CEDAR Co (TSE:2435) PB Ratio: 1.19 (As of Jul. 25, 2026) — 46% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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TSE:2435 CEDAR Co Ltd TSE:2435
65 GF Score
Price 円208.00
GF Value 円232.67
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is CEDAR Co PB Ratio?

CEDAR Co TSE:2435 -0.95% 65 PB Ratio is 1.19 as of Jul. 25, 2026, which is 46% below its 10-year median of 2.20. GuruFocus rates TSE:2435 with a GF Score™ of 65/100 and a GF Value™ of 円232.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 606 Healthcare Providers & Services companies, CEDAR Co ranks better than 72.77% 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 (2026-07-25), CEDAR Co's share price is 円208.00. CEDAR Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円174.66. Hence, CEDAR Co's PB Ratio of today is 1.19.

Good Sign:

CEDAR Co Ltd stock PB Ratio (=1.19) is close to 3-year low of 1.17.

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

TSE:2435' s PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.2   Max: 5.86
Current: 1.19

During the past 13 years, CEDAR Co's highest PB Ratio was 5.86. The lowest was 1.04. And the median was 2.20.

TSE:2435's PB Ratio is ranked better than
72.77% of 606 companies
in the Healthcare Providers & Services industry
Industry Median: 1.995 vs TSE:2435: 1.19

During the past 12 months, CEDAR Co's average Book Value Per Share Growth Rate was 32.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 30.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CEDAR Co was 30.20% per year. The lowest was -14.00% per year. And the median was 3.45% per year.

Back to Basics: PB Ratio


CEDAR Co  (TSE:2435) 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.


CEDAR Co PB Ratio Related Terms


CEDAR Co PB Ratio Historical Data

* Premium members only.

The historical data trend for CEDAR 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.

CEDAR Co PB Ratio Chart

CEDAR Co 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 1.72 2.16 2.58 1.78 1.25

CEDAR Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.58 1.80 1.78 1.49 1.25

TSE:2435 vs HCA, THC, DVA: PB Ratio Comparison

For the Medical Care Facilities subindustry, CEDAR 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.


CEDAR Co PB Ratio vs Healthcare Providers & Services Industry

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

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


TSE:2435
65GF Score
CEDAR Co Ltd TSE:2435
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CEDAR 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=208.00/174.657
=1.19

* 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 1.19 mean?
CEDAR Co (TSE:2435) has a PB Ratio of 1.19 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CEDAR Co and its competitors. This is 46% below median its historical median of 2.20. Over the past decade, CEDAR Co's PB Ratio has ranged from 1.04 to 5.86. According to the industry distribution chart, CEDAR Co ranks #165 out of 606 companies in the Healthcare Providers & Services industry, placing it in the top 27.2%.
Is CEDAR Co's PB Ratio too high?
CEDAR Co's current PB Ratio of 1.19 is 46% below median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 5.86. The Healthcare Providers & Services industry median PB Ratio is 2.00. CEDAR Co's value of 1.19 is 40.4% below this industry median. Based on the distribution chart, CEDAR Co ranks #165 out of 606 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, CEDAR Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CEDAR Co's PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, CEDAR Co ranks #165 out of 606 companies for PB Ratio. This puts CEDAR Co in the upper half of its industry. The industry median PB Ratio is 2.00. CEDAR Co's value of 1.19 is 40.4% below this benchmark. Historically, CEDAR Co's own PB Ratio has ranged from 1.04 to 5.86 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 2.00, CEDAR Co 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 2.00, based on 606 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. CEDAR Co's current PB Ratio of 1.19 is 40.4% 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 CEDAR Co and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEDAR Co's current PB Ratio is 1.19, which is 46% below median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEDAR Co stock overvalued right now?
Based on GuruFocus' analysis, CEDAR Co (TSE:2435) is currently considered Modestly Undervalued. The stock's GF Value™ is 円232.67, compared to a current price of 円208.00 — trading 10.6% below its estimated fair value. The current PB Ratio is 1.19, which is 46% below median its 10-year median of 2.20 and 40.4% below the Healthcare Providers & Services industry median of 2.00. CEDAR Co's overall GF Score™ is 65/100 with 3 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 CEDAR Co (TSE:2435), the current PB Ratio is 1.19 as of Jul. 25, 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 CEDAR Co (TSE:2435) Overvalued in 2026?

Based on GuruFocus' analysis, CEDAR Co stock appears to be undervalued. The current stock price of 円208.00 is trading 10.6% below its estimated GF Value™ of 円232.67. GuruFocus considers CEDAR Co to be Modestly Undervalued.

Key valuation signals for TSE:2435:

  • PB Ratio: 1.19 (46% below median its 10-year median of 2.20)
  • GF Value™: 円232.67 vs. price of 円208.00 (10.6% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 40.4% below the Healthcare Providers & Services median (#165 of 606)

No single metric tells the full story. See the TSE:2435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CEDAR Co Business Description

Address 1-7-19 Ohata, Fukuoka Prefecture, Kitakyushu, JPN, 802-0026
CEDAR Co Ltd is engaged in providing long-term care facilities in Japan. The services offered by the company include paid nursing homes, visiting nursing stations, helper stations, and care plan centers.
65GF Score

Get the complete analysis for TSE:2435

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

円208.00
Price
円232.67
GF Value