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Pacific Net CoTSE:3021 +0.76%82 PB Ratio is 2.08 as of Aug. 05, 2026, which is 18% below its 10-year median of 2.55. GuruFocus rates TSE:3021 with a GF Score™ of 82/100 and a GF Value™ of 円2,180.02 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,418 Hardware companies, Pacific Net Co ranks better than 53.72% 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 (2026-08-05), Pacific Net Co's share price is 円1583.00. Pacific Net Co's Book Value per Share for the quarter that ended in Feb. 2026 was 円760.30. Hence, Pacific Net Co's PB Ratio of today is 2.08.
Good Sign:
Pacific Net Co Ltd stock PB Ratio (=2.1) is close to 5-year low of 1.97.
The historical rank and industry rank for Pacific Net Co's PB Ratio or its related term are showing as below:
TSE:3021'
s PB Ratio Range Over the Past 10 Years
Min: 1.32 Med: 2.55 Max: 8.95
Current: 2.09
During the past 13 years, Pacific Net Co's highest PB Ratio was 8.95. The lowest was 1.32. And the median was 2.55.
TSE:3021's PB Ratio is ranked better than 53.72% of 2418
companies
in the Hardware industry
Industry Median: 2.26
vs TSE:3021: 2.09
During the past 12 months, Pacific Net Co's average Book Value Per Share Growth Rate was 18.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pacific Net Co was 12.60% per year. The lowest was -1.40% per year. And the median was 4.90% 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.
Pacific Net Co PB Ratio Related Terms
Pacific Net Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Pacific Net 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.
For the Computer Hardware subindustry, Pacific Net 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.
Pacific Net Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Pacific Net Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Pacific Net Co'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.
Pacific Net Co'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.
Pacific Net Co (TSE:3021) has a PB Ratio of 2.08 as of Aug. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Pacific Net Co and its competitors. This is 18% below median its historical median of 2.55. Over the past decade, Pacific Net Co's PB Ratio has ranged from 1.32 to 8.95. According to the industry distribution chart, Pacific Net Co ranks #1119 out of 2418 companies in the Hardware industry, placing it in the top 46.3%.
Is Pacific Net Co's PB Ratio too high?
Pacific Net Co's current PB Ratio of 2.08 is 18% below median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 8.95. The Hardware industry median PB Ratio is 2.26. Pacific Net Co's value of 2.08 is 8% below this industry median. Based on the distribution chart, Pacific Net Co ranks #1119 out of 2418 companies in the Hardware industry, which is above the industry midpoint. Overall, Pacific Net Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pacific Net Co's PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Pacific Net Co ranks #1119 out of 2418 companies for PB Ratio. This puts Pacific Net Co in the upper half of its industry. The industry median PB Ratio is 2.26. Pacific Net Co's value of 2.08 is 8% below this benchmark. Historically, Pacific Net Co's own PB Ratio has ranged from 1.32 to 8.95 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 2.26, Pacific Net 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 2.26, based on 2,418 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. Pacific Net Co's current PB Ratio of 2.08 is 8% 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 Pacific Net Co and its competitors. For the Hardware industry, the median PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pacific Net Co's current PB Ratio is 2.08, which is 18% below median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Net Co stock overvalued right now?
Based on GuruFocus' analysis, Pacific Net Co (TSE:3021) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,180.02, compared to a current price of 円1,583.00 — trading 27.4% below its estimated fair value. The current PB Ratio is 2.08, which is 18% below median its 10-year median of 2.55 and 8% below the Hardware industry median of 2.26. Pacific Net Co's overall GF Score™ is 82/100 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 Pacific Net Co (TSE:3021), the current PB Ratio is 2.08 as of Aug. 05, 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 Pacific Net Co (TSE:3021) Overvalued in 2026?
Based on GuruFocus' analysis, Pacific Net Co stock appears to be undervalued.
The current stock price of 円1,583.00 is trading 27.4% below its estimated GF Value™ of 円2,180.02.
GuruFocus considers Pacific Net Co to be Modestly Undervalued.
Key valuation signals for TSE:3021:
PB Ratio: 2.08 (18% below median its 10-year median of 2.55)
GF Value™: 円2,180.02 vs. price of 円1,583.00 (27.4% below fair value)
Industry Position: 8% below the Hardware median (#1119 of 2418)
No single metric tells the full story. See the TSE:3021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pacific Net Co Ltd is engaged in reusing and recycling personal computers (PC) and other information equipment in Japan. It also provides personal computer rental and data erasing services.
82GF Score
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