ICHIF (Ichigo) PB Ratio: 1.28 (As of Jul. 01, 2026) — 20% Below Median


ICHIF Ichigo Inc ICHIF
87 GF Score
Price $2.40
GF Value $2.64
! 3 Warning Signs
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What is Ichigo PB Ratio?

Ichigo ICHIF 87 PB Ratio is 1.28 as of Jul. 01, 2026, which is 20% below its 10-year median of 1.61. GuruFocus rates ICHIF with a GF Score™ of 87/100 and a GF Value™ of $2.64. The stock has 3 warning signs investors should review. Among 1,712 Real Estate companies, Ichigo ranks worse than 75.06% 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 (2026-07-01), Ichigo's share price is $2.40. Ichigo's Book Value per Share for the quarter that ended in Feb. 2026 was $1.87. Hence, Ichigo's PB Ratio of today is 1.28.

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

ICHIF' s PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.61   Max: 3.2
Current: 1.5

During the past 13 years, Ichigo's highest PB Ratio was 3.20. The lowest was 1.03. And the median was 1.61.

ICHIF's PB Ratio is ranked worse than
75.06% of 1712 companies
in the Real Estate industry
Industry Median: 0.815 vs ICHIF: 1.50

During the past 12 months, Ichigo's average Book Value Per Share Growth Rate was 10.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ichigo was 35.00% per year. The lowest was -51.90% per year. And the median was 6.40% per year.

Back to Basics: PB Ratio


Ichigo  (OTCPK:ICHIF) 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.


Ichigo PB Ratio Related Terms


Ichigo PB Ratio Historical Data

* Premium members only.

The historical data trend for Ichigo'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.

Ichigo PB Ratio Chart

Ichigo Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.25 1.56 1.21 1.28

Ichigo Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.21 1.48 1.45 1.34 1.28

ICHIF vs CBRE, BEKE, JLL: PB Ratio Comparison

For the Real Estate Services subindustry, Ichigo'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.


Ichigo PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ichigo's PB Ratio distribution charts can be found below:

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


ICHIF
87GF Score
Ichigo Inc ICHIF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ichigo 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.

Ichigo's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=2.40/1.871
=1.28

* 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 1.28 mean?
Ichigo (ICHIF) has a PB Ratio of 1.28 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ichigo and its competitors. This is 20% below median its historical median of 1.61. Over the past decade, Ichigo's PB Ratio has ranged from 1.03 to 3.20. According to the industry distribution chart, Ichigo ranks #1285 out of 1712 companies in the Real Estate industry, placing it in the top 75.1%.
Is Ichigo's PB Ratio too high?
Ichigo's current PB Ratio of 1.28 is 20% below median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 3.20. The Real Estate industry median PB Ratio is 0.82. Ichigo's value of 1.28 is 57.1% above this industry median. Based on the distribution chart, Ichigo ranks #1285 out of 1712 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Ichigo has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Ichigo's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Ichigo ranks #1285 out of 1712 companies for PB Ratio. This places Ichigo in the lower half of its industry. The industry median PB Ratio is 0.82. Ichigo's value of 1.28 is 57.1% above this benchmark. Historically, Ichigo's own PB Ratio has ranged from 1.03 to 3.20 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 0.82, Ichigo 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,712 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. Ichigo's current PB Ratio of 1.28 is 57.1% 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 Ichigo and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo's current PB Ratio is 1.28, which is 20% below median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo stock overvalued right now?
Ichigo (ICHIF) has a current PB Ratio of 1.28. The stock's GF Value™ is $2.64, compared to a current price of $2.40 — trading 9.1% below its estimated fair value. The current PB Ratio is 1.28, which is 20% below median its 10-year median of 1.61 and 57.1% above the Real Estate industry median of 0.82. Ichigo's overall GF Score™ is 87/100 with 3 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 Ichigo (ICHIF), the current PB Ratio is 1.28 as of Jul. 01, 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 Ichigo (ICHIF) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo stock appears to be undervalued. The current stock price of $2.40 is trading 9.1% below its estimated GF Value™ of $2.64.

Key valuation signals for ICHIF:

  • PB Ratio: 1.28 (20% below median its 10-year median of 1.61)
  • GF Value™: $2.64 vs. price of $2.40 (9.1% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 57.1% above the Real Estate median (#1285 of 1712)

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


Ichigo Business Description

Other Exchanges 2337:Japan
Address 2-6-1 Marunouchi, 17th Floor, The Imperial Hotel Tower, Chiyoda-ku, Tokyo, JPN, 100-0011
Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.
87GF Score

Get the complete analysis for ICHIF

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

$2.40
Price
$2.64
GF Value