Micreed Co (TSE:7687) Price-to-Tangible-Book : 2.50 (As of Jun. 21, 2024)

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What is Micreed Co Price-to-Tangible-Book?

As of today (2024-06-21), Micreed Co's share price is 円407.00. Micreed Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円162.89. Hence, Micreed Co's Price to Tangible Book Ratio of today is 2.50.

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

TSE:7687' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.26 Med: 2.8 Max: 4.44
Current: 2.5

During the past 6 years, Micreed Co's highest Price to Tangible Book Ratio was 4.44. The lowest was 1.26. And the median was 2.80.

TSE:7687's Price-to-Tangible-Book is ranked worse than
56.99% of 279 companies
in the Retail - Defensive industry
Industry Median: 2 vs TSE:7687: 2.50

A closely related ratio is called PB Ratio. As of today, Micreed Co's share price is 円407.00. Micreed Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円175.78. Hence, Micreed Co's P/B Ratio of today is 2.32.

Micreed Co Price-to-Tangible-Book Historical Data

The historical data trend for Micreed 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.

Micreed Co Price-to-Tangible-Book Chart

Micreed Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.26

2.97

2.39

2.28

Micreed Co Quarterly Data
	Mar18	Mar19	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														2.30	2.28	3.18	4.44	3.86

Competitive Comparison of Micreed Co's Price-to-Tangible-Book

For the Food Distribution subindustry, Micreed 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.

Micreed Co's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Micreed Co's Price-to-Tangible-Book distribution charts can be found below:

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

Micreed Co Price-to-Tangible-Book Calculation

Micreed 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 )
	=	407.00	/	162.885
	=	2.50

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.

Micreed Co Price-to-Tangible-Book Related Terms

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

Micreed Co (TSE:7687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Micreed Co Ltd (TSE:7687) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-16-13 Nihonbashi, Chuo-ku, Landic Nihonbashi Building 9th Floor, Tokyo- Shipping Center, Chiba Prefecture, Order Center Saga City, Saga Prefecture, Narashino, JPN, 103-0027

Website

https://corp.micreed.co.jp

Micreed Co Ltd is engaged in planning and sales of commercial ingredients for restaurants. The company sells products such as meat, fish, vegetables, skewers, fried foods and desserts, frozen foods. It serves small and medium-sized restaurants, mainly privately owned izakayas.

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