Central Japan Railway Company engages in the railway and related businesses in Japan. The company operates through Transportation, Merchandise and Other, Real Estate, and Other segments. It primarily operates Tokaido Shinkansen, a transportation artery that links metropolitan areas of Tokyo, Nagoya, and Osaka, as well as operates a network of 12 conventional lines centered on the Nagoya and Shizuoka areas. The company also provides bus, logistics, travel agency, advertising, linen supply, track maintenance, construction and construction consulting, and contracted accounting and financial services; and manufactures and maintains railway rolling stock and machinery. In addition, it is involved in the operation of a department store; wholesale and retail sales business; sale of food and beverages; leasing and sale of real estate; hotel business; and development, improvement, and maintenance of computer systems. Central Japan Railway Company was founded in 1987 and is headquartered in Nagoya, Japan.
P/B ratio for Central Japan Railway Company (9022.T)
P/B ratio as of 2023: 0.87
According to Central Japan Railway Company's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.87. At the end of 2022 the company had a P/B ratio of 0.83.
P/B ratio history for Central Japan Railway Company from 2004 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.87 |
| 2022 | 0.83 |
| 2021 | 0.88 |
| 2020 | 0.89 |
| 2019 | 0.89 |
| 2018 | 1.48 |
| 2017 | 1.30 |
| 2016 | 1.33 |
| 2015 | 1.69 |
| 2014 | 2.12 |
| 2013 | 1.35 |
| 2012 | 1.22 |
| 2011 | 1.02 |
| 2010 | 1.07 |
| 2009 | 1.28 |
| 2008 | 1.08 |
| 2007 | 2.22 |
| 2006 | 3.34 |
| 2005 | 2.34 |
| 2004 | 2.12 |