Hitachi Construction Machinery Co., Ltd., together with its subsidiaries, engages in the manufacture, sale, rental, and service of construction and transportation machinery, and other machines and devices worldwide. It offers mini excavators and wheel loaders, road construction machinery, wheel loaders, large and ultra-large hydraulic excavators, rigid dump trucks, and double arm working machines. The company also provides ICT construction solutions; ConSite that monitors machines' operational status, alarms by sending monthly operational reports, and notifies emergency alarms; Fleet management system, which offers real-time monitoring of each dump truck to optimize vehicle operation; and autonomous haulage system that enables the unmanned, autonomous operation of mining dump trucks. In addition, it provides parts, including hydraulic oil and filters, high pressure hoses, ground engaging tools, and remanufacturing components; and used equipment. The company was incorporated in 1951 and is headquartered in Tokyo, Japan. Hitachi Construction Machinery Co., Ltd. is a subsidiary of Hitachi, Ltd.
P/B ratio for Hitachi Construction Machinery Co., Ltd. (6305.T)
P/B ratio as of 2023: 1.28
According to Hitachi Construction Machinery Co., Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.28. At the end of 2022 the company had a P/B ratio of 0.99.
P/B ratio history for Hitachi Construction Machinery Co., Ltd. from 2004 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.28 |
| 2022 | 0.99 |
| 2021 | 1.11 |
| 2020 | 1.47 |
| 2019 | 0.98 |
| 2018 | 1.32 |
| 2017 | 1.95 |
| 2016 | 1.48 |
| 2015 | 0.96 |
| 2014 | 1.04 |
| 2013 | 1.09 |
| 2012 | 1.18 |
| 2011 | 1.20 |
| 2010 | 1.44 |
| 2009 | 1.50 |
| 2008 | 0.92 |
| 2007 | 1.66 |
| 2006 | 3.23 |
| 2005 | 4.57 |
| 2004 | 2.30 |