SAEOF (Sanden) PB Ratio: 2.21 (As of Jul. 21, 2026) — 143% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

SAEOF Sanden Corp SAEOF
49 GF Score
Price $3.60
GF Value $3.43
! 5 Warning Signs
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What is Sanden PB Ratio?

Sanden SAEOF 49 PB Ratio is 2.21 as of Jul. 21, 2026, which is 143% above its 10-year median of 0.91. GuruFocus rates SAEOF with a GF Score™ of 49/100 and a GF Value™ of $3.43. The stock has 5 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Sanden ranks better than 77.2% 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 (2026-07-21), Sanden's share price is $3.60. Sanden's Book Value per Share for the quarter that ended in Dec. 2025 was $1.63. Hence, Sanden's PB Ratio of today is 2.21.

Good Sign:

Sanden Corp stock PB Ratio (=0.61) is close to 5-year low of 0.56.

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

SAEOF' s PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.91   Max: 1.76
Current: 0.61

During the past 13 years, Sanden's highest PB Ratio was 1.76. The lowest was 0.29. And the median was 0.91.

SAEOF's PB Ratio is ranked better than
77.2% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 1.355 vs SAEOF: 0.61

During the past 12 months, Sanden's average Book Value Per Share Growth Rate was 18.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sanden was 15.60% per year. The lowest was -37.70% per year. And the median was -14.90% per year.

Back to Basics: PB Ratio


Sanden  (OTCPK:SAEOF) 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.


Sanden PB Ratio Related Terms


Sanden PB Ratio Historical Data

* Premium members only.

The historical data trend for Sanden'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.

Sanden PB Ratio Chart

Sanden Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.41 2.86 2.73

Sanden Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 3.13 3.33 3.06 2.34 2.21

SAEOF vs ORLY, AZO: PB Ratio Comparison

For the Auto Parts subindustry, Sanden'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.


Sanden PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanden's PB Ratio distribution charts can be found below:

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


SAEOF
49GF Score
Sanden Corp SAEOF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanden 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=3.60/1.626
=2.21

* 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 2.21 mean?
Sanden (SAEOF) has a PB Ratio of 2.21 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sanden and its competitors. This is 143% above median its historical median of 0.91. Over the past decade, Sanden's PB Ratio has ranged from 0.29 to 1.76. According to the industry distribution chart, Sanden ranks #295 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 22.8%.
Is Sanden's PB Ratio too high?
Sanden's current PB Ratio of 2.21 is 143% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.76. The Vehicles & Parts industry median PB Ratio is 1.36. Sanden's value of 2.21 is 63.1% above this industry median. Based on the distribution chart, Sanden ranks #295 out of 1294 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Sanden has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Sanden's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Sanden ranks #295 out of 1294 companies for PB Ratio. This places Sanden in the top 23% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.36. Sanden's value of 2.21 is 63.1% above this benchmark. Historically, Sanden's own PB Ratio has ranged from 0.29 to 1.76 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.36, Sanden 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.36, based on 1,294 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. Sanden's current PB Ratio of 2.21 is 63.1% 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 Sanden and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanden's current PB Ratio is 2.21, which is 143% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanden stock overvalued right now?
Sanden (SAEOF) has a current PB Ratio of 2.21. The stock's GF Value™ is $3.43, compared to a current price of $3.60 — trading 5% above its estimated fair value. The current PB Ratio is 2.21, which is 143% above median its 10-year median of 0.91 and 63.1% above the Vehicles & Parts industry median of 1.36. Sanden's overall GF Score™ is 49/100 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 Sanden (SAEOF), the current PB Ratio is 2.21 as of Jul. 21, 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 Sanden (SAEOF) Overvalued in 2026?

Based on GuruFocus' analysis, Sanden stock appears to be overvalued. The current stock price of $3.60 is trading 5% above its estimated GF Value™ of $3.43.

Key valuation signals for SAEOF:

  • PB Ratio: 2.21 (143% above median its 10-year median of 0.91)
  • GF Value™: $3.43 vs. price of $3.60 (5% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 63.1% above the Vehicles & Parts median (#295 of 1294)

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


Sanden Business Description

Other Exchanges 6444:JapanSOE1:Germany
Address 20 Kotobuki-cho, Gunma, Isesaki, JPN, 372-8502
Sanden Corp is a Japan-based company that operates through two segments. The company's automotive systems segment manufactures and distributes automotive air conditioning systems and air-conditioner compressors. The commercial store systems segment manufactures and distributes automatic vending machines, commercial freezers, and refrigerated showcases. Sanden Holdings' products are provided to customers including multinational automobile makers, beverage manufacturers, and home users. The company generates the majority of its sales from the Asian market.
49GF Score

Get the complete analysis for SAEOF

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

$3.60
Price
$3.43
GF Value