Tōkyō Gas (9531.T)

P/B ratio as of November 2024 : 0.8299

According to Tōkyō Gas 's latest financial reports the company has a price-to-book ratio of 0.523332.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Tōkyō Gas - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.7707	4.34%
2022-12-31	0.7387	-4.59%
2021-12-31	0.7742	-13.61%
2020-12-31	0.8962	-11.83%
2019-12-31	1.02	-8.3%
2018-12-31	1.11	6.45%
2017-12-31	1.04	-11.57%
2016-12-31	1.18	-4.65%
2015-12-31	1.23	-22.28%
2014-12-31	1.59	17.56%
2013-12-31	1.35	18.67%
2012-12-31	1.14	-2.46%
2011-12-31	1.17	-0.47%
2010-12-31	1.17	-5.98%
2009-12-31	1.25
2008-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Tōkyō Gas (9531.T) - P/B ratio