Wedge Co (TSE:252A) PB Ratio: 1.82 (As of Jul. 27, 2026) — 10% 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:252A Wedge Co Ltd TSE:252A
12 GF Score
Price 円2,566.00
! 1 Warning Sign
View Full Analysis

What is Wedge Co PB Ratio?

Wedge Co TSE:252A 12 PB Ratio is 1.82 as of Jul. 27, 2026, which is 10% below its 10-year median of 2.02. GuruFocus rates TSE:252A with a GF Score™ of 12/100. The stock has 1 warning sign 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 (2026-07-27), Wedge Co's share price is 円2566.00. Wedge Co's Book Value per Share for the quarter that ended in Dec. 2025 was 円1,406.51. Hence, Wedge Co's PB Ratio of today is 1.82.

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

TSE:252A' s PB Ratio Range Over the Past 10 Years
Min: 1.82   Med: 2.02   Max: 2.05
Current: 1.82

During the past 4 years, Wedge Co's highest PB Ratio was 2.05. The lowest was 1.82. And the median was 2.02.

TSE:252A's PB Ratio is not ranked
in the Hardware industry.
Industry Median: 2.2 vs TSE:252A: 1.82

During the past 12 months, Wedge Co's average Book Value Per Share Growth Rate was 10.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.40% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Wedge Co was 17.40% per year. The lowest was 17.40% per year. And the median was 17.40% per year.

Back to Basics: PB Ratio


Wedge Co  (TSE:252A) 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.


Wedge Co PB Ratio Related Terms


Wedge Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Wedge 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.

Wedge Co PB Ratio Chart

Wedge Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 2.02 1.82

Wedge Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial 0.00 0.00 2.02 1.90 1.82

TSE:252A vs : PB Ratio Comparison

For the Communication Equipment subindustry, Wedge 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.


Wedge Co PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Wedge Co's PB Ratio distribution charts can be found below:

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


TSE:252A
12GF Score
Wedge Co Ltd TSE:252A
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wedge 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=2566.00/1406.509
=1.82

* 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 1.82 mean?
Wedge Co (TSE:252A) has a PB Ratio of 1.82 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Wedge Co and its competitors. This is 10% below median its historical median of 2.02. Over the past decade, Wedge Co's PB Ratio has ranged from 1.82 to 2.05.
Is Wedge Co's PB Ratio too high?
Wedge Co's current PB Ratio of 1.82 is 10% below median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 2.05. The Hardware industry median PB Ratio is 2.20. Wedge Co's value of 1.82 is 17.3% below this industry median. Overall, Wedge Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wedge Co's PB Ratio compare to ?
Wedge Co's PB Ratio of 1.82 can be compared against companies in the Hardware industry. The industry median PB Ratio is 2.20. Wedge Co's value of 1.82 is 17.3% below this benchmark. Historically, Wedge Co's own PB Ratio has ranged from 1.82 to 2.05 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 2.20, Wedge 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 Hardware company?
The median PB Ratio among Hardware companies is 2.20, based on 2,420 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. Wedge Co's current PB Ratio of 1.82 is 17.3% 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 Wedge Co and its competitors. For the Hardware industry, the median PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wedge Co's current PB Ratio is 1.82, which is 10% below median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wedge Co stock overvalued right now?
Wedge Co (TSE:252A) has a current PB Ratio of 1.82. The current PB Ratio is 1.82, which is 10% below median its 10-year median of 2.02 and 17.3% below the Hardware industry median of 2.20. Wedge Co's overall GF Score™ is 12/100 with 1 warning sign 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 Wedge Co (TSE:252A), the current PB Ratio is 1.82 as of Jul. 27, 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.

Wedge Co Business Description

Comparable Companies
Address 2 Kisshoin Shimizu-cho, Minami-ku, Kyoto Prefecture, Kyoto, JPN, 601-8329
Wedge Co Ltd is engaged in the Design, development, sales, maintenance, management, and rental and leasing of wireless communication devices. Its products include Digital simple radio registration stations, Specific low-power transceivers, repeaters, Business radios, Earphones, Microphones, chargers, Battery clips, Storage cases, antennas, GPs and others.
12GF Score

Get the complete analysis for TSE:252A

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

円2,566.00
Price