Dive Group (TSE:151A) PB Ratio: 2.01 (As of Jul. 22, 2026) — 38% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

TSE:151A Dive Group Inc TSE:151A
18 GF Score
Price 円647.00
View Full Analysis

What is Dive Group PB Ratio?

Dive Group TSE:151A +2.70% 18 PB Ratio is 2.01 as of Jul. 22, 2026, which is 38% below its 10-year median of 3.23. GuruFocus rates TSE:151A with a GF Score™ of 18/100. Among 1,047 Business Services companies, Dive Group ranks worse than 58.83% 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 (2026-07-22), Dive Group's share price is 円647.00. Dive Group's Book Value per Share for the quarter that ended in Dec. 2025 was 円321.86. Hence, Dive Group's PB Ratio of today is 2.01.

Good Sign:

Dive Group Inc stock PB Ratio (=1.96) is close to 3-year low of 1.84.

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

TSE:151A' s PB Ratio Range Over the Past 10 Years
Min: 1.84   Med: 3.23   Max: 5.72
Current: 2.01

During the past 4 years, Dive Group's highest PB Ratio was 5.72. The lowest was 1.84. And the median was 3.23.

TSE:151A's PB Ratio is ranked worse than
58.83% of 1047 companies
in the Business Services industry
Industry Median: 1.65 vs TSE:151A: 2.01

During the past 12 months, Dive Group's average Book Value Per Share Growth Rate was 15.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 32.60% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Dive Group was 32.60% per year. The lowest was 32.60% per year. And the median was 32.60% per year.

Back to Basics: PB Ratio


Dive Group  (TSE:151A) 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.


Dive Group PB Ratio Related Terms


Dive Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Dive 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.

Dive Group PB Ratio Chart

Dive Group Annual Data
Trend Jun22 Jun23 Jun24 Jun25
PB Ratio
0.00 0.00 5.12 3.58

Dive Group Quarterly Data
Jun22 Jun23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.41 3.58 2.54 2.19 1.94

TSE:151A vs HON, MMM: PB Ratio Comparison

For the Staffing & Employment Services subindustry, Dive 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.


Dive Group PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Dive Group's PB Ratio distribution charts can be found below:

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


TSE:151A
18GF Score
Dive Group Inc TSE:151A
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dive 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=647.00/321.857
=2.01

* 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 2.01 mean?
Dive Group (TSE:151A) has a PB Ratio of 2.01 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dive Group and its competitors. This is 38% below median its historical median of 3.23. Over the past decade, Dive Group's PB Ratio has ranged from 1.84 to 5.72. According to the industry distribution chart, Dive Group ranks #616 out of 1047 companies in the Business Services industry, placing it in the top 58.8%.
Is Dive Group's PB Ratio too high?
Dive Group's current PB Ratio of 2.01 is 38% below median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 5.72. The Business Services industry median PB Ratio is 1.65. Dive Group's value of 2.01 is 21.8% above this industry median. Based on the distribution chart, Dive Group ranks #616 out of 1047 companies in the Business Services industry, which is below the industry midpoint. Overall, Dive Group has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Dive Group's PB Ratio compare to HON and MMM?
According to the Business Services industry distribution chart, Dive Group ranks #616 out of 1047 companies for PB Ratio. This places Dive Group in the lower half of its industry. The industry median PB Ratio is 1.65. Dive Group's value of 2.01 is 21.8% above this benchmark. Historically, Dive Group's own PB Ratio has ranged from 1.84 to 5.72 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 1.65, Dive 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 Business Services company?
The median PB Ratio among Business Services companies is 1.65, based on 1,047 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. Dive Group's current PB Ratio of 2.01 is 21.8% 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 Dive Group and its competitors. For the Business Services industry, the median PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dive Group's current PB Ratio is 2.01, which is 38% below median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dive Group stock overvalued right now?
Dive Group (TSE:151A) has a current PB Ratio of 2.01. The current PB Ratio is 2.01, which is 38% below median its 10-year median of 3.23 and 21.8% above the Business Services industry median of 1.65. Dive Group's overall GF Score™ is 18/100. 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 Dive Group (TSE:151A), the current PB Ratio is 2.01 as of Jul. 22, 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.

Dive Group Business Description

Address 2-8-1 Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Dive Inc is engaged in Staffing and recruitment business specializing in resort work, Accommodation facility management business, and Information system solution business.
18GF Score

Get the complete analysis for TSE:151A

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

円647.00
Price