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Musashino Kogyo CoFSE:9635 -0.98%45 PB Ratio is 0.66 as of Jul. 21, 2026, which is 2% above its 10-year median of 0.65. GuruFocus rates FSE:9635 with a GF Score™ of 45/100 and a GF Value™ of 円2,091.31 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,716 Real Estate companies, Musashino Kogyo Co ranks better than 58.74% on this metric.
The historical rank and industry rank for Musashino Kogyo Co's PB Ratio or its related term are showing as below:
FSE:9635'
s PB Ratio Range Over the Past 10 Years
Min: 0.54 Med: 0.65 Max: 0.87
Current: 0.66
During the past 13 years, Musashino Kogyo Co's highest PB Ratio was 0.87. The lowest was 0.54. And the median was 0.65.
FSE:9635's PB Ratio is ranked better than 58.74% of 1716
companies
in the Real Estate industry
Industry Median: 0.81
vs FSE:9635: 0.66
During the past 12 months, Musashino Kogyo Co's average Book Value Per Share Growth Rate was 10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Musashino Kogyo Co was 6.90% per year. The lowest was -2.70% per year. And the median was 1.25% per year.
Back to Basics: PB Ratio
Musashino Kogyo Co (FSE:9635) PB Ratio Explanation
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.
Musashino Kogyo Co PB Ratio Related Terms
Musashino Kogyo Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Musashino Kogyo 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.
For the Real Estate Services subindustry, Musashino Kogyo 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.
Musashino Kogyo Co PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Musashino Kogyo Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Musashino Kogyo Co's PB Ratio falls into.
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.
* 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.
Musashino Kogyo Co (FSE:9635) has a PB Ratio of 0.66 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Musashino Kogyo Co and its competitors. This is near median its historical median of 0.65. Over the past decade, Musashino Kogyo Co's PB Ratio has ranged from 0.54 to 0.87. According to the industry distribution chart, Musashino Kogyo Co ranks #708 out of 1716 companies in the Real Estate industry, placing it in the top 41.3%.
Is Musashino Kogyo Co's PB Ratio too high?
Musashino Kogyo Co's current PB Ratio of 0.66 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 0.87. The Real Estate industry median PB Ratio is 0.81. Musashino Kogyo Co's value of 0.66 is 18.5% below this industry median. Based on the distribution chart, Musashino Kogyo Co ranks #708 out of 1716 companies in the Real Estate industry, which is above the industry midpoint. Overall, Musashino Kogyo Co has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Musashino Kogyo Co's PB Ratio compare to ?
According to the Real Estate industry distribution chart, Musashino Kogyo Co ranks #708 out of 1716 companies for PB Ratio. This puts Musashino Kogyo Co in the upper half of its industry. The industry median PB Ratio is 0.81. Musashino Kogyo Co's value of 0.66 is 18.5% below this benchmark. Historically, Musashino Kogyo Co's own PB Ratio has ranged from 0.54 to 0.87 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.81, Musashino Kogyo Co has consistently been below 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,716 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. Musashino Kogyo Co's current PB Ratio of 0.66 is 18.5% below 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 Musashino Kogyo Co and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musashino Kogyo Co's current PB Ratio is 0.66, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musashino Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Musashino Kogyo Co (FSE:9635) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,091.31, compared to a current price of 円2,525.00 — trading 20.7% above its estimated fair value. The current PB Ratio is 0.66, which is near median its 10-year median of 0.65 and 18.5% below the Real Estate industry median of 0.81. Musashino Kogyo Co's overall GF Score™ is 45/100 with 6 warning signs 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 Musashino Kogyo Co (FSE:9635), the current PB Ratio is 0.66 as of Jul. 21, 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 Musashino Kogyo Co (FSE:9635) Overvalued in 2026?
Based on GuruFocus' analysis, Musashino Kogyo Co stock appears to be overvalued.
The current stock price of 円2,525.00 is trading 20.7% above its estimated GF Value™ of 円2,091.31.
GuruFocus considers Musashino Kogyo Co to be Modestly Overvalued.
Key valuation signals for FSE:9635:
PB Ratio: 0.66 (near median its 10-year median of 0.65)
GF Value™: 円2,091.31 vs. price of 円2,525.00 (20.7% above fair value)
Industry Position: 18.5% below the Real Estate median (#708 of 1716)
No single metric tells the full story. See the FSE:9635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Musashino Kogyo Co Ltd is a real estate company which manages land and buildings. The company invests in real estate properties. In addition, the company is engaged in the distribution and operation of cinema kiosks. The reportable segments are the four divisions consisting of Automobile Training Business, Automobile Training Business, and Trading Business.
45GF Score
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