Natori Co (TSE:2922) PB Ratio: 0.93 (As of Jul. 29, 2026) — 15% Below Median

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TSE:2922 Natori Co Ltd TSE:2922
71 GF Score
Price 円2,037.00
GF Value 円2,120.98
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Natori Co PB Ratio?

Natori Co TSE:2922 +2.00% 71 PB Ratio is 0.93 as of Jul. 29, 2026, which is 15% below its 10-year median of 1.09. GuruFocus rates TSE:2922 with a GF Score™ of 71/100 and a GF Value™ of 円2,120.98 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,899 Consumer Packaged Goods companies, Natori Co ranks better than 66.72% 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), Natori Co's share price is 円2037.00. Natori Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円2,199.78. Hence, Natori Co's PB Ratio of today is 0.93.

Good Sign:

Natori Co Ltd stock PB Ratio (=0.9) is close to 10-year low of 0.84.

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

TSE:2922' s PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.09   Max: 1.47
Current: 0.93

During the past 13 years, Natori Co's highest PB Ratio was 1.47. The lowest was 0.84. And the median was 1.09.

TSE:2922's PB Ratio is ranked better than
66.72% of 1899 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs TSE:2922: 0.93

During the past 12 months, Natori Co's average Book Value Per Share Growth Rate was 5.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Natori Co was 6.80% per year. The lowest was 1.80% per year. And the median was 4.95% per year.

Back to Basics: PB Ratio


Natori Co  (TSE:2922) 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.


Natori Co PB Ratio Related Terms


Natori Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Natori 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.

Natori Co PB Ratio Chart

Natori 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 1.05 1.03 1.07 0.99 0.87

Natori 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 1.07 1.05 0.99 0.95 0.87

TSE:2922 vs KHC, GIS: PB Ratio Comparison

For the Packaged Foods subindustry, Natori 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.


Natori Co PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Natori Co's PB Ratio distribution charts can be found below:

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


TSE:2922
71GF Score
Natori Co Ltd TSE:2922
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Natori 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2037.00/2199.779
=0.93

* 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 0.93 mean?
Natori Co (TSE:2922) has a PB Ratio of 0.93 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 Natori Co and its competitors. This is 15% below median its historical median of 1.09. Over the past decade, Natori Co's PB Ratio has ranged from 0.84 to 1.47. According to the industry distribution chart, Natori Co ranks #632 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 33.3%.
Is Natori Co's PB Ratio too high?
Natori Co's current PB Ratio of 0.93 is 15% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 1.47. The Consumer Packaged Goods industry median PB Ratio is 1.35. Natori Co's value of 0.93 is 31.1% below this industry median. Based on the distribution chart, Natori Co ranks #632 out of 1899 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Natori Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Natori Co's PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Natori Co ranks #632 out of 1899 companies for PB Ratio. This puts Natori Co in the upper half of its industry. The industry median PB Ratio is 1.35. Natori Co's value of 0.93 is 31.1% below this benchmark. Historically, Natori Co's own PB Ratio has ranged from 0.84 to 1.47 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.35, Natori 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.35, based on 1,899 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. Natori Co's current PB Ratio of 0.93 is 31.1% 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 Natori Co and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natori Co's current PB Ratio is 0.93, which is 15% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natori Co stock overvalued right now?
Based on GuruFocus' analysis, Natori Co (TSE:2922) is currently considered Fairly Valued. The stock's GF Value™ is 円2,120.98, compared to a current price of 円2,037.00 — trading 4% below its estimated fair value. The current PB Ratio is 0.93, which is 15% below median its 10-year median of 1.09 and 31.1% below the Consumer Packaged Goods industry median of 1.35. Natori Co's overall GF Score™ is 71/100 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 Natori Co (TSE:2922), the current PB Ratio is 0.93 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 Natori Co (TSE:2922) Overvalued in 2026?

Based on GuruFocus' analysis, Natori Co stock appears to be undervalued. The current stock price of 円2,037.00 is trading 4% below its estimated GF Value™ of 円2,120.98. GuruFocus considers Natori Co to be Fairly Valued.

Key valuation signals for TSE:2922:

  • PB Ratio: 0.93 (15% below median its 10-year median of 1.09)
  • GF Value™: 円2,120.98 vs. price of 円2,037.00 (4% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 31.1% below the Consumer Packaged Goods median (#632 of 1899)

No single metric tells the full story. See the TSE:2922 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Natori Co Business Description

Address 5-5-1 Oji, Kita-ku, Tokyo, JPN, 114-8611
Natori Co Ltd is engaged in manufacturing and selling of (various snack) food. The company's products include dried squids, dried scallops, cheese, salami, beef jerky, peanuts, and fried snacks.
71GF Score

Get the complete analysis for TSE:2922

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

円2,037.00
Price
円2,120.98
GF Value