Tre Holdings (TSE:9247) Price-to-Tangible-Book : 1.05 (As of Jun. 22, 2024)

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What is Tre Holdings Price-to-Tangible-Book?

As of today (2024-06-22), Tre Holdings's share price is 円1241.00. Tre Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円1,184.24. Hence, Tre Holdings's Price to Tangible Book Ratio of today is 1.05.

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

TSE:9247' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.99 Med: 1.24 Max: 1.84
Current: 1.05

During the past 3 years, Tre Holdings's highest Price to Tangible Book Ratio was 1.84. The lowest was 0.99. And the median was 1.24.

TSE:9247's Price-to-Tangible-Book is ranked better than
74.74% of 190 companies
in the Waste Management industry
Industry Median: 2.125 vs TSE:9247: 1.05

A closely related ratio is called PB Ratio. As of today, Tre Holdings's share price is 円1241.00. Tre Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円1,302.53. Hence, Tre Holdings's P/B Ratio of today is 0.95.

Tre Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Tre Holdings'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.

Tre Holdings Price-to-Tangible-Book Chart

Tre Holdings Annual Data

Trend

Mar22

Mar23

Mar24

Price-to-Tangible-Book

1.84

1.24

1.01

Tre Holdings Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial					1.24	1.08	1.02	0.93	1.01

Competitive Comparison of Tre Holdings's Price-to-Tangible-Book

For the Waste Management subindustry, Tre Holdings'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.

Tre Holdings's Price-to-Tangible-Book Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Tre Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Tre Holdings Price-to-Tangible-Book Calculation

Tre Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1241.00	/	1184.235
	=	1.05

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.

Tre Holdings Price-to-Tangible-Book Related Terms

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

Tre Holdings (TSE:9247) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tre Holdings Corp (TSE:9247) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-2, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.tre-hd.co.jp

Tre Holdings Corp is engaged in the management and its accompanying related business of subsidiaries which operate the waste treatment and recycling business, the renewable energy business, the environmental engineering business, the recycling scrap metal, end of life vehicles and scrapped home appliances.

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