assistance equipment, among others.

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