Rizap Group (SSE:2928) PB Ratio: 2.13 (As of Aug. 01, 2026) — 49% Below Median

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Director of Data and Quant Analytics at GuruFocus
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SSE:2928 Rizap Group SSE:2928
49 GF Score
Price 円180.00
GF Value 円222.74
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Rizap Group PB Ratio?

Rizap Group SSE:2928 +0.56% 49 PB Ratio is 2.13 as of Aug. 01, 2026, which is 49% below its 10-year median of 4.19. GuruFocus rates SSE:2928 with a GF Score™ of 49/100 and a GF Value™ of 円222.74 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,084 Retail - Cyclical companies, Rizap Group ranks worse than 63.84% 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 (2026-08-01), Rizap Group's share price is 円180.00. Rizap Group's Book Value per Share for the quarter that ended in Mar. 2026 was 円84.62. Hence, Rizap Group's PB Ratio of today is 2.13.

Good Sign:

Rizap Group stock PB Ratio (=2.17) is close to 5-year low of 2.03.

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

SSE:2928' s PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 4.19   Max: 33.89
Current: 2.13

During the past 13 years, Rizap Group's highest PB Ratio was 33.89. The lowest was 1.85. And the median was 4.19.

SSE:2928's PB Ratio is ranked worse than
63.84% of 1084 companies
in the Retail - Cyclical industry
Industry Median: 1.48 vs SSE:2928: 2.13

During the past 12 months, Rizap Group's average Book Value Per Share Growth Rate was -2.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 49.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Rizap Group was 85.70% per year. The lowest was -17.70% per year. And the median was 21.70% per year.

Back to Basics: PB Ratio


Rizap Group  (SSE:2928) 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.


Rizap Group PB Ratio Related Terms


Rizap Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Rizap Group'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.

Rizap Group PB Ratio Chart

Rizap Group 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 3.13 6.25 11.91 2.72 2.54

Rizap Group 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 2.72 2.63 2.56 2.51 2.54

SSE:2928 vs CASY, WSM, ULTA: PB Ratio Comparison

For the Specialty Retail subindustry, Rizap 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.


Rizap Group PB Ratio vs Retail - Cyclical Industry

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

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


SSE:2928
49GF Score
Rizap Group SSE:2928
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rizap 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.

Rizap Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=180.00/84.617
=2.13

* 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 2.13 mean?
Rizap Group (SSE:2928) has a PB Ratio of 2.13 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Rizap Group and its competitors. This is 49% below median its historical median of 4.19. Over the past decade, Rizap Group's PB Ratio has ranged from 1.85 to 33.89. According to the industry distribution chart, Rizap Group ranks #692 out of 1084 companies in the Retail - Cyclical industry, placing it in the top 63.8%.
Is Rizap Group's PB Ratio too high?
Rizap Group's current PB Ratio of 2.13 is 49% below median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 33.89. The Retail - Cyclical industry median PB Ratio is 1.48. Rizap Group's value of 2.13 is 43.9% above this industry median. Based on the distribution chart, Rizap Group ranks #692 out of 1084 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Rizap Group has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rizap Group's PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Rizap Group ranks #692 out of 1084 companies for PB Ratio. This places Rizap Group in the lower half of its industry. The industry median PB Ratio is 1.48. Rizap Group's value of 2.13 is 43.9% above this benchmark. Historically, Rizap Group's own PB Ratio has ranged from 1.85 to 33.89 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 1.48, Rizap 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.48, based on 1,084 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. Rizap Group's current PB Ratio of 2.13 is 43.9% 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 Rizap Group and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rizap Group's current PB Ratio is 2.13, which is 49% below median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rizap Group stock overvalued right now?
Based on GuruFocus' analysis, Rizap Group (SSE:2928) is currently considered Modestly Undervalued. The stock's GF Value™ is 円222.74, compared to a current price of 円180.00 — trading 19.2% below its estimated fair value. The current PB Ratio is 2.13, which is 49% below median its 10-year median of 4.19 and 43.9% above the Retail - Cyclical industry median of 1.48. Rizap Group's overall GF Score™ is 49/100 with 4 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 Rizap Group (SSE:2928), the current PB Ratio is 2.13 as of Aug. 01, 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 Rizap Group (SSE:2928) Overvalued in 2026?

Based on GuruFocus' analysis, Rizap Group stock appears to be undervalued. The current stock price of 円180.00 is trading 19.2% below its estimated GF Value™ of 円222.74. GuruFocus considers Rizap Group to be Modestly Undervalued.

Key valuation signals for SSE:2928:

  • PB Ratio: 2.13 (49% below median its 10-year median of 4.19)
  • GF Value™: 円222.74 vs. price of 円180.00 (19.2% below fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 43.9% above the Retail - Cyclical median (#692 of 1084)

No single metric tells the full story. See the SSE:2928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rizap Group Business Description

Address Kitashinjuku 2-21-1, Shinjuku Front Tower, 31st Floor, Shinjuku-ku, Yubinbango, Tokyo, JPN, 169-0074
Rizap Group is engaged in health and fitness. The Company sells its beauty and health products through mail order. The company manufactures and sales of beauty related products, health foods, Apparel, interior goods. Its other business includes Housing new construction, renovation, Mega solar business, and entertainment business. Its products include mud Awawa, RIZAP Golf, among others.
49GF Score

Get the complete analysis for SSE:2928

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

円180.00
Price
円222.74
GF Value