Baroque Japan (TSE:3548) PB Ratio: 1.81 (As of Jul. 19, 2026) — 12% Above Median

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Founder & CEO of GuruFocus
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TSE:3548 Baroque Japan Ltd TSE:3548
62 GF Score
Price 円739.00
GF Value 円701.70
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Baroque Japan PB Ratio?

Baroque Japan TSE:3548 -0.14% 62 PB Ratio is 1.81 as of Jul. 19, 2026, which is 12% above its 10-year median of 1.61. GuruFocus rates TSE:3548 with a GF Score™ of 62/100 and a GF Value™ of 円701.70 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,080 Retail - Cyclical companies, Baroque Japan ranks worse than 58.24% 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 (2026-07-19), Baroque Japan's share price is 円739.00. Baroque Japan's Book Value per Share for the quarter that ended in Feb. 2026 was 円408.27. Hence, Baroque Japan's PB Ratio of today is 1.81.

Warning Sign:

Baroque Japan Ltd stock PB Ratio (=1.81) is close to 5-year high of 1.87.

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

TSE:3548' s PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.61   Max: 3.28
Current: 1.81

During the past 11 years, Baroque Japan's highest PB Ratio was 3.28. The lowest was 0.95. And the median was 1.61.

TSE:3548's PB Ratio is ranked worse than
58.24% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 1.465 vs TSE:3548: 1.81

During the past 12 months, Baroque Japan's average Book Value Per Share Growth Rate was -6.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.00% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Baroque Japan was 53.50% per year. The lowest was -9.00% per year. And the median was 0.00% per year.

Back to Basics: PB Ratio


Baroque Japan  (TSE:3548) 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.


Baroque Japan PB Ratio Related Terms


Baroque Japan PB Ratio Historical Data

* Premium members only.

The historical data trend for Baroque Japan'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.

Baroque Japan PB Ratio Chart

Baroque Japan Annual Data
Trend Jan16 Jan17 Jan18 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.47 1.47 1.58 1.89

Baroque Japan Semi-Annual Data
Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.47 1.57 1.58 1.99 1.89

TSE:3548 vs TJX, ROST, BURL: PB Ratio Comparison

For the Apparel Retail subindustry, Baroque Japan'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.


Baroque Japan PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Baroque Japan's PB Ratio distribution charts can be found below:

* The bar in red indicates where Baroque Japan's PB Ratio falls into.


TSE:3548
62GF Score
Baroque Japan Ltd TSE:3548
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baroque Japan 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.

Baroque Japan's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=739.00/408.273
=1.81

* 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 1.81 mean?
Baroque Japan (TSE:3548) has a PB Ratio of 1.81 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Baroque Japan and its competitors. This is 12% above median its historical median of 1.61. Over the past decade, Baroque Japan's PB Ratio has ranged from 0.95 to 3.28. According to the industry distribution chart, Baroque Japan ranks #629 out of 1080 companies in the Retail - Cyclical industry, placing it in the top 58.2%.
Is Baroque Japan's PB Ratio too high?
Baroque Japan's current PB Ratio of 1.81 is 12% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 3.28. The Retail - Cyclical industry median PB Ratio is 1.47. Baroque Japan's value of 1.81 is 23.5% above this industry median. Based on the distribution chart, Baroque Japan ranks #629 out of 1080 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Baroque Japan has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baroque Japan's PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Baroque Japan ranks #629 out of 1080 companies for PB Ratio. This places Baroque Japan in the lower half of its industry. The industry median PB Ratio is 1.47. Baroque Japan's value of 1.81 is 23.5% above this benchmark. Historically, Baroque Japan's own PB Ratio has ranged from 0.95 to 3.28 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.47, Baroque Japan 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.47, based on 1,080 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. Baroque Japan's current PB Ratio of 1.81 is 23.5% 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 Baroque Japan and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baroque Japan's current PB Ratio is 1.81, which is 12% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baroque Japan stock overvalued right now?
Based on GuruFocus' analysis, Baroque Japan (TSE:3548) is currently considered Fairly Valued. The stock's GF Value™ is 円701.70, compared to a current price of 円739.00 — trading 5.3% above its estimated fair value. The current PB Ratio is 1.81, which is 12% above median its 10-year median of 1.61 and 23.5% above the Retail - Cyclical industry median of 1.47. Baroque Japan's overall GF Score™ is 62/100 with 9 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 Baroque Japan (TSE:3548), the current PB Ratio is 1.81 as of Jul. 19, 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 Baroque Japan (TSE:3548) Overvalued in 2026?

Based on GuruFocus' analysis, Baroque Japan stock appears to be overvalued. The current stock price of 円739.00 is trading 5.3% above its estimated GF Value™ of 円701.70. GuruFocus considers Baroque Japan to be Fairly Valued.

Key valuation signals for TSE:3548:

  • PB Ratio: 1.81 (12% above median its 10-year median of 1.61)
  • GF Value™: 円701.70 vs. price of 円739.00 (5.3% above fair value)
  • GF Score™: 62/100 with 9 warning signs
  • Industry Position: 23.5% above the Retail - Cyclical median (#629 of 1080)

No single metric tells the full story. See the TSE:3548 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baroque Japan Business Description

Address 4-7-7 Aobadai, Sumitomo Realty & Development Aobadai Hills, Meguro-ku, Tokyo, JPN, 153-0042
Baroque Japan Ltd operates as a holding company which engages in the operation of apparels and accessory franchise stores. The company provides fashion building and train station building apparels, shopping center apparels, department store apparels, non-store (mail order-wholesale), shoes, and own branded stores and online shopping malls.
62GF Score

Get the complete analysis for TSE:3548

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

円739.00
Price
円701.70
GF Value