Mitsubishi UFJ Financial GroupMUFG +2.72%61 PB Ratio is 1.70 as of Jul. 07, 2026, which is 204% above its 10-year median of 0.56. GuruFocus rates MUFG with a GF Score™ of 61/100 and a GF Value™ of $13.41 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,518 Banks companies, Mitsubishi UFJ Financial Group ranks worse than 83.6% on this metric.
Mitsubishi UFJ Financial Group Inc stock PB Ratio (=1.71) is close to 10-year high of 1.71.
The historical rank and industry rank for Mitsubishi UFJ Financial Group's PB Ratio or its related term are showing as below:
MUFG'
s PB Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.56 Max: 1.71
Current: 1.71
During the past 13 years, Mitsubishi UFJ Financial Group's highest PB Ratio was 1.71. The lowest was 0.30. And the median was 0.56.
MUFG's PB Ratio is ranked worse than 83.6% of 1518
companies
in the Banks industry
Industry Median: 1.1
vs MUFG: 1.71
During the past 12 months, Mitsubishi UFJ Financial Group'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 11.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mitsubishi UFJ Financial Group was 50.80% per year. The lowest was -24.60% per year. And the median was 4.80% per year.
Back to Basics: PB Ratio
Mitsubishi UFJ Financial Group (NYSE:MUFG) 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.
Mitsubishi UFJ Financial Group PB Ratio Related Terms
Mitsubishi UFJ Financial Group PB Ratio Historical Data
* 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 Banks - Diversified subindustry, Mitsubishi UFJ Financial Group'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.
Mitsubishi UFJ Financial Group PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Mitsubishi UFJ Financial Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mitsubishi UFJ Financial Group's PB Ratio falls into.
Mitsubishi UFJ Financial Group 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.
* 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.
Mitsubishi UFJ Financial Group (MUFG) has a PB Ratio of 1.70 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mitsubishi UFJ Financial Group and its competitors. This is 204% above median its historical median of 0.56. Over the past decade, Mitsubishi UFJ Financial Group's PB Ratio has ranged from 0.30 to 1.71. According to the industry distribution chart, Mitsubishi UFJ Financial Group ranks #1269 out of 1518 companies in the Banks industry, placing it in the top 83.6%.
Is Mitsubishi UFJ Financial Group's PB Ratio too high?
Mitsubishi UFJ Financial Group's current PB Ratio of 1.70 is 204% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.71. The Banks industry median PB Ratio is 1.10. Mitsubishi UFJ Financial Group's value of 1.70 is 54.5% above this industry median. Based on the distribution chart, Mitsubishi UFJ Financial Group ranks #1269 out of 1518 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Mitsubishi UFJ Financial Group has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi UFJ Financial Group's PB Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Mitsubishi UFJ Financial Group ranks #1269 out of 1518 companies for PB Ratio. This places Mitsubishi UFJ Financial Group in the lower half of its industry. The industry median PB Ratio is 1.10. Mitsubishi UFJ Financial Group's value of 1.70 is 54.5% above this benchmark. Historically, Mitsubishi UFJ Financial Group's own PB Ratio has ranged from 0.30 to 1.71 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.10, Mitsubishi UFJ Financial Group 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 Banks company?
The median PB Ratio among Banks companies is 1.10, based on 1,518 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. Mitsubishi UFJ Financial Group's current PB Ratio of 1.70 is 54.5% 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 Mitsubishi UFJ Financial Group and its competitors. For the Banks industry, the median PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi UFJ Financial Group's current PB Ratio is 1.70, which is 204% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi UFJ Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi UFJ Financial Group (MUFG) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.41, compared to a current price of $21.17 — trading 57.9% above its estimated fair value. The current PB Ratio is 1.70, which is 204% above median its 10-year median of 0.56 and 54.5% above the Banks industry median of 1.10. Mitsubishi UFJ Financial Group's overall GF Score™ is 61/100 with 5 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 Mitsubishi UFJ Financial Group (MUFG), the current PB Ratio is 1.70 as of Jul. 07, 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 Mitsubishi UFJ Financial Group (MUFG) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi UFJ Financial Group stock appears to be overvalued.
The current stock price of $21.17 is trading 57.9% above its estimated GF Value™ of $13.41.
GuruFocus considers Mitsubishi UFJ Financial Group to be Significantly Overvalued.
Key valuation signals for MUFG:
PB Ratio: 1.70 (204% above median its 10-year median of 0.56)
GF Value™: $13.41 vs. price of $21.17 (57.9% above fair value)
Industry Position: 54.5% above the Banks median (#1269 of 1518)
No single metric tells the full story. See the MUFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi UFJ Financial Group Business Description
Mitsubishi UFJ Financial Group is the largest bank in Japan in terms of market capitalization and assets. It is the largest non-Chinese bank group globally and has a balance sheet slightly larger than those of JPMorgan Chase and HSBC Holdings. MUFG's operations in Japan account for around half of profit, banking in Thailand and Indonesia for around 15%, and equity-method earnings from Morgan Stanley most of the rest.
61GF Score
Get the complete analysis for MUFG
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