Kanamoto Co (TSE:9678) Price-to-Tangible-Book : 0.81 (As of Jun. 22, 2024)

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What is Kanamoto Co Price-to-Tangible-Book?

As of today (2024-06-22), Kanamoto Co's share price is 円2996.00. Kanamoto Co's Tangible Book per Share of Apr. 2024 for the quarter that ended in Apr. 2024 was 円3,687.45. Hence, Kanamoto Co's Price to Tangible Book Ratio of today is 0.81.

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

TSE:9678' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59 Med: 0.98 Max: 2.56
Current: 0.81

During the past 13 years, Kanamoto Co's highest Price to Tangible Book Ratio was 2.56. The lowest was 0.59. And the median was 0.98.

TSE:9678's Price-to-Tangible-Book is ranked better than
82.89% of 871 companies
in the Business Services industry
Industry Median: 2.05 vs TSE:9678: 0.81

A closely related ratio is called PB Ratio. As of today, Kanamoto Co's share price is 円2996.00. Kanamoto Co's Book Value per Sharefor the quarter that ended in Apr. 2024 was 円3,839.85. Hence, Kanamoto Co's P/B Ratio of today is 0.78.

Kanamoto Co Price-to-Tangible-Book Historical Data

The historical data trend for Kanamoto 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.

Kanamoto Co Price-to-Tangible-Book Chart

Kanamoto Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.99

0.73

0.77

0.63

0.68

Kanamoto Co Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.66	0.72	0.68	0.79	0.72

Competitive Comparison of Kanamoto Co's Price-to-Tangible-Book

For the Rental & Leasing Services subindustry, Kanamoto 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.

Kanamoto Co's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kanamoto Co's Price-to-Tangible-Book distribution charts can be found below:

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

Kanamoto Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Apr. 2024 )
	=	2996.00	/	3687.447
	=	0.81

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.

Kanamoto Co Price-to-Tangible-Book Related Terms

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

Kanamoto Co (TSE:9678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kanamoto Co Ltd (TSE:9678) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-19, Odori Higashi 3-chome Chuo-ku, Sapporo, Hokkaido, JPN, 060-0041

Website

http://www.kanamoto.co.jp

Kanamoto Co Ltd is a provider of construction equipment rentals. The company operates three business segments: construction equipment rental, steel products, and computing products. The construction equipment rental business is Kanamoto's core business, accounting for most of the company's revenue. The company owns various hand tools and construction equipment, such as dump trucks and hydraulic excavators, which it rents out to its customers. The steel products business sells various construction materials for engineering and construction works. The computing products business provides rentals and sale of computer-related equipment. Kanamoto operates in Asia.

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