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Shin-Nihon Tatemono Co (TSE:8893) Price-to-Tangible-Book : 1.32 (As of Jun. 23, 2024)


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What is Shin-Nihon Tatemono Co Price-to-Tangible-Book?

As of today (2024-06-23), Shin-Nihon Tatemono Co's share price is 円666.00. Shin-Nihon Tatemono Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円502.81. Hence, Shin-Nihon Tatemono Co's Price to Tangible Book Ratio of today is 1.32.

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

TSE:8893' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9   Med: 1.22   Max: 5.69
Current: 1.32

During the past 13 years, Shin-Nihon Tatemono Co's highest Price to Tangible Book Ratio was 5.69. The lowest was 0.90. And the median was 1.22.

TSE:8893's Price-to-Tangible-Book is not ranked
in the Real Estate industry.
Industry Median: 0.8 vs TSE:8893: 1.32

A closely related ratio is called PB Ratio. As of today, Shin-Nihon Tatemono Co's share price is 円666.00. Shin-Nihon Tatemono Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円503.07. Hence, Shin-Nihon Tatemono Co's P/B Ratio of today is 1.32.


Shin-Nihon Tatemono Co Price-to-Tangible-Book Historical Data

The historical data trend for Shin-Nihon Tatemono 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.

Shin-Nihon Tatemono Co Price-to-Tangible-Book Chart

Shin-Nihon Tatemono Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 0.90 1.19 1.06 1.04

Shin-Nihon Tatemono Co Quarterly Data
Mar19 Jun19 Sep19 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 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 1.13 1.04 1.22 1.30 1.27

Competitive Comparison of Shin-Nihon Tatemono Co's Price-to-Tangible-Book

For the Real Estate Services subindustry, Shin-Nihon Tatemono 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.


Shin-Nihon Tatemono Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shin-Nihon Tatemono Co's Price-to-Tangible-Book distribution charts can be found below:

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



Shin-Nihon Tatemono Co Price-to-Tangible-Book Calculation

Shin-Nihon Tatemono 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 )
=666.00/502.808
=1.32

* 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.


Shin-Nihon Tatemono Co Price-to-Tangible-Book Related Terms

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


Shin-Nihon Tatemono Co (TSE:8893) Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, Shinjuku DaVinci, No. 17, No. 3 chome Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Shin-Nihon Tatemono Co Ltd is engaged in providing real estate services. The business of the company includes condominium business, detached house business, asset management apartment business, and real estate solutions business.

Shin-Nihon Tatemono Co (TSE:8893) Headlines

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