Care Twentyone (TSE:2373) PB Ratio: 1.30 (As of Jul. 20, 2026) — 17% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:2373 Care Twentyone Corp TSE:2373
59 GF Score
Price 円400.00
GF Value 円480.88
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Care Twentyone PB Ratio?

Care Twentyone TSE:2373 -0.50% 59 PB Ratio is 1.30 as of Jul. 20, 2026, which is 17% below its 10-year median of 1.56. GuruFocus rates TSE:2373 with a GF Score™ of 59/100 and a GF Value™ of 円480.88 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 608 Healthcare Providers & Services companies, Care Twentyone ranks better than 68.59% 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 (2026-07-20), Care Twentyone's share price is 円400.00. Care Twentyone's Book Value per Share for the quarter that ended in Apr. 2026 was 円308.07. Hence, Care Twentyone's PB Ratio of today is 1.30.

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

TSE:2373' s PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.56   Max: 3.02
Current: 1.3

During the past 13 years, Care Twentyone's highest PB Ratio was 3.02. The lowest was 0.98. And the median was 1.56.

TSE:2373's PB Ratio is ranked better than
68.59% of 608 companies
in the Healthcare Providers & Services industry
Industry Median: 2.015 vs TSE:2373: 1.30

During the past 12 months, Care Twentyone's average Book Value Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Care Twentyone was 23.70% per year. The lowest was -12.00% per year. And the median was 10.90% per year.

Back to Basics: PB Ratio


Care Twentyone  (TSE:2373) 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.


Care Twentyone PB Ratio Related Terms


Care Twentyone PB Ratio Historical Data

* Premium members only.

The historical data trend for Care Twentyone'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.

Care Twentyone PB Ratio Chart

Care Twentyone Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 1.57 1.63 1.18 1.46

Care Twentyone Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 1.61 1.18 1.28 1.46 1.36

TSE:2373 vs HCA, THC, DVA: PB Ratio Comparison

For the Medical Care Facilities subindustry, Care Twentyone'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.


Care Twentyone PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Care Twentyone's PB Ratio distribution charts can be found below:

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


TSE:2373
59GF Score
Care Twentyone Corp TSE:2373
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Care Twentyone 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.

Care Twentyone's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=400.00/308.071
=1.30

* 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 1.30 mean?
Care Twentyone (TSE:2373) has a PB Ratio of 1.30 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Care Twentyone and its competitors. This is 17% below median its historical median of 1.56. Over the past decade, Care Twentyone's PB Ratio has ranged from 0.98 to 3.02. According to the industry distribution chart, Care Twentyone ranks #191 out of 608 companies in the Healthcare Providers & Services industry, placing it in the top 31.4%.
Is Care Twentyone's PB Ratio too high?
Care Twentyone's current PB Ratio of 1.30 is 17% below median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 3.02. The Healthcare Providers & Services industry median PB Ratio is 2.02. Care Twentyone's value of 1.30 is 35.5% below this industry median. Based on the distribution chart, Care Twentyone ranks #191 out of 608 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Care Twentyone has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Care Twentyone's PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Care Twentyone ranks #191 out of 608 companies for PB Ratio. This puts Care Twentyone in the upper half of its industry. The industry median PB Ratio is 2.02. Care Twentyone's value of 1.30 is 35.5% below this benchmark. Historically, Care Twentyone's own PB Ratio has ranged from 0.98 to 3.02 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 2.02, Care Twentyone has consistently been below 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 Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 2.02, based on 608 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. Care Twentyone's current PB Ratio of 1.30 is 35.5% below 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 Care Twentyone and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Care Twentyone's current PB Ratio is 1.30, which is 17% below median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Care Twentyone stock overvalued right now?
Based on GuruFocus' analysis, Care Twentyone (TSE:2373) is currently considered Modestly Undervalued. The stock's GF Value™ is 円480.88, compared to a current price of 円400.00 — trading 16.8% below its estimated fair value. The current PB Ratio is 1.30, which is 17% below median its 10-year median of 1.56 and 35.5% below the Healthcare Providers & Services industry median of 2.02. Care Twentyone's overall GF Score™ is 59/100 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 Care Twentyone (TSE:2373), the current PB Ratio is 1.30 as of Jul. 20, 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 Care Twentyone (TSE:2373) Overvalued in 2026?

Based on GuruFocus' analysis, Care Twentyone stock appears to be undervalued. The current stock price of 円400.00 is trading 16.8% below its estimated GF Value™ of 円480.88. GuruFocus considers Care Twentyone to be Modestly Undervalued.

Key valuation signals for TSE:2373:

  • PB Ratio: 1.30 (17% below median its 10-year median of 1.56)
  • GF Value™: 円480.88 vs. price of 円400.00 (16.8% below fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 35.5% below the Healthcare Providers & Services median (#191 of 608)

No single metric tells the full story. See the TSE:2373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Care Twentyone Business Description

Address 2-2-2 Dojima, Kintetsu Dojima building, 10th floor, Osaka, JPN, 530-0003
Care Twentyone Corp provides nursing care services. It also leases and sells nursing equipment as well as operates a nursing home for the elder people. It also provides daycare homes, nursing homes, and group homes. It is also engaged in small-scale multifunctional home care, welfare equipment sales, rental and housing repair and light work contracting business. The company has two reportable segments based on its business model: In-home nursing care business; and Facility-based nursing care business. The home care business provides visiting care services, home care support services, day care services, etc. The Facility-based Nursing Care Business operates paid nursing homes and group homes.
59GF Score

Get the complete analysis for TSE:2373

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

円400.00
Price
円480.88
GF Value