Toyo Tire Corporation manufactures and sells tires in Japan and internationally. The company provides tires for passenger vehicles, SUVs and pickup trucks, and trucks and buses under the Toyo Tires and Nitto. It also offers automotive parts including engine and motor mounts, suspension parts, and Constant velocity universal joint (CVJ) boots. The company was formerly known as Toyo Tire & Rubber Co., Ltd. and changed its name to Toyo Tire Corporation in January 2019. Toyo Tire Corporation was incorporated in 1943 and is headquartered in Itami, Japan.
P/B ratio for Toyo Tire Corporation (5105.T)
P/B ratio as of 2023: 0.92
According to Toyo Tire Corporation's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.92. At the end of 2022 the company had a P/B ratio of 0.72.
P/B ratio history for Toyo Tire Corporation from 2003 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.92 |
| 2022 | 0.72 |
| 2021 | 0.99 |
| 2020 | 1.09 |
| 2019 | 1.07 |
| 2018 | 1.30 |
| 2017 | 2.12 |
| 2016 | 1.49 |
| 2015 | 2.03 |
| 2014 | 1.92 |
| 2013 | 1.26 |
| 2012 | 0.71 |
| 2011 | 0.70 |
| 2010 | 0.76 |
| 2009 | 0.76 |
| 2008 | 0.52 |
| 2007 | 1.03 |
| 2006 | 1.50 |
| 2005 | 1.63 |
| 2004 | 1.39 |
| 2003 | 1.02 |