Cross Plus (NGO:3320) PB Ratio: 0.45 (As of Jul. 20, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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:3320 Cross Plus Inc NGO:3320
58 GF Score
Price 円1,170.00
GF Value 円968.98
! 5 Warning Signs
View Full Analysis

What is Cross Plus PB Ratio?

Cross Plus NGO:3320 58 PB Ratio is 0.45 as of Jul. 20, 2026, which is 6% below its 10-year median of 0.48. GuruFocus rates NGO:3320 with a GF Score™ of 58/100 and a GF Value™ of 円968.98. The stock has 5 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, Cross Plus ranks better than 79.68% 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), Cross Plus's share price is 円1170.00. Cross Plus's Book Value per Share for the quarter that ended in Jan. 2026 was 円2,584.82. Hence, Cross Plus's PB Ratio of today is 0.45.

Warning Sign:

Cross Plus Inc stock PB Ratio (=0.52) is close to 2-year high of 0.56.

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

NGO:3320' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.48   Max: 0.95
Current: 0.52

During the past 13 years, Cross Plus's highest PB Ratio was 0.95. The lowest was 0.22. And the median was 0.48.

NGO:3320's PB Ratio is ranked better than
79.68% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.07 vs NGO:3320: 0.52

During the past 12 months, Cross Plus's average Book Value Per Share Growth Rate was 14.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% 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 Cross Plus was 15.50% per year. The lowest was -17.20% per year. And the median was 1.30% per year.

Back to Basics: PB Ratio


Cross Plus  (NGO:3320) 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.


Cross Plus PB Ratio Related Terms


Cross Plus PB Ratio Historical Data

* Premium members only.

The historical data trend for Cross Plus'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.

Cross Plus PB Ratio Chart

Cross Plus Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.59 0.56 0.51 0.45

Cross Plus Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.51 0.48 0.44 0.45 0.45

NGO:3320 vs RL, LEVI, VFC: PB Ratio Comparison

For the Apparel Manufacturing subindustry, Cross Plus'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.


Cross Plus PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cross Plus's PB Ratio distribution charts can be found below:

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


NGO:3320
58GF Score
Cross Plus Inc NGO:3320
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cross Plus 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.

Cross Plus's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=1170.00/2584.824
=0.45

* 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 0.45 mean?
Cross Plus (NGO:3320) has a PB Ratio of 0.45 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 Cross Plus and its competitors. This is near median its historical median of 0.48. Over the past decade, Cross Plus' PB Ratio has ranged from 0.22 to 0.95. According to the industry distribution chart, Cross Plus ranks #204 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20.3%.
Is Cross Plus' PB Ratio too high?
Cross Plus' current PB Ratio of 0.45 is near median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.95. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. Cross Plus' value of 0.45 is 57.9% below this industry median. Based on the distribution chart, Cross Plus ranks #204 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Cross Plus has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Cross Plus' PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cross Plus ranks #204 out of 1004 companies for PB Ratio. This places Cross Plus in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.07. Cross Plus' value of 0.45 is 57.9% below this benchmark. Historically, Cross Plus' own PB Ratio has ranged from 0.22 to 0.95 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 1.07, Cross Plus 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.07, based on 1,004 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. Cross Plus's current PB Ratio of 0.45 is 57.9% 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 Cross Plus and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cross Plus's current PB Ratio is 0.45, which is near median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Plus stock overvalued right now?
Cross Plus (NGO:3320) has a current PB Ratio of 0.45. The stock's GF Value™ is 円968.98, compared to a current price of 円1,170.00 — trading 20.7% above its estimated fair value. The current PB Ratio is 0.45, which is near median its 10-year median of 0.48 and 57.9% below the Manufacturing - Apparel & Accessories industry median of 1.07. Cross Plus' overall GF Score™ is 58/100 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 Cross Plus (NGO:3320), the current PB Ratio is 0.45 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 Cross Plus (NGO:3320) Overvalued in 2026?

Based on GuruFocus' analysis, Cross Plus stock appears to be overvalued. The current stock price of 円1,170.00 is trading 20.7% above its estimated GF Value™ of 円968.98.

Key valuation signals for NGO:3320:

  • PB Ratio: 0.45 (near median its 10-year median of 0.48)
  • GF Value™: 円968.98 vs. price of 円1,170.00 (20.7% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 57.9% below the Manufacturing - Apparel & Accessories median (#204 of 1004)

No single metric tells the full story. See the NGO:3320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cross Plus Business Description

Other Exchanges 3320:Japan
Address 3-9-13, Hananoki, Nishiku, Nagoya, JPN, 451-8560
Cross Plus Inc is an apparel manufacturing company based in Japan. It is engaged in the planning, manufacturing and selling of women's apparel, clothing accessories and operating SPA. The company primarily serves widespread business partners such as mass merchandising stores, speciality shop and department stores nationwide.
58GF Score

Get the complete analysis for NGO:3320

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

円1,170.00
Price
円968.98
GF Value