GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Land Business Co Ltd (TSE:8944) » Definitions » Price-to-Tangible-Book

Land Business Co (TSE:8944) Price-to-Tangible-Book : 0.31 (As of May. 25, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Land Business Co Price-to-Tangible-Book?

As of today (2024-05-25), Land Business Co's share price is 円246.00. Land Business Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円789.53. Hence, Land Business Co's Price to Tangible Book Ratio of today is 0.31.

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

TSE:8944' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26   Med: 0.41   Max: 1.1
Current: 0.31

During the past 13 years, Land Business Co's highest Price to Tangible Book Ratio was 1.10. The lowest was 0.26. And the median was 0.41.

TSE:8944's Price-to-Tangible-Book is ranked better than
83.91% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs TSE:8944: 0.31

A closely related ratio is called PB Ratio. As of today, Land Business Co's share price is 円246.00. Land Business Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円935.00. Hence, Land Business Co's P/B Ratio of today is 0.26.


Land Business Co Price-to-Tangible-Book Historical Data

The historical data trend for Land Business 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.

Land Business Co Price-to-Tangible-Book Chart

Land Business Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.43 0.31 0.26 0.38

Land Business 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 0.28 0.30 0.38 0.33 0.36

Competitive Comparison of Land Business Co's Price-to-Tangible-Book

For the Real Estate Services subindustry, Land Business 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.


Land Business Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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



Land Business Co Price-to-Tangible-Book Calculation

Land Business Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=246.00/789.526
=0.31

* 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.


Land Business Co Price-to-Tangible-Book Related Terms

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


Land Business Co (TSE:8944) Business Description

Traded in Other Exchanges
N/A
Address
Kasumigaseki Building 30th Floor, Kasumigaseki 3-2-5, Chiyoda-ku, Tokyo, JPN
Land Business Co Ltd is a real estate services company based in Japan. The company operates through two segments: Real Estate Investment business and Design and Construction business. In the Real Estate Investment business, the company acquires land, inject the know-how, cultivated in the design and build office buildings. The Design and Construction business consists of design supervision business, building and consulting business to support real estate owners.

Land Business Co (TSE:8944) Headlines

No Headlines