OBIC Co (FRA:OBL) PB Ratio: 3.48 (As of Jul. 20, 2026) — 34% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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FRA:OBL OBIC Co Ltd FRA:OBL
92 GF Score
Price €22.60
GF Value €32.00
Valuation Modestly Undervalued
! 1 Warning Sign
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What is OBIC Co PB Ratio?

OBIC Co FRA:OBL 92 PB Ratio is 3.48 as of Jul. 20, 2026, which is 34% below its 10-year median of 5.24. GuruFocus rates FRA:OBL with a GF Score™ of 92/100 and a GF Value™ of €32.00 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,637 Software companies, OBIC Co ranks worse than 67.31% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-20), OBIC Co's share price is €22.60. OBIC Co's Book Value per Share for the quarter that ended in Mar. 2026 was €6.49. Hence, OBIC Co's PB Ratio of today is 3.48.

The historical rank and industry rank for OBIC Co's PB Ratio or its related term are showing as below:

FRA:OBL' s PB Ratio Range Over the Past 10 Years
Min: 2.61   Med: 5.24   Max: 8.32
Current: 3.58

During the past 13 years, OBIC Co's highest PB Ratio was 8.32. The lowest was 2.61. And the median was 5.24.

FRA:OBL's PB Ratio is ranked worse than
67.31% of 2637 companies
in the Software industry
Industry Median: 2.36 vs FRA:OBL: 3.58

During the past 12 months, OBIC Co's average Book Value Per Share Growth Rate was 20.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of OBIC Co was 17.20% per year. The lowest was 1.70% per year. And the median was 10.10% per year.

Back to Basics: PB Ratio


OBIC Co  (FRA:OBL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


OBIC Co PB Ratio Related Terms


OBIC Co PB Ratio Historical Data

* Premium members only.

The historical data trend for OBIC Co's PB Ratio 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.

OBIC Co PB Ratio Chart

OBIC Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.36 5.50 4.96 4.35 3.24

OBIC Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 4.35 5.36 4.61 4.35 3.24

FRA:OBL vs UBER, SHOP, CRM: PB Ratio Comparison

For the Software - Application subindustry, OBIC Co'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.


OBIC Co PB Ratio vs Software Industry

For the Software industry and Technology sector, OBIC Co's PB Ratio distribution charts can be found below:

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


FRA:OBL
92GF Score
OBIC Co Ltd FRA:OBL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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OBIC Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

OBIC Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=22.60/6.491
=3.48

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 3.48 mean?
OBIC Co (FRA:OBL) has a PB Ratio of 3.48 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on OBIC Co and its competitors. This is 34% below median its historical median of 5.24. Over the past decade, OBIC Co's PB Ratio has ranged from 2.61 to 8.32. According to the industry distribution chart, OBIC Co ranks #1775 out of 2637 companies in the Software industry, placing it in the top 67.3%.
Is OBIC Co's PB Ratio too high?
OBIC Co's current PB Ratio of 3.48 is 34% below median its 10-year median of 5.24. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 8.32. The Software industry median PB Ratio is 2.36. OBIC Co's value of 3.48 is 47.5% above this industry median. Based on the distribution chart, OBIC Co ranks #1775 out of 2637 companies in the Software industry, which is below the industry midpoint. Overall, OBIC Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OBIC Co's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, OBIC Co ranks #1775 out of 2637 companies for PB Ratio. This places OBIC Co in the lower half of its industry. The industry median PB Ratio is 2.36. OBIC Co's value of 3.48 is 47.5% above this benchmark. Historically, OBIC Co's own PB Ratio has ranged from 2.61 to 8.32 over the past decade. While the company's 10-year median is 5.24 vs. the industry median of 2.36, OBIC Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.36, based on 2,637 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OBIC Co's current PB Ratio of 3.48 is 47.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on OBIC Co and its competitors. For the Software industry, the median PB Ratio is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OBIC Co's current PB Ratio is 3.48, which is 34% below median its own 10-year median of 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OBIC Co stock overvalued right now?
Based on GuruFocus' analysis, OBIC Co (FRA:OBL) is currently considered Modestly Undervalued. The stock's GF Value™ is €32.00, compared to a current price of €22.60 — trading 29.4% below its estimated fair value. The current PB Ratio is 3.48, which is 34% below median its 10-year median of 5.24 and 47.5% above the Software industry median of 2.36. OBIC Co's overall GF Score™ is 92/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For OBIC Co (FRA:OBL), the current PB Ratio is 3.48 as of Jul. 20, 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 OBIC Co (FRA:OBL) Overvalued in 2026?

Based on GuruFocus' analysis, OBIC Co stock appears to be undervalued. The current stock price of €22.60 is trading 29.4% below its estimated GF Value™ of €32.00. GuruFocus considers OBIC Co to be Modestly Undervalued.

Key valuation signals for FRA:OBL:

  • PB Ratio: 3.48 (34% below median its 10-year median of 5.24)
  • GF Value™: €32.00 vs. price of €22.60 (29.4% below fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 47.5% above the Software median (#1775 of 2637)

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


OBIC Co Business Description

Address 2-4-15 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8328
Obic is one of Japan's largest enterprise resource planning service providers with a dominant share of the Japanese midsize corporate market. Obic has three main business lines: system integration, system support, and office automation, and, thus, offers one-stop construction and operation of information systems centered on its proprietary ERP suite. The company, which has a 57-year history, reported fiscal 2026 revenue of JPY 135.2 billion, with system integration contributing 40.9%, system support 52.9%, and office automation 6.2%.
92GF Score

Get the complete analysis for FRA:OBL

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

€22.60
Price
€32.00
GF Value