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Mito Securities Co (TSE:8622) Price-to-Tangible-Book : 0.89 (As of May. 17, 2024)


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What is Mito Securities Co Price-to-Tangible-Book?

As of today (2024-05-17), Mito Securities Co's share price is 円547.00. Mito Securities Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円615.62. Hence, Mito Securities Co's Price to Tangible Book Ratio of today is 0.89.

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

TSE:8622' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.34   Med: 0.55   Max: 0.82
Current: 0.81

During the past 13 years, Mito Securities Co's highest Price to Tangible Book Ratio was 0.82. The lowest was 0.34. And the median was 0.55.

TSE:8622's Price-to-Tangible-Book is ranked better than
70.08% of 722 companies
in the Capital Markets industry
Industry Median: 1.305 vs TSE:8622: 0.81

A closely related ratio is called PB Ratio. As of today, Mito Securities Co's share price is 円547.00. Mito Securities Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円618.61. Hence, Mito Securities Co's P/B Ratio of today is 0.88.


Mito Securities Co Price-to-Tangible-Book Historical Data

The historical data trend for Mito Securities 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.

Mito Securities Co Price-to-Tangible-Book Chart

Mito Securities Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.53 0.45 0.48 0.75

Mito Securities Co 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 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 0.48 0.57 0.74 0.68 0.75

Competitive Comparison of Mito Securities Co's Price-to-Tangible-Book

For the Capital Markets subindustry, Mito Securities 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.


Mito Securities Co's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mito Securities Co's Price-to-Tangible-Book distribution charts can be found below:

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



Mito Securities Co Price-to-Tangible-Book Calculation

Mito Securities 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 )
=547.00/615.618
=0.89

* 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.


Mito Securities Co Price-to-Tangible-Book Related Terms

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


Mito Securities Co (TSE:8622) Business Description

Traded in Other Exchanges
N/A
Address
2-3-10,Nihonbashi, Chuo-ku, Tokyo, JPN, 1030027
Mito Securities Co Ltd is a Japan-based company mainly engaged in the securities business. The company is involved in the purchase and sale of marketable securities, underwriting, sale, and offering of marketable securities. In addition, it also provides the variety of customized products such as fund wrap, investment trust, mutual fund, bonds, stocks and much more.

Mito Securities Co (TSE:8622) Headlines

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