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.
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.
EPCO CoTSE:2311 +1.95%69 PB Ratio is 1.52 as of Jul. 29, 2026, which is 20% below its 10-year median of 1.91. GuruFocus rates TSE:2311 with a GF Score™ of 69/100 and a GF Value™ of 円1,001.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,720 Construction companies, EPCO Co ranks worse than 55.52% 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 (2026-07-29), EPCO Co's share price is 円784.00. EPCO Co's Book Value per Share for the quarter that ended in Dec. 2025 was 円514.65. Hence, EPCO Co's PB Ratio of today is 1.52.
Good Sign:
EPCO Co Ltd stock PB Ratio (=1.48) is close to 3-year low of 1.35.
The historical rank and industry rank for EPCO Co's PB Ratio or its related term are showing as below:
TSE:2311'
s PB Ratio Range Over the Past 10 Years
Min: 1.18 Med: 1.91 Max: 6.43
Current: 1.53
During the past 13 years, EPCO Co's highest PB Ratio was 6.43. The lowest was 1.18. And the median was 1.91.
TSE:2311's PB Ratio is ranked worse than 55.52% of 1720
companies
in the Construction industry
Industry Median: 1.32
vs TSE:2311: 1.53
During the past 12 months, EPCO Co's average Book Value Per Share Growth Rate was 0.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of EPCO Co was 18.90% per year. The lowest was -2.90% per year. And the median was 4.60% per year.
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.
EPCO Co PB Ratio Related Terms
EPCO Co PB Ratio Historical Data
* Premium members only.
The historical data trend for EPCO 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.
For the Engineering & Construction subindustry, EPCO 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.
EPCO Co PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, EPCO Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where EPCO Co's PB Ratio falls into.
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.
EPCO Co's PB Ratio for today is calculated as follows:
* 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.
EPCO Co (TSE:2311) has a PB Ratio of 1.52 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on EPCO Co and its competitors. This is 20% below median its historical median of 1.91. Over the past decade, EPCO Co's PB Ratio has ranged from 1.18 to 6.43. According to the industry distribution chart, EPCO Co ranks #955 out of 1720 companies in the Construction industry, placing it in the top 55.5%.
Is EPCO Co's PB Ratio too high?
EPCO Co's current PB Ratio of 1.52 is 20% below median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 6.43. The Construction industry median PB Ratio is 1.32. EPCO Co's value of 1.52 is 15.2% above this industry median. Based on the distribution chart, EPCO Co ranks #955 out of 1720 companies in the Construction industry, which is below the industry midpoint. Overall, EPCO Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EPCO Co's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, EPCO Co ranks #955 out of 1720 companies for PB Ratio. This places EPCO Co in the lower half of its industry. The industry median PB Ratio is 1.32. EPCO Co's value of 1.52 is 15.2% above this benchmark. Historically, EPCO Co's own PB Ratio has ranged from 1.18 to 6.43 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.32, EPCO 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,720 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. EPCO Co's current PB Ratio of 1.52 is 15.2% 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 EPCO Co and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EPCO Co's current PB Ratio is 1.52, which is 20% below median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EPCO Co stock overvalued right now?
Based on GuruFocus' analysis, EPCO Co (TSE:2311) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,001.29, compared to a current price of 円784.00 — trading 21.7% below its estimated fair value. The current PB Ratio is 1.52, which is 20% below median its 10-year median of 1.91 and 15.2% above the Construction industry median of 1.32. EPCO Co's overall GF Score™ is 69/100 with 2 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 EPCO Co (TSE:2311), the current PB Ratio is 1.52 as of Jul. 29, 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 EPCO Co (TSE:2311) Overvalued in 2026?
Based on GuruFocus' analysis, EPCO Co stock appears to be undervalued.
The current stock price of 円784.00 is trading 21.7% below its estimated GF Value™ of 円1,001.29.
GuruFocus considers EPCO Co to be Modestly Undervalued.
Key valuation signals for TSE:2311:
PB Ratio: 1.52 (20% below median its 10-year median of 1.91)
GF Value™: 円1,001.29 vs. price of 円784.00 (21.7% below fair value)
Industry Position: 15.2% above the Construction median (#955 of 1720)
No single metric tells the full story. See the TSE:2311 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EPCO Co Ltd is a design consulting company. Its core business activity is to provide design services and architectural design services. The company offers design services for residential areas in general, including the design of solar light and storage batteries, support for the net, zero, energy and house applications. In addition, it also provides water supply and drainage facility design and electrical facility design essential for housing.
69GF Score
Get the complete analysis for TSE:2311
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2311 has been successfully added to your 
