Aichi Electric (NGO:6623) PB Ratio: 0.96 (As of Jul. 23, 2026) — 85% Above Median

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NGO:6623 Aichi Electric NGO:6623
65 GF Score
Price 円8,950.00
GF Value 円4,885.91
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Aichi Electric PB Ratio?

Aichi Electric NGO:6623 +1.24% 65 PB Ratio is 0.96 as of Jul. 23, 2026, which is 85% above its 10-year median of 0.52. GuruFocus rates NGO:6623 with a GF Score™ of 65/100 and a GF Value™ of 円4,885.91 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,982 Industrial Products companies, Aichi Electric ranks better than 79.34% 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 (2026-07-23), Aichi Electric's share price is 円8950.00. Aichi Electric's Book Value per Share for the quarter that ended in Mar. 2026 was 円9,299.21. Hence, Aichi Electric's PB Ratio of today is 0.96.

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

NGO:6623' s PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.52   Max: 1.07
Current: 0.96

During the past 13 years, Aichi Electric's highest PB Ratio was 1.07. The lowest was 0.33. And the median was 0.52.

NGO:6623's PB Ratio is ranked better than
79.34% of 2982 companies
in the Industrial Products industry
Industry Median: 2.14 vs NGO:6623: 0.96

During the past 12 months, Aichi Electric'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 9.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aichi Electric was 11.20% per year. The lowest was 3.50% per year. And the median was 7.10% per year.

Back to Basics: PB Ratio


Aichi Electric  (NGO:6623) 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.


Aichi Electric PB Ratio Related Terms


Aichi Electric PB Ratio Historical Data

* Premium members only.

The historical data trend for Aichi Electric'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.

Aichi Electric PB Ratio Chart

Aichi Electric 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 0.42 0.51 0.54 0.51 0.76

Aichi Electric 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 0.54 0.51 0.51 0.65 0.76

NGO:6623 vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Aichi Electric'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.


Aichi Electric PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aichi Electric's PB Ratio distribution charts can be found below:

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


NGO:6623
65GF Score
Aichi Electric NGO:6623
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aichi Electric 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.

Aichi Electric's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=8950.00/9299.213
=0.96

* 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 0.96 mean?
Aichi Electric (NGO:6623) has a PB Ratio of 0.96 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aichi Electric and its competitors. This is 85% above median its historical median of 0.52. Over the past decade, Aichi Electric's PB Ratio has ranged from 0.33 to 1.07. According to the industry distribution chart, Aichi Electric ranks #616 out of 2982 companies in the Industrial Products industry, placing it in the top 20.7%.
Is Aichi Electric's PB Ratio too high?
Aichi Electric's current PB Ratio of 0.96 is 85% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.07. The Industrial Products industry median PB Ratio is 2.14. Aichi Electric's value of 0.96 is 55.1% below this industry median. Based on the distribution chart, Aichi Electric ranks #616 out of 2982 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Aichi Electric has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aichi Electric's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Aichi Electric ranks #616 out of 2982 companies for PB Ratio. This places Aichi Electric in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.14. Aichi Electric's value of 0.96 is 55.1% below this benchmark. Historically, Aichi Electric's own PB Ratio has ranged from 0.33 to 1.07 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 2.14, Aichi Electric 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.14, based on 2,982 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. Aichi Electric's current PB Ratio of 0.96 is 55.1% 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 Aichi Electric and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aichi Electric's current PB Ratio is 0.96, which is 85% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aichi Electric stock overvalued right now?
Based on GuruFocus' analysis, Aichi Electric (NGO:6623) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,885.91, compared to a current price of 円8,950.00 — trading 83.2% above its estimated fair value. The current PB Ratio is 0.96, which is 85% above median its 10-year median of 0.52 and 55.1% below the Industrial Products industry median of 2.14. Aichi Electric's overall GF Score™ is 65/100 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 Aichi Electric (NGO:6623), the current PB Ratio is 0.96 as of Jul. 23, 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 Aichi Electric (NGO:6623) Overvalued in 2026?

Based on GuruFocus' analysis, Aichi Electric stock appears to be overvalued. The current stock price of 円8,950.00 is trading 83.2% above its estimated GF Value™ of 円4,885.91. GuruFocus considers Aichi Electric to be Significantly Overvalued.

Key valuation signals for NGO:6623:

  • PB Ratio: 0.96 (85% above median its 10-year median of 0.52)
  • GF Value™: 円4,885.91 vs. price of 円8,950.00 (83.2% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 55.1% below the Industrial Products median (#616 of 2982)

No single metric tells the full story. See the NGO:6623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aichi Electric Business Description

Address 1,Aichi-cho, Kasugai, JPN, 486-8666
Aichi Electric Co., Ltd is engaged in providing electric power products in Japan. The company's products offerings are A transformer, Motor, Applied equipment, Plant equipment, Power conversion equipment, and others. Its segments include: Power Equipment; and Rotating Machines.
65GF Score

Get the complete analysis for NGO:6623

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

円8,950.00
Price
円4,885.91
GF Value