Toenec (TSE:1946) Book Value per Share: 円1,649.37 (As of Mar. 2026)

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TSE:1946 Toenec Corp TSE:1946
64 GF Score
Price 円2,051.00
GF Value 円1,118.78
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Toenec Book Value per Share?

Toenec TSE:1946 -0.58% 64 Book Value per Share is 円1,649.37 as of Mar. 2026. GuruFocus rates TSE:1946 with a GF Score™ of 64/100 and a GF Value™ of 円1,118.78 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Toenec's book value per share for the quarter that ended in Mar. 2026 was 円1,649.37.

During the past 12 months, Toenec's average Book Value Per Share Growth Rate was 12.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Toenec was 12.30% per year. The lowest was 0.00% per year. And the median was 2.80% per year.

Toenec's current price is 円2051.00. Its book value per share for the quarter that ended in Mar. 2026 was 円1,649.37. Hence, today's PB Ratio of Toenec is 1.24.

During the past 13 years, the highest P/B Ratio of Toenec was 1.56. The lowest was 0.45. And the median was 0.63.


Toenec  (TSE:1946) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Toenec Book Value per Share Related Terms


Toenec Book Value per Share Historical Data

* Premium members only.

The historical data trend for Toenec's Book Value per Share 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.

Toenec Book Value per Share Chart

Toenec Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,354.40 1,253.36 1,402.13 1,472.07 1,649.37

Toenec Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,459.32 1,510.59 1,531.97 1,649.37 1,682.53

TSE:1946 vs PWR, FIX, EME: Book Value per Share Comparison

For the Engineering & Construction subindustry, Toenec's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Toenec PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Toenec's PB Ratio distribution charts can be found below:

* The bar in red indicates where Toenec's PB Ratio falls into.


TSE:1946
64GF Score
Toenec Corp TSE:1946
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toenec Book Value per Share Calculation

Toenec's Book Value Per Share for the fiscal year that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(153,116-0)/93
=1,649.37

Toenec's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(153,116-0)/93
=1,649.37

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of 円1,649.37 mean?
Toenec (TSE:1946) has a Book Value per Share of 円1,649.37 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Toenec and its competitors.
Is Toenec's Book Value per Share too high?
Toenec's current Book Value per Share is 円1,649.37. Overall, Toenec has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toenec's Book Value per Share compare to PWR and FIX?
Toenec's Book Value per Share of 円1,649.37 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Construction company?
A good Book Value per Share depends on the Construction industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Toenec and its competitors. Toenec's current Book Value per Share is 円1,649.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toenec stock overvalued right now?
Based on GuruFocus' analysis, Toenec (TSE:1946) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,118.78, compared to a current price of 円2,051.00 — trading 83.3% above its estimated fair value. The current Book Value per Share is 円1,649.37. Toenec's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Toenec (TSE:1946), the current Book Value per Share is 円1,649.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Toenec (TSE:1946) Overvalued in 2026?

Based on GuruFocus' analysis, Toenec stock appears to be overvalued. The current stock price of 円2,051.00 is trading 83.3% above its estimated GF Value™ of 円1,118.78. GuruFocus considers Toenec to be Significantly Overvalued.

Key valuation signals for TSE:1946:

  • Book Value per Share: 円1,649.37
  • GF Value™: 円1,118.78 vs. price of 円2,051.00 (83.3% above fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the TSE:1946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toenec Business Description

Address 20-31, Sakae 1-chome, Naka-ku, Aichi, Nagoya, JPN, 460-0008
Toenec Corp provides engineering and construction services. The company's services include electrical and communications construction, pipe-laying, fire-control system construction, construction and building works, scaffolding, earthworks, and concrete works, road surfacing, painting, waterproofing work, waterworks, steel-structure construction, machinery and tool installation, interior finishing work, cleaning-facility construction, the power generation business, and electrical communication construction. It provides surveying, design, supervision, maintenance, and consultation, research, planning, development services. The company also provides ordinary freight vehicles and dispatching of manpower needed for its services. It also sells, leases and manages real estate properties.
64GF Score

Get the complete analysis for TSE:1946

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,051.00
Price
円1,118.78
GF Value