Hikari Holdings Co (TSE:1445) PB Ratio: 4.04 (As of Jul. 24, 2026) — Near Median

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TSE:1445 Hikari Holdings Co Ltd TSE:1445
16 GF Score
Price 円2,900.00
GF Value 円4,506.62
! 7 Warning Signs
View Full Analysis

What is Hikari Holdings Co PB Ratio?

Hikari Holdings Co TSE:1445 16 PB Ratio is 4.04 as of Jul. 24, 2026, which is 2% above its 10-year median of 3.97. GuruFocus rates TSE:1445 with a GF Score™ of 16/100 and a GF Value™ of 円4,506.62. The stock has 7 warning signs investors should review.

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 (2026-07-24), Hikari Holdings Co's share price is 円2900.00. Hikari Holdings Co's Book Value per Share for the quarter that ended in Feb. 2026 was 円718.32. Hence, Hikari Holdings Co's PB Ratio of today is 4.04.

Good Sign:

Hikari Holdings Co Ltd stock PB Ratio (=4.04) is close to 2-year low of 3.97.

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

TSE:1445' s PB Ratio Range Over the Past 10 Years
Min: 2.2   Med: 3.97   Max: 5.6
Current: 4.04

During the past 10 years, Hikari Holdings Co's highest PB Ratio was 5.60. The lowest was 2.20. And the median was 3.97.

TSE:1445's PB Ratio is not ranked
in the Conglomerates industry.
Industry Median: 1.04 vs TSE:1445: 4.04

During the past 12 months, Hikari Holdings Co's average Book Value Per Share Growth Rate was -23.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -18.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -13.30% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Hikari Holdings Co was 36.60% per year. The lowest was -18.00% per year. And the median was -1.30% per year.

Back to Basics: PB Ratio


Hikari Holdings Co  (TSE:1445) 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.


Hikari Holdings Co PB Ratio Related Terms


Hikari Holdings Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Hikari Holdings 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.

Hikari Holdings Co PB Ratio Chart

Hikari Holdings Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 3.09 4.59 3.97 5.60

Hikari Holdings Co Semi-Annual Data
Aug16 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 2.98 3.97 3.10 5.60 4.04

TSE:1445 vs HON, MMM: PB Ratio Comparison

For the Conglomerates subindustry, Hikari Holdings 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.


Hikari Holdings Co PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hikari Holdings Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hikari Holdings Co's PB Ratio falls into.


TSE:1445
16GF Score
Hikari Holdings Co Ltd TSE:1445
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hikari Holdings 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.

Hikari Holdings Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=2900.00/718.322
=4.04

* 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 4.04 mean?
Hikari Holdings Co (TSE:1445) has a PB Ratio of 4.04 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hikari Holdings Co and its competitors. This is near median its historical median of 3.97. Over the past decade, Hikari Holdings Co's PB Ratio has ranged from 2.20 to 5.60.
Is Hikari Holdings Co's PB Ratio too high?
Hikari Holdings Co's current PB Ratio of 4.04 is near median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 5.60. The Conglomerates industry median PB Ratio is 1.04. Hikari Holdings Co's value of 4.04 is 288.5% above this industry median. Overall, Hikari Holdings Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Hikari Holdings Co's PB Ratio compare to HON and MMM?
Hikari Holdings Co's PB Ratio of 4.04 can be compared against companies in the Conglomerates industry. The industry median PB Ratio is 1.04. Hikari Holdings Co's value of 4.04 is 288.5% above this benchmark. Historically, Hikari Holdings Co's own PB Ratio has ranged from 2.20 to 5.60 over the past decade. While the company's 10-year median is 3.97 vs. the industry median of 1.04, Hikari Holdings 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.04, based on 547 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. Hikari Holdings Co's current PB Ratio of 4.04 is 288.5% 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 Hikari Holdings Co and its competitors. For the Conglomerates industry, the median PB Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hikari Holdings Co's current PB Ratio is 4.04, which is near median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hikari Holdings Co stock overvalued right now?
Hikari Holdings Co (TSE:1445) has a current PB Ratio of 4.04. The stock's GF Value™ is 円4,506.62, compared to a current price of 円2,900.00 — trading 35.7% below its estimated fair value. The current PB Ratio is 4.04, which is near median its 10-year median of 3.97 and 288.5% above the Conglomerates industry median of 1.04. Hikari Holdings Co's overall GF Score™ is 16/100 with 7 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 Hikari Holdings Co (TSE:1445), the current PB Ratio is 4.04 as of Jul. 24, 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 Hikari Holdings Co (TSE:1445) Overvalued in 2026?

Based on GuruFocus' analysis, Hikari Holdings Co stock appears to be undervalued. The current stock price of 円2,900.00 is trading 35.7% below its estimated GF Value™ of 円4,506.62.

Key valuation signals for TSE:1445:

  • PB Ratio: 4.04 (near median its 10-year median of 3.97)
  • GF Value™: 円4,506.62 vs. price of 円2,900.00 (35.7% below fair value)
  • GF Score™: 16/100 with 7 warning signs
  • Industry Position: 288.5% above the Conglomerates median

No single metric tells the full story. See the TSE:1445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hikari Holdings Co Business Description

Address 1223-14 Kasahara-cho, Gifu Prefecture, Tajimi, JPN, 507-0901
Hikari Holdings Co Ltd is engaged in construction-related businesses with five reportable segments: Tile and Stone Processing and Sales Business, General Building Materials Business, Telecommunications Construction Business, Civil Engineering Work Business, and General Renovation Construction Business. The company provides a wide range of services, including processing and sales of interior and exterior materials, construction work using tiles and stone, telecommunications system design and supervision, public works projects like sewerage and road improvements, and comprehensive renovation work such as tile renovation and ultra-high pressure cleaning. It generates the majority of its revenue from the General Building Materials Business segment.
16GF Score

Get the complete analysis for TSE:1445

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

円2,900.00
Price
円4,506.62
GF Value