Golf Do Co (NGO:3032) PB Ratio: 1.75 (As of Jul. 19, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:3032 Golf Do Co Ltd NGO:3032
53 GF Score
Price 円316.00
GF Value 円212.38
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Golf Do Co PB Ratio?

Golf Do Co NGO:3032 +0.64% 53 PB Ratio is 1.75 as of Jul. 19, 2026, which is 5% below its 10-year median of 1.84. GuruFocus rates NGO:3032 with a GF Score™ of 53/100 and a GF Value™ of 円212.38 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,077 Retail - Cyclical companies, Golf Do Co ranks worse than 55.9% 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 (2026-07-19), Golf Do Co's share price is 円316.00. Golf Do Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円180.72. Hence, Golf Do Co's PB Ratio of today is 1.75.

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

NGO:3032' s PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.84   Max: 4.81
Current: 1.75

During the past 13 years, Golf Do Co's highest PB Ratio was 4.81. The lowest was 0.93. And the median was 1.84.

NGO:3032's PB Ratio is ranked worse than
55.9% of 1077 companies
in the Retail - Cyclical industry
Industry Median: 1.47 vs NGO:3032: 1.75

During the past 12 months, Golf Do Co's average Book Value Per Share Growth Rate was 10.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Golf Do Co was 33.40% per year. The lowest was -16.30% per year. And the median was 1.40% per year.

Back to Basics: PB Ratio


Golf Do Co  (NGO:3032) 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.


Golf Do Co PB Ratio Related Terms


Golf Do Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Golf Do 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.

Golf Do Co PB Ratio Chart

Golf Do 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 1.21 1.17 1.15 1.13 1.55

Golf Do Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.15 1.25 1.13 1.12 1.55

NGO:3032 vs CASY, WSM, DKS: PB Ratio Comparison

For the Specialty Retail subindustry, Golf Do 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.


Golf Do Co PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Golf Do Co's PB Ratio distribution charts can be found below:

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


NGO:3032
53GF Score
Golf Do Co Ltd NGO:3032
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golf Do 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=316.00/180.72
=1.75

* 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 1.75 mean?
Golf Do Co (NGO:3032) has a PB Ratio of 1.75 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Golf Do Co and its competitors. This is near median its historical median of 1.84. Over the past decade, Golf Do Co's PB Ratio has ranged from 0.93 to 4.81. According to the industry distribution chart, Golf Do Co ranks #602 out of 1077 companies in the Retail - Cyclical industry, placing it in the top 55.9%.
Is Golf Do Co's PB Ratio too high?
Golf Do Co's current PB Ratio of 1.75 is near median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 4.81. The Retail - Cyclical industry median PB Ratio is 1.47. Golf Do Co's value of 1.75 is 19% above this industry median. Based on the distribution chart, Golf Do Co ranks #602 out of 1077 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Golf Do Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golf Do Co's PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Golf Do Co ranks #602 out of 1077 companies for PB Ratio. This places Golf Do Co in the lower half of its industry. The industry median PB Ratio is 1.47. Golf Do Co's value of 1.75 is 19% above this benchmark. Historically, Golf Do Co's own PB Ratio has ranged from 0.93 to 4.81 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.47, Golf Do 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.47, based on 1,077 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. Golf Do Co's current PB Ratio of 1.75 is 19% 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 Golf Do Co and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golf Do Co's current PB Ratio is 1.75, which is near median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golf Do Co stock overvalued right now?
Based on GuruFocus' analysis, Golf Do Co (NGO:3032) is currently considered Significantly Overvalued. The stock's GF Value™ is 円212.38, compared to a current price of 円316.00 — trading 48.8% above its estimated fair value. The current PB Ratio is 1.75, which is near median its 10-year median of 1.84 and 19% above the Retail - Cyclical industry median of 1.47. Golf Do Co's overall GF Score™ is 53/100 with 8 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 Golf Do Co (NGO:3032), the current PB Ratio is 1.75 as of Jul. 19, 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 Golf Do Co (NGO:3032) Overvalued in 2026?

Based on GuruFocus' analysis, Golf Do Co stock appears to be overvalued. The current stock price of 円316.00 is trading 48.8% above its estimated GF Value™ of 円212.38. GuruFocus considers Golf Do Co to be Significantly Overvalued.

Key valuation signals for NGO:3032:

  • PB Ratio: 1.75 (near median its 10-year median of 1.84)
  • GF Value™: 円212.38 vs. price of 円316.00 (48.8% above fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 19% above the Retail - Cyclical median (#602 of 1077)

No single metric tells the full story. See the NGO:3032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golf Do Co Business Description

Address 2-3-1 Kami-Ochiai Chuo-ku, Saitama Prefecture, Saitama, JPN, 338-0001
Golf Do Co Ltd is engaged in the operation of direct and franchised chain stores that buy and sell second-hand clubs. Its products include new and second-hand golf clubs, golf goods, such as golf balls, caddy bags. It also provides free rental from the abundant clubs at the shop during lessons.
53GF Score

Get the complete analysis for NGO:3032

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

円316.00
Price
円212.38
GF Value