Toyobo Co (Toyobo Co) Price-to-Tangible-Book : 0.50 (As of Apr. 30, 2024)

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

As of today (2024-04-30), Toyobo Co's share price is $7.20. Toyobo Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $14.55. Hence, Toyobo Co's Price to Tangible Book Ratio of today is 0.50.

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

TYOBY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45 Med: 0.81 Max: 1.14
Current: 0.53

During the past 13 years, Toyobo Co's highest Price to Tangible Book Ratio was 1.14. The lowest was 0.45. And the median was 0.81.

TYOBY's Price-to-Tangible-Book is ranked better than
91.82% of 1492 companies
in the Chemicals industry
Industry Median: 1.825 vs TYOBY: 0.53

A closely related ratio is called PB Ratio. As of today, Toyobo Co's share price is $7.20. Toyobo Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.90. Hence, Toyobo Co's P/B Ratio of today is 0.48.

Toyobo Co Price-to-Tangible-Book Historical Data

The historical data trend for Toyobo 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.

Toyobo Co Price-to-Tangible-Book Chart

Toyobo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.77

0.57

0.71

0.50

0.49

Toyobo 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															0.44	0.49	0.47	0.48	0.47

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

For the Specialty Chemicals subindustry, Toyobo 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.

Toyobo Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toyobo Co's Price-to-Tangible-Book distribution charts can be found below:

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

Toyobo Co Price-to-Tangible-Book Calculation

Toyobo 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 )
	=	7.20	/	14.545
	=	0.50

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.

Toyobo Co Price-to-Tangible-Book Related Terms

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

Toyobo Co (Toyobo Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Toyobo Co Ltd (OTCPK:TYOBY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

3101:Japan

Address

2-8, Dojima Hama 2-chome, Kita-ku, Osaka, JPN, 530-8230

Website

http://www.toyobo.co.jp

Toyobo Co Ltd manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four segments based on product type. The films and functional polymers segment, which generates more of Toyobo's revenue than any other segment, sells industrial films for liquid crystal displays, packaging films for food packaging, and engineered plastics and coatings for electronics. The industrial materials segment sells airbag fabrics and polyester for tires to the automotive industry. The healthcare segment sells enzymes for diagnostics, diagnostic systems, pharmaceuticals, and seawater desalination modules. The textiles segment sells synthetic and acrylic fibers used for apparel production. The majority of revenue comes from Japan.

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