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GLC GroupTSE:2970 84 PB Ratio is 2.64 as of Jul. 23, 2026, which is 26% above its 10-year median of 2.10. GuruFocus rates TSE:2970 with a GF Score™ of 84/100 and a GF Value™ of 円1,254.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,712 Real Estate companies, GLC Group ranks worse than 87.38% 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 (2026-07-23), GLC Group's share price is 円940.00. GLC Group's Book Value per Share for the quarter that ended in Dec. 2025 was 円355.49. Hence, GLC Group's PB Ratio of today is 2.64.
The historical rank and industry rank for GLC Group's PB Ratio or its related term are showing as below:
TSE:2970'
s PB Ratio Range Over the Past 10 Years
Min: 1.01 Med: 2.1 Max: 5.96
Current: 2.64
During the past 10 years, GLC Group's highest PB Ratio was 5.96. The lowest was 1.01. And the median was 2.10.
TSE:2970's PB Ratio is ranked worse than 87.38% of 1712
companies
in the Real Estate industry
Industry Median: 0.81
vs TSE:2970: 2.64
During the past 12 months, GLC Group's average Book Value Per Share Growth Rate was 37.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 31.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 23.50% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of GLC Group was 51.40% per year. The lowest was 10.10% per year. And the median was 23.50% 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.
GLC Group PB Ratio Related Terms
GLC Group PB Ratio Historical Data
* Premium members only.
The historical data trend for GLC Group'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 Real Estate Services subindustry, GLC Group'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.
GLC Group PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, GLC Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where GLC Group'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.
GLC Group'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.
GLC Group (TSE:2970) has a PB Ratio of 2.64 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on GLC Group and its competitors. This is 26% above median its historical median of 2.10. Over the past decade, GLC Group's PB Ratio has ranged from 1.01 to 5.96. According to the industry distribution chart, GLC Group ranks #1496 out of 1712 companies in the Real Estate industry, placing it in the top 87.4%.
Is GLC Group's PB Ratio too high?
GLC Group's current PB Ratio of 2.64 is 26% above median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 5.96. The Real Estate industry median PB Ratio is 0.81. GLC Group's value of 2.64 is 225.9% above this industry median. Based on the distribution chart, GLC Group ranks #1496 out of 1712 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, GLC Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GLC Group's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, GLC Group ranks #1496 out of 1712 companies for PB Ratio. This places GLC Group in the lower half of its industry. The industry median PB Ratio is 0.81. GLC Group's value of 2.64 is 225.9% above this benchmark. Historically, GLC Group's own PB Ratio has ranged from 1.01 to 5.96 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 0.81, GLC Group 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,712 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. GLC Group's current PB Ratio of 2.64 is 225.9% 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 GLC Group and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLC Group's current PB Ratio is 2.64, which is 26% above median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLC Group stock overvalued right now?
Based on GuruFocus' analysis, GLC Group (TSE:2970) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,254.72, compared to a current price of 円940.00 — trading 25.1% below its estimated fair value. The current PB Ratio is 2.64, which is 26% above median its 10-year median of 2.10 and 225.9% above the Real Estate industry median of 0.81. GLC Group's overall GF Score™ is 84/100 with 4 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 GLC Group (TSE:2970), the current PB Ratio is 2.64 as of Jul. 23, 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 GLC Group (TSE:2970) Overvalued in 2026?
Based on GuruFocus' analysis, GLC Group stock appears to be undervalued.
The current stock price of 円940.00 is trading 25.1% below its estimated GF Value™ of 円1,254.72.
GuruFocus considers GLC Group to be Modestly Undervalued.
Key valuation signals for TSE:2970:
PB Ratio: 2.64 (26% above median its 10-year median of 2.10)
GF Value™: 円1,254.72 vs. price of 円940.00 (25.1% below fair value)
Industry Position: 225.9% above the Real Estate median (#1496 of 1712)
No single metric tells the full story. See the TSE:2970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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