Ogaki Kyoritsu Bank (TSE:8361) Price-to-Tangible-Book : 0.30 (As of May. 25, 2024)

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What is Ogaki Kyoritsu Bank Price-to-Tangible-Book?

As of today (2024-05-25), Ogaki Kyoritsu Bank's share price is 円2185.00. Ogaki Kyoritsu Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円7,335.44. Hence, Ogaki Kyoritsu Bank's Price to Tangible Book Ratio of today is 0.30.

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

TSE:8361' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26 Med: 0.33 Max: 0.5
Current: 0.27

During the past 13 years, Ogaki Kyoritsu Bank's highest Price to Tangible Book Ratio was 0.50. The lowest was 0.26. And the median was 0.33.

TSE:8361's Price-to-Tangible-Book is ranked better than
94.38% of 1442 companies
in the Banks industry
Industry Median: 0.92 vs TSE:8361: 0.27

A closely related ratio is called PB Ratio. As of today, Ogaki Kyoritsu Bank's share price is 円2185.00. Ogaki Kyoritsu Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円7,490.10. Hence, Ogaki Kyoritsu Bank's P/B Ratio of today is 0.29.

Ogaki Kyoritsu Bank Price-to-Tangible-Book Historical Data

The historical data trend for Ogaki Kyoritsu Bank'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.

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Ogaki Kyoritsu Bank Price-to-Tangible-Book Chart

Ogaki Kyoritsu Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.33

0.30

0.26

0.27

Ogaki Kyoritsu Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.26	0.26	0.29	0.26	0.27

Competitive Comparison of Ogaki Kyoritsu Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Ogaki Kyoritsu Bank'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.

Ogaki Kyoritsu Bank's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ogaki Kyoritsu Bank's Price-to-Tangible-Book distribution charts can be found below:

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

Ogaki Kyoritsu Bank Price-to-Tangible-Book Calculation

Ogaki Kyoritsu Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2185.00	/	7335.443
	=	0.30

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.

Ogaki Kyoritsu Bank Price-to-Tangible-Book Related Terms

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

Ogaki Kyoritsu Bank (TSE:8361) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ogaki Kyoritsu Bank Ltd (TSE:8361) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

3-98 Kuruwa-machi, Ogaki, Gifu, JPN, 503-8602

Website

http://www.okb.co.jp

Ogaki Kyoritsu Bank Ltd is a Japanese regional bank operating primarily in the island nation's Chubu region. The majority of the bank's branches and locations are in the Gifu and Aichi prefectures, along with its loans and deposits. The balance of the bank's deposits is primarily located in Gifu, while more of the loan balances are located in Aichi. While the bank has few locations in Tokyo/Osaka, it still has a sizable portion of its loan book exposed to the region. The bank has focused its efforts on easing customer access to conduct transactions through financial technology and information technology innovation. Most of its earning assets are in loans and bills discounted, and securities.

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