Nanto Bank (TSE:8367) Price-to-Tangible-Book : 0.38 (As of Jun. 08, 2024)

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What is Nanto Bank Price-to-Tangible-Book?

As of today (2024-06-08), Nanto Bank's share price is 円3360.00. Nanto Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円8,778.69. Hence, Nanto Bank's Price to Tangible Book Ratio of today is 0.38.

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

TSE:8367' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22 Med: 0.31 Max: 0.47
Current: 0.36

During the past 13 years, Nanto Bank's highest Price to Tangible Book Ratio was 0.47. The lowest was 0.22. And the median was 0.31.

TSE:8367's Price-to-Tangible-Book is ranked better than
90.28% of 1440 companies
in the Banks industry
Industry Median: 0.91 vs TSE:8367: 0.36

A closely related ratio is called PB Ratio. As of today, Nanto Bank's share price is 円3360.00. Nanto Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円8,924.60. Hence, Nanto Bank's P/B Ratio of today is 0.38.

Nanto Bank Price-to-Tangible-Book Historical Data

The historical data trend for Nanto 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.

* Premium members only.

Nanto Bank Price-to-Tangible-Book Chart

Nanto Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.29

0.22

0.23

0.29

0.33

Nanto 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															0.29	0.29	0.32	0.28	0.33

Competitive Comparison of Nanto Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Nanto 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.

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

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

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

Nanto Bank Price-to-Tangible-Book Calculation

Nanto 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 )
	=	3360.00	/	8778.687
	=	0.38

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.

Nanto Bank Price-to-Tangible-Book Related Terms

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

Nanto Bank (TSE:8367) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nanto Bank Ltd (TSE:8367) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Hashimoto-cho, Nara, JPN, 630-8677

Website

http://www.nantobank.co.jp

Nanto Bank Ltd is a Japanese regional bank operating primarily in the Nara Prefecture, but extending to neighboring prefectures in Japan. The bank reports earnings through two segments: banking and securities, and leasing. It also operates a credit guarantee, computer software development and service, and a credit card business. The bank's strategy emphasizes regional market penetration. Most of the bank's earning assets are in loans and bills discounted and securities. Nanto Bank generates a majority of income through net interest income, followed by fees and commissions.

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